Wheels Up amends Adjusted EBITDA, EBITDAR reconciliations under updated definition in 8-K/A
UP•Wheels Up amended its Q2 2026 earnings materials to update Adjusted EBITDA and Adjusted EBITDAR reconciliations. Under the revised definition, the figures for the three months ended March 31, 2026, were negative $30.55 million and negative $20.79 million, respectively.
1. Updated reconciliations
Wheels Up amended its Q2 2026 earnings materials to reflect an updated definition of Adjusted EBITDA and Adjusted EBITDAR. The definition adds gains or losses on sales of aircraft held for sale and losses on extinguishment of debt. Under the updated definition, Adjusted EBITDA was negative $30.55 million and Adjusted EBITDAR was negative $20.79 million for the three months ended March 31, 2026.
