Filing Flows › Geron (GERN) › Q1 2025
Geron (GERN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Geron (GERN) reported revenue of $39.6M for the first quarter 2025 (Q1 2025), up 130-fold from a year earlier. Operating margin was -42.2%, net loss $19.8M (50.1% of revenue).
Geron, Q1 2025: revenue $39.6M (130× year over year), operating margin -42.2%, net loss $19.8M, operating cash flow −$48.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $39.6M | — | 130× |
| Operating profit | −$16.7M | — | — |
| Net earnings | −$19.8M | — | — |
| Operating cash flow | −$48.0M | — | — |
What changed
Revenue was $39.6M in Q1 2025, up 12927% year over year. Product revenue, net was the largest line at 100% of revenue. Royalties declined 45%.
Operating costs exceeded revenue by $16.7M, an operating margin of -42.2%. Total costs fell 0% while revenue rose 12927%. The fastest-growing cost line was SG&A (+48%). The quarter ended with a net loss of $19.8M.
Operating cash flow was −$48.0M. Non-cash charges added back $131K of depreciation and amortization and $7.4M of share-based compensation. Working capital and other items used $35.7M.
Questions
What was Geron's revenue in the first quarter 2025?
Geron (GERN) reported revenue of $39.6M for the first quarter 2025 (Q1 2025), up 130-fold from a year earlier.
Was Geron profitable in the first quarter 2025?
Operating loss was $16.7M (-42.2% of revenue) and net loss $19.8M.
Source: Geron 10-Q on SEC EDGAR.