What is CVR Energy's work in process?

CVR Energy (CVI) reported work in process of $42M in Q1 2026.

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

CVR Energy's work in process decreased by 44.7% year-over-year, from $76M to $42M.

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

Over 5 years (2020 to 2025), CVR Energy's work in process has grown at a 18.3% compound annual growth rate (CAGR), from $16M to $37M.

What does work in process mean?

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

CVR Energy CVI Work in process

Work in process at other companies

Alarm.com HoldingsALRM

$271K-55.8%

LCI IndustriesLCII

$43.86M+1.4%

GriffonGFF

$9.44M-24.6%

Envista Holdings CorporationNVST

$35.1M+26.7%

VestisVSTS

$1.07M-63.5%

VontierVNT

$22.3M-1.3%

Other financials

Income statement

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Revenue$2.0B+20.3%

Gross profit-$103.0M-13.2%

Operating income-$145.0M-10.7%

Net income-$192.0M-56.1%

EPS (diluted)-$1.91-56.6%

Balance sheet

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Cash & equivalents$512.0M-26.3%

Total debt$1.8B-6.9%

Total equity$538.0M-7.2%

Total assets$3.9B-9.2%

Cash flow

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Operating cash flow$64.0M+133%

CapEx$47.0M-7.8%

Free cash flow$17.0M+107%

Valuation

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Market cap$2.73B+73.5%

Enterprise value$4.03B+46.3%

P/S0.4×+0.1×

Profitability

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Gross margin6.3%+2.4pp

Operating margin4.1%+2.1pp

Net margin2.3%+1.4pp

FCF margin-2%—

Returns & leverage

See full

Return on equity21.9%+13.3pp

Debt / equity3.4×0.0×

Current ratio1.4×+0.1×

Where this comes from

Reported directly by CVR Energy in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: CVR Energy’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CVR Energy's work in process?: CVR Energy (CVI) reported work in process of $42M in Q1 2026.
How has CVR Energy's work in process changed year-over-year?: CVR Energy's work in process decreased by 44.7% year-over-year, from $76M to $42M.
What is the long-term trend for CVR Energy's work in process?: Over 5 years (2020 to 2025), CVR Energy's work in process has grown at a 18.3% compound annual growth rate (CAGR), from $16M to $37M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.