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Geron GERN Total gross-to-net adjustments — Total revenues

Other product segments

Gross product revenue
$65.35M+44.2%
Chargebacks
-$8.16M
Distributor service fees
-$2.17M
Government rebates
-$1.66M-2,412%
Sales returns and allowances
-$1.59M-1,308%

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ARDTHealth Care, Patient Service — Revenue adjustment, net
$7.5M-15.7%
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ARDXAccrued gross to net revenue liabilities
$30.27M+199%
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SHCProduct — Total net revenues
$38.44M+25.7%

Other financials

Income statement

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Revenue$51.8M+30.9%
Operating income$158.0K+101%
Net income-$3.6M+81.6%
EPS (diluted)-$0.01+66.7%

Balance sheet

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Cash & equivalents$48.7M-12.2%
Total debt$134.0M+10.0%
Total equity$229.1M-14.6%
Total assets$534.1M-5.0%

Cash flow

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Operating cash flow-$62.9M-31.1%
CapEx$206.0K+2.0%
Free cash flow-$43.8M-6.8%

Valuation

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Market cap$888.51M-7.6%
Enterprise value$973.78M-5.3%
P/S4.7×-174×

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-27.1%-7.8pp
Debt / equity0.6×+0.1×
Current ratio6.8×-1.1×

Where this comes from

Reported directly by Geron in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Geron’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Geron's total gross-to-net adjustments — total revenues?
Geron (GERN) reported total gross-to-net adjustments — total revenues of -$13.58M in Q1 2026.
How has Geron's total gross-to-net adjustments — total revenues changed year-over-year?
Geron's total gross-to-net adjustments — total revenues decreased by 131.1% year-over-year, from -$5.88M to -$13.58M.
What does total gross-to-net adjustments — total revenues mean?
This metric represents the aggregate value of deductions applied to gross product sales, including rebates, chargebacks, discounts, and returns, to arrive at net revenue. It serves as a critical indicator of the difference between the invoiced price and the actual realized revenue recognized by the company. Monitoring these adjustments provides insight into pricing pressure, contractual obligations with payers, and the overall net realization rate of the product portfolio.