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| 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% |