Upstream Bio (UPB) Profit After Tax (2023 - 2026)
Upstream Bio's (UPB) quarterly Profit After Tax came in at -$40.6 million in Q1 2026, down 48.68% year-on-year from -$79.1 million in Q1 2025, and up 4.36% quarter-over-quarter from -$42.4 million in Q4 2025.
Upstream Bio (UPB) Profit After Tax (2023 - 2026) Analysis & Trends
Upstream Bio's Profit After Tax history runs 4 years deep, the most recent figure standing at -$40.6 million for Q1 2026.
- On a quarterly basis, Profit After Tax fell 48.68% year-over-year to -$40.6 million in Q1 2026; TTM through Mar 2026 was -$156.7 million, a 97.99% decrease from a year earlier, with the FY2025 full-year figure at -$143.4 million, down 128.41% from the prior year.
- Profit After Tax climbed to -$40.6 million in Q1 2026 per UPB's latest filing, from -$42.4 million in the prior quarter.
- Across five years, Profit After Tax topped out at -$3.1 million in Q3 2023 and bottomed at -$42.4 million in Q4 2025.
- The 4-year median for Profit After Tax is -$21.2 million (2024), against an average of -$23.8 million.
- Across the five-year window, Profit After Tax sank 415.54% in 2024 and slumped 48.68% in 2026, its largest moves.
- Year by year, Profit After Tax stood at -$11.8 million in 2023, then slumped by 79.16% to -$21.2 million in 2024, then sank by 100.2% to -$42.4 million in 2025, then gained by 4.36% to -$40.6 million in 2026.
- Per Business Quant, the three latest UPB Profit After Tax figures stand at -$40.6 million (Q1 2026), -$42.4 million (Q4 2025), and -$33.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -36.84 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -14.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 227.36 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.03 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | -65.60 Mn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | -26.94 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 498.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -453.82 Mn |
| 10 | Upstream Bio | 343.65 Mn | 343.65 Mn | -3.94 Mn | -40.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -40.59 Mn |
| Dec 31, 2025 | -42.44 Mn |
| Sep 30, 2025 | -33.75 Mn |
| Jun 30, 2025 | -39.97 Mn |
| Mar 31, 2025 | -27.30 Mn |
| Dec 31, 2024 | -21.20 Mn |
| Sep 30, 2024 | -15.99 Mn |
| Jun 30, 2024 | -14.68 Mn |
| Mar 31, 2024 | -10.89 Mn |
| Dec 31, 2023 | -11.83 Mn |
| Sep 30, 2023 | -3.10 Mn |