vs
Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.
Wheels Up Experience Inc. is the larger business by last-quarter revenue ($183.8M vs $112.4M, roughly 1.6× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -15.7%, a 49.1% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -10.2%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -3.4%).
Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.
Wheels Up is a provider of "on demand" private aviation in the United States and one of the largest private aviation companies in the world. It was founded in 2013 by Kenny Dichter, using a membership/on-demand business model. Wheels Up members can book private aircraft from the company fleet and third-party operators using a mobile application.
BY vs UP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.4M | $183.8M |
| Net Profit | $37.6M | $-28.9M |
| Gross Margin | — | 14.3% |
| Operating Margin | — | -0.9% |
| Net Margin | 33.4% | -15.7% |
| Revenue YoY | 9.0% | -10.2% |
| Net Profit YoY | 33.0% | 67.0% |
| EPS (diluted) | $0.83 | $-0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $112.4M | — | ||
| Q4 25 | $117.0M | $183.8M | ||
| Q3 25 | $115.7M | $185.5M | ||
| Q2 25 | $110.5M | $189.6M | ||
| Q1 25 | $103.1M | $177.5M | ||
| Q4 24 | $104.7M | $204.8M | ||
| Q3 24 | $101.8M | $193.9M | ||
| Q2 24 | $99.4M | $196.3M |
| Q1 26 | $37.6M | — | ||
| Q4 25 | $34.5M | $-28.9M | ||
| Q3 25 | $37.2M | $-83.7M | ||
| Q2 25 | $30.1M | $-82.3M | ||
| Q1 25 | $28.2M | $-99.3M | ||
| Q4 24 | $30.3M | $-87.5M | ||
| Q3 24 | $30.3M | $-57.7M | ||
| Q2 24 | $29.7M | $-97.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | — | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | 40.1% | -0.9% | ||
| Q3 25 | 43.1% | -33.1% | ||
| Q2 25 | 35.2% | -31.4% | ||
| Q1 25 | 36.4% | -45.5% | ||
| Q4 24 | 38.6% | -26.0% | ||
| Q3 24 | 39.3% | -21.6% | ||
| Q2 24 | 40.4% | -40.3% |
| Q1 26 | 33.4% | — | ||
| Q4 25 | 34.1% | -15.7% | ||
| Q3 25 | 32.1% | -45.1% | ||
| Q2 25 | 27.2% | -43.4% | ||
| Q1 25 | 27.4% | -55.9% | ||
| Q4 24 | 34.3% | -42.7% | ||
| Q3 24 | 29.8% | -29.8% | ||
| Q2 24 | 29.9% | -49.4% |
| Q1 26 | $0.83 | — | ||
| Q4 25 | $0.77 | $-0.04 | ||
| Q3 25 | $0.82 | $-0.12 | ||
| Q2 25 | $0.66 | $-0.12 | ||
| Q1 25 | $0.64 | $-0.14 | ||
| Q4 24 | $0.68 | $-0.13 | ||
| Q3 24 | $0.69 | $-0.08 | ||
| Q2 24 | $0.68 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $198.4M | $133.9M |
| Total DebtLower is stronger | — | $671.3M |
| Stockholders' EquityBook value | $1.3B | $-392.1M |
| Total Assets | $9.9B | $968.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $198.4M | — | ||
| Q4 25 | $149.1M | $133.9M | ||
| Q3 25 | $259.0M | $125.3M | ||
| Q2 25 | $218.3M | $107.0M | ||
| Q1 25 | $421.3M | $171.8M | ||
| Q4 24 | $563.1M | $216.4M | ||
| Q3 24 | $452.6M | $115.9M | ||
| Q2 24 | $730.5M | $141.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $671.3M | ||
| Q3 25 | — | $766.5M | ||
| Q2 25 | — | $770.5M | ||
| Q1 25 | — | $765.8M | ||
| Q4 24 | — | $761.3M | ||
| Q3 24 | — | $596.9M | ||
| Q2 24 | — | $597.4M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $-392.1M | ||
| Q3 25 | $1.2B | $-374.5M | ||
| Q2 25 | $1.2B | $-347.8M | ||
| Q1 25 | $1.1B | $-288.1M | ||
| Q4 24 | $1.1B | $-202.1M | ||
| Q3 24 | $1.1B | $-117.7M | ||
| Q2 24 | $1.0B | $-72.2M |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $9.7B | $968.8M | ||
| Q3 25 | $9.8B | $973.0M | ||
| Q2 25 | $9.7B | $1.0B | ||
| Q1 25 | $9.6B | $1.1B | ||
| Q4 24 | $9.5B | $1.2B | ||
| Q3 24 | $9.4B | $1.0B | ||
| Q2 24 | $9.6B | $1.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-18.4M |
| Free Cash FlowOCF − Capex | — | $-58.3M |
| FCF MarginFCF / Revenue | — | -31.7% |
| Capex IntensityCapex / Revenue | — | 21.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-259.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.3M | $-18.4M | ||
| Q3 25 | $38.3M | $-37.1M | ||
| Q2 25 | $16.3M | $-62.9M | ||
| Q1 25 | $27.1M | $-47.9M | ||
| Q4 24 | $175.2M | $37.9M | ||
| Q3 24 | $19.8M | $-16.9M | ||
| Q2 24 | $40.1M | $-25.2M |
| Q1 26 | — | — | ||
| Q4 25 | $136.3M | $-58.3M | ||
| Q3 25 | $38.0M | $-60.4M | ||
| Q2 25 | $15.2M | $-78.6M | ||
| Q1 25 | $25.0M | $-62.6M | ||
| Q4 24 | $171.2M | $-70.2M | ||
| Q3 24 | $19.1M | $-21.9M | ||
| Q2 24 | $39.4M | $-30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 116.5% | -31.7% | ||
| Q3 25 | 32.8% | -32.6% | ||
| Q2 25 | 13.7% | -41.5% | ||
| Q1 25 | 24.3% | -35.3% | ||
| Q4 24 | 163.5% | -34.3% | ||
| Q3 24 | 18.8% | -11.3% | ||
| Q2 24 | 39.7% | -15.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 21.7% | ||
| Q3 25 | 0.3% | 12.5% | ||
| Q2 25 | 1.0% | 8.3% | ||
| Q1 25 | 2.0% | 8.3% | ||
| Q4 24 | 3.8% | 52.8% | ||
| Q3 24 | 0.6% | 2.6% | ||
| Q2 24 | 0.7% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.06× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 5.78× | — | ||
| Q3 24 | 0.65× | — | ||
| Q2 24 | 1.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
