Twist Bioscience Corp
Business
Twist Bioscience Corporation develops and commercializes a proprietary silicon-based DNA synthesis platform that manufactures synthetic DNA, RNA, and proteins at scale. The company sells synthetic genes, oligonucleotide pools, next-generation sequencing tools, and synthetic controls to researchers and diagnostics companies, alongside biopharma discovery services including antibody optimization and development. Products serve healthcare, chemicals/materials, food/agriculture, and academic research sectors globally through direct sales, e-commerce, and partnerships with over 3,800 customers.
Summary from 10-K filed 2025-11-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Revenues | 377 | 313 | 245 | 204 | 132 | |
| Cost of revenues | 186 | 180 | 155 | 119 | 81 | |
| Research and development expenses | 80 | 91 | 107 | 120 | 69 | |
| Selling, general and administrative expenses | 247 | 218 | 190 | 213 | 136 | |
| Restructuring and other costs | 0 | 0 | 9 | 0 | 0 | |
| Change in fair value of contingent considerations and holdbacks | 0 | 0 | −6 | −14 | −534,000 | |
| Impairment of long-lived assets | 0 | 45 | 7 | 0 | — | |
| Total costs and expenses | 513 | 534 | 462 | 438 | 285 | |
| Loss from operations | −136 | −221 | −217 | −235 | −153 | |
| Gain on sale of business | 49 | 0 | 0 | — | — | |
| Interest income | 11 | 15 | 14 | 3 | 435,000 | |
| Other income (expense), net | −903,000 | −3 | −672,000 | −1 | −1 | |
| Loss before income taxes | −77 | −208 | −203 | −228 | −154 | |
| Income tax expense | −700,000 | −600,000 | −1 | 10 | 2 | |
| Net loss attributable to common stockholders | −78 | −209 | −205 | −218 | −152 | |
| Change in unrealized gain (loss) on investments | −50,000 | 203,000 | 2 | −2 | −14,000 | |
| Foreign currency translation adjustment | −55,000 | 31,000 | −423,000 | −795,000 | 473,000 | |
| Comprehensive loss | −78 | −208 | −204 | −220 | −152 | |
| Net loss per share attributable to common stockholdersbasic (in dollars per share) | −1.3 | −3.6 | −3.6 | −4.04 | −3.15 | |
| Net loss per share attributable to common stockholdersdiluted (in dollars per share) | −1.3 | −3.6 | −3.6 | −4.04 | −3.15 | |
| Weighted average shares used in computing net loss per share attributable to common stockholdersbasic (in shares) | 60 | 58 | 57 | 54 | 48 | |
| Weighted average shares used in computing net loss per share attributable to common stockholdersdiluted (in shares) | 60 | 58 | 57 | 54 | 48 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 183 | 226 | 286 | 379 | 466 | |
| Short-term investments | 49 | 50 | 50 | 126 | 12 | |
| Accounts receivable, net | 57 | 35 | 44 | 40 | 29 | |
| Inventories | 28 | 24 | 32 | 39 | 32 | |
| Prepaid expenses and other current assets | 15 | 11 | 12 | 12 | 8 | |
| Total current assets | 333 | 347 | 424 | 596 | 546 | |
| Property and equipment, net | 102 | 103 | 132 | 139 | 44 | |
| Operating lease right-of-use assets | 49 | 59 | 72 | 75 | 62 | |
| Investment in equity securities | 54 | 2 | — | — | — | |
| Goodwill | 82 | 86 | 86 | 86 | 22 | |
| Intangible assets, net | 13 | 14 | 54 | 60 | 18 | |
| Restricted cash, non-current | 2 | 3 | 3 | 2 | 2 | |
| Other non-current assets | 5 | 2 | 6 | 3 | 8 | |
| Total assets | 642 | 614 | 776 | 961 | 702 | |
| Accounts payable | 11 | 2 | 14 | 20 | 15 | |
| Accrued expenses | 23 | 15 | 11 | 10 | 6 | |
| Accrued compensation | 31 | 34 | 26 | 27 | 22 | |
| Current portion of operating lease liability | 14 | 15 | 15 | 14 | 8 | |
| Other current liabilities | 12 | 6 | 8 | 20 | 10 | |
| Total current liabilities | 91 | 71 | 73 | 91 | 63 | |
| Operating lease liability, net of current portion | 62 | 70 | 79 | 81 | 53 | |
| Liability related to the sale of future revenue | 15 | 0 | — | — | — | |
| Other non-current liabilities | 747,000 | 407,000 | 475,000 | 60,000 | 5 | |
| Total liabilities | 169 | 142 | 153 | 172 | 121 | |
| Commitments and contingencies | — | — | — | — | — | |
