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

Upstream Bio (UPB) recorded quarterly Operating Margin of 4218.09% in Q1 2026, up 38.97% quarter-over-quarter from 6911.23% in Q4 2025, and up 143792.0% on a YoY basis from N/an in Q1 2025.

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

Upstream Bio's Operating Margin history runs 4 years deep, the most recent figure standing at 4218.09% for Q1 2026.

  • In Q1 2026, Operating Margin rose 143792.0% year-over-year to 4218.09%; the TTM figure through Mar 2026 stood at 5176.49% (down 104914.0% YoY), while the FY2025 annual figure was 5618.82%, down 233763.0% from the prior year.
  • Operating Margin was 4218.09% for Q1 2026 at Upstream Bio, up from 6911.23% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 1511.43% in Q3 2023 to a low of 6911.23% in Q4 2025.
  • Historically, Operating Margin has averaged 4085.84% across 4 years, with a median of 4218.09% in 2026.
  • The sharpest annual moves came in 2025 and 2026: Operating Margin plunged 331023 bps in 2025, then soared 143792 bps in 2026.
  • A 4-year view of Operating Margin shows it stood at 3184.44% in 2023, then tumbled by 35 bps to 4293.31% in 2024, then tumbled by 61 bps to 6911.23% in 2025, then soared by 39 bps to 4218.09% in 2026.
  • The last three Operating Margin figures came in at 4218.09% (Q1 2026), 6911.23% (Q4 2025), and 5539.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -6.43%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 38.10%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Upstream Bio 339.03 Mn 339.03 Mn -3.94 Mn -4,218.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4,218.09%
Dec 31, 2025 -6,911.23%
Sep 30, 2025 -5,539.39%
Jun 30, 2025 -4,732.87%
Mar 31, 2025 -5,656.01%
Dec 31, 2024 -4,293.31%
Sep 30, 2024 -3,112.52%
Jun 30, 2024 -3,439.22%
Mar 31, 2024 -2,345.78%
Dec 31, 2023 -3,184.44%
Sep 30, 2023 -1,511.43%