Twist Bioscience Corporation financials
Source: EDGAR filings · Built 2026-06-02T04:14:29Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -75.63M | -69.17M | -170.25M | -226.24M | -139.31M | -152.12M |
| EBITDA | -111.41M | -189.40M | -187.85M | -218.26M | -142.98M | -133.40M |
| Working Capital | 241.56M | 275.77M | 350.93M | 505.82M | 483.44M | 298.84M |
| Net Debt | -107.48M | -141.29M | -192.40M | -283.77M | -402.91M | -57.69M |
| Gross Margin | 50.72% | 42.61% | 36.61% | 41.38% | 39.08% | 31.85% |
| Operating Margin | -36.18% | -70.56% | -88.60% | -115.33% | -115.41% | -155.47% |
| Net Margin | -20.63% | -66.69% | -83.48% | -107.02% | -114.94% | -155.31% |
| Return on Equity (ROE) | -16.42% | -44.16% | -32.82% | -27.60% | -26.19% | -41.61% |
| Return on Assets (ROA) | -12.10% | -33.98% | -26.35% | -22.66% | -21.66% | -35.08% |
| Current Ratio | 3.64× | 4.88× | 5.79× | 6.58× | 8.67× | 9.29× |
| Debt-to-Equity | 0.16× | 0.18× | 0.15× | 0.12× | 0.11× | 0.11× |
| Effective Tax Rate | -0.93% | -0.27% | -0.57% | 4.56% | 1.25% | -0.27% |
| Cash Conversion Ratio | 0.61× | 0.31× | 0.70× | 0.57× | 0.74× | 1.02× |
| Accruals Ratio | -0.05× | -0.24× | -0.08× | -0.10× | -0.06× | 0.01× |
| SBC % of Revenue | 17.12% | 16.27% | 12.35% | 39.13% | 27.96% | 18.97% |
| CapEx Coverage | -1.70× | -12.63× | -5.13× | -1.22× | -4.15× | -14.42× |
| Free Cash Flow Per Share | $-1.26 | $-1.19 | $-2.99 | $-4.20 | $-2.89 | $-3.88 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cost of Revenue | 185.57M | 179.63M | 155.38M | 119.33M | 80.62M | 61.41M |
| Research and Development Expense | 80.28M | 90.85M | 106.89M | 120.31M | 69.07M | 43.01M |
| Selling, General and Administrative Expense | 246.98M | 218.40M | 189.74M | 212.95M | 135.90M | 103.27M |
| Operating Income (Loss) | -136.26M | -220.83M | -217.16M | -234.78M | -152.73M | -140.08M |
| Income Tax Expense (Benefit) | 719.00K | 560.00K | 1.15M | -10.41M | -1.93M | 382.00K |
| Net Income (Loss) Attributable to Parent | -77.67M | -208.73M | -204.62M | -217.86M | -152.10M | -139.93M |
| Earnings Per Share, Basic | $-1.30 | $-3.60 | $-3.60 | $-4.04 | $-3.15 | $-3.57 |
| Weighted Average Number of Shares Outstanding, Basic | 59.81M | 58.02M | 56.88M | 53.88M | 48.25M | 39.19M |
| Earnings Per Share, Diluted | $-1.30 | $-3.60 | $-3.60 | $-4.04 | $-3.15 | $-3.57 |
| Weighted Average Number of Shares Outstanding, Diluted | 59.81M | 58.02M | 56.88M | 53.88M | 48.25M | 39.19M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 183.05M | 226.32M | 286.47M | 378.69M | 465.83M | 93.67M |
| Assets, Current | 332.97M | 346.78M | 424.26M | 596.48M | 546.50M | 334.87M |
| Assets | 641.86M | 614.32M | 776.40M | 961.38M | 702.10M | 398.88M |
| Long-term Debt | — | — | — | — | — | 4.17M |
| Liabilities, Current | 91.41M | 71.01M | 73.32M | 90.66M | 63.05M | 36.03M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | 1.40M |
| Liabilities | 168.90M | 141.63M | 152.97M | 171.99M | 121.28M | 62.62M |
| Stockholders' Equity Attributable to Parent | 472.96M | 472.69M | 623.43M | 789.38M | 580.82M | 336.26M |
| Common Stock, Shares, Outstanding | 60.63M | 58.88M | 57.56M | 56.52M | 49.50M | 45.08M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -47.63M | -64.09M | -142.47M | -124.39M | -112.24M | -142.25M |
| Payments to Acquire Property, Plant, and Equipment | 28.00M | 5.08M | 27.78M | 101.86M | 27.06M | 9.87M |
| Net Cash Provided by (Used in) Investing Activities | -24.76M | -3.07M | 50.61M | -232.93M | 156.16M | -114.65M |
| Net Cash Provided by (Used in) Financing Activities | 28.54M | 6.89M | 911.00K | 270.53M | 329.18M | 303.73M |
