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Twist Bioscience delivered $92.8 million in revenue for Q2 FY25, with a significant improvement in gross margin to 49.6% and a reduced adjusted EBITDA loss of $14.8 million, indicating strong progress toward profitability.
Revenue reached $92.8M, at the top end of guidance.
Gross margin rose to 49.6%, showing strong operational improvement.
Adjusted EBITDA loss narrowed to $14.8M, trending toward breakeven.
All segments reported double-digit YoY revenue growth.
Twist projects revenue growth in Q3 and Q4 FY25, aiming to surpass 50% gross margin and continue reducing EBITDA losses.
Visualization of income flow from segment revenue to net income