GERON CORP GERN
We are a commercial-stage biopharmaceutical company aiming to change lives by changing the course of
blood cancer. Our first-in-class telomerase inhibitor, RYTELO® (imetelstat), harnesses Nobel Prize winning science in a
treatment that scientific evidence suggests reduces proliferation of malignant cells, allowing production of new healthy
cells, which we believe drives differentiated clinical benefits, potentially altering the underlying course and modifying the
Last close
1.12
2026-10-23
Market cap
$719.6M
2026-06-30 share count
52-week range
1.04 - 2.01
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.13
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $237.0K | $596.0K | $1.4M | $253.0K | $460.0K | $1.1M | $1.1M | $6.2M |
| SG&A | $159.3M | $145.7M | $69.1M | $43.6M | $29.7M | $25.7M | $20.9M | $18.7M | $19.3M | $18.8M |
| Total operating expenses | $252.5M | $250.7M | $194.2M | $139.1M | $115.4M | $77.2M | $73.0M | $32.1M | $30.3M | $36.8M |
| Operating income | -$68.6M | -$173.7M | -$193.9M | -$138.6M | -$114.0M | -$76.9M | -$72.5M | -$31.1M | -$29.3M | -$30.6M |
| Interest expense | $32.7M | $18.5M | $8.3M | $6.9M | $3.7M | $760.0K | — | — | — | — |
| Pre-tax income | -$83.4M | -$174.5M | -$181.7M | -$141.9M | — | — | — | — | — | — |
| Income tax | $75.0K | $449.0K | $22.0K | — | — | — | — | — | — | — |
| Net income | -$83.5M | -$174.6M | -$184.1M | -$141.9M | -$116.1M | -$75.6M | -$68.5M | -$27.0M | -$27.9M | -$29.5M |
| EPS, basic | -0.13 | -0.27 | -0.32 | -0.37 | -0.35 | -0.28 | — | — | -0.18 | -0.19 |
| EPS, diluted | -0.13 | -0.27 | -0.32 | -0.37 | -0.35 | -0.28 | -0.36 | -0.15 | -0.18 | -0.19 |
| Shares, diluted (wtd. avg.) | 666.7M | 646.0M | 570.6M | 380.8M | 327.6M | 271.5M | — | — | 159.2M | 159.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $77.6M | $79.0M | $70.0M | $56.8M | $34.9M | $9.9M | $13.6M | $10.6M | $16.3M | $12.8M |
| Short-term investments | — | $327.6M | $263.7M | $115.9M | $148.9M | $186.3M | $125.7M | $152.7M | $78.4M | — |
| Receivables | $37.0M | $35.9M | — | — | — | — | — | — | — | — |
| Inventory | $116.6M | $38.7M | — | — | — | — | — | — | — | — |
| Total current assets | $520.3M | $491.0M | $341.3M | $180.2M | $187.2M | $199.9M | $141.6M | $166.1M | $96.0M | $116.1M |
| Property, plant and equipment | $884.0K | $1.3M | $1.2M | $793.0K | $650.0K | $658.0K | $408.0K | $59.0K | $102.0K | $183.0K |
| Total assets | $570.5M | $593.8M | $394.1M | $190.6M | $226.0M | $270.7M | $165.5M | $185.3M | $110.3M | $130.2M |
| Accounts payable | $11.3M | $8.6M | $6.2M | $10.2M | $6.7M | $6.9M | $1.2M | $982.0K | $503.0K | $225.0K |
| Short-term debt | — | — | $46.9M | $20.9M | — | — | — | — | — | — |
| Total current liabilities | $111.5M | $88.3M | $108.1M | $76.7M | $45.5M | $30.9M | $28.2M | $7.6M | $6.5M | $7.9M |
| Long-term debt | $119.5M | $118.5M | $35.1M | $30.2M | $49.8M | $24.0M | — | — | — | — |
| Total liabilities | $344.7M | $313.5M | $146.1M | $110.6M | $99.6M | $59.8M | $30.4M | — | — | — |
| Retained earnings | -$1.86B | -$1.77B | -$1.60B | -$1.41B | -$1.27B | -$1.16B | -$1.08B | -$1.01B | -$985.8M | -$957.9M |
| Total equity | $225.9M | $280.3M | $247.9M | $80.0M | $126.4M | $210.9M | $135.2M | $177.7M | $103.8M | $122.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$111.0M | -$218.6M | -$167.7M | -$127.4M | -$95.6M | -$66.7M | -$43.8M | -$21.0M | -$20.6M | -$18.4M |
| Depreciation and amortisation | — | — | — | — | — | $158.0K | $64.0K | $59.0K | $76.0K | $81.0K |
| Stock-based compensation | $26.7M | $31.2M | $18.5M | $8.0M | $8.1M | $6.9M | $6.1M | $6.4M | $8.1M | $8.2M |
| Capital expenditure | — | $680.0K | $830.0K | $431.0K | $207.0K | $401.0K | $413.0K | $16.0K | — | $57.0K |
| Investing cash flow | $107.2M | -$106.0M | -$180.3M | $62.1M | $71.9M | -$105.3M | $27.4M | -$77.7M | $23.0M | $8.8M |
| Financing cash flow | $2.3M | $334.4M | $362.0M | $87.3M | $48.6M | $168.3M | $19.5M | $93.0M | $1.1M | $1.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000886744-26-000024.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.2M | $1.1M | $1.1M | $460.0K | $253.0K | $1.4M | $596.0K | $237.0K | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$29.5M | -$27.9M | -$27.0M | -$68.5M | -$75.6M | -$116.1M | -$141.9M | -$184.1M | -$174.6M | -$83.5M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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| BMY | BRISTOL MYERS SQUIBB CO | $125.59B | 17.8x | -0.2% |