What is MiMedx Group's work in process?

MiMedx Group (MDXG) reported work in process of $4.22M in Q1 2026.

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

MiMedx Group's work in process decreased by 6.7% year-over-year, from $4.53M to $4.22M.

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

Over 5 years (2020 to 2025), MiMedx Group's work in process has grown at a 15.0% compound annual growth rate (CAGR), from $4.32M to $8.67M.

What does work in process mean?

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

MiMedx Group MDXG Work in process

Work in process at other companies

IAR

Integra LifeSciencesIART

$109.68M+18.4%

ArtivionAORT

$20.4M+25.3%

SolventumSOLV

$222M+29.8%

VericelVCEL

$1.51M-5.0%

EnovisENOV

$59.47M+19.7%

CorMedixCRMD

$9.23M+115%

Other financials

Income statement

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Revenue$59.0M-33.1%

Gross profit$41.6M-41.9%

Operating income-$16.0M-295%

Net income-$10.9M-255%

EPS (diluted)-$0.07-240%

Balance sheet

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Cash & equivalents$159.8M+50.1%

Total debt$17.6M-5.7%

Total equity$242.9M+19.8%

Total assets$308.7M+14.1%

Cash flow

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Operating cash flow$1.9M-64.5%

CapEx$570.0K+51.2%

Free cash flow$1.3M-73.4%

Valuation

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Market cap$567.48M-33.9%

Enterprise value$425.3M-44.8%

P/E18.5×-2.9×

P/S1.5×-1.0×

Profitability

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Gross margin81%-0.9pp

Operating margin10.2%-5.1pp

Net margin7.9%-3.5pp

FCF margin17.8%-0.5pp

Returns & leverage

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Return on equity13.8%-8.6pp

Debt / equity0.1×0.0×

Current ratio5.4×+0.7×

Where this comes from

Reported directly by MiMedx Group in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: MiMedx Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MiMedx Group's work in process?: MiMedx Group (MDXG) reported work in process of $4.22M in Q1 2026.
How has MiMedx Group's work in process changed year-over-year?: MiMedx Group's work in process decreased by 6.7% year-over-year, from $4.53M to $4.22M.
What is the long-term trend for MiMedx Group's work in process?: Over 5 years (2020 to 2025), MiMedx Group's work in process has grown at a 15.0% compound annual growth rate (CAGR), from $4.32M to $8.67M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.