Current Assets
Work in process
Fortive Work in process increased by 13.0% to $13.9M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 87.2%, from $108.8M to $13.9M. Over 5 years (FY 2020 to FY 2025), Work in process shows a downward trend with a -30.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026Apr 30, 2026
Parent metricInventories
How to read this metric
An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests faster manufacturing cycle times.
Detailed definition
This represents the value of inventory that is currently in the production phase but has not yet reached finished goods...
Peer comparison
Generally compared against total inventory levels to assess manufacturing efficiency across industrial peers.
Metric ID:
inv_work_in_progressHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $80.2M | $87.9M | $94M | $103M | $104M | $105.1M | $96.4M | $103.6M | $105.2M | $110.7M | $108.9M | $113.9M | $116.1M | $111.8M | $15.3M | $108.8M | $117M | $12.2M | $12.3M | $13.9M |
| QoQ Change | — | +9.6% | +6.9% | +9.6% | +1.0% | +1.1% | -8.3% | +7.5% | +1.5% | +5.2% | -1.6% | +4.6% | +1.9% | -3.7% | -86.3% | +611.1% | +7.5% | -89.6% | +0.8% | +13.0% |
| YoY Change | — | — | — | — | +29.7% | +19.6% | +2.6% | +0.6% | +1.2% | +5.3% | +13.0% | +9.9% | +10.4% | +1.0% | -86.0% | -4.5% | +0.8% | -89.1% | -19.6% | -87.2% |
| % of Inventories | 16.4% | 17.3% | 18.3% | 18.6% | 19.0% | 18.8% | 18.0% | 18.2% | 18.7% | 20.0% | 20.3% | 19.6% | 20.3% | 19.8% | 5.7% | 19.2% | 19.2% | 3.9% | 4.2% | 4.5% |
| Share Change | — | +0.9pp | +1.0pp | +0.3pp | +0.4pp | -0.2pp | -0.8pp | +0.2pp | +0.6pp | +1.3pp | +0.2pp | -0.7pp | +0.7pp | -0.5pp | -14.2pp | +13.5pp | +0.0pp | -15.2pp | +0.3pp | +0.3pp |
Range$12.2M – $117M
CAGR-30.9%
Avg YoY Growth-12.0%
Median YoY Growth+1.1%
Current Streak2 quarters growth
Work in process at Other Companies
Frequently Asked Questions
- What is Fortive's work in process?
- Fortive (FTV) reported work in process of $13.9M in Q1 2026.
- How has Fortive's work in process changed year-over-year?
- Fortive's work in process decreased by 87.2% year-over-year, from $108.8M to $13.9M.
- What is the long-term trend for Fortive's work in process?
- Over 5 years (2020 to 2025), Fortive's work in process has grown at a -30.4% compound annual growth rate (CAGR), from $75.2M to $12.3M.
- What does work in process mean?
- The value of goods currently in the middle of the production process.