What is ALH's work in process?

ALH (ALH) reported work in process of $21.5M in Q1 2026.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

ALH ALH Work in process

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Other financials

Income statement

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Revenue$426.9M+9.6%

Gross profit$157.2M+8.4%

Operating income$83.8M+12.5%

Net income$56.9M+230%

EPS (diluted)$0.28+180%

Balance sheet

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Cash & equivalents$152.4M-34.0%

Total debt$21.7M—

Total equity$430.1M+276%

Total assets$2.9B—

Cash flow

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Operating cash flow$79.9M+75.8%

CapEx$5.2M-38.8%

Free cash flow$74.7M+102%

Valuation

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Market cap$5.34B—

Enterprise value$5.21B—

P/E37.8×—

P/S3.1×—

Profitability

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Gross margin37.5%—

Operating margin18.7%—

Net margin8.1%—

FCF margin12.9%—

Returns & leverage

See full

Return on equity17.3%—

Debt / equity0.1×—

Current ratio1.4×—

Where this comes from

Reported directly by ALH in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: ALH’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ALH's work in process?: ALH (ALH) reported work in process of $21.5M in Q1 2026.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.