Geron (GERN) reported R&D of $14.96M in Q1 2026.

How has Geron's R&D changed year-over-year?

Geron's R&D decreased by 0.8% year-over-year, from $15.08M to $14.96M.

What is the long-term trend for Geron's R&D?

Over 4 years (2021 to 2025), Geron's R&D has grown at a -4.5% compound annual growth rate (CAGR), from $85.73M to $71.43M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Geron GERN R&D

R&D at other companies

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$2.65B+17.4%

IncyteINCY

$515.9M+18.0%

ImmunomeIMNM

$46.38M+25.8%

Syndax PharmaceuticalsSNDX

$58.85M-4.5%

Arcus BiosciencesRCUS

$122M0.0%

CelcuityCELC

$33.06M+11.1%

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-8.6%

Enterprise value$973.78M-6.2%

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:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

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 R&D?: Geron (GERN) reported R&D of $14.96M in Q1 2026.
How has Geron's R&D changed year-over-year?: Geron's R&D decreased by 0.8% year-over-year, from $15.08M to $14.96M.
What is the long-term trend for Geron's R&D?: Over 4 years (2021 to 2025), Geron's R&D has grown at a -4.5% compound annual growth rate (CAGR), from $85.73M to $71.43M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.