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
DateValue
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