Upstream Bio (UPB) Enterprise Value (2023 - 2026)
Upstream Bio (UPB) recorded quarterly Enterprise Value of -$294.6 million in Q1 2026, up 13.74% quarter-over-quarter from -$341.5 million in Q4 2025, and up 31.71% on a YoY basis from -$223.7 million in Q1 2025.
Upstream Bio (UPB) Enterprise Value (2023 - 2026) Analysis & Trends
Upstream Bio's Enterprise Value history runs 4 years deep, the most recent figure standing at -$294.6 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 31.71% year-over-year to -$294.6 million; the TTM figure through Mar 2026 stood at -$294.6 million (up 31.71% YoY), while the FY2025 annual figure was -$341.5 million, up 26.65% from the prior year.
- Enterprise Value was -$294.6 million for Q1 2026 at Upstream Bio, up from -$341.5 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$31.5 million in Q1 2024 to a low of -$465.6 million in Q4 2024.
- Historically, Enterprise Value has averaged -$250.5 million across 4 years, with a median of -$294.6 million in 2026.
- The sharpest annual moves came in 2025 and 2026: Enterprise Value slumped 1269.03% in 2025, then surged 31.71% in 2026.
- A 4-year view of Enterprise Value shows it stood at -$109.8 million in 2023, then plunged by 323.97% to -$465.6 million in 2024, then climbed by 26.65% to -$341.5 million in 2025, then rose by 13.74% to -$294.6 million in 2026.
- The last three Enterprise Value figures came in at -$294.6 million (Q1 2026), -$341.5 million (Q4 2025), and -$372.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | -32.30 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -4.14 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -286.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -18.44 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -2.77 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -7.20 Mn |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | -7.25 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -584.73 Mn |
| 10 | Upstream Bio | 339.03 Mn | 339.03 Mn | -3.94 Mn | -294.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -294.58 Mn |
| Dec 31, 2025 | -341.51 Mn |
| Sep 30, 2025 | -372.43 Mn |
| Jun 30, 2025 | -393.58 Mn |
| Mar 31, 2025 | -431.38 Mn |
| Dec 31, 2024 | -465.56 Mn |
| Sep 30, 2024 | -220.66 Mn |
| Jun 30, 2024 | -47.34 Mn |
| Mar 31, 2024 | -31.51 Mn |
| Dec 31, 2023 | -109.81 Mn |
| Sep 30, 2023 | -47.32 Mn |