What is Enovis's work in process?

Enovis (ENOV) reported work in process of $59.47M in Q1 2026.

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

Enovis's work in process increased by 19.7% year-over-year, from $49.7M to $59.47M.

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

Over 5 years (2020 to 2025), Enovis's work in process has grown at a 6.3% compound annual growth rate (CAGR), from $40.52M to $54.9M.

What does work in process mean?

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

Enovis ENOV Work in process

Work in process at other companies

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$435M+9.3%

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$46.64M-4.7%

VericelVCEL

$1.51M-5.0%

Envista Holdings CorporationNVST

$35.1M+26.7%

Avanos MedicalAVNS

$25M+10.1%

Globus MedicalGMED

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Other financials

Income statement

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Revenue$589.2M+5.4%

Gross profit$365.5M+10.0%

Operating income$6.5M+114%

Net income-$8.8M+84.3%

EPS (diluted)-$0.15+84.7%

Balance sheet

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Cash & equivalents$33.1M-13.9%

Total debt$1.4B-3.1%

Total equity$1.5B-43.6%

Total assets$3.8B-21.4%

Cash flow

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Operating cash flow$24.0M+1,601%

CapEx$52.8M+22.1%

Free cash flow-$28.9M+35.7%

Valuation

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Market cap$1.23B-40.2%

Enterprise value$2.55B-25.8%

P/S0.5×-0.4×

Profitability

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Gross margin60.5%+4.0pp

Operating margin-47%+18.6pp

Net margin-49.9%+24.1pp

FCF margin-3.1%-1.1pp

Returns & leverage

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Return on equity-55.5%-1,722pp

Debt / equity0.9×+0.4×

Current ratio2×-0.5×

Where this comes from

Reported directly by Enovis in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

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

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Questions, answered.

What is Enovis's work in process?: Enovis (ENOV) reported work in process of $59.47M in Q1 2026.
How has Enovis's work in process changed year-over-year?: Enovis's work in process increased by 19.7% year-over-year, from $49.7M to $59.47M.
What is the long-term trend for Enovis's work in process?: Over 5 years (2020 to 2025), Enovis's work in process has grown at a 6.3% compound annual growth rate (CAGR), from $40.52M to $54.9M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.