Current Assets
Work in process
PepsiCo Work in process decreased by 7.0% to $133.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.7%, from $118.00M to $133.00M. Over 5 years (FY 2020 to FY 2025), Work in process shows a downward trend with a -6.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 16, 2026
Parent metricInventories
How to read this metric
A decrease generally signals improved manufacturing throughput and efficiency, while an increase may indicate production delays or inventory buildup.
Detailed definition
This represents the value of goods that have entered the production process but are not yet completed or ready for sale....
Peer comparison
Standard metric for manufacturing companies to assess production cycle times.
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 | $381.00M | $178.00M | $151.00M | $154.00M | $158.00M | $150.00M | $114.00M | $115.00M | $110.00M | $119.00M | $104.00M | $97.00M | $121.00M | $131.00M | $104.00M | $118.00M | $135.00M | $154.00M | $143.00M | $133.00M |
| QoQ Change | — | -53.3% | -15.2% | +2.0% | +2.6% | -5.1% | -24.0% | +0.9% | -4.3% | +8.2% | -12.6% | -6.7% | +24.7% | +8.3% | -20.6% | +13.5% | +14.4% | +14.1% | -7.1% | -7.0% |
| YoY Change | — | — | — | — | -58.5% | -15.7% | -24.5% | -25.3% | -30.4% | -20.7% | -8.8% | -15.7% | +10.0% | +10.1% | +0.0% | +21.6% | +11.6% | +17.6% | +37.5% | +12.7% |
| % of Inventories | 7.6% | 4.1% | 3.5% | 3.2% | 3.0% | 3.0% | 2.2% | 2.0% | 1.8% | 2.1% | 1.9% | 1.7% | 2.1% | 2.3% | 2.0% | 2.1% | 2.1% | 2.5% | 2.4% | 2.1% |
| Share Change | — | -3.5pp | -0.6pp | -0.2pp | -0.2pp | +0.0pp | -0.8pp | -0.2pp | -0.2pp | +0.3pp | -0.2pp | -0.2pp | +0.3pp | +0.3pp | -0.4pp | +0.1pp | -0.0pp | +0.4pp | -0.1pp | -0.3pp |
Range$97.00M – $381.00M
CAGR-19.9%
Avg YoY Growth-4.9%
Median YoY Growth-4.4%
Current Streak2 quarters decline
Work in process at Other Companies
Frequently Asked Questions
- What is PepsiCo's work in process?
- PepsiCo (PEP) reported work in process of $133.00M in Q1 2026.
- How has PepsiCo's work in process changed year-over-year?
- PepsiCo's work in process increased by 12.7% year-over-year, from $118.00M to $133.00M.
- What is the long-term trend for PepsiCo's work in process?
- Over 5 years (2020 to 2025), PepsiCo's work in process has grown at a -6.9% compound annual growth rate (CAGR), from $205.00M to $143.00M.
- What does work in process mean?
- The value of goods currently in the manufacturing process that are not yet finished.