Quick Answer
Wheels Up Experience Inc. reported R&D Expense of $38.76 million for fiscal year 2025.
Wheels Up Experience Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $38.76M | -4.7% |
| 2024 | $40.69M | -34.2% |
| 2023 | $61.87M | +8.1% |
| 2022 | $57.24M | +70.5% |
| 2021 | $33.58M | +59.8% |
| 2020 | $21.01M | +50.4% |
| 2019 | $13.96M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $10.17M | +6.0% | +8.7% |
| June 30, 2025 | $9.36M | -11.1% | -11.1% |
| March 31, 2025 | $10.52M | -5.0% | +9.7% |
| September 30, 2024 | $9.59M | -51.9% | -8.9% |
| June 30, 2024 | $10.53M | -27.0% | -5.0% |
| March 31, 2024 | $11.08M | -30.2% | -44.5% |
| September 30, 2023 | $19.96M | +20.0% | +38.3% |
| June 30, 2023 | $14.43M | -1.2% | -9.1% |
- Wheels Up Experience Inc. showed a decrease of -4.7% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Wheels Up Experience Inc.’s r&d expense has grown by 177.6% (from $13.96 million to $38.76 million).
- The most recent figure is from Wheels Up Experience Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 10, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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