Form 8-K · Current Report · Filed 2025-05-05
Twist Bioscience Spin-Out and Q2 2025 Financial Results
Twist Bioscience Corporation reported its financial results for the second quarter of fiscal 2025, highlighting record revenue of $92.8M, a 23% increase over the same period in 2024, and a gross margin of 49.6%.
- Filer
- Twist Bioscience Corporation TWST · NASDAQ
- Filed
- Accession
- 0001104659-25-044352
- CIK
- 0001581280
- Signal
- Medium impactHealthcare
- Source
- Official filing on sec.gov ↗
Details
The company also announced the spin-out of its DNA data storage application as an independent company, Atlas Data Storage, funded by $155M from strategic investors. The spin-out is expected to accelerate DNA data storage development while allowing Twist to focus on profitability. The company expects full-year revenue between $372M and $379M with a gross margin over 50% for the fourth quarter.
Items reported
Entry into a Material Definitive Agreement
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$39.24
Next session
-16.5%
Since filing
+296.4%
Latest close
$155.56
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Precedent
Previous filings from TWST reporting the same item, with the next session's move:
Exhibits (2)
About Twist Bioscience Corporation
Twist Bioscience Corporation is a synthetic biology company that develops and sells DNA-based products for research and commercial applications. Twist Bioscience Corporation’s portfolio includes synthetic genes, gene fragments, oligonucleotide pools, and antibody libraries used in therapeutic discovery, diagnostics, agriculture, industrial biotechnology, and academic research. The company also supports advanced workflows such as targeted next-generation sequencing, CRISPR gene editing, mutagenesis, and DNA data storage. Its proprietary semiconductor-based DNA synthesis platform is designed to produce high-quality synthetic DNA at scale, helping customers move from design to experimentation more efficiently. Twist Bioscience Corporation serves biotechnology, pharmaceutical, industrial, and academic customers across multiple regions, making it an important supplier in the life sciences tools and synthetic biology market.
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