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Side-by-side financial comparison of GERON CORP (GERN) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.

MARINE PRODUCTS CORP is the larger business by last-quarter revenue ($64.6M vs $47.2M, roughly 1.4× GERON CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -39.0%, a 42.7% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs 35.0%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs -3.5%).

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

West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.

GERN vs MPX — Head-to-Head

Bigger by revenue
MPX
MPX
1.4× larger
MPX
$64.6M
$47.2M
GERN
Growing faster (revenue YoY)
GERN
GERN
+32.0% gap
GERN
67.1%
35.0%
MPX
Higher net margin
MPX
MPX
42.7% more per $
MPX
3.7%
-39.0%
GERN
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
-3.5%
MPX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GERN
GERN
MPX
MPX
Revenue
$47.2M
$64.6M
Net Profit
$-18.4M
$2.4M
Gross Margin
19.6%
Operating Margin
-29.4%
5.8%
Net Margin
-39.0%
3.7%
Revenue YoY
67.1%
35.0%
Net Profit YoY
30.3%
-44.6%
EPS (diluted)
$-0.03
$0.07

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
MPX
MPX
Q4 25
$64.6M
Q3 25
$47.2M
$53.1M
Q2 25
$49.0M
$67.7M
Q1 25
$39.6M
$59.0M
Q4 24
$47.8M
Q3 24
$28.3M
$49.9M
Q2 24
$882.0K
$69.5M
Q1 24
$304.0K
$69.3M
Net Profit
GERN
GERN
MPX
MPX
Q4 25
$2.4M
Q3 25
$-18.4M
$2.6M
Q2 25
$-16.4M
$4.2M
Q1 25
$-19.8M
$2.2M
Q4 24
$4.3M
Q3 24
$-26.4M
$3.4M
Q2 24
$-67.4M
$5.6M
Q1 24
$-55.4M
$4.6M
Gross Margin
GERN
GERN
MPX
MPX
Q4 25
19.6%
Q3 25
19.2%
Q2 25
19.1%
Q1 25
18.6%
Q4 24
19.2%
Q3 24
18.4%
Q2 24
18.9%
Q1 24
20.2%
Operating Margin
GERN
GERN
MPX
MPX
Q4 25
5.8%
Q3 25
-29.4%
5.4%
Q2 25
-25.4%
7.1%
Q1 25
-42.2%
4.4%
Q4 24
7.7%
Q3 24
-99.8%
7.2%
Q2 24
-7860.9%
8.3%
Q1 24
-18465.1%
7.6%
Net Margin
GERN
GERN
MPX
MPX
Q4 25
3.7%
Q3 25
-39.0%
5.0%
Q2 25
-33.4%
6.1%
Q1 25
-50.1%
3.7%
Q4 24
8.9%
Q3 24
-93.5%
6.8%
Q2 24
-7639.8%
8.0%
Q1 24
-18220.4%
6.6%
EPS (diluted)
GERN
GERN
MPX
MPX
Q4 25
$0.07
Q3 25
$-0.03
$0.07
Q2 25
$-0.02
$0.12
Q1 25
$-0.03
$0.06
Q4 24
$0.13
Q3 24
$-0.04
$0.10
Q2 24
$-0.10
$0.14
Q1 24
$-0.09
$0.13

Balance Sheet & Financial Strength

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

Metric
GERN
GERN
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$78.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$248.7M
$125.0M
Total Assets
$567.4M
$147.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GERN
GERN
MPX
MPX
Q4 25
Q3 25
$78.1M
Q2 25
$77.7M
Q1 25
$83.7M
Q4 24
Q3 24
$60.3M
Q2 24
$116.9M
Q1 24
$189.8M
Stockholders' Equity
GERN
GERN
MPX
MPX
Q4 25
$125.0M
Q3 25
$248.7M
$126.3M
Q2 25
$259.5M
$127.2M
Q1 25
$268.2M
$126.4M
Q4 24
$129.0M
Q3 24
$292.3M
$128.8M
Q2 24
$306.7M
$129.3M
Q1 24
$344.9M
$151.4M
Total Assets
GERN
GERN
MPX
MPX
Q4 25
$147.2M
Q3 25
$567.4M
$179.5M
Q2 25
$555.2M
$173.2M
Q1 25
$562.5M
$182.9M
Q4 24
$171.2M
Q3 24
$444.9M
$176.3M
Q2 24
$449.4M
$175.7M
Q1 24
$482.1M
$204.0M

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
MPX
MPX
Operating Cash FlowLast quarter
$-13.6M
$4.7M
Free Cash FlowOCF − Capex
$4.1M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GERN
GERN
MPX
MPX
Q4 25
$4.7M
Q3 25
$-13.6M
$2.6M
Q2 25
$-27.4M
$-1.6M
Q1 25
$-48.0M
$10.8M
Q4 24
$4.6M
Q3 24
$-58.9M
$5.1M
Q2 24
$-53.5M
$3.8M
Q1 24
$-62.3M
$15.9M
Free Cash Flow
GERN
GERN
MPX
MPX
Q4 25
$4.1M
Q3 25
$2.1M
Q2 25
$-2.0M
Q1 25
$10.7M
Q4 24
$3.6M
Q3 24
$3.2M
Q2 24
$-53.7M
$3.0M
Q1 24
$-62.9M
$15.0M
FCF Margin
GERN
GERN
MPX
MPX
Q4 25
6.4%
Q3 25
4.0%
Q2 25
-3.0%
Q1 25
18.1%
Q4 24
7.6%
Q3 24
6.5%
Q2 24
-6086.6%
4.4%
Q1 24
-20680.3%
21.7%
Capex Intensity
GERN
GERN
MPX
MPX
Q4 25
0.9%
Q3 25
0.8%
Q2 25
0.6%
Q1 25
0.2%
Q4 24
2.1%
Q3 24
0.0%
3.8%
Q2 24
23.4%
1.1%
Q1 24
202.3%
1.3%
Cash Conversion
GERN
GERN
MPX
MPX
Q4 25
2.00×
Q3 25
0.97×
Q2 25
-0.39×
Q1 25
4.88×
Q4 24
1.09×
Q3 24
1.51×
Q2 24
0.68×
Q1 24
3.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GERN
GERN

Segment breakdown not available.

MPX
MPX

Boats And Accessories$63.4M98%
Parts$1.1M2%

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