Twist Bioscience Corporation (TWST) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -17.56M | -24.81M | -11.81M | -1.4M | -12.99M | -21.43M | -15.32M | -6.38M | -19.42M | -22.97M | -20.7M | -23.41M | -44.29M | -54.07M | -1.27M | -34.13M | -42.34M | -46.65M | -34.8M | -27.96M |
| Operating CF Margin % | -15.86% | -23.93% | -11.93% | -1.46% | -13.99% | -24.15% | -18.09% | -7.83% | -25.79% | -32.13% | -30.93% | -36.73% | -73.59% | -99.68% | -2.21% | -60.81% | -87.98% | -111.03% | -91.71% | -79.84% |
| Operating CF Growth % | -35.21% | -15.8% | 22.89% | 78.05% | 33.14% | 6.73% | 26% | 72.76% | 56.14% | 57.51% | -1534.1% | 31.39% | -4.6% | -15.9% | 96.36% | -22.05% | -72.47% | -87.12% | -38.1% | -19.14% |
| Net Income | -44.02M | -30.51M | -27.14M | 20.39M | -39.33M | -31.59M | -34.66M | -85.57M | -45.49M | -43.01M | -46.24M | -57.4M | -59.16M | -41.82M | -51.12M | -60.52M | -60.67M | -45.56M | -41.24M | -40.04M |
| Depreciation & Amortization | 6.41M | 6.19M | 6M | 6.07M | 6.4M | 6.38M | 6.66M | 8.3M | 8.3M | 8.17M | 8.5M | 8.49M | 7.03M | 5.29M | 4.95M | 4.44M | 3.97M | 3.15M | 2.43M | 2.74M |
| Stock-Based Compensation | 18.94M | 13.27M | 16.08M | 16.06M | 20.33M | 11.99M | 12.35M | 13.73M | 13.82M | 11.02M | 11.75M | 10.6M | 10.26M | -2.33M | 19.05M | 20.04M | 22.46M | 18.11M | 9.25M | 9.18M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 221K | 3.62M | -676K | 0 | 0 | -132K | -500K | -10.54M | -51K | -48K |
| Other Non-Cash Items | -498K | -336K | 220K | -47.7M | 831K | -20K | 1.47M | 44.6M | 484K | 312K | 4.63M | -739K | 103K | -3.59M | 23.32M | -2.95M | -5.29M | -1.26M | -1.2M | 2.75M |
| Working Capital Changes | 1.61M | -13.44M | -6.98M | 3.78M | -1.22M | -8.19M | -1.14M | 12.56M | 3.46M | 532K | 441K | 12.02M | -1.85M | -11.62M | 2.52M | 4.98M | -2.32M | -10.55M | -3.99M | -2.54M |
| Change in Receivables | -14.24M | 6.83M | -7.21M | 87K | -10.72M | -4.54M | -2.95M | 4M | -657K | 8.06M | -1.81M | 5.54M | -3.95M | -4.1M | 662K | -6.44M | -1.81M | -2.03M | -290K | -581K |
| Change in Inventory | -590K | -4.62M | -2.37M | -5.08M | 2.66M | 560K | 4.41M | 1.89M | 486K | 1.2M | 4.29M | 3.56M | 4.67M | -5.28M | 3.7M | 1.55M | -4.35M | -8.44M | -10.57M | -5.37M |
| Change in Payables | 69K | 1.47M | -284K | 3.19M | 711K | 5.71M | -4.88M | -1.2M | -1.52M | -4.21M | 1.92M | -220K | -7.49M | 3.28M | 6.92M | 1.23M | -757K | -5K | 3.35M | 1.4M |
| Cash from Investing | -12.71M | -9.93M | -12.4M | -9.4M | -1.43M | -1.54M | -1.28M | -711K | -5.24M | 4.17M | -2.25M | 18.67M | 41.16M | -6.97M | 2.78M | 4.16M | -13.29M | -226.58M | 23.91M | 104.58M |
| Capital Expenditures | -7.89M | -9.97M | -12.43M | -9.16M | -4.14M | -2.27M | -2M | -965K | -603K | -1.51M | -2.39M | -4.51M | -9.05M | -11.82M | -16.46M | -40.64M | -31.97M | -12.78M | -8.09M | -6.94M |
