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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›UPB

UPB

Upstream Bio, Inc.

Next earnings Aug 4, 2026 · consensus $-0.77 EPS, $435K rev

Last earnings +4.6% on 2026-05-13

Hold
$6.75
▲ +6.13%
$6.75▼ -38.24%
over 1Y
L $5.92EODHDH $32.60
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+6.1%
1W+6.1%
1M-18.3%
3M-22.1%
YTD-75.1%
1Y-38.2%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
F
Valuation
Fair value
Filings
Clean
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 12 analysts
Buy

Revenue grew 20.4% YoY; but unprofitable (net margin -5026.0%).

Revenue (FY2025) $2.85M · FY2025

Upstream Bio, Inc. shows $2.85M in FY2025 revenue (+20.4% YoY), a -5026.0% net margin, and -42.2% ROE.

Financials · annual, by fiscal year

Line itemFY23FY24FY25
Revenue$2.38M$2.37M$2.85M
Gross profit———
Operating income-$40.1M-$77.8M-$160M
Net income-$20.5M-$62.8M-$143M
Diluted EPS-$12.95-$5.58-$2.66
Net margin-862.9%-2650.0%-5026.0%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$266M
EV / EBITDA—
EV / Sales93.1
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-39.0%
FCF yield-36.3%

Quality & risk

ROIC (est.)-37.3%
Free cash flow-$133M
Total debt—
Net cash$102M
Altman Z-Score14.08 safe
Piotroski F-Score2/7

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+1.5%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Routine disclosure cadence — no material red flags in recent filings.
  1. 8-K Shareholder vote2026-06-10
  2. 8-K Earnings results2026-05-13
  3. 10-Q Quarterly report2026-05-13
  4. DEF 14A Proxy statement2026-04-16
  5. 8-K Material agreement2026-03-26
  6. 8-K Earnings results2026-03-26
  7. 10-K Annual report2026-03-26
  8. 8-K Earnings results2026-02-11
  9. 8-K Reg FD disclosure2026-02-11

Recent filings

all on EDGAR ↗
4Period ending 2026-06-162026-06-17open ↗4Period ending 2026-06-162026-06-17open ↗4Period ending 2026-06-162026-06-17open ↗4Period ending 2026-06-162026-06-17open ↗4Period ending 2026-06-162026-06-17open ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-11open ↗8-KPeriod ending 2026-06-092026-06-10open ↗

Quality score

F
ValueGrowthProfitHealthMom.
ValueF
GrowthC-
ProfitabilityF
Financial healthB-
Momentum—
  • ✓Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
Revenue
$2.85M
+20.4% YoY
Net margin
-5026.0%
ROE
-42.2%
P/E
—

SEC fundamentals · FY 2025

'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$2.85M+20.4%
Net income-$143M-128.4%
Operating income-$160M-106.2%
Diluted EPS-$2.66+52.3%
Cash & equivalents$102M-68.8%
Total assets$354M-26.6%
Total liabilities$14.0M+18.0%
Stockholders' equity$340M-27.7%
Op.: -5618.8%L/E: 0.04x

Frequently asked

Is Upstream Bio, Inc. (UPB) a buy?
UPB currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Revenue grew 20.4% YoY; but unprofitable (net margin -5026.0%).
What is Upstream Bio, Inc.'s quality score?
UPB scores 39.23529411764706/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0002022626, latest 10-Q filed 2026-05-13) · EODHD · as of 6/26/2026, 4:54:35 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 5 sales

2026-06-16
GRAY MICHAEL
CFO and COO
Sell853.00 @ $6.10$5.20K
2026-06-16
Sutherland Everett Rand
Chief Executive Officer
Sell2.10K @ $6.10$12.8K
2026-06-16
Houghton Adam
Chief Business Officer
Sell700.00 @ $6.10$4.27K
2026-06-16
Deykin Aaron
Chief Medical Officer
Sell895.00 @ $6.10$5.46K
2026-06-16
Ambrose Allison
General Counsel
Sell477.00 @ $6.10$2.91K

Earnings history

beat/miss · move
2026-05-13Beat +4.0% est▲ +4.58%8-K ↗
2026-03-26Miss -11.2% est▲ +3.38%8-K ↗
2026-02-11Miss -11.2% est▼ -47.18%8-K ↗
2025-11-05Beat +20.2% est▼ -4.27%8-K ↗
2025-08-06Miss -19.6% est▲ +7.87%8-K ↗
2025-05-06—▼ -5.41%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Is Upstream Bio, Inc. (UPB) a Rising Biotech Opportunity After New Analyst Coverage?Bullish
finance.yahoo.com· 2026-06-25
Is Upstream Bio, Inc. (UPB) the Best Low Priced Stocks to Get Rich in 2026?Bullish
finance.yahoo.com· 2026-06-23
Upstream Bio Presents Clinically Meaningful Improvements In Phase 2 VIBRANT Trial On VerekitugBullish
nasdaq.com· 2026-06-15
Upstream Bio Presents New Responder Analyses Demonstrating Clinically Meaningful Improvements in CRSwNP in Significant Majority of Participants Treated with Verekitug in the Phase 2 VIBRANT Trial at EAACI 2026Bullish
globenewswire.com· 2026-06-14
Upstream Bio, Inc. reports Q1 results
seekingalpha.com· 2026-05-13
Alnylam Pharmaceuticals (ALNY) Tops Q1 Earnings and Revenue EstimatesBullish
finance.yahoo.com· 2026-04-30

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score39 vs 67
Revenue growth20.4% vs 7.1%
Net margin-5026.0% vs 10.5%
Return on equity-42.2% vs 12.3%
P/E— vs 25.5

News sentiment

EODHD · 6d
Neutral
-0.00
vs typical · 6 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.