Twist Bioscience (TWST) Tax Rate (2017 - 2025)

Twist Bioscience (TWST) has disclosed Tax Rate for 6 consecutive years, with 0.33% as the latest value for Q3 2023.

  • On a quarterly basis, Tax Rate rose 92.0% to 0.33% in Q3 2023 year-over-year; TTM through Sep 2023 was 0.59%, a 515.0% decrease, with the full-year FY2025 number at 0.91%, down 62.0% from a year prior.
  • Tax Rate was 0.33% for Q3 2023 at Twist Bioscience, up from 1.06% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 18.59% in Q4 2021 to a low of 1.16% in Q1 2023.
  • A 5-year average of 0.97% and a median of 0.18% in 2022 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: surged 1873bps in 2021, then plummeted -1877bps in 2022.
  • Twist Bioscience's Tax Rate stood at 0.07% in 2019, then tumbled by -110bps to 0.14% in 2020, then soared by 13378bps to 18.59% in 2021, then plummeted by -101bps to 0.18% in 2022, then soared by 280bps to 0.33% in 2023.
  • Per Business Quant, the three most recent readings for TWST's Tax Rate are 0.33% (Q3 2023), 1.06% (Q2 2023), and 1.16% (Q1 2023).