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Side-by-side financial comparison of GERON CORP (GERN) and KORE Group Holdings, Inc. (KORE). Click either name above to swap in a different company.

KORE Group Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $47.2M, roughly 1.6× GERON CORP). KORE Group Holdings, Inc. runs the higher net margin — -25.0% vs -39.0%, a 14.0% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs 0.7%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs -1.4%).

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

KORE Wireless is a publicly traded company that provides IoT connectivity, managed services, and related solutions. The company supports applications across sectors including healthcare, logistics, fleet, utilities, and industrial automation, with more than 20 million active connections reported worldwide.

GERN vs KORE — Head-to-Head

Bigger by revenue
KORE
KORE
1.6× larger
KORE
$73.9M
$47.2M
GERN
Growing faster (revenue YoY)
GERN
GERN
+66.3% gap
GERN
67.1%
0.7%
KORE
Higher net margin
KORE
KORE
14.0% more per $
KORE
-25.0%
-39.0%
GERN
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
-1.4%
KORE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GERN
GERN
KORE
KORE
Revenue
$47.2M
$73.9M
Net Profit
$-18.4M
$-18.5M
Gross Margin
Operating Margin
-29.4%
-0.8%
Net Margin
-39.0%
-25.0%
Revenue YoY
67.1%
0.7%
Net Profit YoY
30.3%
27.4%
EPS (diluted)
$-0.03
$-0.92

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
KORE
KORE
Q4 25
$73.9M
Q3 25
$47.2M
$68.7M
Q2 25
$49.0M
$71.3M
Q1 25
$39.6M
$72.1M
Q4 24
$73.3M
Q3 24
$28.3M
$68.9M
Q2 24
$882.0K
$67.9M
Q1 24
$304.0K
$76.0M
Net Profit
GERN
GERN
KORE
KORE
Q4 25
$-18.5M
Q3 25
$-18.4M
$-12.7M
Q2 25
$-16.4M
$-16.9M
Q1 25
$-19.8M
$-14.9M
Q4 24
$-25.4M
Q3 24
$-26.4M
$-19.4M
Q2 24
$-67.4M
$-83.6M
Q1 24
$-55.4M
$-17.6M
Operating Margin
GERN
GERN
KORE
KORE
Q4 25
-0.8%
Q3 25
-29.4%
-6.1%
Q2 25
-25.4%
-7.3%
Q1 25
-42.2%
-3.4%
Q4 24
-17.8%
Q3 24
-99.8%
-8.2%
Q2 24
-7860.9%
-113.0%
Q1 24
-18465.1%
-9.7%
Net Margin
GERN
GERN
KORE
KORE
Q4 25
-25.0%
Q3 25
-39.0%
-18.5%
Q2 25
-33.4%
-23.7%
Q1 25
-50.1%
-20.7%
Q4 24
-34.7%
Q3 24
-93.5%
-28.2%
Q2 24
-7639.8%
-123.2%
Q1 24
-18220.4%
-23.1%
EPS (diluted)
GERN
GERN
KORE
KORE
Q4 25
$-0.92
Q3 25
$-0.03
$-0.64
Q2 25
$-0.02
$-0.86
Q1 25
$-0.03
$-0.77
Q4 24
$-1.29
Q3 24
$-0.04
$-1.00
Q2 24
$-0.10
$-4.37
Q1 24
$-0.09
$-0.93

Balance Sheet & Financial Strength

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

Metric
GERN
GERN
KORE
KORE
Cash + ST InvestmentsLiquidity on hand
$78.1M
$26.7M
Total DebtLower is stronger
$301.3M
Stockholders' EquityBook value
$248.7M
$-163.8M
Total Assets
$567.4M
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GERN
GERN
KORE
KORE
Q4 25
$26.7M
Q3 25
$78.1M
$19.3M
Q2 25
$77.7M
$21.0M
Q1 25
$83.7M
$19.7M
Q4 24
$19.4M
Q3 24
$60.3M
$18.6M
Q2 24
$116.9M
$22.3M
Q1 24
$189.8M
$23.0M
Total Debt
GERN
GERN
KORE
KORE
Q4 25
$301.3M
Q3 25
Q2 25
Q1 25
Q4 24
$303.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GERN
GERN
KORE
KORE
Q4 25
$-163.8M
Q3 25
$248.7M
$-145.7M
Q2 25
$259.5M
$-133.5M
Q1 25
$268.2M
$-114.9M
Q4 24
$-99.6M
Q3 24
$292.3M
$-77.2M
Q2 24
$306.7M
$-57.2M
Q1 24
$344.9M
$22.3M
Total Assets
GERN
GERN
KORE
KORE
Q4 25
$410.5M
Q3 25
$567.4M
$423.4M
Q2 25
$555.2M
$432.9M
Q1 25
$562.5M
$445.1M
Q4 24
$455.8M
Q3 24
$444.9M
$473.9M
Q2 24
$449.4M
$487.7M
Q1 24
$482.1M
$576.6M

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
KORE
KORE
Operating Cash FlowLast quarter
$-13.6M
$10.4M
Free Cash FlowOCF − Capex
$9.4M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GERN
GERN
KORE
KORE
Q4 25
$10.4M
Q3 25
$-13.6M
$1.1M
Q2 25
$-27.4M
$4.1M
Q1 25
$-48.0M
$2.9M
Q4 24
$2.1M
Q3 24
$-58.9M
$1.2M
Q2 24
$-53.5M
$4.0M
Q1 24
$-62.3M
$1.9M
Free Cash Flow
GERN
GERN
KORE
KORE
Q4 25
$9.4M
Q3 25
$879.0K
Q2 25
$2.8M
Q1 25
$2.7M
Q4 24
$2.0M
Q3 24
$973.0K
Q2 24
$-53.7M
$3.1M
Q1 24
$-62.9M
$1.0M
FCF Margin
GERN
GERN
KORE
KORE
Q4 25
12.7%
Q3 25
1.3%
Q2 25
4.0%
Q1 25
3.8%
Q4 24
2.7%
Q3 24
1.4%
Q2 24
-6086.6%
4.6%
Q1 24
-20680.3%
1.4%
Capex Intensity
GERN
GERN
KORE
KORE
Q4 25
1.5%
Q3 25
0.3%
Q2 25
1.8%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.0%
0.3%
Q2 24
23.4%
1.3%
Q1 24
202.3%
1.2%

Financial Flow Comparison

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

Revenue Breakdown by Segment

GERN
GERN

Segment breakdown not available.

KORE
KORE

Io T Connectivity And Solutions Services$55.9M76%
Hardware Sales$15.4M21%
Deployment Services Professional Services Referral Services And Other$2.5M3%

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