Twist Bioscience (TWST) Accumulated Expenses (2018 - 2025)
Twist Bioscience's Accumulated Expenses was $23.41 million in fiscal Q1 2026 (quarter ended Dec 31, 2025), up 16.3% from $20.13 million a year earlier and up 1.5% from the prior quarter.
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Analysis
Twist Bioscience (TWST) Accumulated Expenses (2018 - 2025) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Accumulated Expenses at Twist Bioscience came in at $23.05 million, up 52.6% from FY2024.
- Accumulated Expenses has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 42.7% (FY2020 to FY2025).
- In earlier fiscal years, Accumulated Expenses was $15.1 million in FY2024 (+40.5%), $10.75 million in FY2023 (+5.8%), $10.17 million in FY2022 (+58.0%) and $6.44 million in FY2021 (+65.0%).
- The fiscal Q1 2026 figure marks the highest quarterly Accumulated Expenses in data going back to fiscal Q4 2018.
- Compared with a year earlier, Accumulated Expenses has increased for 11 straight quarters, with growth averaging 36.8% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was fiscal Q2 2022 (growth of 387.2%); the worst was fiscal Q2 2023 (a decline of 30.0%).
- Per Business Quant data, TWST's Accumulated Expenses in the three fiscal quarters before Q1 2026 was $23.05 million (Q4 2025), $19.54 million (Q3 2025) and $19.57 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn |
| 10 | Twist Bioscience | 10.01 Bn | 9.25 Bn | 62.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 23.41 Mn |
| Sep 30, 2025 | 23.05 Mn |
| Jun 30, 2025 | 19.54 Mn |
| Mar 31, 2025 | 19.57 Mn |
| Dec 31, 2024 | 20.13 Mn |
| Sep 30, 2024 | 15.10 Mn |
| Jun 30, 2024 | 14.84 Mn |
| Mar 31, 2024 | 14.51 Mn |
| Dec 31, 2023 | 13.96 Mn |
| Sep 30, 2023 | 10.75 Mn |
| Jun 30, 2023 | 10.31 Mn |
| Mar 31, 2023 | 11.16 Mn |
| Dec 31, 2022 | 10.40 Mn |
| Sep 30, 2022 | 10.17 Mn |
| Jun 30, 2022 | 9.50 Mn |
| Mar 31, 2022 | 15.94 Mn |
| Dec 31, 2021 | 11.69 Mn |
| Sep 30, 2021 | 6.44 Mn |
| Jun 30, 2021 | 4.87 Mn |
| Mar 31, 2021 | 3.27 Mn |
API Access
Twist Bioscience Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TWST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "TWST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TWST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();