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
- Source
- Official filing on sec.gov ↗
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
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$52.37
Next session
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Since filing
+197.0%
Latest close
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Precedent
Previous filings from TWST reporting the same item, with the next session's move:
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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