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Form 8-K · Current Report · Filed 2025-02-03

Twist Bioscience Reports 24% Revenue Growth in Q1 FY25

On February 3, 2025, Twist Bioscience Corporation reported its financial results for the first quarter of fiscal 2025, highlighting an 8th consecutive quarter of sequential revenue growth with total revenues of $88.7 million, a 24% increase over the same period in the previous year.

Filer
Twist Bioscience Corporation TWST · NASDAQ
Filed
Accession
0001628280-25-003387
CIK
0001581280
Signal
Low impactHealthcare

Details

The company also saw an improvement in gross margin from 40.5% in Q1 FY24 to 48.3% in Q1 FY25. Twist expects its full-year revenue for fiscal 2025 to be between $372 million and $379 million, with a projected gross margin over 50% for the fourth quarter. The company further provided forward-looking guidance for the second quarter of fiscal 2025, anticipating total revenues of approximately $91 million to $93 million.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$52.37

Next session

-0.7%

Since filing

+197.0%

Latest close

$155.56

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from TWST reporting the same item, with the next session's move:

Twist Bioscience Reports Fourth Quarter and Fiscal 2024 Financial Results+12.0%
Twist Bioscience Reports Record Revenue and Improved Margins in Q3 FY2024-14.6%
Twist Bioscience Reports 25% Revenue Increase and Raises Guidance for FY 2024+28.9%
Twist Bioscience Reports Record Revenue and Raises Guidance for Fiscal 2024+9.5%
Twist Bioscience Appoints New CFO Adam Laponis+4.2%

Exhibits (1)

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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