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How Upstream Bio (UPB) makes money

Upstream Bio (UPB) made $773K of revenue in the second quarter 2026 (Q2 2026), -18% from a year earlier.

Drawing the Sankey…

Upstream Bio revenue by quarterUpstream Bio revenue by quarter$613KQ4 2024$566KQ1 2025$937KQ2 2025$683KQ3 2025$668KQ4 2025$1.0MQ1 2026$773KQ2 2026

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$773K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$773K-18%
Q1 2026$1.0M+83%
Q4 2025$668K+9%
Q3 2025$683K+12%
Q2 2025$937K+84%
Q1 2025$566K-12%
Q4 2024$613K+36%

From Upstream Bio's 10-Q filed Aug 11, 2026 (on EDGAR).

Questions

How does Upstream Bio make money?

Upstream Bio (UPB) made $773K of revenue in the second quarter 2026 (Q2 2026), -18% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.