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Side-by-side financial comparison of Wheels Up Experience Inc. (UP) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.
USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($226.2M vs $183.8M, roughly 1.2× Wheels Up Experience Inc.). USANA HEALTH SCIENCES INC runs the higher net margin — 0.1% vs -15.7%, a 15.8% gap on every dollar of revenue. On growth, USANA HEALTH SCIENCES INC posted the faster year-over-year revenue change (-10.0% vs -10.2%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (3.1% CAGR vs -3.4%).
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.
Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.
UP vs USNA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.8M | $226.2M |
| Net Profit | $-28.9M | $180.0K |
| Gross Margin | 14.3% | 78.2% |
| Operating Margin | -0.9% | 1.7% |
| Net Margin | -15.7% | 0.1% |
| Revenue YoY | -10.2% | -10.0% |
| Net Profit YoY | 67.0% | -74.0% |
| EPS (diluted) | $-0.04 | $-0.10 |
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 | $183.8M | $226.2M | ||
| Q3 25 | $185.5M | $213.7M | ||
| Q2 25 | $189.6M | $235.8M | ||
| Q1 25 | $177.5M | $249.5M | ||
| Q4 24 | $204.8M | $213.6M | ||
| Q3 24 | $193.9M | $200.2M | ||
| Q2 24 | $196.3M | $212.9M | ||
| Q1 24 | $197.1M | — |
| Q4 25 | $-28.9M | $180.0K | ||
| Q3 25 | $-83.7M | $-6.5M | ||
| Q2 25 | $-82.3M | $9.7M | ||
| Q1 25 | $-99.3M | $9.4M | ||
| Q4 24 | $-87.5M | $4.5M | ||
| Q3 24 | $-57.7M | $10.6M | ||
| Q2 24 | $-97.0M | $10.4M | ||
| Q1 24 | $-97.4M | — |
| Q4 25 | 14.3% | 78.2% | ||
| Q3 25 | 6.8% | 77.2% | ||
| Q2 25 | 8.3% | 78.7% | ||
| Q1 25 | 10.8% | 79.0% | ||
| Q4 24 | 13.9% | 82.0% | ||
| Q3 24 | 13.9% | 80.4% | ||
| Q2 24 | 2.3% | 81.1% | ||
| Q1 24 | -0.6% | — |
| Q4 25 | -0.9% | 1.7% | ||
| Q3 25 | -33.1% | 0.6% | ||
| Q2 25 | -31.4% | 7.1% | ||
| Q1 25 | -45.5% | 6.3% | ||
| Q4 24 | -26.0% | 3.8% | ||
| Q3 24 | -21.6% | 7.8% | ||
| Q2 24 | -40.3% | 8.4% | ||
| Q1 24 | -42.9% | — |
| Q4 25 | -15.7% | 0.1% | ||
| Q3 25 | -45.1% | -3.1% | ||
| Q2 25 | -43.4% | 4.1% | ||
| Q1 25 | -55.9% | 3.8% | ||
| Q4 24 | -42.7% | 2.1% | ||
| Q3 24 | -29.8% | 5.3% | ||
| Q2 24 | -49.4% | 4.9% | ||
| Q1 24 | -49.4% | — |
| Q4 25 | $-0.04 | $-0.10 | ||
| Q3 25 | $-0.12 | $-0.36 | ||
| Q2 25 | $-0.12 | $0.52 | ||
| Q1 25 | $-0.14 | $0.49 | ||
| Q4 24 | $-0.13 | $0.23 | ||
| Q3 24 | $-0.08 | $0.56 | ||
| Q2 24 | $-0.14 | $0.54 | ||
| Q1 24 | $-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 | $133.9M | $158.4M |
| Total DebtLower is stronger | $671.3M | — |
| Stockholders' EquityBook value | $-392.1M | — |
| Total Assets | $968.8M | $742.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $133.9M | $158.4M | ||
| Q3 25 | $125.3M | $145.3M | ||
| Q2 25 | $107.0M | $151.3M | ||
| Q1 25 | $171.8M | $179.6M | ||
| Q4 24 | $216.4M | $181.8M | ||
| Q3 24 | $115.9M | $364.9M | ||
| Q2 24 | $141.5M | $332.4M | ||
| Q1 24 | $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 | $-392.1M | — | ||
| Q3 25 | $-374.5M | $528.1M | ||
| Q2 25 | $-347.8M | $531.1M | ||
| Q1 25 | $-288.1M | $529.8M | ||
| Q4 24 | $-202.1M | $532.1M | ||
| Q3 24 | $-117.7M | $533.1M | ||
| Q2 24 | $-72.2M | $512.2M | ||
| Q1 24 | $936.0K | — |
| Q4 25 | $968.8M | $742.9M | ||
| Q3 25 | $973.0M | $726.6M | ||
| Q2 25 | $1.0B | $734.5M | ||
| Q1 25 | $1.1B | $746.6M | ||
| Q4 24 | $1.2B | $748.2M | ||
| Q3 24 | $1.0B | $671.3M | ||
| Q2 24 | $1.1B | $631.4M | ||
| Q1 24 | $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 | $-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.
| Q4 25 | $-18.4M | — | ||
| Q3 25 | $-37.1M | $-2.0M | ||
| Q2 25 | $-62.9M | $12.2M | ||
| Q1 25 | $-47.9M | $15.5M | ||
| Q4 24 | $37.9M | $5.8M | ||
| Q3 24 | $-16.9M | $29.5M | ||
| Q2 24 | $-25.2M | $8.0M | ||
| Q1 24 | $-73.8M | — |
| Q4 25 | $-58.3M | — | ||
| Q3 25 | $-60.4M | $-5.2M | ||
| Q2 25 | $-78.6M | $7.2M | ||
| Q1 25 | $-62.6M | $12.7M | ||
| Q4 24 | $-70.2M | $4.0M | ||
| Q3 24 | $-21.9M | $27.1M | ||
| Q2 24 | $-30.8M | $5.3M | ||
| Q1 24 | $-77.8M | — |
| Q4 25 | -31.7% | — | ||
| Q3 25 | -32.6% | -2.4% | ||
| Q2 25 | -41.5% | 3.0% | ||
| Q1 25 | -35.3% | 5.1% | ||
| Q4 24 | -34.3% | 1.9% | ||
| Q3 24 | -11.3% | 13.6% | ||
| Q2 24 | -15.7% | 2.5% | ||
| Q1 24 | -39.5% | — |
| Q4 25 | 21.7% | — | ||
| Q3 25 | 12.5% | 1.5% | ||
| Q2 25 | 8.3% | 2.1% | ||
| Q1 25 | 8.3% | 1.1% | ||
| Q4 24 | 52.8% | 0.8% | ||
| Q3 24 | 2.6% | 1.2% | ||
| Q2 24 | 2.9% | 1.3% | ||
| Q1 24 | 2.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.27× | ||
| Q1 25 | — | 1.65× | ||
| Q4 24 | — | 1.29× | ||
| Q3 24 | — | 2.78× | ||
| Q2 24 | — | 0.77× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
