NET LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share data):

	Year Ended December 31,
	2025		2024		2023
Numerator:
Net loss attributable to Wheels Up Experience Inc. - basic and diluted	$	(294,217)	$	(339,635)	$	(487,387)
Denominator:
Weighted-average shares of Common Stock outstanding - basic and diluted	705,991,790		697,713,626		132,194,747
Basic and diluted net loss per share of Common Stock	$	(0.42)	$	(0.49)	$	(3.69)

Schedule of Antidilutive Securities

The following securities were not included in the computation of diluted shares outstanding for periods during which we incurred a net loss, because the effect would be anti-dilutive, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:

	Year Ended December 31,
	2025	2024	2023
Warrants(1)	1,252,149	1,252,149	1,252,149
Earnout Shares	900,000	900,000	900,000
RSUs and PSUs	17,938,733	10,520,766	2,115,286
Stock options	860,427	902,459	1,205,754
Total anti-dilutive securities(2)	20,951,309	13,575,374	5,473,189

__________

(1)     Each Warrant entitles the holder to purchase 1/10th of one share of Common Stock at an exercise price of $115.00 per whole share of Common Stock.

(2)    Excludes shares issuable under the Executive Performance Plans, as the number of shares issuable under each Executive Performance Plan is not readily determinable until the first Determination Date after vesting and each successive Determination Date thereafter, if applicable.