Wheels Up Q4 2025: first-ever positive Adjusted EBITDAR; net loss improves

Wheels Up Experience Inc.

2025-FY EPS reported -$0.42 revenue$736,495,000

Q4 2025 marked first positive Adjusted EBITDAR in company history, per investor letter.
Net loss improved significantly year-over-year; operational reliability reached record levels.
Fleet modernization, Signature Membership, and Delta partnership cited as commercial momentum drivers.

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