Record Revenue Achievement
Twist Bioscience reported a record quarter with $99 million in revenue, exceeding guidance and marking a 17% year-over-year increase. For the fiscal year, revenue was $376.6 million, a growth of 20% over fiscal 2024.
Significant Gross Margin Improvement
Gross margin for the quarter was 51.3%, and for the year, it was 50.7%, up from 42.6% in fiscal 2024, marked by a nearly 20 margin points increase over the last two years.
Strong SynBio and Biopharma Growth
SynBio revenue was $39.5 million, up 17% year-over-year, driven by the Express portfolio. Biopharma revenue grew by 22% year-over-year to $6.4 million.
NGS Revenue Growth
NGS reported revenues of $53 million, representing a 16% year-over-year growth, driven by successful diagnostic customer assays.
AI-Enabled Discovery Growth
AI-enabled drug discovery projects grew more than $25 million versus fiscal 2024, highlighting significant growth potential in AI-driven drug discovery.