---
title: "WHEELS UP EXPERIENCE INC | 10-Q: FY2025 Q2 Revenue: USD 189.64 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252039865.md"
datetime: "2025-08-07T12:27:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252039865.md)
  - [en](https://longbridge.com/en/news/252039865.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252039865.md)
---

# WHEELS UP EXPERIENCE INC | 10-Q: FY2025 Q2 Revenue: USD 189.64 M

Revenue: As of FY2025 Q2, the actual value is USD 189.64 M.

EPS: As of FY2025 Q2, the actual value is USD -0.12.

EBIT: As of FY2025 Q2, the actual value is USD -81.34 M.

### Segment Revenue

-   **Membership Revenue**: Decreased by 53% to $7,474,000 for the three months ended June 30, 2025, compared to $16,046,000 for the same period in 2024.
-   **Flight Revenue**: Decreased by 3% to $158,330,000 for the three months ended June 30, 2025, compared to $163,684,000 for the same period in 2024.
-   **Other Revenue**: Increased by 44% to $23,833,000 for the three months ended June 30, 2025, compared to $16,555,000 for the same period in 2024.

### Operational Metrics

-   **Net Loss**: Improved by 15% to -$82,299,000 for the three months ended June 30, 2025, compared to -$96,973,000 for the same period in 2024.
-   **Gross Margin**: Improved to 1.2% for the three months ended June 30, 2025, compared to -5.6% for the same period in 2024.
-   **Adjusted Contribution Margin**: Increased to 12.2% for the three months ended June 30, 2025, compared to 7.8% for the same period in 2024.

### Cash Flow

-   **Net Cash Used in Operating Activities**: Increased to -$110,804,000 for the six months ended June 30, 2025, compared to -$98,956,000 for the same period in 2024.
-   **Net Cash Provided by Investing Activities**: Decreased to $19,914,000 for the six months ended June 30, 2025, compared to $24,093,000 for the same period in 2024.
-   **Net Cash Used in Financing Activities**: Decreased to -$17,560,000 for the six months ended June 30, 2025, compared to -$41,396,000 for the same period in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company is implementing initiatives expected to drive approximately $50 million in annual cash cost savings through efficiency, productivity, and overhead cost reduction actions associated with its fleet modernization plan over the next several quarters.
-   **Non-Core Business**: The company announced the sale of three non-core services businesses, expected to generate approximately $20 million of proceeds before transaction-related expenses, with the transaction expected to close in the third quarter of 2025.

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