Twist Bioscience (TWST) Gross Margin (2017 - 2026)
Twist Bioscience's (TWST) quarterly Gross Margin came in at 52.76% in Q2 2026, down 64.0% year-over-year from 146.55% in Q2 2025, and up 2.26% quarter-over-quarter from 51.59% in Q1 2026.
Analysis
Twist Bioscience (TWST) Gross Margin (2017 - 2026) Analysis & Trends
Twist Bioscience (TWST) has reported Gross Margin for 10 consecutive years, with 52.76% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 64.0% year-over-year to 52.76% in Q2 2026; TTM through Jun 2026 was 51.97%, a 272.0% increase from a year earlier, with the FY2025 full-year figure at 50.72%, up 811.0% from the prior year.
- Gross Margin was 52.76% for Q2 2026 at Twist Bioscience, up from 51.59% 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 44.69% and a median of 45.01% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 1045 bps in 2023 and jumped 1025 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 45.72% in 2022, then declined by 11 bps to 40.51% in 2023, then climbed by 19 bps to 48.29% in 2024, then climbed by 8 bps to 52.05% in 2025, then advanced by 1 bps to 52.76% in 2026.
- The last three Gross Margin figures came in at 52.76% (Q2 2026), 51.59% (Q1 2026), and 52.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 57.64% |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 55.48% |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 66.44% |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 57.13% |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 65.82% |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 53.12% |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 53.91% |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | 74.48% |
| 10 | Twist Bioscience | 8.93 Bn | 8.76 Bn | 62.45 Mn | 52.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |