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Genscript Biotech (1548) investor relations material
Genscript Biotech H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first half of 2026 reached $404.2 million, up 27.3% year-over-year, with adjusted net profit surging 203.3% to $62.5 million; core business net profit rose 116.7% to $25.6 million, while reported net loss narrowed to $129.3 million due to equity accounting impacts from Legend Group.
Growth was driven by AI-driven demand, expansion of the gene-to-protein platform, and operational efficiency gains across all business segments.
The company is positioned as a critical infrastructure provider for AI-enabled biotech innovation, with a diversified global customer base and strong balance sheet.
Operating leverage, innovation, and global expansion accelerated profitability and margin expansion.
Three main business segments: Life Science Group (78% of revenue), ProBio (14.4%), and Bestzyme (7.5%).
Financial highlights
Group revenue reached $404.2 million, up 27.3% year-over-year; gross profit was $206.7 million, up 48%.
Adjusted net profit hit $62.5 million, up 203.3% year-over-year; net loss was $129.3 million, improved from $181.9 million loss.
Life Science Group revenue grew 28.8% to $319 million; ProBio revenue rose 34.2% to $61.1 million; Bestzyme revenue increased 7.4% to $30.4 million.
Adjusted gross margin for Life Science Group reached 57.8% (55.4% excluding U.S. tariff refunds); adjusted operating margin was 29.5% (27.1% excluding refunds).
Loss per share: (5.92) US cents.
Outlook and guidance
Full-year guidance for Life Science Service segment raised: revenue growth expected at 25%-30%, adjusted gross margin above 55%, and adjusted operating margin above 25%.
ProBio revenue growth guidance increased to 25%-30%, with positive EBITDA targeted for 2027.
Bestzyme expected to achieve 8%-10% revenue growth and maintain adjusted gross margin over 43%.
Continued strategic investments in gene-to-protein platform, automation, and digitalization to support AI-driven drug discovery.
Sufficient resources and liquidity to support planned capital investments.
- Revenue rose 34.2%, led by CARVYKTI growth, while adjusted losses persisted.1548
H2 2023 - Revenue up 61.4% to $959.5M, adjusted net profit up 285%, but net loss from Legend impairment.1548
H2 2025 - Pursuing global leadership in life sciences with high-margin growth, innovation, and digitalization.1548
Investor Day 2025 Presentation - Revenue up 81.9% to $518.8M, adjusted net profit up 509.6%, strong license-driven growth.1548
H1 2025 - Revenue up 43.5% to $561.4M, driven by cell therapy and Bestzyme; adjusted net loss narrowed.1548
H1 2024 - Net profit soared to $2.9B on a $3.2B gain from cell therapy business deconsolidation.1548
H2 2024
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