vs

Side-by-side financial comparison of FGI Industries Ltd. (FGI) 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 $30.5M, roughly 1.6× FGI Industries Ltd.). FGI Industries Ltd. runs the higher net margin — -8.6% vs -39.0%, a 30.4% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs -14.4%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs -0.5%).

FGI Industries Ltd is a global designer, manufacturer and distributor of kitchen and bath products, home organization solutions, and home improvement goods. It serves major retail chains, home specialty stores and e-commerce platforms across North America, Europe and the Asia-Pacific region.

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

FGI vs GERN — Head-to-Head

Bigger by revenue
GERN
GERN
1.6× larger
GERN
$47.2M
$30.5M
FGI
Growing faster (revenue YoY)
GERN
GERN
+81.5% gap
GERN
67.1%
-14.4%
FGI
Higher net margin
FGI
FGI
30.4% more per $
FGI
-8.6%
-39.0%
GERN
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
-0.5%
FGI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FGI
FGI
GERN
GERN
Revenue
$30.5M
$47.2M
Net Profit
$-2.6M
$-18.4M
Gross Margin
26.7%
Operating Margin
-2.2%
-29.4%
Net Margin
-8.6%
-39.0%
Revenue YoY
-14.4%
67.1%
Net Profit YoY
-553.1%
30.3%
EPS (diluted)
$-1.63
$-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
FGI
FGI
GERN
GERN
Q4 25
$30.5M
Q3 25
$35.8M
$47.2M
Q2 25
$31.0M
$49.0M
Q1 25
$33.2M
$39.6M
Q4 24
$35.6M
Q3 24
$36.1M
$28.3M
Q2 24
$29.4M
$882.0K
Q1 24
$30.8M
$304.0K
Net Profit
FGI
FGI
GERN
GERN
Q4 25
$-2.6M
Q3 25
$-1.7M
$-18.4M
Q2 25
$-1.2M
$-16.4M
Q1 25
$-629.1K
$-19.8M
Q4 24
$-402.3K
Q3 24
$-550.1K
$-26.4M
Q2 24
$163.6K
$-67.4M
Q1 24
$-412.2K
$-55.4M
Gross Margin
FGI
FGI
GERN
GERN
Q4 25
26.7%
Q3 25
26.5%
Q2 25
28.1%
Q1 25
26.8%
Q4 24
24.6%
Q3 24
25.8%
Q2 24
30.5%
Q1 24
27.4%
Operating Margin
FGI
FGI
GERN
GERN
Q4 25
-2.2%
Q3 25
1.0%
-29.4%
Q2 25
-2.7%
-25.4%
Q1 25
-3.9%
-42.2%
Q4 24
-3.5%
Q3 24
-0.2%
-99.8%
Q2 24
-1.5%
-7860.9%
Q1 24
-1.0%
-18465.1%
Net Margin
FGI
FGI
GERN
GERN
Q4 25
-8.6%
Q3 25
-4.6%
-39.0%
Q2 25
-4.0%
-33.4%
Q1 25
-1.9%
-50.1%
Q4 24
-1.1%
Q3 24
-1.5%
-93.5%
Q2 24
0.6%
-7639.8%
Q1 24
-1.3%
-18220.4%
EPS (diluted)
FGI
FGI
GERN
GERN
Q4 25
$-1.63
Q3 25
$-0.86
$-0.03
Q2 25
$-0.64
$-0.02
Q1 25
$-0.07
$-0.03
Q4 24
$-0.38
Q3 24
$-0.29
$-0.04
Q2 24
$0.08
$-0.10
Q1 24
$-0.04
$-0.09

Balance Sheet & Financial Strength

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

Metric
FGI
FGI
GERN
GERN
Cash + ST InvestmentsLiquidity on hand
$1.9M
$78.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.3M
$248.7M
Total Assets
$69.5M
$567.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FGI
FGI
GERN
GERN
Q4 25
$1.9M
Q3 25
$1.9M
$78.1M
Q2 25
$2.5M
$77.7M
Q1 25
$1.2M
$83.7M
Q4 24
$4.6M
Q3 24
$3.0M
$60.3M
Q2 24
$1.3M
$116.9M
Q1 24
$3.3M
$189.8M
Stockholders' Equity
FGI
FGI
GERN
GERN
Q4 25
$17.3M
Q3 25
$19.7M
$248.7M
Q2 25
$21.3M
$259.5M
Q1 25
$21.8M
$268.2M
Q4 24
$22.3M
Q3 24
$23.5M
$292.3M
Q2 24
$23.8M
$306.7M
Q1 24
$23.9M
$344.9M
Total Assets
FGI
FGI
GERN
GERN
Q4 25
$69.5M
Q3 25
$73.0M
$567.4M
Q2 25
$71.7M
$555.2M
Q1 25
$68.5M
$562.5M
Q4 24
$75.5M
Q3 24
$74.7M
$444.9M
Q2 24
$69.9M
$449.4M
Q1 24
$68.6M
$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
FGI
FGI
GERN
GERN
Operating Cash FlowLast quarter
$2.3M
$-13.6M
Free Cash FlowOCF − Capex
$2.3M
FCF MarginFCF / Revenue
7.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-212.5K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FGI
FGI
GERN
GERN
Q4 25
$2.3M
Q3 25
$-1.9M
$-13.6M
Q2 25
$7.6M
$-27.4M
Q1 25
$-7.4M
$-48.0M
Q4 24
$617.4K
Q3 24
$-915.0K
$-58.9M
Q2 24
$862.1K
$-53.5M
Q1 24
$-8.0M
$-62.3M
Free Cash Flow
FGI
FGI
GERN
GERN
Q4 25
$2.3M
Q3 25
$-2.1M
Q2 25
$7.4M
Q1 25
$-7.7M
Q4 24
$-214.1K
Q3 24
$-1.1M
Q2 24
$281.5K
$-53.7M
Q1 24
$-8.6M
$-62.9M
FCF Margin
FGI
FGI
GERN
GERN
Q4 25
7.5%
Q3 25
-5.9%
Q2 25
23.8%
Q1 25
-23.3%
Q4 24
-0.6%
Q3 24
-3.0%
Q2 24
1.0%
-6086.6%
Q1 24
-28.0%
-20680.3%
Capex Intensity
FGI
FGI
GERN
GERN
Q4 25
0.2%
Q3 25
0.7%
Q2 25
0.7%
Q1 25
1.1%
Q4 24
2.3%
Q3 24
0.5%
0.0%
Q2 24
2.0%
23.4%
Q1 24
2.0%
202.3%
Cash Conversion
FGI
FGI
GERN
GERN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
5.27×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FGI
FGI

Sanitaryware$19.1M63%
Shower System$5.8M19%
Kitchen And Bath Other$3.3M11%
Bath Furniture Products$2.3M7%

GERN
GERN

Segment breakdown not available.

Related Comparisons