vs

Side-by-side financial comparison of GERON CORP (GERN) and VIRCO MFG CORPORATION (VIRC). Click either name above to swap in a different company.

VIRCO MFG CORPORATION is the larger business by last-quarter revenue ($47.6M vs $47.2M, roughly 1.0× GERON CORP). VIRCO MFG CORPORATION runs the higher net margin — -2.8% vs -39.0%, a 36.2% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs -42.3%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% CAGR vs 5.7%).

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

The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.

GERN vs VIRC — Head-to-Head

Bigger by revenue
VIRC
VIRC
1.0× larger
VIRC
$47.6M
$47.2M
GERN
Growing faster (revenue YoY)
GERN
GERN
+109.4% gap
GERN
67.1%
-42.3%
VIRC
Higher net margin
VIRC
VIRC
36.2% more per $
VIRC
-2.8%
-39.0%
GERN
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
5.7%
VIRC

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
GERN
GERN
VIRC
VIRC
Revenue
$47.2M
$47.6M
Net Profit
$-18.4M
$-1.3M
Gross Margin
38.0%
Operating Margin
-29.4%
-3.6%
Net Margin
-39.0%
-2.8%
Revenue YoY
67.1%
-42.3%
Net Profit YoY
30.3%
-115.8%
EPS (diluted)
$-0.03
$-0.08

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
VIRC
VIRC
Q4 25
$47.6M
Q3 25
$47.2M
$92.1M
Q2 25
$49.0M
$33.8M
Q1 25
$39.6M
$28.5M
Q4 24
$82.6M
Q3 24
$28.3M
$108.4M
Q2 24
$882.0K
$46.7M
Q1 24
$304.0K
$42.6M
Net Profit
GERN
GERN
VIRC
VIRC
Q4 25
$-1.3M
Q3 25
$-18.4M
$10.2M
Q2 25
$-16.4M
$732.0K
Q1 25
$-19.8M
$-5.7M
Q4 24
$8.4M
Q3 24
$-26.4M
$16.8M
Q2 24
$-67.4M
$2.1M
Q1 24
$-55.4M
$-2.3M
Gross Margin
GERN
GERN
VIRC
VIRC
Q4 25
38.0%
Q3 25
44.4%
Q2 25
47.5%
Q1 25
26.2%
Q4 24
44.4%
Q3 24
46.3%
Q2 24
43.5%
Q1 24
37.7%
Operating Margin
GERN
GERN
VIRC
VIRC
Q4 25
-3.6%
Q3 25
-29.4%
16.7%
Q2 25
-25.4%
-0.3%
Q1 25
-42.2%
-28.5%
Q4 24
13.5%
Q3 24
-99.8%
20.2%
Q2 24
-7860.9%
6.4%
Q1 24
-18465.1%
-6.5%
Net Margin
GERN
GERN
VIRC
VIRC
Q4 25
-2.8%
Q3 25
-39.0%
11.1%
Q2 25
-33.4%
2.2%
Q1 25
-50.1%
-20.1%
Q4 24
10.2%
Q3 24
-93.5%
15.5%
Q2 24
-7639.8%
4.6%
Q1 24
-18220.4%
-5.5%
EPS (diluted)
GERN
GERN
VIRC
VIRC
Q4 25
$-0.08
Q3 25
$-0.03
$0.65
Q2 25
$-0.02
$0.05
Q1 25
$-0.03
$-0.37
Q4 24
$0.52
Q3 24
$-0.04
$1.04
Q2 24
$-0.10
$0.13
Q1 24
$-0.09
$-0.14

Balance Sheet & Financial Strength

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

Metric
GERN
GERN
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
$78.1M
Total DebtLower is stronger
$3.9M
Stockholders' EquityBook value
$248.7M
$113.6M
Total Assets
$567.4M
$181.5M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GERN
GERN
VIRC
VIRC
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
$5.3M
Total Debt
GERN
GERN
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
GERN
GERN
VIRC
VIRC
Q4 25
$113.6M
Q3 25
$248.7M
$115.4M
Q2 25
$259.5M
$105.6M
Q1 25
$268.2M
$109.3M
Q4 24
$115.9M
Q3 24
$292.3M
$107.8M
Q2 24
$306.7M
$91.6M
Q1 24
$344.9M
$91.2M
Total Assets
GERN
GERN
VIRC
VIRC
Q4 25
$181.5M
Q3 25
$567.4M
$198.6M
Q2 25
$555.2M
$183.8M
Q1 25
$562.5M
$191.9M
Q4 24
$210.1M
Q3 24
$444.9M
$216.3M
Q2 24
$449.4M
$152.5M
Q1 24
$482.1M
$146.4M
Debt / Equity
GERN
GERN
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

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
VIRC
VIRC
Operating Cash FlowLast quarter
$-13.6M
$25.8M
Free Cash FlowOCF − Capex
$24.5M
FCF MarginFCF / Revenue
51.5%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GERN
GERN
VIRC
VIRC
Q4 25
$25.8M
Q3 25
$-13.6M
$3.2M
Q2 25
$-27.4M
$-19.0M
Q1 25
$-48.0M
$-8.3M
Q4 24
$33.5M
Q3 24
$-58.9M
$12.5M
Q2 24
$-53.5M
$-4.5M
Q1 24
$-62.3M
$4.7M
Free Cash Flow
GERN
GERN
VIRC
VIRC
Q4 25
$24.5M
Q3 25
$1.8M
Q2 25
$-21.5M
Q1 25
$-9.2M
Q4 24
$31.0M
Q3 24
$10.7M
Q2 24
$-53.7M
$-5.6M
Q1 24
$-62.9M
$4.0M
FCF Margin
GERN
GERN
VIRC
VIRC
Q4 25
51.5%
Q3 25
2.0%
Q2 25
-63.6%
Q1 25
-32.4%
Q4 24
37.5%
Q3 24
9.8%
Q2 24
-6086.6%
-12.0%
Q1 24
-20680.3%
9.5%
Capex Intensity
GERN
GERN
VIRC
VIRC
Q4 25
2.7%
Q3 25
1.5%
Q2 25
7.2%
Q1 25
3.3%
Q4 24
3.0%
Q3 24
0.0%
1.7%
Q2 24
23.4%
2.3%
Q1 24
202.3%
1.5%
Cash Conversion
GERN
GERN
VIRC
VIRC
Q4 25
Q3 25
0.31×
Q2 25
-26.00×
Q1 25
Q4 24
3.98×
Q3 24
0.74×
Q2 24
-2.11×
Q1 24

Financial Flow Comparison

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

Related Comparisons