Derived Metrics
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -60.23M | -34.79M | -24.24M | -51.39M | -40.83M | -23.70M |
| EBITDA | — | -26.71M | -23.93M | — | — | -28.26M |
| Working Capital | 203.46M | 223.44M | 241.56M | 252.71M | 263.47M | 275.66M |
| Net Debt | -26.83M | -50.54M | -107.48M | -123.22M | -130.14M | -138.79M |
| Gross Margin | 51.59% | 52.05% | 51.35% | 53.40% | 49.60% | 48.29% |
| Operating Margin | -41.42% | -31.73% | -30.23% | -31.36% | -44.79% | -39.05% |
| Net Margin | -39.76% | -29.42% | -27.41% | 21.23% | -42.38% | -35.61% |
| Return on Equity (ROE) | -9.67% | -6.69% | -5.74% | 4.26% | -8.94% | -6.93% |
| Return on Assets (ROA) | -6.51% | -4.78% | -4.23% | 3.17% | -6.60% | -5.19% |
| Current Ratio | 2.70× | 3.78× | 3.64× | 3.90× | 4.51× | 4.96× |
| Debt-to-Equity | 0.21× | 0.21× | 0.16× | 0.16× | 0.18× | 0.18× |
| Effective Tax Rate | -0.10% | -0.84% | -0.96% | 0.93% | -0.45% | -0.31% |
| Cash Conversion Ratio | 0.96× | 0.81× | 0.44× | -1.76× | 0.88× | 0.68× |
| Accruals Ratio | -0.00× | -0.01× | -0.02× | 0.09× | -0.01× | -0.02× |
| SBC % of Revenue | 29.09% | 12.80% | 16.24% | 50.36% | 34.83% | 13.52% |
| CapEx Coverage | -2.37× | -2.49× | -0.95× | -2.30× | -5.37× | -9.45× |
| Free Cash Flow Per Share | $-0.98 | $-0.57 | $-0.41 | $-0.84 | $-0.68 | $-0.40 |
Valuation Metrics
Income Statement
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cost of Revenue | 53.59M | 49.73M | 48.17M | 44.76M | 46.77M | 45.87M |
| Research and Development Expense | 19.70M | 17.13M | 17.01M | 18.05M | 23.92M | 21.31M |
| Selling, General and Administrative Expense | 76.08M | 69.74M | 63.76M | 63.37M | 63.67M | 56.18M |
| Operating Income (Loss) | -45.86M | -32.90M | -29.93M | -30.12M | -41.56M | -34.64M |
| Income Tax Expense (Benefit) | 43.00K | 253.00K | 257.00K | 191.00K | 175.00K | 97.00K |
| Net Income (Loss) Attributable to Parent | -44.02M | -30.51M | -27.14M | 20.39M | -39.33M | -31.59M |
| Earnings Per Share, Basic | $-0.71 | $-0.50 | $-0.45 | $0.34 | $-0.66 | $-0.53 |
| Weighted Average Number of Shares Outstanding, Basic | 61.70M | 61.08M | 59.81M | 59.99M | 59.65M | 59.16M |
| Earnings Per Share, Diluted | $-0.71 | $-0.50 | $-0.45 | $0.33 | $-0.66 | $-0.53 |
| Weighted Average Number of Shares Outstanding, Diluted | 61.70M | 61.08M | 59.81M | 61.16M | 59.65M | 59.16M |
Balance Sheet
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 122.67M | 148.59M | 183.05M | 201.37M | 210.44M | 221.40M |
| Assets, Current | 323.44M | 303.88M | 332.97M | 339.78M | 338.44M | 345.31M |
| Assets | 676.21M | 638.09M | 641.86M | 643.61M | 595.62M | 608.58M |
| Liabilities, Current | 119.98M | 80.44M | 91.41M | 87.07M | 74.98M | 69.65M |
| Liabilities | 221.12M | 181.99M | 168.90M | 165.41M | 155.51M | 152.64M |
| Stockholders' Equity Attributable to Parent | 455.09M | 456.10M | 472.96M | 478.20M | 440.11M | 455.94M |
| Common Stock, Shares, Outstanding | 62.15M | 61.27M | 60.63M | 60.17M | 59.86M | 59.58M |
Cash Flow Statement
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -42.37M | -24.81M | -11.81M | -35.81M | -34.41M | -21.43M |
| Payments to Acquire Property, Plant, and Equipment | 17.86M | 9.97M | 12.43M | 15.58M | 6.41M | 2.27M |
| Net Cash Provided by (Used in) Investing Activities | -22.64M | -9.93M | -12.40M | -12.36M | -2.96M | -1.54M |
| Net Cash Provided by (Used in) Financing Activities | 4.44M | 298.00K | 5.57M | 22.97M | 21.14M | 17.94M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TWST CIK 0001581280),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.