Work in process
The Kraft Heinz Company Work in process increased by 4.3% to $290.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.8%, from $308.00M to $290.00M. Over 5 years (FY 2020 to FY 2025), Work in process shows relatively stable performance with a 0.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests efficient throughput or reduced manufacturing activity.
Detailed definition
Represents the value of goods that have entered the production process but are not yet finished. For a manufacturer like...
Peer comparison
Peers in medical device manufacturing typically maintain lean WIP levels to optimize cash conversion cycles.
inv_work_in_progressHistorical Data
| 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 | $246.00M | $268.00M | $268.00M | $270.00M | $262.00M | $306.00M | $334.00M | $330.00M | $284.00M | $357.00M | $338.00M | $307.00M | $272.00M | $348.00M | $310.00M | $308.00M | $263.00M | $320.00M | $278.00M | $290.00M |
| QoQ Change | — | +8.9% | +0.0% | +0.7% | -3.0% | +16.8% | +9.2% | -1.2% | -13.9% | +25.7% | -5.3% | -9.2% | -11.4% | +27.9% | -10.9% | -0.6% | -14.6% | +21.7% | -13.1% | +4.3% |
| YoY Change | — | — | — | — | +6.5% | +14.2% | +24.6% | +22.2% | +8.4% | +16.7% | +1.2% | -7.0% | -4.2% | -2.5% | -8.3% | +0.3% | -3.3% | -8.0% | -10.3% | -5.8% |
| % of Inventories | 8.7% | 9.4% | 9.8% | 8.7% | 7.6% | 8.7% | 9.1% | 8.2% | 7.4% | 9.4% | 9.4% | 8.6% | 7.6% | 9.0% | 9.2% | 8.6% | 7.4% | 9.1% | 8.8% | 8.8% |
| Share Change | — | +0.7pp | +0.4pp | -1.1pp | -1.1pp | +1.0pp | +0.5pp | -0.9pp | -0.8pp | +2.0pp | -0.1pp | -0.8pp | -1.0pp | +1.4pp | +0.2pp | -0.6pp | -1.2pp | +1.7pp | -0.3pp | -0.0pp |
Work in process at Other Companies
Frequently Asked Questions
- What is The Kraft Heinz Company's work in process?
- The Kraft Heinz Company (KHC) reported work in process of $290.00M in Q1 2026.
- How has The Kraft Heinz Company's work in process changed year-over-year?
- The Kraft Heinz Company's work in process decreased by 5.8% year-over-year, from $308.00M to $290.00M.
- What is the long-term trend for The Kraft Heinz Company's work in process?
- Over 5 years (2020 to 2025), The Kraft Heinz Company's work in process has grown at a 0.7% compound annual growth rate (CAGR), from $268.00M to $278.00M.
- What does work in process mean?
- The value of goods currently in the middle of the manufacturing process.