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Side-by-side financial comparison of GERON CORP (GERN) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

Hut 8 Corp. is the larger business by last-quarter revenue ($88.5M vs $47.2M, roughly 1.9× GERON CORP). GERON CORP runs the higher net margin — -39.0% vs -316.0%, a 277.0% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs 67.1%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs 30.8%).

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

Tropical Hut is a Filipino chain of fast food restaurants owned by Mercury Group of Companies, Inc. It is the 7th oldest food chain in the Philippines and older than Jollibee (1978) and McDonald's Philippines (1981).

GERN vs HUT — Head-to-Head

Bigger by revenue
HUT
HUT
1.9× larger
HUT
$88.5M
$47.2M
GERN
Growing faster (revenue YoY)
HUT
HUT
+112.2% gap
HUT
179.2%
67.1%
GERN
Higher net margin
GERN
GERN
277.0% more per $
GERN
-39.0%
-316.0%
HUT
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
30.8%
HUT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GERN
GERN
HUT
HUT
Revenue
$47.2M
$88.5M
Net Profit
$-18.4M
$-279.7M
Gross Margin
60.4%
Operating Margin
-29.4%
-491.4%
Net Margin
-39.0%
-316.0%
Revenue YoY
67.1%
179.2%
Net Profit YoY
30.3%
-283.7%
EPS (diluted)
$-0.03
$-2.45

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
GERN
GERN
HUT
HUT
Q4 25
$88.5M
Q3 25
$47.2M
$83.5M
Q2 25
$49.0M
$41.3M
Q1 25
$39.6M
$21.8M
Q4 24
$31.7M
Q3 24
$28.3M
$43.7M
Q2 24
$882.0K
$35.2M
Q1 24
$304.0K
$51.7M
Net Profit
GERN
GERN
HUT
HUT
Q4 25
$-279.7M
Q3 25
$-18.4M
$50.1M
Q2 25
$-16.4M
$137.3M
Q1 25
$-19.8M
$-133.9M
Q4 24
$152.2M
Q3 24
$-26.4M
$647.0K
Q2 24
$-67.4M
$-71.9M
Q1 24
$-55.4M
$250.9M
Gross Margin
GERN
GERN
HUT
HUT
Q4 25
60.4%
Q3 25
61.3%
Q2 25
47.3%
Q1 25
14.5%
Q4 24
35.9%
Q3 24
59.9%
Q2 24
41.4%
Q1 24
45.6%
Operating Margin
GERN
GERN
HUT
HUT
Q4 25
-491.4%
Q3 25
-29.4%
87.0%
Q2 25
-25.4%
Q1 25
-42.2%
-676.8%
Q4 24
Q3 24
-99.8%
-3.6%
Q2 24
-7860.9%
-246.2%
Q1 24
-18465.1%
Net Margin
GERN
GERN
HUT
HUT
Q4 25
-316.0%
Q3 25
-39.0%
60.0%
Q2 25
-33.4%
332.5%
Q1 25
-50.1%
-613.7%
Q4 24
480.3%
Q3 24
-93.5%
1.5%
Q2 24
-7639.8%
-204.1%
Q1 24
-18220.4%
484.9%
EPS (diluted)
GERN
GERN
HUT
HUT
Q4 25
$-2.45
Q3 25
$-0.03
$0.43
Q2 25
$-0.02
$1.18
Q1 25
$-0.03
$-1.30
Q4 24
$1.41
Q3 24
$-0.04
$0.01
Q2 24
$-0.10
$-0.78
Q1 24
$-0.09
$2.76

Balance Sheet & Financial Strength

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

Metric
GERN
GERN
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$78.1M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$248.7M
$1.4B
Total Assets
$567.4M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GERN
GERN
HUT
HUT
Q4 25
$44.9M
Q3 25
$78.1M
$33.5M
Q2 25
$77.7M
$216.3M
Q1 25
$83.7M
$108.4M
Q4 24
$85.0M
Q3 24
$60.3M
Q2 24
$116.9M
Q1 24
$189.8M
$11.5M
Total Debt
GERN
GERN
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$300.6M
Q3 24
$297.3M
Q2 24
$328.8M
Q1 24
$177.6M
Stockholders' Equity
GERN
GERN
HUT
HUT
Q4 25
$1.4B
Q3 25
$248.7M
$1.4B
Q2 25
$259.5M
$1.3B
Q1 25
$268.2M
$960.0M
Q4 24
$976.7M
Q3 24
$292.3M
$703.9M
Q2 24
$306.7M
$660.1M
Q1 24
$344.9M
$732.0M
Total Assets
GERN
GERN
HUT
HUT
Q4 25
$2.8B
Q3 25
$567.4M
$2.7B
Q2 25
$555.2M
$2.0B
Q1 25
$562.5M
$1.6B
Q4 24
$1.5B
Q3 24
$444.9M
$1.1B
Q2 24
$449.4M
$1.1B
Q1 24
$482.1M
$999.0M
Debt / Equity
GERN
GERN
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.31×
Q3 24
0.42×
Q2 24
0.50×
Q1 24
0.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GERN
GERN
HUT
HUT
Operating Cash FlowLast quarter
$-13.6M
$-139.2M
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.

Operating Cash Flow
GERN
GERN
HUT
HUT
Q4 25
$-139.2M
Q3 25
$-13.6M
$770.0K
Q2 25
$-27.4M
$-48.8M
Q1 25
$-48.0M
$-33.8M
Q4 24
$-68.5M
Q3 24
$-58.9M
$-4.2M
Q2 24
$-53.5M
$-16.4M
Q1 24
$-62.3M
$-26.3M
Free Cash Flow
GERN
GERN
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$-53.7M
Q1 24
$-62.9M
FCF Margin
GERN
GERN
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-6086.6%
Q1 24
-20680.3%
Capex Intensity
GERN
GERN
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
23.4%
Q1 24
202.3%
Cash Conversion
GERN
GERN
HUT
HUT
Q4 25
Q3 25
0.02×
Q2 25
-0.36×
Q1 25
Q4 24
-0.45×
Q3 24
-6.49×
Q2 24
Q1 24
-0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GERN
GERN

Segment breakdown not available.

HUT
HUT

High Performance Computing Colocation And Cloud$81.9M93%
Power$5.0M6%
Digital Infrastructure$1.6M2%

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