What is BioLife Solutions's work in process?

BioLife Solutions (BLFS) reported work in process of $5.8M in Q1 2026.

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

BioLife Solutions's work in process increased by 29.3% year-over-year, from $4.49M to $5.8M.

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

Over 3 years (2022 to 2025), BioLife Solutions's work in process has grown at a 3.9% compound annual growth rate (CAGR), from $5.68M to $6.37M.

What does work in process mean?

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

BioLife Solutions BLFS Work in process

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Other financials

Income statement

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Revenue$27.5M+24.7%

Gross profit$17.5M+18.2%

Operating income$27.0K+105%

Net income$1.2M+365%

EPS (diluted)$0.02—

Balance sheet

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Cash & equivalents$22.8M-65.9%

Total debt$17.4M-35.6%

Total equity$372.2M+5.6%

Total assets$400.9M+1.5%

Cash flow

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Operating cash flow-$491.0K-128%

CapEx$167.0K-4.6%

Free cash flow-$658.0K-142%

Valuation

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Market cap$1.34B+33.1%

Enterprise value$1.34B+38.1%

P/S13.5×+0.6×

Profitability

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Gross margin66.9%—

Operating margin-16.7%—

Net margin-68.7%—

FCF margin-15.9%+18.7pp

Returns & leverage

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Return on equity-14.5%-4.7pp

Debt / equity0×0.0×

Current ratio7.3×+2.6×

Where this comes from

Reported directly by BioLife Solutions in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: BioLife Solutions’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BioLife Solutions's work in process?: BioLife Solutions (BLFS) reported work in process of $5.8M in Q1 2026.
How has BioLife Solutions's work in process changed year-over-year?: BioLife Solutions's work in process increased by 29.3% year-over-year, from $4.49M to $5.8M.
What is the long-term trend for BioLife Solutions's work in process?: Over 3 years (2022 to 2025), BioLife Solutions's work in process has grown at a 3.9% compound annual growth rate (CAGR), from $5.68M to $6.37M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.