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| 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% |