Twist Bioscience (TWST) Gross Margin (2017 - 2026)
Twist Bioscience (TWST) reported 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 10 years of Gross Margin data on file, last reported at 51.59% in Q1 2026.
- Gross Margin for Q1 2026 came in at 51.59%, up 199.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.07% (up 537.0% YoY), and the FY2025 annual result was 50.72%, up 811.0% from the prior year.
- Gross Margin fell to 51.59% in Q1 2026 per TWST's latest filing, from 52.05% in the prior quarter.
- Over five years, Gross Margin peaked at 53.4% in Q2 2025 and troughed at 30.76% in Q1 2023.
- A 5-year average of 44.21% and a median of 44.88% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 1045 bps in 2023, then surged 1025 bps in 2024.
- 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 53.95% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 99.91% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 58.68% |
| 10 | Twist Bioscience | 4.30 Bn | 4.30 Bn | 57.12 Mn | 51.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |