NASDAQ$TWST

Twist Bioscience Corporation · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported revenue growth of 62% and order growth of 69% year over year, with a gross margin of 39%.

Twist Bioscience reported strong growth in all four areas of its business for the second quarter of fiscal year 2021. The company saw increasing revenue and strong orders, with new biopharma partnerships and progress in data storage density.

  • Revenue growth of 62% over fiscal year 2020 second quarter.
  • Order growth of 69% year over year.
  • Gross margin of 39% for the quarter.
  • Signed new biopharma partnerships with multiple associated programs.

Headline financials

Total Revenue

$31.2M

Previous: $19.3M+61.7%
EPS (adj)

-$0.78

Previous: -$0.85+8.2%
Capital Expenditures

-$12M

Previous: -$4.8M-150.9%
Free Cash Flow

-$49.9M

Previous: -$36.6M-36.6%
Net Income

-$37.9M

Previous: -$31.8M-19.4%
Operating Income

-$38M

Previous: -$32.1M-18.4%
Gross Profit

$12.2M

Previous: $5.73M+112.4%
Cash & Equivalents

$399M

Previous: $184M+116.6%
Total Assets

$677M

Previous: $324M+109.1%
Stock-Based Comp

$11.6M

No prior period

Revenue & EPS history

Twist Bioscience · Revenue · Quarterly

$31.2M

Q2 2021+61.7%vs Q2 2020
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Twist Bioscience · $218M total across 2 segments · Q3 2023

  • NGS Applications
    $120M+23.7%
  • DNA Synthesis & Protein
    $98M+22.5%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.1%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+0.8%

Avg return

30 days after

47%

14 / 30 earnings

Positive

+29.7%

Q4 2023

Best reaction

-23.2%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-7.3%-5.9%+19.6%
Q1 2026+13.8%-5.9%-10.2%
Q4 2025-10.0%-14.9%+3.4%
Q2 2025-8.5%-16.9%-20.8%
Q1 2025+0.7%-0.1%-19.7%
Q4 2024+12.0%+14.5%+20.9%
Q3 2024-14.6%-16.0%-18.5%
Q2 2024+28.9%+34.9%+31.1%
Q1 2024+9.5%+5.1%+16.9%
Q4 2023+29.7%+24.9%+81.5%
Q3 2023+14.9%+9.3%+14.0%
Q2 2023+3.6%+2.1%+26.0%
Q1 2023-23.2%-15.2%-37.1%
Q4 2022+0.8%+0.5%-0.6%
Q3 2022+20.8%+12.4%-17.2%
Q2 2022-9.9%-16.3%-12.6%
Q1 2022-1.0%+6.0%-21.0%
Q4 2021-12.6%-14.1%-22.4%
Q3 2021-9.1%-15.8%-7.6%
Q2 2021+6.2%-9.4%-12.4%
Q1 2021-16.8%-5.5%-38.1%
Q4 2020-9.9%-0.8%+44.3%
Q3 2020-7.2%-16.3%-4.8%
Q2 2020+5.1%+4.6%+0.7%
Q1 2020+21.3%+14.0%+31.4%
Q4 2019+4.6%+5.8%-15.5%
Q3 2019-11.2%-11.8%-13.9%
Q2 2019-9.9%-9.7%-3.9%
Q1 2019-9.2%-11.8%-6.9%
Q4 2018-9.2%-9.4%+18.6%
Q3 2018
Q2 2018
Q1 2017
Q4 2017

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