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Side-by-side financial comparison of ESCO TECHNOLOGIES INC (ESE) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.
ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $183.8M, roughly 1.6× Wheels Up Experience Inc.). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs -15.7%, a 25.6% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs -10.2%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $-58.3M). Over the past eight quarters, ESCO TECHNOLOGIES INC's revenue compounded faster (7.8% CAGR vs -3.4%).
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
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.
ESE vs UP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $289.7M | $183.8M |
| Net Profit | $28.7M | $-28.9M |
| Gross Margin | 41.4% | 14.3% |
| Operating Margin | 13.2% | -0.9% |
| Net Margin | 9.9% | -15.7% |
| Revenue YoY | 17.3% | -10.2% |
| Net Profit YoY | 22.2% | 67.0% |
| EPS (diluted) | $1.11 | $-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.
| Q4 25 | $289.7M | $183.8M | ||
| Q3 25 | $286.5M | $185.5M | ||
| Q2 25 | $296.3M | $189.6M | ||
| Q1 25 | $265.5M | $177.5M | ||
| Q4 24 | $247.0M | $204.8M | ||
| Q3 24 | $298.5M | $193.9M | ||
| Q2 24 | $260.8M | $196.3M | ||
| Q1 24 | $249.1M | $197.1M |
| Q4 25 | $28.7M | $-28.9M | ||
| Q3 25 | $218.7M | $-83.7M | ||
| Q2 25 | $26.1M | $-82.3M | ||
| Q1 25 | $31.0M | $-99.3M | ||
| Q4 24 | $23.5M | $-87.5M | ||
| Q3 24 | $34.3M | $-57.7M | ||
| Q2 24 | $29.2M | $-97.0M | ||
| Q1 24 | $23.2M | $-97.4M |
| Q4 25 | 41.4% | 14.3% | ||
| Q3 25 | 45.9% | 6.8% | ||
| Q2 25 | 41.2% | 8.3% | ||
| Q1 25 | 41.1% | 10.8% | ||
| Q4 24 | 39.8% | 13.9% | ||
| Q3 24 | 40.1% | 13.9% | ||
| Q2 24 | 39.6% | 2.3% | ||
| Q1 24 | 38.8% | -0.6% |
| Q4 25 | 13.2% | -0.9% | ||
| Q3 25 | 17.2% | -33.1% | ||
| Q2 25 | 11.2% | -31.4% | ||
| Q1 25 | 15.3% | -45.5% | ||
| Q4 24 | 11.4% | -26.0% | ||
| Q3 24 | 14.8% | -21.6% | ||
| Q2 24 | 14.3% | -40.3% | ||
| Q1 24 | 11.7% | -42.9% |
| Q4 25 | 9.9% | -15.7% | ||
| Q3 25 | 76.3% | -45.1% | ||
| Q2 25 | 8.8% | -43.4% | ||
| Q1 25 | 11.7% | -55.9% | ||
| Q4 24 | 9.5% | -42.7% | ||
| Q3 24 | 11.5% | -29.8% | ||
| Q2 24 | 11.2% | -49.4% | ||
| Q1 24 | 9.3% | -49.4% |
| Q4 25 | $1.11 | $-0.04 | ||
| Q3 25 | $8.43 | $-0.12 | ||
| Q2 25 | $1.01 | $-0.12 | ||
| Q1 25 | $1.20 | $-0.14 | ||
| Q4 24 | $0.91 | $-0.13 | ||
| Q3 24 | $1.32 | $-0.08 | ||
| Q2 24 | $1.13 | $-0.14 | ||
| Q1 24 | $0.90 | $-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 | $103.8M | $133.9M |
| Total DebtLower is stronger | $145.5M | $671.3M |
| Stockholders' EquityBook value | $1.6B | $-392.1M |
| Total Assets | $2.4B | $968.8M |
| Debt / EquityLower = less leverage | 0.09× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.8M | $133.9M | ||
