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

Twist Bioscience (TWST) posted quarterly Tax Rate of 0.1% for Q1 2026, up 35.0% year-over-year from 0.07% in Q1 2025, and up 88.31% quarter-over-quarter from 0.84% in Q4 2025.

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

Twist Bioscience (TWST) has reported Tax Rate for 10 consecutive years, with 0.1% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 35.0% year-over-year to 0.1%; the TTM figure through Mar 2026 stood at 0.89% (down 69.0% YoY), while the FY2025 annual figure was 0.93%, down 67.0% from the prior year.
  • Tax Rate rose to 0.1% in Q1 2026 per TWST's latest filing, from 0.84% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.97% in Q2 2025 and bottomed at 1.2% in Q1 2023.
  • Historically, Tax Rate has averaged 0.27% across 5 years, with a median of 0.23% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate plunged 1877 bps — and 2025, when it soared 120 bps.
  • Twist Bioscience's Tax Rate stood at 0.18% in 2022, then slipped by 28 bps to 0.23% in 2023, then slumped by 36 bps to 0.32% in 2024, then slumped by 163 bps to 0.84% in 2025, then surged by 88 bps to 0.1% in 2026.
  • Business Quant data shows TWST's Tax Rate at 0.1% in Q1 2026, 0.84% in Q4 2025, and 0.81% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 8.68%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 19.29%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 18.89%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 19.93%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -0.35%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 19.52%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 21.36%
10 Twist Bioscience 7.18 Bn 7.02 Bn 62.45 Mn -0.90%

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.90%
Jun 30, 2026 -0.90%
Jun 30, 2026 -0.90%
Mar 31, 2026 -0.10%
Mar 31, 2026 -0.10%
Mar 31, 2026 -0.10%
Dec 31, 2025 -0.84%
Dec 31, 2025 -0.84%
Dec 31, 2025 -0.84%
Sep 30, 2025 -0.81%
Sep 30, 2025 -0.81%
Sep 30, 2025 -0.81%
Jun 30, 2025 0.97%
Jun 30, 2025 0.97%
Jun 30, 2025 0.97%
Mar 31, 2025 -0.45%
Mar 31, 2025 -0.45%
Mar 31, 2025 -0.45%
Dec 31, 2024 -0.32%
Dec 31, 2024 -0.32%