---
title: "WHEELS UP EXPERIENCE INC | 8-K: FY2025 Q1 Revenue: USD 177.53 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238430383.md"
datetime: "2025-05-01T11:01:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238430383.md)
  - [en](https://longbridge.com/en/news/238430383.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238430383.md)
generator: "portal-rs"
---

# WHEELS UP EXPERIENCE INC | 8-K: FY2025 Q1 Revenue: USD 177.53 M

Revenue: As of FY2025 Q1, the actual value is USD 177.53 M.

EPS: As of FY2025 Q1, the actual value is USD -0.14.

EBIT: As of FY2025 Q1, the actual value is USD -80.77 M.

### Segment Revenue

-   **Total Revenue**: $177.5 million, a decrease of 10% year over year.
-   **Membership Revenue**: $9.2 million, down 45% year over year.
-   **Flight Revenue**: $147.6 million, down 2% year over year.
-   **Other Revenue**: $20.8 million, down 29% year over year.

### Operational Metrics

-   **Net Loss**: - $99.3 million, compared to - $97.4 million in the previous year.
-   **Gross Loss**: - $1.1 million, a $15.5 million improvement year over year.
-   **Adjusted Contribution**: $22.4 million, with an Adjusted Contribution Margin of 12.6%, up 12 percentage points year over year.
-   **Adjusted EBITDA Loss**: - $24.2 million, a 51% improvement year over year.
-   **Adjusted EBITDAR Loss**: - $18.8 million, a 54% improvement year over year.

### Cash Flow

-   **Net Cash Used in Operating Activities**: - $47.9 million, a 35% improvement from - $73.8 million in the previous year.
-   **Net Cash Provided by Investing Activities**: $16.1 million, compared to $19.6 million in the previous year.
-   **Net Cash Used in Financing Activities**: - $8.7 million, compared to - $24.3 million in the previous year.

### Unique Metrics

-   **Total Gross Bookings**: $241.9 million, up 8% year over year.
-   **Private Jet Gross Bookings**: $205.3 million, up 7% year over year.
-   **Live Flight Legs**: 10,895, a decrease of 7% year over year.
-   **Utility**: 38.1, a 23% increase year over year.

### Outlook / Guidance

Wheels Up is focused on improving profitability and expanding margins by modernizing its fleet and leveraging its partnership with Delta. The company anticipates higher On-Time Performance, Completion Rate, and Utility as the fleet transitions to a more modern and reliable configuration. Additionally, Wheels Up plans to offer new hybrid travel options with Delta for European destinations, enhancing customer experience.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**