What is Mativ Holdings's work in process?

Mativ Holdings (MATV) reported work in process of $53.8M in Q1 2026.

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

Mativ Holdings's work in process decreased by 3.2% year-over-year, from $55.6M to $53.8M.

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

Over 5 years (2020 to 2025), Mativ Holdings's work in process has grown at a 17.7% compound annual growth rate (CAGR), from $23.2M to $52.4M.

What does work in process mean?

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

Mativ Holdings MATV Work in process

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Other financials

Income statement

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Revenue$479.6M-1.1%

Gross profit$84.9M+16.9%

Operating income$7.3M+102%

Net income-$11.7M+97.3%

EPS (diluted)-$0.22+97.2%

Balance sheet

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Cash & equivalents$87.3M-6.9%

Total debt$1.1B-7.4%

Total equity$472.3M+10.3%

Total assets$2.0B-0.9%

Cash flow

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Operating cash flow$1.0M+106%

CapEx$8.4M-39.6%

Free cash flow-$7.4M+75.2%

Valuation

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Market cap$440.94M+25.1%

Enterprise value$1.45B+0.5%

P/S0.2×0.0×

Profitability

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Gross margin18.9%+1.0pp

Operating margin2.2%+1.1pp

Net margin-22.1%—

FCF margin5.9%+4.1pp

Returns & leverage

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Return on equity-68.5%—

Debt / equity2.3×-0.4×

Current ratio2.3×-0.1×

Where this comes from

Reported directly by Mativ Holdings in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

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

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Questions, answered.

What is Mativ Holdings's work in process?: Mativ Holdings (MATV) reported work in process of $53.8M in Q1 2026.
How has Mativ Holdings's work in process changed year-over-year?: Mativ Holdings's work in process decreased by 3.2% year-over-year, from $55.6M to $53.8M.
What is the long-term trend for Mativ Holdings's work in process?: Over 5 years (2020 to 2025), Mativ Holdings's work in process has grown at a 17.7% compound annual growth rate (CAGR), from $23.2M to $52.4M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.