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Side-by-side financial comparison of GLOBAL INDUSTRIAL Co (GIC) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.
GLOBAL INDUSTRIAL Co is the larger business by last-quarter revenue ($345.6M vs $183.8M, roughly 1.9× Wheels Up Experience Inc.). GLOBAL INDUSTRIAL Co runs the higher net margin — 4.2% vs -15.7%, a 19.9% gap on every dollar of revenue. On growth, GLOBAL INDUSTRIAL Co posted the faster year-over-year revenue change (14.3% vs -10.2%). GLOBAL INDUSTRIAL Co produced more free cash flow last quarter ($19.2M vs $-58.3M). Over the past eight quarters, GLOBAL INDUSTRIAL Co's revenue compounded faster (3.4% CAGR vs -3.4%).
Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
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.
GIC vs UP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $345.6M | $183.8M |
| Net Profit | $14.6M | $-28.9M |
| Gross Margin | 34.5% | 14.3% |
| Operating Margin | 5.7% | -0.9% |
| Net Margin | 4.2% | -15.7% |
| Revenue YoY | 14.3% | -10.2% |
| Net Profit YoY | 36.4% | 67.0% |
| EPS (diluted) | $0.37 | $-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 | $345.6M | $183.8M | ||
| Q3 25 | $353.6M | $185.5M | ||
| Q2 25 | $358.9M | $189.6M | ||
| Q1 25 | $321.0M | $177.5M | ||
| Q4 24 | $302.3M | $204.8M | ||
| Q3 24 | $342.4M | $193.9M | ||
| Q2 24 | $347.8M | $196.3M | ||
| Q1 24 | $323.4M | $197.1M |
| Q4 25 | $14.6M | $-28.9M | ||
| Q3 25 | $18.8M | $-83.7M | ||
| Q2 25 | $25.1M | $-82.3M | ||
| Q1 25 | $13.6M | $-99.3M | ||
| Q4 24 | $10.7M | $-87.5M | ||
| Q3 24 | $16.8M | $-57.7M | ||
| Q2 24 | $20.3M | $-97.0M | ||
| Q1 24 | $13.2M | $-97.4M |
| Q4 25 | 34.5% | 14.3% | ||
| Q3 25 | 35.6% | 6.8% | ||
| Q2 25 | 37.1% | 8.3% | ||
| Q1 25 | 34.9% | 10.8% | ||
| Q4 24 | 33.8% | 13.9% | ||
| Q3 24 | 34.0% | 13.9% | ||
| Q2 24 | 35.2% | 2.3% | ||
| Q1 24 | 34.3% | -0.6% |
| Q4 25 | 5.7% | -0.9% | ||
| Q3 25 | 7.4% | -33.1% | ||
| Q2 25 | 9.3% | -31.4% | ||
| Q1 25 | 5.7% | -45.5% | ||
| Q4 24 | 4.8% | -26.0% | ||
| Q3 24 | 6.5% | -21.6% | ||
| Q2 24 | 7.6% | -40.3% | ||
| Q1 24 | 5.4% | -42.9% |
| Q4 25 | 4.2% | -15.7% | ||
| Q3 25 | 5.3% | -45.1% | ||
| Q2 25 | 7.0% | -43.4% | ||
| Q1 25 | 4.2% | -55.9% | ||
| Q4 24 | 3.5% | -42.7% | ||
| Q3 24 | 4.9% | -29.8% | ||
| Q2 24 | 5.8% | -49.4% | ||
| Q1 24 | 4.1% | -49.4% |
| Q4 25 | $0.37 | $-0.04 | ||
| Q3 25 | $0.48 | $-0.12 | ||
| Q2 25 | $0.65 | $-0.12 | ||
| Q1 25 | $0.35 | $-0.14 | ||
| Q4 24 | $0.28 | $-0.13 | ||
| Q3 24 | $0.44 | $-0.08 | ||
| Q2 24 | $0.52 | $-0.14 | ||
| Q1 24 | $0.34 | $-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 | $67.5M | $133.9M |
