What is Dover's work in process?

Dover (DOV) reported work in process of $258.02M in Q1 2026.

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

Dover's work in process increased by 3.1% year-over-year, from $250.14M to $258.02M.

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

Over 5 years (2020 to 2025), Dover's work in process has grown at a 9.1% compound annual growth rate (CAGR), from $152.36M to $235.52M.

What does work in process mean?

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

Dover DOV Work in process

Work in process at other companies

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$30.98M+11.3%

FortiveFTV

$13.9M-87.2%

VontierVNT

$22.3M-1.3%

DanaherDHR

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IDEXIEX

——

Ingersoll RandIR

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Other financials

Income statement

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Revenue$2.1B+10.1%

Gross profit$798.1M+7.1%

Operating income$305.9M+3.2%

Net income$238.4M+3.3%

EPS (diluted)$1.75+4.8%

Balance sheet

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Cash & equivalents$1.6B-9.1%

Total debt$3.3B+10.7%

Total equity$7.5B+4.9%

Total assets$13.5B+6.8%

Cash flow

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Operating cash flow$191.0M+21.3%

CapEx$59.8M+24.1%

Free cash flow$131.2M+20.0%

Valuation

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Market cap$30.2B+14.7%

Enterprise value$31.85B+13.1%

P/E27.4×+15.9×

P/S3.7×+0.3×

Profitability

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Gross margin39.5%+0.6pp

Operating margin16.7%+0.5pp

Net margin13.3%-16.4pp

FCF margin13.8%+2.1pp

Returns & leverage

See full

Return on equity15.1%-22.3pp

Debt / equity0.4×0.0×

Current ratio1.9×-0.3×

Where this comes from

Reported directly by Dover in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Dover’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dover's work in process?: Dover (DOV) reported work in process of $258.02M in Q1 2026.
How has Dover's work in process changed year-over-year?: Dover's work in process increased by 3.1% year-over-year, from $250.14M to $258.02M.
What is the long-term trend for Dover's work in process?: Over 5 years (2020 to 2025), Dover's work in process has grown at a 9.1% compound annual growth rate (CAGR), from $152.36M to $235.52M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.