Genscript Biotech Corporation
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About the company
Genscript Biotech Corporation, an investment holding firm, operates on a global scale as a leading provider of life science research products and services, serving North America, Europe, China, Japan, other Asia Pacific regions, and beyond. The company is structured into four distinct business units. Its Life Science Services and Products division delivers essential research support, encompassing gene synthesis, molecular cloning, oligonucleotide and peptide synthesis, protein engineering, antibody development, and the creation of molecular diagnostic tools and genome editing materials.
- CEO
- Weihui Shao
- IPO
- 2017
- Employees
- 6,165
- HQ
- Hong Kong, HK, HK
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Similar companies
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- Market Cap
- $8.43B
- P/E
- -14.54
- Fwd P/E
- 200.93
- PEG
- 0.00
- P/S
- 11.24
- P/B
- 2.44
- EV/EBITDA
- 47.98
- Div Yield
- 0.00%
- Gross Margin
- 51.99%
- Op Margin
- 14.88%
- Net Margin
- -75.40%
- ROE
- -16.23%
- ROIC
- 2.95%
Latest fiscal year · YoY change
- Revenue
- $960.95M+61.6%
- Gross Profit
- $554.02M+103.6%
- Op Income
- $255.62M
- Net Income
- $-533,618,209-118.0%
- EPS
- $-0.25-117.9%
- OCF Growth
- +330.3%
- FCF Growth
- +434.4%
- 52W High
- $3.86
- 52W Low
- $1.30
- 50D MA
- $2.02
- 200D MA
- $1.82
- Beta
- 0.84
- RSI (14)
- 97
- Avg Volume
- 495
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
GenScript reported strong first-half 2026 growth, with revenue and profit both accelerating, and raised full-year guidance for Life Science and ProBio on continued AIDD demand and operating leverage.· August 16, 2026
- First-half revenue reached USD 404.2 million, up 27.3% year over year, while adjusted net profit rose 203.3% to USD 62.5 million.
- Group gross profit was USD 206.7 million, up 48% year over year, showing margin expansion ahead of revenue growth.
- Life Science revenue grew 28.8% to USD 319 million, with adjusted operating profit up 102.8% to USD 94 million and adjusted operating margin at 29.5% (27.1% excluding U.S. tariff refunds).
- ProBio revenue increased 34.2% to USD 61.1 million; new orders rose 54% year over year, and adjusted EBITDA loss narrowed to USD 6.5 million from USD 16.8 million.
- Management raised full-year guidance for Life Science and ProBio, while keeping Bestzyme on steady growth and margin improvement.
- The company said it held about USD 830 million in cash and expects full-year CapEx of approximately USD 130 million, with no need for equity financing.
GenScript reported first-half 2026 revenue of USD 404.2 million, up 27.3% year over year. Group gross profit was USD 206.7 million, up 48% year over year, and adjusted net profit was USD 62.5 million, up 203.3% year over year. Life Science revenue was USD 319 million, up 28.8%; ProBio revenue was USD 61.1 million, up 34.2%; and Bestzyme revenue was USD 30.4 million, up 7.4%. Life Science adjusted gross margin was 57.8% or 55.4% excluding U.S. tariff refunds, and adjusted operating margin was 29.5% or 27.1% on the same basis. ProBio adjusted gross profit was USD 8.3 million, and adjusted EBITDA loss narrowed to USD 6.5 million from USD 16.8 million. Bestzyme adjusted gross profit was USD 13 million. For the full year, Life Science revenue growth is now expected at 25% to 30%, with adjusted gross margin above 55% and adjusted operating margin above 25%. ProBio revenue growth guidance was raised to 25% to 30%, and Bestzyme revenue growth is expected at 8% to 10% with adjusted gross margin over 43%. The company also said first-half CapEx was USD 48.4 million and full-year CapEx should be approximately USD 130 million.
Sherry Shao framed GenScript as a critical infrastructure provider for AI-driven drug discovery, emphasizing the company’s gene-to-protein platform, AI-enabled validation workflows, and global footprint. She said the industry bottleneck is shifting from generating AI designs to validating them, and argued GenScript is positioned to “close the loop” with a 4-day AI-to-biology validation engine. Her tone was strongly optimistic and strategic, focused on long-term structural demand rather than short-term cycle trends.
Phil Zhao highlighted that profitability is scaling faster than revenue, with group gross profit up 48% year over year and adjusted net profit up 203.3% to USD 62.5 million. He noted Life Science’s adjusted gross margin of 57.8% (55.4% excluding tariff refunds) and adjusted operating margin of 29.5% (27.1% on the same basis), calling the near-30% operating margin an important milestone. On balance sheet and capital allocation, he said the company had about USD 830 million in cash and cash equivalents, spent USD 48.4 million on CapEx in the first half, expects about USD 130 million for full-year CapEx, and does not see a need for equity financing.
Analysts focused on the upward revision to Life Science guidance, the role of AIDD demand, and whether more upside could follow. Management said growth was driven by AIDD demand, a higher-quality customer mix, and years of platform investment, and added that AIDD is still early, with order size, customer depth, and recurring complex projects all pointing in the same direction. Questions on competition versus Twist Bioscience drew a detailed response from Ray Chen, who said GenScript competes on speed to data, data quality, and value per delivery rather than commodity volume, and claimed meaningfully higher throughput and faster turnaround. Analysts also asked about ProBio’s AI-discovery pipeline and financing needs; management said ProBio signed USD 9.7 million of AIDD-related orders in the first half, delivered about USD 2.5 million in revenue from them, and that current liquidity and cash generation are sufficient, so no equity financing is needed.
The call presented AIDD as a structural growth engine, with management saying demand is still early and could keep exceeding current assumptions as customers move into larger-scale validation and recurring workflows. GenScript also reported strong operating leverage, improving margins, and a large cash balance, suggesting it can fund capacity expansion without external financing.
Management acknowledged that growth depends on continued AIDD momentum and successful execution on capacity expansion, with the company planning roughly USD 130 million of full-year CapEx. Bestzyme remains smaller and is still operating with an adjusted operating loss, and ProBio is growing quickly but still had an adjusted EBITDA loss of USD 6.5 million in the first half.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 52.0%
- Shares Outstanding
- 2.18B
- Float Shares
- 1.14B
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Generate GNNSF report →Genscript Biotech Corporation (GNNSF) Q2 2026 Earnings Call Transcript
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