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Side-by-side financial comparison of Exodus Movement, Inc. (EXOD) 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 $29.4M, roughly 1.6× Exodus Movement, Inc.). GERON CORP runs the higher net margin — -39.0% vs -181.0%, a 142.0% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs -34.4%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs 0.6%).

Exodus is a cryptocurrency wallet available on desktop and mobile platforms. It was founded in 2015 by JP Richardson and Daniel Castagnoli. Exodus wallet supports digital assets including Bitcoin, Ethereum, and Solana. It is available on Windows, macOS, Linux, iOS, Android, and as a browser extension.

Geron Corporation is a biotechnology company located in Foster City, California which specializes in developing and commercializing therapeutic products for cancer that inhibit telomerase.

EXOD vs GERN — Head-to-Head

Bigger by revenue
GERN
GERN
1.6× larger
GERN
$47.2M
$29.4M
EXOD
Growing faster (revenue YoY)
GERN
GERN
+101.4% gap
GERN
67.1%
-34.4%
EXOD
Higher net margin
GERN
GERN
142.0% more per $
GERN
-39.0%
-181.0%
EXOD
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
0.6%
EXOD

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EXOD
EXOD
GERN
GERN
Revenue
$29.4M
$47.2M
Net Profit
$-53.2M
$-18.4M
Gross Margin
Operating Margin
-226.9%
-29.4%
Net Margin
-181.0%
-39.0%
Revenue YoY
-34.4%
67.1%
Net Profit YoY
-179.5%
30.3%
EPS (diluted)
$-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.

Revenue
EXOD
EXOD
GERN
GERN
Q4 25
$29.4M
Q3 25
$30.3M
$47.2M
Q2 25
$25.8M
$49.0M
Q1 25
$36.0M
$39.6M
Q4 24
$44.8M
Q3 24
$20.1M
$28.3M
Q2 24
$22.3M
$882.0K
Q1 24
$29.1M
$304.0K
Net Profit
EXOD
EXOD
GERN
GERN
Q4 25
$-53.2M
Q3 25
$17.0M
$-18.4M
Q2 25
$37.7M
$-16.4M
Q1 25
$-12.9M
$-19.8M
Q4 24
$66.9M
Q3 24
$843.0K
$-26.4M
Q2 24
$-9.6M
$-67.4M
Q1 24
$54.8M
$-55.4M
Gross Margin
EXOD
EXOD
GERN
GERN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
43.7%
Q2 24
51.7%
Q1 24
63.2%
Operating Margin
EXOD
EXOD
GERN
GERN
Q4 25
-226.9%
Q3 25
66.9%
-29.4%
Q2 25
-25.4%
Q1 25
-60.4%
-42.2%
Q4 24
Q3 24
-0.3%
-99.8%
Q2 24
-66.1%
-7860.9%
Q1 24
-18465.1%
Net Margin
EXOD
EXOD
GERN
GERN
Q4 25
-181.0%
Q3 25
56.2%
-39.0%
Q2 25
145.8%
-33.4%
Q1 25
-35.8%
-50.1%
Q4 24
149.4%
Q3 24
4.2%
-93.5%
Q2 24
-43.1%
-7639.8%
Q1 24
188.5%
-18220.4%
EPS (diluted)
EXOD
EXOD
GERN
GERN
Q4 25
Q3 25
$-0.03
Q2 25
$-0.02
Q1 25
$-0.03
Q4 24
Q3 24
$-0.04
Q2 24
$-0.10
Q1 24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXOD
EXOD
GERN
GERN
Cash + ST InvestmentsLiquidity on hand
$4.9M
$78.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$247.4M
$248.7M
Total Assets
$266.8M
$567.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXOD
EXOD
GERN
GERN
Q4 25
$4.9M
Q3 25
$50.5M
$78.1M
Q2 25
$52.9M
$77.7M
Q1 25
$59.8M
$83.7M
Q4 24
$37.9M
Q3 24
$26.5M
$60.3M
Q2 24
$27.8M
$116.9M
Q1 24
$21.0M
$189.8M
Stockholders' Equity
EXOD
EXOD
GERN
GERN
Q4 25
$247.4M
Q3 25
$296.7M
$248.7M
Q2 25
$277.1M
$259.5M
Q1 25
$241.5M
$268.2M
Q4 24
$257.5M
Q3 24
$191.2M
$292.3M
Q2 24
$190.8M
$306.7M
Q1 24
$199.1M
$344.9M
Total Assets
EXOD
EXOD
GERN
GERN
Q4 25
$266.8M
Q3 25
$338.5M
$567.4M
Q2 25
$313.7M
$555.2M
Q1 25
$263.2M
$562.5M
Q4 24
$288.0M
Q3 24
$211.6M
$444.9M
Q2 24
$211.6M
$449.4M
Q1 24
$225.4M
$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
EXOD
EXOD
GERN
GERN
Operating Cash FlowLast quarter
$-25.6M
$-13.6M
Free Cash FlowOCF − Capex
$-25.8M
FCF MarginFCF / Revenue
-87.9%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXOD
EXOD
GERN
GERN
Q4 25
$-25.6M
Q3 25
$-4.8M
$-13.6M
Q2 25
$-5.3M
$-27.4M
Q1 25
$-6.2M
$-48.0M
Q4 24
$-12.0M
Q3 24
$-4.9M
$-58.9M
Q2 24
$-2.4M
$-53.5M
Q1 24
$450.0K
$-62.3M
Free Cash Flow
EXOD
EXOD
GERN
GERN
Q4 25
$-25.8M
Q3 25
$-4.8M
Q2 25
$-5.4M
Q1 25
$-6.2M
Q4 24
$-12.3M
Q3 24
$-4.9M
Q2 24
$-2.4M
$-53.7M
Q1 24
$300.0K
$-62.9M
FCF Margin
EXOD
EXOD
GERN
GERN
Q4 25
-87.9%
Q3 25
-16.0%
Q2 25
-20.7%
Q1 25
-17.3%
Q4 24
-27.5%
Q3 24
-24.5%
Q2 24
-10.8%
-6086.6%
Q1 24
1.0%
-20680.3%
Capex Intensity
EXOD
EXOD
GERN
GERN
Q4 25
0.9%
Q3 25
0.1%
Q2 25
0.4%
Q1 25
0.1%
Q4 24
0.6%
Q3 24
0.2%
0.0%
Q2 24
0.2%
23.4%
Q1 24
0.5%
202.3%
Cash Conversion
EXOD
EXOD
GERN
GERN
Q4 25
Q3 25
-0.28×
Q2 25
-0.14×
Q1 25
Q4 24
-0.18×
Q3 24
-5.80×
Q2 24
Q1 24
0.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXOD
EXOD

Exchange Aggregation$26.6M90%
Other$2.8M10%

GERN
GERN

Segment breakdown not available.

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