| Total DebtLower is stronger | — | $671.3M |
| Stockholders' EquityBook value | $313.2M | $-392.1M |
| Total Assets | $580.8M | $968.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $67.5M | $133.9M | ||
| Q3 25 | $67.2M | $125.3M | ||
| Q2 25 | $55.1M | $107.0M | ||
| Q1 25 | $39.0M | $171.8M | ||
| Q4 24 | $44.6M | $216.4M | ||
| Q3 24 | $38.9M | $115.9M | ||
| Q2 24 | $38.8M | $141.5M | ||
| Q1 24 | $29.9M | $180.9M |
| 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 24 | — | $603.2M |
| Q4 25 | $313.2M | $-392.1M | ||
| Q3 25 | $316.0M | $-374.5M | ||
| Q2 25 | $305.2M | $-347.8M | ||
| Q1 25 | $287.9M | $-288.1M | ||
| Q4 24 | $281.1M | $-202.1M | ||
| Q3 24 | $279.2M | $-117.7M | ||
| Q2 24 | $270.4M | $-72.2M | ||
| Q1 24 | $260.2M | $936.0K |
| Q4 25 | $580.8M | $968.8M | ||
| Q3 25 | $602.5M | $973.0M | ||
| Q2 25 | $586.5M | $1.0B | ||
| Q1 25 | $536.7M | $1.1B | ||
| Q4 24 | $520.7M | $1.2B | ||
| Q3 24 | $531.6M | $1.0B | ||
| Q2 24 | $542.5M | $1.1B | ||
| Q1 24 | $517.4M | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 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 | $20.0M | $-18.4M |
| Free Cash FlowOCF − Capex | $19.2M | $-58.3M |
| FCF MarginFCF / Revenue | 5.6% | -31.7% |
| Capex IntensityCapex / Revenue | 0.2% | 21.7% |
| Cash ConversionOCF / Net Profit | 1.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | $74.7M | $-259.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.0M | $-18.4M | ||
| Q3 25 | $22.7M | $-37.1M | ||
| Q2 25 | $31.7M | $-62.9M | ||
| Q1 25 | $3.4M | $-47.9M | ||
| Q4 24 | $15.9M | $37.9M | ||
| Q3 24 | $9.6M | $-16.9M | ||
| Q2 24 | $18.8M | $-25.2M | ||
| Q1 24 | $6.4M | $-73.8M |
| Q4 25 | $19.2M | $-58.3M | ||
| Q3 25 | $22.0M | $-60.4M | ||
| Q2 25 | $30.3M | $-78.6M | ||
| Q1 25 | $3.2M | $-62.6M | ||
| Q4 24 | $15.2M | $-70.2M | ||
| Q3 24 | $8.7M | $-21.9M | ||
| Q2 24 | $17.9M | $-30.8M | ||
| Q1 24 | $5.1M | $-77.8M |
| Q4 25 | 5.6% | -31.7% | ||
| Q3 25 | 6.2% | -32.6% | ||
| Q2 25 | 8.4% | -41.5% | ||
| Q1 25 | 1.0% | -35.3% | ||
| Q4 24 | 5.0% | -34.3% | ||
| Q3 24 | 2.5% | -11.3% | ||
| Q2 24 | 5.1% | -15.7% | ||
| Q1 24 | 1.6% | -39.5% |
| Q4 25 | 0.2% | 21.7% | ||
| Q3 25 | 0.2% | 12.5% | ||
| Q2 25 | 0.4% | 8.3% | ||
| Q1 25 | 0.1% | 8.3% | ||
| Q4 24 | 0.2% | 52.8% | ||
| Q3 24 | 0.3% | 2.6% | ||
| Q2 24 | 0.3% | 2.9% | ||
| Q1 24 | 0.4% | 2.0% |
| Q4 25 | 1.37× | — | ||
| Q3 25 | 1.21× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 0.57× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 0.48× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
