The Tip Desk

Upstream Bio, Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22
Income Statement
Revenue$2.9$2.4$2.4—
Operating income-$160.4-$77.8-$40.1—
Net income-$143.4-$62.8-$20.5—
Cash Flow Statement
Free cash flow-$133.4-$59.7-$38.1—

Shares outstanding 54.4M · Free float 63.4%

Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.

Coverage