---
title: "Wheels Up Q2 FY26 net loss widens 30% to $107.25 million; revenue drops 4% to $182 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294809924.md"
description: "Wheels Up reported a Q2 FY26 GAAP net loss of $107.25 million, widening 30% year-over-year, while revenue declined 4% to $182 million. However, adjusted EBITDAR and EBITDA losses narrowed by 27% and 16%, respectively. Operational metrics showed an 8% drop in total gross bookings and a 28% decrease in live flight legs, though gross bookings per leg rose 27%. The company also extended its Delta credit facility commitment and expanded its premium fleet."
datetime: "2026-08-04T10:55:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294809924.md)
  - [en](https://longbridge.com/en/news/294809924.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294809924.md)
generator: "portal-rs"
---

# Wheels Up Q2 FY26 net loss widens 30% to $107.25 million; revenue drops 4% to $182 million

-   Wheels Up posted Q2 2026 GAAP revenue of USD 182 million, down 4% year over year; GAAP net loss widened to USD 107 million. \* Adjusted EBITDAR loss narrowed 27% to USD 19.93 million; adjusted EBITDA loss improved 16% to USD 26.16 million. \* Total Gross Bookings fell 8% to USD 241.8 million; Live Flight Legs dropped 28% to 8,649, lifting gross bookings per leg 27% to USD 22,048. \* Completion Rate rose 2 percentage points to 99.4%; on-time performance (A-30) improved 6 percentage points to 86.8%, with 119 brand days through July. \* Delta extended the availability period for its USD 100 million revolving credit facility commitment to Sept. 20, 2028; premium controlled fleet expanded to 40 aircraft. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wheels Up Experience Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608040655PR\_NEWS\_USPR\_\_\_\_\_NY18292) on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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