| Q3 25 | $101.3M | $125.3M | ||
| Q2 25 | $78.7M | $107.0M | ||
| Q1 25 | $57.4M | $171.8M | ||
| Q4 24 | $71.3M | $216.4M | ||
| Q3 24 | $66.0M | $115.9M | ||
| Q2 24 | $63.0M | $141.5M | ||
| Q1 24 | $59.4M | $180.9M |
| Q4 25 | $145.5M | $671.3M | ||
| Q3 25 | $186.0M | $766.5M | ||
| Q2 25 | $525.0M | $770.5M | ||
| Q1 25 | $88.0M | $765.8M | ||
| Q4 24 | $112.0M | $761.3M | ||
| Q3 24 | $122.0M | $596.9M | ||
| Q2 24 | $173.0M | $597.4M | ||
| Q1 24 | $191.0M | $603.2M |
| Q4 25 | $1.6B | $-392.1M | ||
| Q3 25 | $1.5B | $-374.5M | ||
| Q2 25 | $1.3B | $-347.8M | ||
| Q1 25 | $1.3B | $-288.1M | ||
| Q4 24 | $1.2B | $-202.1M | ||
| Q3 24 | $1.2B | $-117.7M | ||
| Q2 24 | $1.2B | $-72.2M | ||
| Q1 24 | $1.2B | $936.0K |
| Q4 25 | $2.4B | $968.8M | ||
| Q3 25 | $2.4B | $973.0M | ||
| Q2 25 | $2.5B | $1.0B | ||
| Q1 25 | $1.8B | $1.1B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.8B | $1.0B | ||
| Q2 24 | $1.8B | $1.1B | ||
| Q1 24 | $1.8B | $1.2B |
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.09× | — | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.16× | 644.43× |
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 | $68.9M | $-18.4M |
| Free Cash FlowOCF − Capex | $63.0M | $-58.3M |
| FCF MarginFCF / Revenue | 21.7% | -31.7% |
| Capex IntensityCapex / Revenue | 2.0% | 21.7% |
| Cash ConversionOCF / Net Profit | 2.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $239.6M | $-259.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.9M | $-18.4M | ||
| Q3 25 | $109.9M | $-37.1M | ||
| Q2 25 | $73.7M | $-62.9M | ||
| Q1 25 | $24.1M | $-47.9M | ||
| Q4 24 | $34.2M | $37.9M | ||
| Q3 24 | $72.1M | $-16.9M | ||
| Q2 24 | $36.2M | $-25.2M | ||
| Q1 24 | $10.5M | $-73.8M |
| Q4 25 | $63.0M | $-58.3M | ||
| Q3 25 | $97.8M | $-60.4M | ||
| Q2 25 | $64.9M | $-78.6M | ||
| Q1 25 | $14.0M | $-62.6M | ||
| Q4 24 | $29.0M | $-70.2M | ||
| Q3 24 | $60.9M | $-21.9M | ||
| Q2 24 | $27.6M | $-30.8M | ||
| Q1 24 | $2.0M | $-77.8M |
| Q4 25 | 21.7% | -31.7% | ||
| Q3 25 | 34.1% | -32.6% | ||
| Q2 25 | 21.9% | -41.5% | ||
| Q1 25 | 5.3% | -35.3% | ||
| Q4 24 | 11.7% | -34.3% | ||
| Q3 24 | 20.4% | -11.3% | ||
| Q2 24 | 10.6% | -15.7% | ||
| Q1 24 | 0.8% | -39.5% |
| Q4 25 | 2.0% | 21.7% | ||
| Q3 25 | 4.2% | 12.5% | ||
| Q2 25 | 3.0% | 8.3% | ||
| Q1 25 | 3.8% | 8.3% | ||
| Q4 24 | 2.1% | 52.8% | ||
| Q3 24 | 3.8% | 2.6% | ||
| Q2 24 | 3.3% | 2.9% | ||
| Q1 24 | 3.4% | 2.0% |
| Q4 25 | 2.40× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 2.83× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 1.46× | — | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 0.45× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
UP
Segment breakdown not available.
