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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and GERON CORP (GERN). Click either name above to swap in a different company.
GERON CORP is the larger business by last-quarter revenue ($47.2M vs $43.5M, roughly 1.1× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 67.1%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs 75.8%).
Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.
Geron Corporation is a biotechnology company located in Foster City, California which specializes in developing and commercializing therapeutic products for cancer that inhibit telomerase.
DX vs GERN — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $47.2M |
| Net Profit | — | $-18.4M |
| Gross Margin | — | — |
| Operating Margin | — | -29.4% |
| Net Margin | — | -39.0% |
| Revenue YoY | 531.3% | 67.1% |
| Net Profit YoY | — | 30.3% |
| EPS (diluted) | $1.59 | $-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 | $43.5M | — | ||
| Q3 25 | $30.6M | $47.2M | ||
| Q2 25 | $23.1M | $49.0M | ||
| Q1 25 | $17.1M | $39.6M | ||
| Q3 24 | — | $28.3M | ||
| Q2 24 | — | $882.0K | ||
| Q1 24 | $-3.2M | $304.0K | ||
| Q4 23 | — | $23.0K |
| Q4 25 | — | — | ||
| Q3 25 | $150.4M | $-18.4M | ||
| Q2 25 | $-13.6M | $-16.4M | ||
| Q1 25 | $-3.1M | $-19.8M | ||
| Q3 24 | — | $-26.4M | ||
| Q2 24 | — | $-67.4M | ||
| Q1 24 | $40.1M | $-55.4M | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -29.4% | ||
| Q2 25 | — | -25.4% | ||
| Q1 25 | — | -42.2% | ||
| Q3 24 | — | -99.8% | ||
| Q2 24 | — | -7860.9% | ||
| Q1 24 | — | -18465.1% | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 491.3% | -39.0% | ||
| Q2 25 | -58.8% | -33.4% | ||
| Q1 25 | -18.0% | -50.1% | ||
| Q3 24 | — | -93.5% | ||
| Q2 24 | — | -7639.8% | ||
| Q1 24 | -1256.8% | -18220.4% | ||
| Q4 23 | — | — |
| Q4 25 | $1.59 | — | ||
| Q3 25 | $1.08 | $-0.03 | ||
| Q2 25 | $-0.14 | $-0.02 | ||
| Q1 25 | $-0.06 | $-0.03 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $-0.10 | ||
| Q1 24 | $0.64 | $-0.09 | ||
| Q4 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $531.0M | $78.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.5B | $248.7M |
| Total Assets | $17.3B | $567.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.0M | — | ||
| Q3 25 | $491.0M | $78.1M | ||
| Q2 25 | $387.5M | $77.7M | ||
| Q1 25 | $327.4M | $83.7M | ||
| Q3 24 | — | $60.3M | ||
| Q2 24 | — | $116.9M | ||
| Q1 24 | $295.7M | $189.8M | ||
| Q4 23 | — | $70.0M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.0B | $248.7M | ||
| Q2 25 | $1.6B | $259.5M | ||
| Q1 25 | $1.4B | $268.2M | ||
| Q3 24 | — | $292.3M | ||
| Q2 24 | — | $306.7M | ||
| Q1 24 | $958.5M | $344.9M | ||
| Q4 23 | — | $247.9M |
| Q4 25 | $17.3B | — | ||
| Q3 25 | $14.2B | $567.4M | ||
| Q2 25 | $11.3B | $555.2M | ||
| Q1 25 | $9.0B | $562.5M | ||
| Q3 24 | — | $444.9M | ||
| Q2 24 | — | $449.4M | ||
| Q1 24 | $6.3B | $482.1M | ||
| Q4 23 | — | $394.1M |
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 | $120.8M | $-13.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.8M | — | ||
| Q3 25 | $68.3M | $-13.6M | ||
| Q2 25 | $31.9M | $-27.4M | ||
| Q1 25 | $6.4M | $-48.0M | ||
| Q3 24 | — | $-58.9M | ||
| Q2 24 | — | $-53.5M | ||
| Q1 24 | $-17.1M | $-62.3M | ||
| Q4 23 | — | $-167.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-53.7M | ||
| Q1 24 | — | $-62.9M | ||
| Q4 23 | — | $-168.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -6086.6% | ||
| Q1 24 | — | -20680.3% | ||
| Q4 23 | — | -732926.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 23.4% | ||
| Q1 24 | — | 202.3% | ||
| Q4 23 | — | 3608.7% |
| Q4 25 | — | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.43× | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
