Twist Bioscience (TWST) Operating Expenses (2017 - 2026)
Twist Bioscience (TWST) reported Operating Expenses of $156.6 million for Q1 2026, up 16.54% year-over-year from $134.4 million in Q1 2025, and up 14.63% quarter-over-quarter from $136.6 million in Q4 2025.
Twist Bioscience (TWST) Operating Expenses (2017 - 2026) Analysis & Trends
Twist Bioscience (TWST) has 10 years of Operating Expenses data on file, last reported at $156.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $156.6 million, up 16.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $548.3 million (changed 0.1% YoY), and the FY2025 annual result was $512.8 million, down 3.93% from the prior year.
- Operating Expenses advanced to $156.6 million in Q1 2026 per TWST's latest filing, from $136.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $170.4 million in Q2 2024 and troughed at $98.9 million in Q4 2022.
- A 5-year average of $126.0 million and a median of $123.4 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 57.39% in 2022, then slipped 25.95% in 2025.
- A 5-year view of Operating Expenses shows it stood at $98.9 million in 2022, then gained by 19.83% to $118.5 million in 2023, then climbed by 4.12% to $123.4 million in 2024, then advanced by 10.73% to $136.6 million in 2025, then rose by 14.63% to $156.6 million in 2026.
- Business Quant data shows TWST's Operating Expenses at $156.6 million in Q1 2026, $136.6 million in Q4 2025, and $128.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 553.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 790.16 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Twist Bioscience | 4.30 Bn | 4.30 Bn | 57.12 Mn | 156.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 156.58 Mn |
| Dec 31, 2025 | 136.60 Mn |
| Sep 30, 2025 | 128.94 Mn |
| Jun 30, 2025 | 126.18 Mn |
| Mar 31, 2025 | 134.35 Mn |
| Dec 31, 2024 | 123.36 Mn |
| Sep 30, 2024 | 120.75 Mn |
| Jun 30, 2024 | 170.39 Mn |
| Mar 31, 2024 | 124.19 Mn |
| Dec 31, 2023 | 118.48 Mn |
| Sep 30, 2023 | 117.06 Mn |
| Jun 30, 2023 | 124.52 Mn |
| Mar 31, 2023 | 121.82 Mn |
| Dec 31, 2022 | 98.87 Mn |
| Sep 30, 2022 | 114.18 Mn |
| Jun 30, 2022 | 117.28 Mn |
| Mar 31, 2022 | 108.93 Mn |
| Dec 31, 2021 | 97.96 Mn |
| Sep 30, 2021 | 77.76 Mn |
| Jun 30, 2021 | 77.14 Mn |