What is Envoy Medical's work in process?

Envoy Medical (COCH) reported work in process of $50K in Q1 2026.

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

Envoy Medical's work in process decreased by 7.4% year-over-year, from $54K to $50K.

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

Over 3 years (2022 to 2025), Envoy Medical's work in process has grown at a -18.7% compound annual growth rate (CAGR), from $164K to $88K.

What does work in process mean?

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

Envoy Medical COCH Work in process

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Other financials

Income statement

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Revenue$39.0K-15.2%

Gross profit-$274.0K-52.2%

Operating income-$6.0M-16.7%

Net income-$4.4M+12.9%

EPS (diluted)-$0.08+72.4%

Balance sheet

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Cash & equivalents$25.3M+376%

Total debt$919.0K-2.8%

Total equity$10.2M+142%

Total assets$29.8M+187%

Cash flow

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Operating cash flow-$6.1M-62.7%

CapEx$172.0K—

Free cash flow-$5.9M-28.5%

Valuation

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Market cap$61M+83.5%

P/S260.7×+111×

Profitability

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Gross margin-310.7%+31.6pp

Operating margin-9,881.2%+805pp

Net margin-9,875.6%+771pp

FCF margin-7,626.6%-652pp

Returns & leverage

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Return on equity328.7%—

Debt / equity0.1×—

Current ratio2.3×+1.2×

Where this comes from

Reported directly by Envoy Medical in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Envoy Medical’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Envoy Medical's work in process?: Envoy Medical (COCH) reported work in process of $50K in Q1 2026.
How has Envoy Medical's work in process changed year-over-year?: Envoy Medical's work in process decreased by 7.4% year-over-year, from $54K to $50K.
What is the long-term trend for Envoy Medical's work in process?: Over 3 years (2022 to 2025), Envoy Medical's work in process has grown at a -18.7% compound annual growth rate (CAGR), from $164K to $88K.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.