Geron said quarterly net revenue topped $60 million and plans a commercial sale in Germany before the end of the year. Rytelo reached 1,700 accounts, while first- or second-line patients represented 36% of its patient population.
GERN · Geron Corp
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Geron reported third-quarter net revenue of $60.1 million, maintained 2026 net revenue guidance of $220 million to $240 million, began a gated European launch beginning with Germany, and lowered operating expense guidance to $220 million to $230 million.
Geron Corporation reported third-quarter 2026 RYTELO net product revenue of $60.1 million and net income of $1.4 million, versus a net loss of $18.4 million a year earlier. It initiated a gated RYTELO launch in targeted European markets.
Geron Corporation discontinued the Phase 3 IMpactMF trial of imetelstat after the independent DMC said it was unlikely to meet the overall survival endpoint; no new safety signals required additional monitoring.
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Quarterly results
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. Geron reported Q2 2026 RYTELO net revenue of $57.5M (+17% YoY, +11% QoQ) with 5% demand growth and ~8% more ordering accounts (~1,575), and now expects to land at the mid-to-high end of its $220–240M full-year RYTELO revenue guidance. The company is evaluating a modification to the interim event threshold for the Phase 3 IMpactMF trial, with projected timelines unchanged; first-half operating expenses fell 4% as net revenue rose 24%, and cash stood at ~$327M.
- + RYTELO Q2 net revenue grew 17% YoY and 11% QoQ to $57.5M, with first-half revenue up ~24% YoY.
- + Management now expects to come in at the mid-to-high end of 2026 RYTELO net product revenue guidance of $220–240M.
- + RYTELO demand grew 5% QoQ and ordering accounts rose ~8% to ~1,575, marking a third straight quarter of demand growth.
- + First-half total operating expenses fell 4% while net revenue rose 24%, signaling operating leverage.
- + Balance sheet remains strong with ~$327M in cash and securities, expected to fund operations for the foreseeable future.
- − Gross-to-net deductions rose to 20.7% in Q2 from 15.3% a year ago, narrowing net realized price.
- − Company is evaluating a modification to the interim event threshold for the Phase 3 IMpactMF trial, introducing uncertainty around interim timing, with base case still final OS analysis in H2 2028.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Versus peers
Biotechnology — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GERN
this stock
Geron Corp
|
$622.98M | -26.7% | -82.7% | — | 10.4% |
|
VRTX
Vertex Pharmaceuticals Inc
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$136.56B | +18.8% | +46.2% | 34.7 | 1.9% |
|
REGN
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$98.84B | +23.8% | +20.8% | 21.1 | 2.1% |
|
MRNA
Moderna, Inc.
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$90.38B | +657.4% | +4.3% | — | 8.2% |
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CSLLY
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$66.05B | — | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
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- Nov 10, 2026
- This year
- 22
Geron said quarterly net revenue topped $60 million and plans a commercial sale in Germany before the end of the year. Rytelo reached 1,700 accounts, while first- or second-line patients represented 36% of its patient population.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GERN | -2.3% | -17.4% | -24.5% | +8.1% | -26.7% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -4.9% | -16.2% | -25.0% | +8.3% | -37.4% |