What is Balchem's work in process?

Balchem (BCPC) reported work in process of $10.83M in Q1 2026.

How has Balchem's work in process changed year-over-year?

Balchem's work in process increased by 2.8% year-over-year, from $10.54M to $10.83M.

What is the long-term trend for Balchem's work in process?

Over 5 years (2020 to 2025), Balchem's work in process has grown at a 16.4% compound annual growth rate (CAGR), from $3.05M to $6.53M.

What does work in process mean?

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

Balchem BCPC Work in process

Work in process at other companies

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Elanco Animal Health Inc.ELAN

——

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——

Other financials

Income statement

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Revenue$270.7M+8.1%

Gross profit$101.1M+14.6%

Operating income$55.6M+9.0%

Net income$40.3M+8.7%

EPS (diluted)$1.25+10.6%

Balance sheet

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Cash & equivalents$72.9M+46.0%

Total debt$37.4M-1.7%

Total equity$1.3B+6.3%

Total assets$1.7B+4.7%

Cash flow

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Operating cash flow$40.1M+9.9%

Valuation

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Market cap$5.33B+0.5%

Enterprise value$5.3B+0.1%

P/E33.7×-5.1×

P/S5×-0.5×

Profitability

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Gross margin36.3%+0.7pp

Operating margin20.2%+0.3pp

Net margin15%+0.8pp

FCF margin14.9%—

Returns & leverage

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Return on equity12.7%+0.7pp

Debt / equity0×0.0×

Current ratio2.5×+0.1×

Where this comes from

Reported directly by Balchem in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Balchem’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Balchem's work in process?: Balchem (BCPC) reported work in process of $10.83M in Q1 2026.
How has Balchem's work in process changed year-over-year?: Balchem's work in process increased by 2.8% year-over-year, from $10.54M to $10.83M.
What is the long-term trend for Balchem's work in process?: Over 5 years (2020 to 2025), Balchem's work in process has grown at a 16.4% compound annual growth rate (CAGR), from $3.05M to $6.53M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.