Filing Flows › Geron (GERN) › Q2 2025
Geron (GERN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Geron (GERN) reported revenue of $49.0M for the second quarter 2025 (Q2 2025), up 56-fold from a year earlier and +24% from the quarter before. Operating margin was -25.4%, net loss $16.4M (33.4% of revenue).
Geron, Q2 2025: revenue $49.0M (56× year over year), operating margin -25.4%, net loss $16.4M, operating cash flow −$27.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.0M | +24% | 56× |
| Operating profit | −$12.5M | — | — |
| Net earnings | −$16.4M | — | — |
| Operating cash flow | −$27.4M | — | — |
What changed
Revenue was $49.0M in Q2 2025, up 5460% year over year and up 24% from the previous quarter. Product revenue, net was the largest line at 100% of revenue. Product revenue, net added $48.2M year over year (up 6183%), 100% of the total change. Royalties declined 72%.
Operating costs exceeded revenue by $12.5M, an operating margin of -25.4%. Total costs fell 12% while revenue rose 5460%. The quarter ended with a net loss of $16.4M, narrower than the previous quarter's $19.8M loss.
Operating cash flow was −$27.4M. Non-cash charges added back $128K of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items used $17.9M.
Questions
What was Geron's revenue in the second quarter 2025?
Geron (GERN) reported revenue of $49.0M for the second quarter 2025 (Q2 2025), up 56-fold from a year earlier and +24% from the quarter before.
Was Geron profitable in the second quarter 2025?
Operating loss was $12.5M (-25.4% of revenue) and net loss $16.4M.
Source: Geron 10-Q on SEC EDGAR.