Twist Bioscience (TWST) Operating Expenses (2017 - 2026)
Twist Bioscience's (TWST) quarterly Operating Expenses came in at $154.7 million in Q2 2026, up 22.57% year-over-year from $126.2 million in Q2 2025, and down 1.23% quarter-over-quarter from $156.6 million in Q1 2026.
Analysis
Twist Bioscience (TWST) Operating Expenses (2017 - 2026) Analysis & Trends
Twist Bioscience (TWST) has reported Operating Expenses for 10 consecutive years, with $154.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 22.57% year-over-year to $154.7 million in Q2 2026; TTM through Jun 2026 was $576.8 million, a 14.29% increase from a year earlier, with the FY2025 full-year figure at $512.8 million, down 3.93% from the prior year.
- Operating Expenses was $154.7 million for Q2 2026 at Twist Bioscience, down from $156.6 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 $127.6 million and a median of $123.8 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 57.39% in 2022 and decreased 25.95% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $98.9 million in 2022, then rose by 19.83% to $118.5 million in 2023, then advanced by 4.12% to $123.4 million in 2024, then gained by 10.73% to $136.6 million in 2025, then gained by 13.22% to $154.7 million in 2026.
- The last three Operating Expenses figures came in at $154.7 million (Q2 2026), $156.6 million (Q1 2026), and $136.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 1.43 Bn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 525.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 327.55 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 137.12 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 273.20 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 190.15 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | 132.05 Mn |
| 10 | Twist Bioscience | 8.93 Bn | 8.76 Bn | 62.45 Mn | 154.66 Mn |
Historic Data
Download Data
Historic 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 |