Twist Bioscience (TWST) Operating Expenses (2017 - 2026)
Twist Bioscience (TWST) posted quarterly 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 reported Operating Expenses for 10 consecutive years, with $156.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 16.54% year-over-year to $156.6 million; the TTM figure through Mar 2026 stood at $548.3 million (changed 0.1% YoY), while the FY2025 annual figure was $512.8 million, down 3.93% from the prior year.
- Operating Expenses rose to $156.6 million in Q1 2026 per TWST's latest filing, from $136.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $170.4 million in Q2 2024 and bottomed at $98.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $126.0 million across 5 years, with a median of $123.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 57.39% — and 2025, when it slipped 25.95%.
- Twist Bioscience's Operating Expenses stood at $98.9 million in 2022, then advanced by 19.83% to $118.5 million in 2023, then grew by 4.12% to $123.4 million in 2024, then climbed by 10.73% to $136.6 million in 2025, then gained 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 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Twist Bioscience | 6.99 Bn | 6.82 Bn | 62.45 Mn | 154.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 154.66 Mn |
| 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 |