Filing Flows › Geron (GERN) › Q1 2026
Geron (GERN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Geron (GERN) reported revenue of $51.8M for the first quarter 2026 (Q1 2026), +31% from a year earlier. Operating margin was 0.3%, net loss $3.6M (7.0% of revenue).
Geron, Q1 2026: revenue $51.8M (+31% year over year), operating margin 0.3%, net loss $3.6M, operating cash flow −$62.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51.8M | — | +31% |
| Operating profit | $158K | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | −$62.9M | — | — |
What changed
Revenue was $51.8M in Q1 2026, up 31% year over year. Product revenue, net was the largest line at 100% of revenue. Product revenue, net added $12.3M year over year (up 31%), 101% of the total change. Royalties declined 60%.
Operating profit was $158K, a 0.3% margin (up 42.5 points year over year). Total costs fell 8% while revenue rose 31%. The quarter ended with a net loss of $3.6M. Net interest and other expense of $3.8M was the main reason.
Operating cash flow was −$62.9M. Non-cash charges added back $134K of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $64.3M.
Questions
What was Geron's revenue in the first quarter 2026?
Geron (GERN) reported revenue of $51.8M for the first quarter 2026 (Q1 2026), +31% from a year earlier.
Was Geron profitable in the first quarter 2026?
Operating profit was $158K (0.3% of revenue) and net loss $3.6M.
Source: Geron 10-Q on SEC EDGAR.