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Geron GERN Government rebates — Total revenues

Other product segments

Gross product revenue
$72.44M+25.2%
Chargebacks
-$9.19M
Distributor service fees
-$2.37M
Sales returns and allowances
-$1.43M-177%

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Other financials

Income statement

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Revenue$57.5M+17.2%
Operating income-$12.5M-0.3%
Net income-$16.7M-1.9%
EPS (diluted)-$0.020.0%

Balance sheet

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Cash & equivalents$64.5M-18.9%
Total debt$134.1M-0.3%
Total equity$218.6M-15.8%
Total assets$519.0M-6.5%

Cash flow

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Operating cash flow-$15.8M+42.3%
CapEx$206.0K+2.0%
Free cash flow-$43.8M-6.8%

Valuation

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Market cap$1.01B+13.8%
Enterprise value$1.08B+14.5%
P/S4.9×-180×

Profitability

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Operating margin-705.5%-351pp
Net margin-682.5%-339pp
FCF margin-734.4%-365pp

Returns & leverage

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Return on equity-28.3%-2.3pp
Debt / equity0.6×+0.1×
Current ratio6.9×-1.0×

Where this comes from

Reported directly by Geron in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Geron’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000886744-26-000037
(in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gross product revenue$72,436$57,874$137,789$103,186
Gross-to-net adjustments:
Chargebacks(9,190)(5,940)(17,354)(10,111)
Distributor service fees(2,371)(1,950)(4,540)(3,476)
Government rebates(1,969)(459)(3,627)(525)
Sales returns and allowances(1,433)(518)(3,024)(631)
Total gross-to-net adjustments(14,963)(8,867)(28,545)(14,743)
Net product revenue$57,473$49,007$109,244$88,443

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Geron's government rebates — total revenues?
Geron (GERN) reported government rebates — total revenues of -$1.97M in Q2 2026.
How has Geron's government rebates — total revenues changed year-over-year?
Geron's government rebates — total revenues decreased by 329.0% year-over-year, from -$459K to -$1.97M.
What does government rebates — total revenues mean?
This metric represents the portion of total gross revenue that is offset by mandatory rebates, discounts, or price concessions provided to government healthcare programs. It reflects the impact of regulatory pricing requirements on the net revenue realized from product sales within specific public health systems. Monitoring this figure helps investors assess the net pricing power and the impact of government-mandated reimbursement structures on the company's top-line performance.

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