Twist Bioscience (TWST) Tax Rate (2017 - 2026)

Twist Bioscience (TWST) posted quarterly Tax Rate of 0.1% for Q1 2026, up 41.0% YoY from 0.07% in Q1 2025, and up 88.31% sequentially from 0.84% in Q4 2025.

Twist Bioscience (TWST) Tax Rate (2017 - 2026) Analysis & Trends

Twist Bioscience has disclosed Tax Rate across 10 years of filings, most recently posting 0.1% for Q1 2026.

  • In Q1 2026, Tax Rate rose 41.0% year-over-year to 0.1%; the TTM figure through Mar 2026 stood at 0.91% (down 70.0% YoY), while the FY2025 annual figure was 0.91%, down 62.0% from the prior year.
  • Tax Rate improved to 0.1% in Q1 2026, from 0.84% in the prior quarter.
  • Over the last five years, Tax Rate for TWST reached as high as 0.97% in Q2 2025 and fell as low as 1.2% in Q1 2023.
  • The 5-year median for Tax Rate is 0.28% (2023), against an average of 0.28%.
  • Annual changes were most pronounced in 2022 — Tax Rate slumped 1877 bps — and 2025, when it soared 121 bps.
  • A 5-year view of Tax Rate shows it stood at 0.18% in 2022, then slumped by 54 bps to 0.28% in 2023, then retreated by 13 bps to 0.32% in 2024, then tumbled by 163 bps to 0.84% in 2025, then jumped by 88 bps to 0.1% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.1%, 0.84%, and 0.89% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Twist Bioscience 6.31 Bn 6.14 Bn 57.12 Mn -0.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.10%
Mar 31, 2026 -0.10%
Dec 31, 2025 -0.84%
Dec 31, 2025 -0.84%
Sep 30, 2025 -0.89%
Sep 30, 2025 -0.89%
Jun 30, 2025 0.97%
Jun 30, 2025 0.97%
Mar 31, 2025 -0.51%
Mar 31, 2025 -0.51%
Dec 31, 2024 -0.32%
Dec 31, 2024 -0.32%
Sep 30, 2024 0.29%
Sep 30, 2024 0.29%
Jun 30, 2024 -0.23%
Jun 30, 2024 -0.23%
Mar 31, 2024 -0.76%
Mar 31, 2024 -0.76%
Dec 31, 2023 -0.28%
Dec 31, 2023 -0.28%