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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Twist Bioscience Corp (TWST). Click either name above to swap in a different company.

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $103.7M, roughly 1.1× Twist Bioscience Corp). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -29.4%, a 62.9% gap on every dollar of revenue. On growth, Twist Bioscience Corp posted the faster year-over-year revenue change (16.9% vs 9.0%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

Twist Bioscience is a public biotechnology company based in South San Francisco that manufactures synthetic DNA and DNA products for customers in a wide range of industries. Twist was founded in 2013 by Emily Leproust, Bill Banyai, and Bill Peck.

BY vs TWST — Head-to-Head

Bigger by revenue
BY
BY
1.1× larger
BY
$112.4M
$103.7M
TWST
Growing faster (revenue YoY)
TWST
TWST
+7.8% gap
TWST
16.9%
9.0%
BY
Higher net margin
BY
BY
62.9% more per $
BY
33.4%
-29.4%
TWST

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BY
BY
TWST
TWST
Revenue
$112.4M
$103.7M
Net Profit
$37.6M
$-30.5M
Gross Margin
52.0%
Operating Margin
-31.7%
Net Margin
33.4%
-29.4%
Revenue YoY
9.0%
16.9%
Net Profit YoY
33.0%
3.4%
EPS (diluted)
$0.83
$-0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BY
BY
TWST
TWST
Q1 26
$112.4M
Q4 25
$117.0M
$103.7M
Q3 25
$115.7M
Q2 25
$110.5M
Q1 25
$103.1M
Q4 24
$104.7M
Q3 24
$101.8M
Q2 24
$99.4M
Net Profit
BY
BY
TWST
TWST
Q1 26
$37.6M
Q4 25
$34.5M
$-30.5M
Q3 25
$37.2M
Q2 25
$30.1M
Q1 25
$28.2M
Q4 24
$30.3M
Q3 24
$30.3M
Q2 24
$29.7M
Gross Margin
BY
BY
TWST
TWST
Q1 26
Q4 25
52.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
BY
BY
TWST
TWST
Q1 26
Q4 25
40.1%
-31.7%
Q3 25
43.1%
Q2 25
35.2%
Q1 25
36.4%
Q4 24
38.6%
Q3 24
39.3%
Q2 24
40.4%
Net Margin
BY
BY
TWST
TWST
Q1 26
33.4%
Q4 25
34.1%
-29.4%
Q3 25
32.1%
Q2 25
27.2%
Q1 25
27.4%
Q4 24
34.3%
Q3 24
29.8%
Q2 24
29.9%
EPS (diluted)
BY
BY
TWST
TWST
Q1 26
$0.83
Q4 25
$0.77
$-0.50
Q3 25
$0.82
Q2 25
$0.66
Q1 25
$0.64
Q4 24
$0.68
Q3 24
$0.69
Q2 24
$0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BY
BY
TWST
TWST
Cash + ST InvestmentsLiquidity on hand
$198.4M
$197.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$456.1M
Total Assets
$9.9B
$638.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
TWST
TWST
Q1 26
$198.4M
Q4 25
$149.1M
$197.9M
Q3 25
$259.0M
Q2 25
$218.3M
Q1 25
$421.3M
Q4 24
$563.1M
Q3 24
$452.6M
Q2 24
$730.5M
Stockholders' Equity
BY
BY
TWST
TWST
Q1 26
$1.3B
Q4 25
$1.3B
$456.1M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Total Assets
BY
BY
TWST
TWST
Q1 26
$9.9B
Q4 25
$9.7B
$638.1M
Q3 25
$9.8B
Q2 25
$9.7B
Q1 25
$9.6B
Q4 24
$9.5B
Q3 24
$9.4B
Q2 24
$9.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BY
BY
TWST
TWST
Operating Cash FlowLast quarter
$-24.8M
Free Cash FlowOCF − Capex
$-34.8M
FCF MarginFCF / Revenue
-33.5%
Capex IntensityCapex / Revenue
9.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
TWST
TWST
Q1 26
Q4 25
$140.3M
$-24.8M
Q3 25
$38.3M
Q2 25
$16.3M
Q1 25
$27.1M
Q4 24
$175.2M
Q3 24
$19.8M
Q2 24
$40.1M
Free Cash Flow
BY
BY
TWST
TWST
Q1 26
Q4 25
$136.3M
$-34.8M
Q3 25
$38.0M
Q2 25
$15.2M
Q1 25
$25.0M
Q4 24
$171.2M
Q3 24
$19.1M
Q2 24
$39.4M
FCF Margin
BY
BY
TWST
TWST
Q1 26
Q4 25
116.5%
-33.5%
Q3 25
32.8%
Q2 25
13.7%
Q1 25
24.3%
Q4 24
163.5%
Q3 24
18.8%
Q2 24
39.7%
Capex Intensity
BY
BY
TWST
TWST
Q1 26
Q4 25
3.4%
9.6%
Q3 25
0.3%
Q2 25
1.0%
Q1 25
2.0%
Q4 24
3.8%
Q3 24
0.6%
Q2 24
0.7%
Cash Conversion
BY
BY
TWST
TWST
Q1 26
Q4 25
4.06×
Q3 25
1.03×
Q2 25
0.54×
Q1 25
0.96×
Q4 24
5.78×
Q3 24
0.65×
Q2 24
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

TWST
TWST

Industrial Chemicals$37.2M36%
Diagnostics$35.3M34%
Food Or Agriculture$12.8M12%
Academic Research$12.2M12%
Health Care$6.1M6%

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