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
DateValue
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