Upstream Bio (UPB) FCF Margin (2023 - 2026)
Upstream Bio's FCF Margin came in at -4608.15% for Q2 2026, down 420.42 percentage points from -4187.73% a year earlier but up 19.70 percentage points from the prior quarter.
Upstream Bio (UPB) FCF Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Upstream Bio reported FCF Margin of -4321.15%, down 128.61 percentage points year-over-year; for FY2025, it came in at -4675.54%, down 2157.27 percentage points from FY2024.
- Going back by year, FCF Margin was -2518.27% in FY2024 (-918.69 pp) and -1599.58% in FY2023.
- The five-year range for quarterly FCF Margin is -7272.97% (Q1 2025) to -1575.69% (Q2 2024).
- Year-over-year, FCF Margin increased in two of the last seven quarters, with an average year-over-year change of -985.04 percentage points.
- Business Quant data shows UPB's FCF Margin at -4627.85% (Q1 2026), -4593.56% (Q4 2025) and -3265.59% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 33.69% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 25.03% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 41.97% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 30.51% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 52.85% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 35.25% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 57.81% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 28.96% |
| 10 | Upstream Bio | 185.26 Mn | -919.50 Mn | - | -13,729.11% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -13,729.11% |
| Jun 30, 2026 | -4,608.15% |
| Mar 31, 2026 | -4,627.85% |
| Dec 31, 2025 | -4,593.56% |
| Sep 30, 2025 | -3,265.59% |
| Jun 30, 2025 | -4,187.73% |
| Mar 31, 2025 | -7,272.97% |
| Dec 31, 2024 | -3,229.53% |
| Sep 30, 2024 | -2,300.16% |
| Jun 30, 2024 | -1,575.69% |
| Mar 31, 2024 | -2,744.06% |
| Dec 31, 2023 | -3,580.00% |
Upstream Bio FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=UPB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "UPB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=UPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();