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Twist Bioscience Corporation TWST R&D

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Other financials

Income statement

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Revenue$110.7M+19.3%
Gross profit$57.1M+24.1%
Operating income-$45.9M-10.4%
Net income-$44.0M-11.9%
EPS (diluted)-$0.71-7.6%

Balance sheet

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Cash & equivalents$124.9M-41.4%
Total debt$110.8M+16.3%
Total equity$455.1M+3.4%
Total assets$676.2M+13.5%

Cash flow

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Operating cash flow-$17.6M-35.2%
CapEx$7.9M+90.3%
Free cash flow-$25.4M-48.5%

Valuation

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Market cap$5.45B+24.4%

Profitability

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Gross margin52.1%+5.4pp
Operating margin-33.9%-9.9pp
Net margin-19.8%-7.7pp
FCF margin-23.2%+7.0pp

Returns & leverage

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Return on equity-18.2%-6.3pp
Debt / equity0.2×0.0×
Current ratio2.7×-1.8×

Where this comes from

Reported directly by Twist Bioscience Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Twist Bioscience Corporation’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Twist Bioscience Corporation's R&D?
Twist Bioscience Corporation (TWST) reported R&D of $19.7M in Q1 2026.
How has Twist Bioscience Corporation's R&D changed year-over-year?
Twist Bioscience Corporation's R&D decreased by 17.7% year-over-year, from $23.92M to $19.7M.
What is the long-term trend for Twist Bioscience Corporation's R&D?
Over 4 years (2021 to 2025), Twist Bioscience Corporation's R&D has grown at a 3.8% compound annual growth rate (CAGR), from $69.07M to $80.29M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.