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

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

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

Twist Bioscience has disclosed Gross Margin across 10 years of filings, most recently posting 51.59% for 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 slipped to 51.59% in Q1 2026, from 52.05% in the prior quarter.
  • Over the last five years, Gross Margin for TWST reached as high as 53.4% in Q2 2025 and fell as low as 30.76% in Q1 2023.
  • The 5-year median for Gross Margin is 44.88% (2022), against an average of 44.21%.
  • Annual changes were most pronounced in 2023 — Gross Margin slumped 1045 bps — and 2024, when it surged 1025 bps.
  • A 5-year view of Gross Margin shows it stood at 45.72% in 2022, then fell by 11 bps to 40.51% in 2023, then grew by 19 bps to 48.29% in 2024, then grew by 8 bps to 52.05% in 2025, then slipped by 1 bps to 51.59% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 51.59%, 52.05%, and 51.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 70.37%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 63.35%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 99.91%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 53.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 32.64%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 58.68%
10 Twist Bioscience 6.31 Bn 6.14 Bn 57.12 Mn 51.59%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 40.22%