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

GERON CORP is the larger business by last-quarter revenue ($47.2M vs $36.5M, roughly 1.3× SmartRent, Inc.). SmartRent, Inc. runs the higher net margin — -8.9% vs -39.0%, a 30.1% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs 3.1%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs -15.0%).

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

Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.

GERN vs SMRT — Head-to-Head

Bigger by revenue
GERN
GERN
1.3× larger
GERN
$47.2M
$36.5M
SMRT
Growing faster (revenue YoY)
GERN
GERN
+63.9% gap
GERN
67.1%
3.1%
SMRT
Higher net margin
SMRT
SMRT
30.1% more per $
SMRT
-8.9%
-39.0%
GERN
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
-15.0%
SMRT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GERN
GERN
SMRT
SMRT
Revenue
$47.2M
$36.5M
Net Profit
$-18.4M
$-3.2M
Gross Margin
38.6%
Operating Margin
-29.4%
-10.9%
Net Margin
-39.0%
-8.9%
Revenue YoY
67.1%
3.1%
Net Profit YoY
30.3%
71.6%
EPS (diluted)
$-0.03
$-0.02

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
SMRT
SMRT
Q4 25
$36.5M
Q3 25
$47.2M
$36.2M
Q2 25
$49.0M
$38.3M
Q1 25
$39.6M
$41.3M
Q4 24
$35.4M
Q3 24
$28.3M
$40.5M
Q2 24
$882.0K
$48.5M
Q1 24
$304.0K
$50.5M
Net Profit
GERN
GERN
SMRT
SMRT
Q4 25
$-3.2M
Q3 25
$-18.4M
$-6.3M
Q2 25
$-16.4M
$-10.9M
Q1 25
$-19.8M
$-40.2M
Q4 24
$-11.4M
Q3 24
$-26.4M
$-9.9M
Q2 24
$-67.4M
$-4.6M
Q1 24
$-55.4M
$-7.7M
Gross Margin
GERN
GERN
SMRT
SMRT
Q4 25
38.6%
Q3 25
26.4%
Q2 25
33.1%
Q1 25
32.8%
Q4 24
28.7%
Q3 24
33.2%
Q2 24
35.7%
Q1 24
38.5%
Operating Margin
GERN
GERN
SMRT
SMRT
Q4 25
-10.9%
Q3 25
-29.4%
-19.4%
Q2 25
-25.4%
-30.5%
Q1 25
-42.2%
-99.9%
Q4 24
-36.6%
Q3 24
-99.8%
-29.0%
Q2 24
-7860.9%
-14.3%
Q1 24
-18465.1%
-20.1%
Net Margin
GERN
GERN
SMRT
SMRT
Q4 25
-8.9%
Q3 25
-39.0%
-17.3%
Q2 25
-33.4%
-28.3%
Q1 25
-50.1%
-97.2%
Q4 24
-32.3%
Q3 24
-93.5%
-24.5%
Q2 24
-7639.8%
-9.5%
Q1 24
-18220.4%
-15.2%
EPS (diluted)
GERN
GERN
SMRT
SMRT
Q4 25
$-0.02
Q3 25
$-0.03
$-0.03
Q2 25
$-0.02
$-0.06
Q1 25
$-0.03
$-0.21
Q4 24
$-0.06
Q3 24
$-0.04
$-0.05
Q2 24
$-0.10
$-0.02
Q1 24
$-0.09
$-0.04

Balance Sheet & Financial Strength

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

Metric
GERN
GERN
SMRT
SMRT
Cash + ST InvestmentsLiquidity on hand
$78.1M
$104.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$248.7M
$232.1M
Total Assets
$567.4M
$320.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GERN
GERN
SMRT
SMRT
Q4 25
$104.5M
Q3 25
$78.1M
$100.0M
Q2 25
$77.7M
$105.0M
Q1 25
$83.7M
$125.6M
Q4 24
$142.5M
Q3 24
$60.3M
$163.4M
Q2 24
$116.9M
$187.4M
Q1 24
$189.8M
$204.7M
Stockholders' Equity
GERN
GERN
SMRT
SMRT
Q4 25
$232.1M
Q3 25
$248.7M
$234.4M
Q2 25
$259.5M
$238.8M
Q1 25
$268.2M
$250.7M
Q4 24
$289.4M
Q3 24
$292.3M
$305.1M
Q2 24
$306.7M
$329.4M
Q1 24
$344.9M
$333.1M
Total Assets
GERN
GERN
SMRT
SMRT
Q4 25
$320.9M
Q3 25
$567.4M
$335.8M
Q2 25
$555.2M
$354.0M
Q1 25
$562.5M
$366.1M
Q4 24
$420.2M
Q3 24
$444.9M
$448.6M
Q2 24
$449.4M
$475.3M
Q1 24
$482.1M
$485.5M

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
SMRT
SMRT
Operating Cash FlowLast quarter
$-13.6M
$7.7M
Free Cash FlowOCF − Capex
$7.7M
FCF MarginFCF / Revenue
21.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-25.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GERN
GERN
SMRT
SMRT
Q4 25
$7.7M
Q3 25
$-13.6M
$-2.1M
Q2 25
$-27.4M
$-14.9M
Q1 25
$-48.0M
$-12.2M
Q4 24
$-12.0M
Q3 24
$-58.9M
$-3.7M
Q2 24
$-53.5M
$-13.9M
Q1 24
$-62.3M
$-3.3M
Free Cash Flow
GERN
GERN
SMRT
SMRT
Q4 25
$7.7M
Q3 25
$-2.2M
Q2 25
$-16.2M
Q1 25
$-14.3M
Q4 24
$-13.3M
Q3 24
$-3.9M
Q2 24
$-53.7M
$-14.1M
Q1 24
$-62.9M
$-3.4M
FCF Margin
GERN
GERN
SMRT
SMRT
Q4 25
21.0%
Q3 25
-6.1%
Q2 25
-42.3%
Q1 25
-34.7%
Q4 24
-37.5%
Q3 24
-9.7%
Q2 24
-6086.6%
-29.1%
Q1 24
-20680.3%
-6.7%
Capex Intensity
GERN
GERN
SMRT
SMRT
Q4 25
0.0%
Q3 25
0.2%
Q2 25
3.3%
Q1 25
5.3%
Q4 24
3.5%
Q3 24
0.0%
0.6%
Q2 24
23.4%
0.5%
Q1 24
202.3%
0.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

GERN
GERN

Segment breakdown not available.

SMRT
SMRT

Hosted Services$18.1M50%
Hardware Service$12.5M34%
Smart Operations Solutions$2.6M7%
Access Control$2.0M5%
Other Smart Communities Solutions$1.3M3%

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