---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-044352"
form_type: "8-K"
ticker: "TWST"
cik: "0001581280"
company_name: "Twist Bioscience Corp"
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:21:30.816077+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Twist reports record Q2 revenue $92.8M; spins out DNA data storage as Atlas with $155M investment

## Summary
- Record Q2 revenue $92.8M (+23% YoY); gross margin 49.6% vs 41.0%.
- Net loss $39.3M ($0.66/sh) vs $45.5M ($0.79); adjusted EBITDA loss improved to $(14.8)M.
- Spun out DNA data storage as Atlas Data Storage with $155M investment from ARCH, Deerfield, Bezos Expeditions, and others.
- Atlas CEO Varun Mehta (ex-Nimble Storage) leads; Twist retains minority stake, $2.5M cash, $2M note, up to $75M milestones.
- Guidance: FY2025 revenue $372-379M; expect gross margin >50% in Q4; adjusted EBITDA breakeven by end of FY2026.

## SEC filing metadata
- accession: 0001104659-25-044352
- form_type: 8-K
- ticker: TWST
- cik: 0001581280
- company_name: Twist Bioscience Corp
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581280/000110465925044352/0001104659-25-044352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581280/000110465925044352/tm2513694d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-044352
- JSON: https://secwatch.observer/filing/0001104659-25-044352.json
- Plain text: https://secwatch.observer/filing/0001104659-25-044352.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.