Upstream Bio (UPB) FCF Margin (2023 - 2026)

Upstream Bio's (UPB) quarterly FCF Margin came in at 4627.85% in Q1 2026, up 264512.0% year-on-year from N/an in Q1 2025, and down 0.56% quarter-over-quarter from 4601.95% in Q4 2025.

Upstream Bio (UPB) FCF Margin (2023 - 2026) Analysis & Trends

Upstream Bio's FCF Margin history runs 4 years deep, the most recent figure standing at 4627.85% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 264512.0% year-over-year to 4627.85% in Q1 2026; TTM through Mar 2026 was 4216.74%, a 59509.0% decrease from a year earlier, with the FY2025 full-year figure at 4675.54%, down 215727.0% from the prior year.
  • FCF Margin fell to 4627.85% in Q1 2026 per UPB's latest filing, from 4601.95% in the prior quarter.
  • Across five years, FCF Margin topped out at 1575.69% in Q2 2024 and bottomed at 7272.97% in Q1 2025.
  • The 4-year median for FCF Margin is 3420.51% (2023), against an average of 3740.88%.
  • Across the five-year window, FCF Margin slumped 452891 bps in 2025 and soared 264512 bps in 2026, its largest moves.
  • Year by year, FCF Margin stood at 3580.0% in 2023, then rose by 9 bps to 3261.01% in 2024, then sank by 41 bps to 4601.95% in 2025, then declined by 1 bps to 4627.85% in 2026.
  • Per Business Quant, the three latest UPB FCF Margin figures stand at 4627.85% (Q1 2026), 4601.95% (Q4 2025), and 3257.39% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (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 10.45%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 43.35%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 23.53%
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 -4,627.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4,627.85%
Dec 31, 2025 -4,601.95%
Sep 30, 2025 -3,257.39%
Jun 30, 2025 -4,187.73%
Mar 31, 2025 -7,272.97%
Dec 31, 2024 -3,261.01%
Sep 30, 2024 -2,300.16%
Jun 30, 2024 -1,575.69%
Mar 31, 2024 -2,744.06%
Dec 31, 2023 -3,580.00%