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UPB · NASDAQ · Biotechnology

Upstream Bio (UPB)

Developing verekitug, a TSLP-receptor antibody for severe respiratory diseases.

$5.05

vs last close−0.45 (−8.11%)

In millions of USD, except per-share figures

In millions	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	0	1	1	1	1	1	1	1	1	1	1
Cost of revenue	0	0	0	0	0	0	0	0	0	0	0
Gross profit	0	1	1	1	1	1	1	1	1	1	1
	15	16	18	20	27	33	45	39	47	45	43
Research & development	12	12	14	15	22	26	38	33	40	37	36
	3	4	4	4	5	7	7	6	7	8	7
General & administrative	3	4	4	4	5	7	7	6	7	8	7
Other expenses	0	0	0	0	0	0	0	0	0	0	0
Operating income	−14	−15	−18	−19	−26	−32	−44	−38	−46	−44	−42
	2	4	3	3	5	5	4	4	4	3	3
Interest income	2	1	3	3	5	5	4	4	4	3	3
Other non-operating income	−2	−4	−3	−3	−5	−5	−4	−4	−4	−3	−3
Income before tax	−12	−11	−15	−16	−21	−27	−40	−34	−42	−41	−40
Net income from continuing operations	−12	−11	−15	−16	−21	−27	−40	−34	−42	−41	−40
Net income	−12	−11	−15	−16	−21	−27	−40	−34	−42	−41	−40
EPS, basic	−$0.41	−$0.27	−$0.38	−$0.41	−$0.41	−$0.51	−$0.74	−$0.63	−$0.79	−$0.75	−$0.73
EPS, diluted	−$0.41	−$0.27	−$0.38	−$0.41	−$0.41	−$0.51	−$0.74	−$0.63	−$0.79	−$0.75	−$0.73
Weighted average shares, basic	36	51	51	51	51	54	54	54	54	54	55
Weighted average shares, diluted	36	51	51	51	51	54	54	54	54	54	55
EBITDA	−12	−11	−15	−16	−21	−27	−40	−34	−42	−41	−40
Depreciation & amortization	0	0	0	0	0	0	0	0	0	0	0
EBIT	−12	−11	−15	−16	−21	−27	−40	−34	−42	−41	−40