Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-2.35%
$3.75
50% positive prob.
5-Day Prediction
-6.23%
$3.60
50% positive prob.
20-Day Prediction
-14.05%
$3.30
47% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q3 2026 | HOLD | -2.35% | -6.23% | -14.05% | 0.1% | Pending |
| Q2 2026 | BUY | +2.16% | +13.73% | +30.27% | 100.0% | -6.78% |
SEC 8-K filings with transcript text
Oct 9, 2026 · 0% conf.
1D
-2.35%
$3.75
Act: -6.51%
5D
-6.23%
$3.60
20D
-14.05%
$3.30
2 ex-991xamendedreconciliati.htm
Document
Exhibit 99.1
ADJUSTED EBITDA AND ADJUSTED EBITDAR TO NET INCOME (LOSS) (UPDATED DEFINITION - IN THOUSANDS)
As amended as of October 9, 2026
Amended Reconciliations of Adjusted EBITDA and Adjusted EBITDAR to Net income (loss) (Updated Definition – in thousands)
Three Months EndedYear Ended
March 31, 2026December 31, 2025September 30, 2025June 30, 2025March 31, 2025December 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2025December 31, 2024
Net loss$(82,958)$(28,875)$(83,730)$(82,299)$(99,313)$(87,538)$(57,731)$(96,973)$(97,393)$(294,217)$(339,635)
Add back (deduct):
Interest expense25,307 24,996 23,510 22,084 19,880 18,089 16,041 16,667 14,555 90,470 65,352
Interest income(242)(405)(631)(836)(1,148)(922)(907)(285)(56)(3,020)(2,170)
Income tax expense (benefit)509 1,134 1,332 959 78 494 405 441 (114)3,503 1,226
Other expense (income), net11 1,248 (4)470 (301)218 149 221 129 1,413 717
Depreciation and amortization11,714 13,545 13,926 13,490 20,210 13,074 12,484 15,593 15,395 61,171 56,546
Change in fair value of warrant liability— — — — — 17 (107)70 28 — 8
Loss (gain) on divestiture— 152 (1,833)— — 1,400 — — (3,403)(1,681)(2,003)
Loss (gain) on disposal of assets, net117 (1,211)(480)20 (3,289)1,538 (70)(136)1,963 (4,960)3,295
Equity-based compensation expense11,388 11,975 12,499 8,295 12,661 12,613 7,885 14,268 11,211 45,430 45,977
Integration and transformation expense(1) 494 1,021 2,866 183 1,183 — — — — 5,253 —
Fleet modernization expense(2) — 9,008 8,697 7,972 5,147 28,135 — — — 30,824 28,135
Legacy fleet retirement(3) 4,984 — — — — — — — — — —
Restructuring charges(4) — — — — — 365 970 4,371 2,144 — 7,850
Atlanta Member Operations Center set-up expense(5)
— — — — — — — 458 3,023 — 3,481
Certificate consolidation expense(6) — — — — — 794 1,143 3,674 1,138 — 6,749
Other(7) 613 340 624 625 20,742 416 (244)4,276 2,151 22,331 6,599
Adjusted EBITDA (previous definition)$(28,063)$32,928 $(23,224)$(29,037)$(24,150)$(11,307)$(19,982)$(37,355)$(49,229)$(43,483)$(117,873)
Aircraft lease costs(8) 9,762 3,980 3,573 3,918 5,358 8,133 8,387 8,596 8,143 16,829 33,260
Adjusted EBITDAR (previous definition)$(18,301)$36,908 $(19,651)$(25,119)$(18,792)$(3,174)$(11,595)$(28,759)$(41,086)$(26,654)$(84,613)
1
Three Months EndedYear Ended
March 31, 2026December 31, 2025September 30, 2025June 30, 2025March 31, 2025December 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2025December 31, 2024
Adjusted EBITDA (previous definition)$(28,063)$32,928 $(23,224)$(29,037)$(24,150)$(11,307)$(19,982)$(37,355)$(49,229)$(43,483)$(117,873)
Adjustments:
(Gain) loss on sale of aircraft held for sale(2,508)(39,272)(3,737)(2,203)(6,551)(1,942)(190)234 (2,724)(51,763)(4,622)
Loss on extinguishment of debt17 40 19 22 38 504 289 805 1,706 119 3,304
Adjusted EBITDA (updated definition)$(30,554)$(6,304)$(26,942)$(31,218)$(30,663)$(12,745)$(19,883)$(36,316)$(50,247)$(95,127)$(119,191)
Three Months EndedYear Ended
March 31, 2026December 31, 2025September 30, 2025June 30, 2025March 31, 2025December 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2025December 31, 2024
Adjusted EBITDAR (previous definition)$(18,301)$36,908 $(19,651)$(25,119)$(18,792)$(3,174)$(11,595)$(28,759)$(41,086)$(26,654)$(84,613)
Adjustments:
(Gain) loss on sale of aircraft held for sale(2,508)(39,272)(3,737)(2,203)(6,551)(1,942)(190)234 (2,724)(51,763)(4,622)
Loss on extinguishment of debt17 40 19 22 38 504 289 805 1,706 119 3,304
Adjusted EBITDAR (updated definition)$(20,792)$(2,324)$(23,369)$(27,300)$(25,305)$(4,612)$(11,496)$(27,720)$(42,104)$(78,298)$(85,931)
(1)Consists of expenses associated with the Company’s global integration efforts, including charges for employee separation programs and third-party advisor costs.
(2)Consists of expenses incurred in connection with the execution of our fleet modernization strategy first announced in October 2024, which primarily includes expenses associated with transitioning the Embraer Phenom 300 series and Bombardier Challenger 300 series aircraft to our operations and pilot training programs aligned to our fleet modernization strategy, as well as certain cash and non-cash costs incurred associated with exiting legacy private jet models.
(3)Includes expenses related to the retirement of our legacy aircraft as part of our fleet transition and efficiency and cost reduction initiatives.
(4)Includes charges for contract termination fees and employee separation programs as part of our cost reduction and strategic business initiatives.
(5)Consists of expenses associated with establishing our Member Operations Center located in the Atlanta, Georgia area and its operations, primarily including redundant operating expenses during the transition per
Aug 4, 2026 · 100% conf.
1D
+2.16%
$5.87
Act: -0.35%
5D
+13.73%
$6.54
Act: -6.78%
20D
+30.27%
$7.49
Transcript text not available. View on SEC.gov →
May 11, 2026
This page provides Wheels Up Experience Inc. (UP) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on UP's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.