Twist Bioscience (TWST) Gross Margin (2017 - 2026)

Twist Bioscience (TWST) posted quarterly Gross Margin of 51.59% for Q1 2026, up 199.0% year-over-year from 17.26% in Q1 2025, and down 0.87% quarter-over-quarter from 52.05% in Q4 2025.

Twist Bioscience (TWST) Gross Margin (2017 - 2026) Analysis & Trends

Twist Bioscience (TWST) has reported Gross Margin for 10 consecutive years, with 51.59% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 199.0% year-over-year to 51.59%; the TTM figure through Mar 2026 stood at 52.07% (up 537.0% YoY), while the FY2025 annual figure was 50.72%, up 811.0% from the prior year.
  • Gross Margin eased to 51.59% in Q1 2026 per TWST's latest filing, from 52.05% in the prior quarter.
  • Across five years, Gross Margin topped out at 53.4% in Q2 2025 and bottomed at 30.76% in Q1 2023.
  • Historically, Gross Margin has averaged 44.21% across 5 years, with a median of 44.88% in 2022.
  • Annual changes were most pronounced in 2023 — Gross Margin plunged 1045 bps — and 2024, when it surged 1025 bps.
  • Twist Bioscience's Gross Margin stood at 45.72% in 2022, then retreated by 11 bps to 40.51% in 2023, then increased by 19 bps to 48.29% in 2024, then increased by 8 bps to 52.05% in 2025, then dropped by 1 bps to 51.59% in 2026.
  • Business Quant data shows TWST's Gross Margin at 51.59% in Q1 2026, 52.05% in Q4 2025, and 51.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 69.57%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 57.64%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 64.04%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 53.95%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 32.85%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 99.91%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 66.44%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 63.29%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 33.75%
10 Twist Bioscience 7.18 Bn 7.02 Bn 62.45 Mn 52.76%

Historic Data

Download Data
DateValue
Jun 30, 2026 52.76%
Mar 31, 2026 51.59%
Dec 31, 2025 52.05%
Sep 30, 2025 51.35%
Jun 30, 2025 53.40%
Mar 31, 2025 49.60%
Dec 31, 2024 48.29%
Sep 30, 2024 45.13%
Jun 30, 2024 43.30%
Mar 31, 2024 41.01%
Dec 31, 2023 40.51%
Sep 30, 2023 36.63%
Jun 30, 2023 34.35%
Mar 31, 2023 30.76%
Dec 31, 2022 45.72%
Sep 30, 2022 44.88%
Jun 30, 2022 44.80%
Mar 31, 2022 38.26%
Dec 31, 2021 35.61%
Sep 30, 2021 40.72%