vs
Side-by-side financial comparison of C3.ai, Inc. (AI) and GERON CORP (GERN). Click either name above to swap in a different company.
C3.ai, Inc. is the larger business by last-quarter revenue ($75.1M vs $47.2M, roughly 1.6× GERON CORP). GERON CORP runs the higher net margin — -39.0% vs -139.3%, a 100.3% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs -20.3%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs -2.1%).
C3.ai, Inc. is a leading enterprise artificial intelligence software provider that develops and delivers scalable AI applications, platform tools, and industry-specific solutions for clients across sectors including manufacturing, energy, financial services, healthcare and public sector. Its offerings help organizations optimize operations, reduce costs, mitigate risks, and realize data-driven decision making.
Geron Corporation is a biotechnology company located in Foster City, California which specializes in developing and commercializing therapeutic products for cancer that inhibit telomerase.
AI vs GERN — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $47.2M |
| Net Profit | $-104.7M | $-18.4M |
| Gross Margin | 40.4% | — |
| Operating Margin | -149.2% | -29.4% |
| Net Margin | -139.3% | -39.0% |
| Revenue YoY | -20.3% | 67.1% |
| Net Profit YoY | -58.7% | 30.3% |
| EPS (diluted) | $-0.75 | $-0.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $75.1M | — | ||
| Q3 25 | $70.3M | $47.2M | ||
| Q2 25 | $108.7M | $49.0M | ||
| Q1 25 | $98.8M | $39.6M | ||
| Q4 24 | $94.3M | — | ||
| Q3 24 | $87.2M | $28.3M | ||
| Q2 24 | $86.6M | $882.0K | ||
| Q1 24 | $78.4M | $304.0K |
| Q4 25 | $-104.7M | — | ||
| Q3 25 | $-116.8M | $-18.4M | ||
| Q2 25 | $-79.7M | $-16.4M | ||
| Q1 25 | $-80.2M | $-19.8M | ||
| Q4 24 | $-66.0M | — | ||
| Q3 24 | $-62.8M | $-26.4M | ||
| Q2 24 | $-72.9M | $-67.4M | ||
| Q1 24 | $-72.6M | $-55.4M |
| Q4 25 | 40.4% | — | ||
| Q3 25 | 37.6% | — | ||
| Q2 25 | 62.1% | — | ||
| Q1 25 | 59.1% | — | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 59.8% | — | ||
| Q2 24 | 59.6% | — | ||
| Q1 24 | 57.8% | — |
| Q4 25 | -149.2% | — | ||
| Q3 25 | -177.7% | -29.4% | ||
| Q2 25 | -81.8% | -25.4% | ||
| Q1 25 | -88.7% | -42.2% | ||
| Q4 24 | -79.8% | — | ||
| Q3 24 | -83.2% | -99.8% | ||
| Q2 24 | -95.1% | -7860.9% | ||
| Q1 24 | -105.3% | -18465.1% |
| Q4 25 | -139.3% | — | ||
| Q3 25 | -166.2% | -39.0% | ||
| Q2 25 | -73.3% | -33.4% | ||
| Q1 25 | -81.2% | -50.1% | ||
| Q4 24 | -69.9% | — | ||
| Q3 24 | -72.0% | -93.5% | ||
| Q2 24 | -84.2% | -7639.8% | ||
| Q1 24 | -92.6% | -18220.4% |
| Q4 25 | $-0.75 | — | ||
| Q3 25 | $-0.86 | $-0.03 | ||
| Q2 25 | $-0.60 | $-0.02 | ||
| Q1 25 | $-0.62 | $-0.03 | ||
| Q4 24 | $-0.52 | — | ||
| Q3 24 | $-0.50 | $-0.04 | ||
| Q2 24 | $-0.59 | $-0.10 | ||
| Q1 24 | $-0.60 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $675.0M | $78.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $771.9M | $248.7M |
| Total Assets | $961.3M | $567.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $675.0M | — | ||
| Q3 25 | $711.9M | $78.1M | ||
| Q2 25 | $742.7M | $77.7M | ||
| Q1 25 | $724.3M | $83.7M | ||
| Q4 24 | $730.4M | — | ||
| Q3 24 | $762.5M | $60.3M | ||
| Q2 24 | $750.4M | $116.9M | ||
| Q1 24 | $723.3M | $189.8M |
| Q4 25 | $771.9M | — | ||
| Q3 25 | $798.8M | $248.7M | ||
| Q2 25 | $838.3M | $259.5M | ||
| Q1 25 | $860.2M | $268.2M | ||
| Q4 24 | $859.0M | — | ||
| Q3 24 | $874.9M | $292.3M | ||
| Q2 24 | $873.4M | $306.7M | ||
| Q1 24 | $898.0M | $344.9M |
| Q4 25 | $961.3M | — | ||
| Q3 25 | $968.7M | $567.4M | ||
| Q2 25 | $1.0B | $555.2M | ||
| Q1 25 | $1.1B | $562.5M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | $444.9M | ||
| Q2 24 | $1.0B | $449.4M | ||
| Q1 24 | $1.1B | $482.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-46.5M | $-13.6M |
| Free Cash FlowOCF − Capex | $-46.9M | — |
| FCF MarginFCF / Revenue | -62.4% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.5M | — | ||
| Q3 25 | $-33.5M | $-13.6M | ||
| Q2 25 | $11.3M | $-27.4M | ||
| Q1 25 | $-22.0M | $-48.0M | ||
| Q4 24 | $-38.7M | — | ||
| Q3 24 | $8.0M | $-58.9M | ||
| Q2 24 | $21.3M | $-53.5M | ||
| Q1 24 | $-39.1M | $-62.3M |
| Q4 25 | $-46.9M | — | ||
| Q3 25 | $-34.3M | — | ||
| Q2 25 | $10.3M | — | ||
| Q1 25 | $-22.4M | — | ||
| Q4 24 | $-39.5M | — | ||
| Q3 24 | $7.1M | — | ||
| Q2 24 | $18.8M | $-53.7M | ||
| Q1 24 | $-45.1M | $-62.9M |
| Q4 25 | -62.4% | — | ||
| Q3 25 | -48.8% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | -22.7% | — | ||
| Q4 24 | -41.9% | — | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | 21.7% | -6086.6% | ||
| Q1 24 | -57.6% | -20680.3% |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.1% | 0.0% | ||
| Q2 24 | 2.9% | 23.4% | ||
| Q1 24 | 7.8% | 202.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
GERN
Segment breakdown not available.
