Twist Bioscience (TWST) Tax Rate (2017 - 2026)
Twist Bioscience (TWST) reported Tax Rate of 0.1% for Q1 2026, up 41.0% 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 10 years of Tax Rate data on file, last reported at 0.1% in Q1 2026.
- Tax Rate for Q1 2026 came in at 0.1%, up 41.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.91% (down 70.0% YoY), and the FY2025 annual result was 0.91%, down 62.0% from the prior year.
- Tax Rate advanced to 0.1% in Q1 2026 per TWST's latest filing, from 0.84% in the prior quarter.
- Over five years, Tax Rate peaked at 0.97% in Q2 2025 and troughed at 1.2% in Q1 2023.
- A 5-year average of 0.28% and a median of 0.28% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 1877 bps in 2022, then soared 121 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.18% in 2022, then plunged by 54 bps to 0.28% in 2023, then retreated by 13 bps to 0.32% in 2024, then sank by 163 bps to 0.84% in 2025, then jumped 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 0.89% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Twist Bioscience | 4.30 Bn | 4.30 Bn | 57.12 Mn | -0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |