Upstream Bio (UPB) Gross Margin (2024 - 2026)
Upstream Bio (UPB) posted quarterly Gross Margin of 380.95% for Q1 2026, down 10480.0% year-over-year from N/an in Q1 2025, and up 66.84% quarter-over-quarter from 1148.8% in Q4 2025.
Analysis
Upstream Bio (UPB) Gross Margin (2024 - 2026) Analysis & Trends
Upstream Bio's Gross Margin history runs 3 years deep, the most recent figure standing at 380.95% for Q1 2026.
- In Q1 2026, Gross Margin fell 10480.0% year-over-year to 380.95%; the TTM figure through Mar 2026 stood at 678.36% (down 40884.0% YoY), while the FY2025 annual figure was 706.34%, down 52870.0% from the prior year.
- Gross Margin for Q1 2026 stood at 380.95%, up from 1148.8% in the prior quarter.
- The five-year high for Gross Margin was 45.16% in Q1 2024, with the low at 1148.8% in Q4 2025.
- The 3-year median for Gross Margin is 276.15% (2025), against an average of 420.78%.
- Peak annual rise in Gross Margin reached 1320 bps in 2025, while the deepest fall reached 79856 bps in 2025.
- Upstream Bio's Gross Margin stood at 350.24% in 2024, then sank by 228 bps to 1148.8% in 2025, then jumped by 67 bps to 380.95% in 2026.
- Business Quant data shows UPB's Gross Margin at 380.95% in Q1 2026, 1148.8% in Q4 2025, and 272.18% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 35.86% |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 89.76% |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 76.90% |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 84.20% |
| 10 | Upstream Bio | 327.95 Mn | 327.95 Mn | -3.29 Mn | -425.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -425.87% |
| Mar 31, 2026 | -380.95% |
| Dec 31, 2025 | -1,148.80% |
| Sep 30, 2025 | -272.18% |
| Jun 30, 2025 | -967.24% |
| Mar 31, 2025 | -276.15% |
| Dec 31, 2024 | -350.24% |
| Sep 30, 2024 | -258.98% |
| Jun 30, 2024 | -177.65% |
| Mar 31, 2024 | 45.16% |