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Side-by-side financial comparison of Urban Edge Properties (UE) 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 $132.6M, roughly 1.4× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 17.1% vs -15.7%, a 32.8% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -10.2%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% CAGR vs -3.4%).
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
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.
UE vs UP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $132.6M | $183.8M |
| Net Profit | $22.6M | $-28.9M |
| Gross Margin | — | 14.3% |
| Operating Margin | — | -0.9% |
| Net Margin | 17.1% | -15.7% |
| Revenue YoY | 12.2% | -10.2% |
| Net Profit YoY | -6.7% | 67.0% |
| EPS (diluted) | $0.18 | $-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 | $132.6M | — | ||
| Q4 25 | $119.6M | $183.8M | ||
| Q3 25 | $120.1M | $185.5M | ||
| Q2 25 | $114.1M | $189.6M | ||
| Q1 25 | $118.2M | $177.5M | ||
| Q4 24 | $116.4M | $204.8M | ||
| Q3 24 | $112.4M | $193.9M | ||
| Q2 24 | $106.5M | $196.3M |
| Q1 26 | $22.6M | — | ||
| Q4 25 | $12.4M | $-28.9M | ||
| Q3 25 | $14.9M | $-83.7M | ||
| Q2 25 | $58.0M | $-82.3M | ||
| Q1 25 | $8.2M | $-99.3M | ||
| Q4 24 | $30.1M | $-87.5M | ||
| Q3 24 | $9.1M | $-57.7M | ||
| Q2 24 | $30.8M | $-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 | 11.3% | -0.9% | ||
| Q3 25 | 13.4% | -33.1% | ||
| Q2 25 | 53.9% | -31.4% | ||
| Q1 25 | 7.6% | -45.5% | ||
| Q4 24 | 27.6% | -26.0% | ||
| Q3 24 | 8.9% | -21.6% | ||
| Q2 24 | 30.6% | -40.3% |
| Q1 26 | 17.1% | — | ||
| Q4 25 | 10.4% | -15.7% | ||
| Q3 25 | 12.4% | -45.1% | ||
| Q2 25 | 50.8% | -43.4% | ||
| Q1 25 | 6.9% | -55.9% | ||
| Q4 24 | 25.9% | -42.7% | ||
| Q3 24 | 8.1% | -29.8% | ||
| Q2 24 | 28.9% | -49.4% |
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.09 | $-0.04 | ||
| Q3 25 | $0.12 | $-0.12 | ||
| Q2 25 | $0.46 | $-0.12 | ||
| Q1 25 | $0.07 | $-0.14 | ||
| Q4 24 | $0.25 | $-0.13 | ||
| Q3 24 | $0.07 | $-0.08 | ||
| Q2 24 | $0.26 | $-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 | $50.0M | $133.9M |
| Total DebtLower is stronger | — | $671.3M |
| Stockholders' EquityBook value | $1.4B | $-392.1M |
| Total Assets | $3.4B | $968.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $50.0M | — | ||
| Q4 25 | $48.9M | $133.9M | ||
| Q3 25 | $77.8M | $125.3M | ||
| Q2 25 | $53.0M | $107.0M | ||
| Q1 25 | $48.0M | $171.8M | ||
| Q4 24 | $41.4M | $216.4M | ||
| Q3 24 | $67.9M | $115.9M | ||
| Q2 24 | $78.6M | $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 | $1.4B | — | ||
| Q4 25 | $1.4B | $-392.1M | ||
| Q3 25 | $1.4B | $-374.5M | ||
| Q2 25 | $1.4B | $-347.8M | ||
| Q1 25 | $1.4B | $-288.1M | ||
| Q4 24 | $1.4B | $-202.1M | ||
| Q3 24 | $1.3B | $-117.7M | ||
| Q2 24 | $1.3B | $-72.2M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.3B | $968.8M | ||
| Q3 25 | $3.3B | $973.0M | ||
| Q2 25 | $3.3B | $1.0B | ||
| Q1 25 | $3.3B | $1.1B | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $3.2B | $1.0B | ||
| Q2 24 | $3.2B | $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 | $39.1M | $-18.4M |
| Free Cash FlowOCF − Capex | — | $-58.3M |
| FCF MarginFCF / Revenue | — | -31.7% |
| Capex IntensityCapex / Revenue | 1.5% | 21.7% |
| Cash ConversionOCF / Net Profit | 1.73× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-259.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.1M | — | ||
| Q4 25 | $182.7M | $-18.4M | ||
| Q3 25 | $55.7M | $-37.1M | ||
| Q2 25 | $43.5M | $-62.9M | ||
| Q1 25 | $32.6M | $-47.9M | ||
| Q4 24 | $153.2M | $37.9M | ||
| Q3 24 | $36.6M | $-16.9M | ||
| Q2 24 | $41.2M | $-25.2M |
| Q1 26 | — | — | ||
| Q4 25 | $81.8M | $-58.3M | ||
| Q3 25 | $26.1M | $-60.4M | ||
| Q2 25 | $19.6M | $-78.6M | ||
| Q1 25 | $11.9M | $-62.6M | ||
| Q4 24 | $42.5M | $-70.2M | ||
| Q3 24 | $12.2M | $-21.9M | ||
| Q2 24 | $19.9M | $-30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 68.4% | -31.7% | ||
| Q3 25 | 21.7% | -32.6% | ||
| Q2 25 | 17.2% | -41.5% | ||
| Q1 25 | 10.0% | -35.3% | ||
| Q4 24 | 36.6% | -34.3% | ||
| Q3 24 | 10.8% | -11.3% | ||
| Q2 24 | 18.6% | -15.7% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 84.4% | 21.7% | ||
| Q3 25 | 24.6% | 12.5% | ||
| Q2 25 | 20.9% | 8.3% | ||
| Q1 25 | 17.5% | 8.3% | ||
| Q4 24 | 95.1% | 52.8% | ||
| Q3 24 | 21.7% | 2.6% | ||
| Q2 24 | 20.1% | 2.9% |
| Q1 26 | 1.73× | — | ||
| Q4 25 | 14.71× | — | ||
| Q3 25 | 3.73× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 3.97× | — | ||
| Q4 24 | 5.09× | — | ||
| Q3 24 | 4.03× | — | ||
| Q2 24 | 1.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
UP
Segment breakdown not available.