| Common stock, $0.00001 par value 200,000 and 100,000 shares authorized at September 30, 2025 and 2024, respectively; 60,631 and 58,877 shares issued and outstanding at September 30, 2025 and 2024, respectively | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 1,793 | 1,715 | 1,657 | 1,620 | 1,191 | |
| Accumulated other comprehensive loss | −627,000 | −522,000 | −756,000 | −2 | 546,000 | |
| Accumulated deficit | −1,320 | −1,242 | −1,033 | −828 | −611 | |
| Total stockholders equity | 473 | 473 | 623 | 789 | 581 | |
| Total liabilities and stockholders equity | 642 | 614 | 776 | 961 | 702 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 25 | 31 | 29 | 17 | 10 | |
| Impairment of long-lived assets | 0 | 45 | 7 | 0 | 0 | |
| Non-cash lease expense, net of tenant improvement allowance | −20,000 | 940,000 | 3 | 20 | 2 | |
| Stock-based compensation expense | 64 | 51 | 30 | 80 | 37 | |
| Change in fair value of contingent considerations and holdbacks | 0 | 0 | −6 | — | — | |
| Other non-cash adjustments | 2 | 994,000 | 120,000 | — | — | |
| Accounts receivable, net | −22 | 8 | −4 | −10 | −2 | |
| Inventories | −4 | 8 | 7 | −8 | −19 | |
| Prepaid expenses and other current assets | −4 | 382,000 | −4 | −3 | −2 | |
| Other non-current assets | −2 | 431,000 | 1 | 7 | −5 | |
| Accounts payable | 9 | −12 | −3 | 7 | 9 | |
| Accrued expenses | 6 | 4 | 3 | 2 | 3 | |
| Accrued compensation | −2 | 8 | −1 | 5 | 7 | |
| Other liabilities | 7 | −2 | −108,000 | −7 | −28,000 | |
| Net cash used in operating activities | −48 | −64 | −142 | −124 | −112 | |
| Purchases of property and equipment | −28 | −5 | −28 | −102 | −27 | |
| Purchases of investments | −49 | −52 | −76 | −218 | −59 | |
| Proceeds from maturity of investments | 50 | 54 | 155 | 100 | 242 | |
| Proceeds from sale of business | 3 | 0 | 0 | — | — | |
| Net cash provided by (used in) investing activities | −25 | −3 | 51 | −233 | 156 | |
| Proceeds from exercise of stock options | 9 | 7 | 1 | 6 | 15 | |
| Proceeds from the issuance of liability related to sale of future revenue | 15 | 0 | 0 | — | — | |
| Proceeds from issuance under employee stock purchase plan | 4 | 4 | 4 | 4 | 5 | |
| Repurchases of common stock for income tax withholding | −16,000 | −4 | −4 | −8 | −11 | |
| Net cash provided by financing activities | 29 | 7 | 911,000 | 271 | 329 | |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 143,000 | 126,000 | −27,000 | −319,000 | 20,000 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | −44 | −60 | −91 | −87 | 373 | |
| Income taxes paid, net of refunds | 683,000 | 344,000 | 420,000 | 246,000 | 101,000 | |
| Property and equipment additions included in accrued expenses and accounts payable | 2 | 92,000 | 772,000 | 6 | — | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | 0 | 0 | 7 | 21 | 34 | |
| Issuance of common stock in connection with the business acquisition | 0 | 0 | 6 | 77 | 27 | |
| Tenant improvement allowance capitalized in property and equipment | 0 | 3 | 0 | 0 | — | |
| Equity securities received as consideration for sale of business | 54 | 0 | 0 | — | — | |
| Promissory note receivable received as consideration for sale of business | 2 | 0 | 0 | — | — | |
| Conversion of convertible notes | 0 | 0 | 4 | 0 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Twist Bioscience Corp's CIK number?
Twist Bioscience Corp's SEC CIK number is 0001581280 (1581280). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Twist Bioscience Corp's SEC filings?
All of Twist Bioscience Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Twist Bioscience Corp last report earnings?
Twist Bioscience Corp (TWST) most recently filed an earnings 8-K with the SEC on May 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001581280-26-000037). This is Twist Bioscience Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Twist Bioscience Corp's most recent earnings 8-K?
Twist Bioscience Corp's latest earnings 8-K (Item 2.02) was filed May 4, 2026 under accession 0001581280-26-000037. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Twist Bioscience Corp's latest earnings 8-K →
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