Geron Corp (GERN) financials
Geron revenue and earnings by year
Geron's revenue was $184 million in the fiscal year to December 31, 2025, up 138.8% from the year before. Net income was -$83.5 million, -45.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 45.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 184 | 77 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 6 |
| Revenue growth | 138.8% | 32386.9% | -60.2% | -57.2% | 450.6% | -45.0% | -56.8% | 0.1% | -82.7% | — |
| Gross profit | 179 | 76 | — | — | — | — | — | — | — | — |
| Gross margin | 97.4% | 98.4% | — | — | — | — | — | — | — | — |
| Operating income | -69 | -174 | -194 | -139 | -114 | -77 | -73 | -30 | -29 | -31 |
| Operating margin | -37.3% | -225.6% | -81832.9% | -23246.6% | -8183.7% | -30400.4% | -15762.0% | -2778.0% | -2754.2% | -498.7% |
| Net income | -84 | -175 | -184 | -142 | -116 | -76 | -69 | -27 | -28 | -30 |
| Net margin | -45.4% | -226.7% | -77690.7% | -23808.9% | -8335.4% | -29888.1% | -14901.7% | -2534.4% | -2621.2% | -479.3% |
| Diluted EPS | -$0.13 | -$0.27 | -$0.32 | -$0.37 | -$0.35 | -$0.28 | -$0.36 | -$0.15 | -$0.18 | -$0.19 |
| Free cash flow | -111 | -219 | -169 | -128 | -96 | -67 | -44 | -21 | -21 | -18 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GERN in Markets.
How Geron makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Revenues Before Adjustments | $72.4M | 100.0% |
| Royalty | $7.00K | 0.0% |
See also: GERN returns
No forecast, no recommendation. This page describes Geron Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.