Upstream Bio (UPB) Consolidated Net Income (2023 - 2026)

Upstream Bio (UPB) recorded quarterly Consolidated Net Income of -$40.6 million in Q1 2026, up 4.59% quarter-over-quarter from -$42.5 million in Q4 2025, and down 48.74% on a YoY basis from -$79.1 million in Q1 2025.

Upstream Bio (UPB) Consolidated Net Income (2023 - 2026) Analysis & Trends

Upstream Bio's Consolidated Net Income history runs 4 years deep, the most recent figure standing at -$40.6 million for Q1 2026.

  • In Q1 2026, Consolidated Net Income fell 48.74% year-over-year to -$40.6 million; the TTM figure through Mar 2026 stood at -$156.7 million (down 97.97% YoY), while the FY2025 annual figure was -$143.4 million, down 118.5% from the prior year.
  • Consolidated Net Income was -$40.6 million for Q1 2026 at Upstream Bio, up from -$42.5 million in the prior quarter.
  • In the past five years, Consolidated Net Income ranged from a high of -$7.9 million in Q3 2023 to a low of -$42.5 million in Q4 2025.
  • Historically, Consolidated Net Income has averaged -$24.6 million across 4 years, with a median of -$21.2 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Consolidated Net Income sank 172.22% in 2025, then sank 48.74% in 2026.
  • A 4-year view of Consolidated Net Income shows it stood at -$12.8 million in 2023, then tumbled by 65.81% to -$21.2 million in 2024, then tumbled by 100.14% to -$42.5 million in 2025, then grew by 4.59% to -$40.6 million in 2026.
  • The last three Consolidated Net Income figures came in at -$40.6 million (Q1 2026), -$42.5 million (Q4 2025), and -$33.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.80 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.40 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.96 Bn 91.96 Bn - -56.48 Mn
10 Upstream Bio 339.03 Mn 339.03 Mn -3.94 Mn -40.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -40.56 Mn
Dec 31, 2025 -42.51 Mn
Sep 30, 2025 -33.73 Mn
Jun 30, 2025 -39.92 Mn
Mar 31, 2025 -27.27 Mn
Dec 31, 2024 -21.24 Mn
Sep 30, 2024 -15.99 Mn
Jun 30, 2024 -14.66 Mn
Mar 31, 2024 -13.75 Mn
Dec 31, 2023 -12.81 Mn
Sep 30, 2023 -7.86 Mn