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Ginkgo Bioworks DNA Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin-210.7%-18.7pp-192%+7.5pp-199.5%-61.1pp-138.3%+65.2pp-203.5%+43.0pp
Net margin-215.4%-20.0pp-195.4%+3.7pp-199.1%-56.3pp-142.8%+64.9pp-207.7%+33.3pp
EBITDA margin-170.3%-15.2pp-155.1%+8.6pp-163.7%-54.4pp-109.3%+65.6pp-175%+43.8pp
Free cash flow margin-119%-7.4pp-111.7%-1.9pp-109.8%+14.4pp-124.2%+27.7pp-151.9%+16.4pp
Returns
Return on equity-55.8%-4.7pp-51.1%-1.1pp-50%-6.4pp-43.6%+14.2pp-57.8%+2.6pp
Return on assets-26.2%-1.1pp-25%+0.4pp-25.4%-3.4pp-22.1%+10.8pp-32.8%+3.1pp
Return on invested capital-42.8%+4.0pp-46.8%+1.6pp-48.3%+8.7pp-57%+30.2pp-87.2%+33.4pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.2×0.0×0.2×0.0×
Liquidity
Current ratio5.2×+0.2×4.9×+0.5×4.4×-1.0×5.4×+0.5×4.9×-0.7×
Quick ratio5.2×+0.2×4.9×+0.5×4.4×-1.0×5.4×+0.5×4.9×-0.7×
Cash ratio2.4×+0.2×2.2×+0.9×1.4×-1.2×2.6×-0.5×3.1×-2.6×
Leverage
Debt-to-equity0.9×+0.1×0.9×+0.1×0.8×+0.1×0.7×0.0×0.7×0.0×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.3×0.0×0.3×0.0×
Valuation
Market capitalization$625.16M+24.6%$503.5M-41.7%$863.13M+60.5%$537.91M+62.6%$330.79M-41.4%
Enterprise value$847.19M+45.9%$731.02M-35.3%$1.13B+57.8%$715.38M+74.5%$409.95M-3.9%
Price / sales4.4×+2.2×3.1×-1.9×5.1×+2.6×2.4×+1.0×1.5×-1.0×
Price / book1.4×+0.6×-0.6×1.5×+0.7×0.9×+0.4×0.5×-0.3×
EV / sales+3.4×4.6×-2.1×6.6×+3.4×3.2×+1.4×1.8×-0.1×
Free cash flow yield-26.9%+41.9pp-35.5%-13.8pp-21.7%+29.3pp-51%+53.4pp-104.4%-36.7pp
Earnings yield-48.7%+45.4pp-62.1%-22.8pp-39.3%+19.3pp-58.6%+84.1pp-142.7%-45.8pp

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Questions, answered.

Where do Ginkgo Bioworks's ratios come from?
Every ratio is computed from Ginkgo Bioworks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.