| CapEx % of Revenue | 7.12% | 9.62% | 12.55% | 9.54% | 4.47% | 2.56% | 2.36% | 1.18% | 0.8% | 2.11% | 3.57% | 7.07% | 15.04% | 21.8% | 28.73% | 72.43% | 66.43% | 30.42% | 21.31% | 19.82% |
| Acquisitions | 0 | 0 | 0 | 2.5M | 0 | 0 | 0 | 0 | 0 | 0 | -212.79M | -23.18M | -50.21M | 218.65M | -5.75M | 0 | 0 | -8.16M | -483K | -151.7M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -5.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 212.79M | 23.18M | 50.21M | -218.65M | 0 | 0 | 0 | 0 | -58.31M | 210.01M |
| Cash from Financing | 4.14M | 298K | 5.57M | 1.83M | 3.2M | 17.94M | 3.63M | 2.91M | 1.83M | -1.47M | 442K | -661K | 1.52M | -395K | 1.24M | -1.31M | 271.62M | -1.01M | 1.57M | -765K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.56M | -833K | -833K |
| Equity Issued (Net) | 4.14M | 298K | -2K | 1.83M | -5K | -6K | -8K | -7K | -1.54M | -2.42M | -1.13M | -1.01M | -1.26M | -999K | -1.63M | -2.07M | 268.33M | -2.56M | -2.62M | -2.48M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -8K | -2K | -2K | -3K | -5K | -6K | -8K | -7K | -1.54M | -2.42M | -1.13M | -1.01M | -1.26M | -999K | -1.62M | -2.08M | -1.49M | -2.56M | -2.62M | -2.48M |
| Other Financing | 0 | 0 | 5.58M | 0 | 3.2M | 17.95M | 3.63M | 2.92M | 3.36M | 951K | 1.57M | 353K | 2.79M | 604K | 2.87M | 763K | 3.29M | 3.1M | 5.03M | 2.54M |
| Net Change in Cash | -26.13M | -34.44M | -18.48M | -9.04M | -11.11M | -5.07M | -12.9M | -4.18M | -22.9M | -20.16M | -22.56M | -5.72M | -1.53M | -61.17M | 2.44M | -31.38M | 216M | -274.16M | -9.45M | 75.95M |
| Free Cash Flow | -25.55M | -34.79M | -24.24M | -10.56M | -17.13M | -23.7M | -17.32M | -7.34M | -20.03M | -24.48M | -23.1M | -27.92M | -53.34M | -65.89M | -17.73M | -74.77M | -74.31M | -59.44M | -42.89M | -34.9M |
| FCF Margin % | -23.07% | -33.55% | -24.48% | -11% | -18.46% | -26.71% | -20.45% | -9.01% | -26.59% | -34.24% | -34.5% | -43.8% | -88.64% | -121.48% | -30.94% | -133.24% | -154.4% | -141.45% | -113.02% | -99.67% |
| FCF Growth % | -49.13% | -46.81% | -39.94% | -43.88% | 14.46% | 3.2% | 25% | 73.7% | 62.46% | 62.85% | -30.28% | 62.66% | 28.22% | -10.87% | 58.67% | -114.22% | -125.52% | -108.1% | -56.39% | -32.63% |
| FCF per Share | -0.41 | -0.57 | -0.40 | -0.17 | -0.29 | -0.40 | -0.30 | -0.13 | -0.35 | -0.43 | -0.40 | -0.49 | -0.94 | -1.17 | -0.32 | -1.33 | -1.39 | -1.19 | -0.87 | -0.71 |
| FCF Conversion (FCF/Net Income) | 0.40x | 0.81x | 0.44x | -0.07x | 0.33x | 0.68x | 0.44x | 0.07x | 0.43x | 0.53x | 0.45x | 0.41x | 0.75x | 1.29x | 0.02x | 0.56x | 0.70x | 1.02x | 0.84x | 0.70x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9K | 22K | 36K |
| Taxes Paid | 0 | 0 | -23K | 7K | 13K | 3K | -19K | 24K | 299K | 40K | 179K | 104K | 85K | 52K | 116K | 0 | 39K | 91K | 54K | 46K |