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Twist Bioscience Corporation TWST Reportable Segment — Research and development expenses

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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$6.84B+338%
Enterprise value$6.83B+370%
P/S16.7×+12.4×

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 twst:ResearchAndDevelopmentExpenseExcludingDepreciationAmortizationAndShareBasedCompensationExpense.

The source filing: Twist Bioscience Corporation’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:28 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001581280-26-000040
(in thousands)Three months ended March 31, 2026Three months ended March 31, 2025Six months ended March 31, 2026Six months ended March 31, 2025
Revenues$110,715$92,793$214,413$181,506
Costs and expenses:
Cost of revenues[1]$47,402$40,373$91,408$80,744
Research and development expenses[1]17,36619,95232,71238,078
Selling, general and administrative expenses[1]59,25547,298117,03493,786
Litigation settlement costs, net of recoveries7,2057,205
Depreciation and amortization6,4146,40212,60812,784
Stock-based compensation expense18,93620,32832,20932,319

Item 1. Financial Statements (unaudited)

FAQ

What is Twist Bioscience Corporation's reportable segment — research and development expenses?
Twist Bioscience Corporation (TWST) reported reportable segment — research and development expenses of $17.37M in Q1 2026.
How has Twist Bioscience Corporation's reportable segment — research and development expenses changed year-over-year?
Twist Bioscience Corporation's reportable segment — research and development expenses decreased by 13.0% year-over-year, from $19.95M to $17.37M.
What does reportable segment — research and development expenses mean?
Captures the costs incurred by the reportable segment to discover and develop new technologies, products, or processes. This investment is critical for maintaining long-term competitive advantage and innovation within the company's specific industry.

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