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

Upstream Bio's quarterly Consolidated Net Income came in at -$40.6 million in Q1 2026, down 48.74% year-on-year from -$79.1 million in Q1 2025, and up 4.59% quarter-over-quarter from -$42.5 million in Q4 2025.

Upstream Bio has reported Consolidated Net Income for 4 years, with the latest figure at -$40.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Consolidated Net Income fell 48.74% year-over-year to -$40.6 million; the trailing twelve-month figure through Mar 2026 stood at -$156.7 million (down 97.97% YoY), and the FY2025 full-year result was -$143.4 million, down 118.5% from the prior year.
  • Consolidated Net Income for Q1 2026 stood at -$40.6 million, up from -$42.5 million in the prior quarter.
  • The five-year high for Consolidated Net Income was -$7.9 million in Q3 2023, with the low at -$42.5 million in Q4 2025.
  • Average Consolidated Net Income over 4 years is -$24.6 million, with a median of -$21.2 million recorded in 2024.
  • Year-over-year, Consolidated Net Income sank 172.22% in 2025 and sank 48.74% in 2026.
  • Tracing UPB's Consolidated Net Income over 4 years: stood at -$12.8 million in 2023, then slumped by 65.81% to -$21.2 million in 2024, then slumped by 100.14% to -$42.5 million in 2025, then increased 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 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - -2.99 Mn
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - -
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn -8.40 Mn
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - -14.46 Mn
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 1.03 Bn
7 Evaxion A 64.16 Bn 64.14 Bn - -3.40 Mn
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 727.20 Mn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 205.99 Mn
10 Upstream Bio 454.22 Mn 454.22 Mn -3.94 Mn -40.56 Mn

Historic Data

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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