Upstream Bio (UPB) Accumulated Expenses (2023 - 2026)

Upstream Bio's (UPB) quarterly Accumulated Expenses came in at $2.2 million in Q1 2026, up 153.14% year-on-year from $875000.0 in Q1 2025, and down 47.16% quarter-over-quarter from $4.2 million in Q4 2025.

Upstream Bio (UPB) Accumulated Expenses (2023 - 2026) Analysis & Trends

Upstream Bio's Accumulated Expenses history runs 4 years deep, the most recent figure standing at $2.2 million for Q1 2026.

  • On a quarterly basis, Accumulated Expenses rose 153.14% year-over-year to $2.2 million in Q1 2026; TTM through Mar 2026 was $2.2 million, a 153.14% increase from a year earlier, with the FY2025 full-year figure at $4.2 million, up 55.43% from the prior year.
  • Accumulated Expenses eased to $2.2 million in Q1 2026 per UPB's latest filing, from $4.2 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $4.2 million in Q4 2025 and bottomed at $875000.0 in Q1 2025.
  • The 4-year median for Accumulated Expenses is $2.2 million (2023), against an average of $2.4 million.
  • Across the five-year window, Accumulated Expenses grew 24.4% in 2024 and soared 153.14% in 2026, its largest moves.
  • Year by year, Accumulated Expenses stood at $2.2 million in 2023, then increased by 24.4% to $2.7 million in 2024, then jumped by 55.43% to $4.2 million in 2025, then tumbled by 47.16% to $2.2 million in 2026.
  • Per Business Quant, the three latest UPB Accumulated Expenses figures stand at $2.2 million (Q1 2026), $4.2 million (Q4 2025), and $3.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn
4 NuCana 279.75 Bn 279.75 Bn -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn
7 Belite Bio 62.51 Bn 62.51 Bn -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn -
10 Upstream Bio 347.73 Mn 347.73 Mn -3.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.22 Mn
Dec 31, 2025 4.19 Mn
Sep 30, 2025 3.04 Mn
Jun 30, 2025 1.91 Mn
Mar 31, 2025 875,000.00
Dec 31, 2024 2.70 Mn
Sep 30, 2024 2.00 Mn
Dec 31, 2023 2.17 Mn