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 | 234.15 Bn | 230.09 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 19.29% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 0.45% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 19.93% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 18.89% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 19.52% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 22.59% |
| 10 | Twist Bioscience | 9.55 Bn | 9.38 Bn | 62.45 Mn | -0.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -0.99 |
| Dec 31, 2025 | -0.99 |
| Dec 31, 2025 | -0.99 |
| 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 | -0.51 |
| Mar 31, 2025 | -0.51 |
| Mar 31, 2025 | -0.51 |
| Dec 31, 2024 | -0.32 |
| Dec 31, 2024 | -0.32 |