Upstream Bio (UPB) Shares Outstanding (Diluted Average) (2023 - 2026)
Upstream Bio (UPB) recorded quarterly Shares Outstanding (Diluted Average) of $54.3 million in Q1 2026, up 0.89% quarter-over-quarter from $53.9 million in Q4 2025, and up 1.33% on a YoY basis from $53.6 million in Q1 2025.
Upstream Bio (UPB) Shares Outstanding (Diluted Average) (2023 - 2026) Analysis & Trends
Upstream Bio's Shares Outstanding (Diluted Average) history runs 4 years deep, the most recent figure standing at $54.3 million for Q1 2026.
- In Q1 2026, Shares Outstanding (Diluted Average) rose 1.33% year-over-year to $54.3 million; the TTM figure through Mar 2026 stood at $54.3 million (up 1.33% YoY), while the FY2025 annual figure was $53.9 million, up 293.59% from the prior year.
- Shares Outstanding (Diluted Average) was $54.3 million for Q1 2026 at Upstream Bio, up from $53.9 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $54.3 million in Q1 2026 to a low of $2.9 million in Q3 2023.
- Historically, Shares Outstanding (Diluted Average) has averaged $27.1 million across 4 years, with a median of $13.7 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Shares Outstanding (Diluted Average) jumped 1689.88% in 2025, then advanced 1.33% in 2026.
- A 4-year view of Shares Outstanding (Diluted Average) shows it stood at $3.0 million in 2023, then surged by 363.22% to $13.7 million in 2024, then jumped by 293.59% to $53.9 million in 2025, then climbed by 0.89% to $54.3 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $54.3 million (Q1 2026), $53.9 million (Q4 2025), and $53.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (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 | - | 4,489.46 Bn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 810.00 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 118.76 Bn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 1.48 Bn |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 256.30 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 92.44 Mn |
| 10 | Upstream Bio | 339.03 Mn | 339.03 Mn | -3.94 Mn | 54.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.33 Mn |
| Dec 31, 2025 | 53.85 Mn |
| Sep 30, 2025 | 53.93 Mn |
| Jun 30, 2025 | 53.77 Mn |
| Mar 31, 2025 | 53.62 Mn |
| Dec 31, 2024 | 13.68 Mn |
| Sep 30, 2024 | 3.02 Mn |
| Jun 30, 2024 | 3.01 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 2.95 Mn |
| Sep 30, 2023 | 2.94 Mn |