What is Precision Optics Corporation's work in process?

Precision Optics Corporation (POCI) reported work in process of $579.59K in Q1 2026.

What is the long-term trend for Precision Optics Corporation's work in process?

Over 4 years (2021 to 2025), Precision Optics Corporation's work in process has grown at a 7.2% compound annual growth rate (CAGR), from $453.12K to $598.72K.

What does work in process mean?

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

Precision Optics Corporation POCI Work in process

Work in process at other companies

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$435M+9.3%

Syntec Optics Holdings, Inc.OPTX

$7.82M+6.8%

Laser Photonics CorporationLASE

$152.78K-81.0%

Optex Systems HoldingsOPXS

$6.39M+2.9%

West Pharmaceutical ServicesWST

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Sanmina CorpSANM

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Other financials

Income statement

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Revenue$8.7M+108%

Gross profit$2.1M+392%

Operating income-$64.5K+96.8%

Net income-$108.3K+94.8%

EPS (diluted)-$0.01+96.7%

Balance sheet

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Cash & equivalents$10.7M+319%

Total debt$4.3M+103%

Total equity$20.1M+52.6%

Total assets$33.7M+71.7%

Cash flow

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Operating cash flow-$723.3K+61.4%

CapEx$46.2K+297%

Free cash flow-$615.5K+37.7%

Valuation

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Market cap$55.82M+58.1%

Enterprise value$49.42M+39.1%

P/S1.9×+0.1×

Profitability

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Gross margin13.8%-6.7pp

Operating margin-16.4%-5.3pp

Net margin-17%-5.5pp

FCF margin-19.8%+7.6pp

Returns & leverage

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Return on equity-29.6%-8.1pp

Debt / equity0.2×+0.1×

Current ratio2.1×+0.1×

Where this comes from

Reported directly by Precision Optics Corporation in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Precision Optics Corporation’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Precision Optics Corporation's work in process?: Precision Optics Corporation (POCI) reported work in process of $579.59K in Q1 2026.
What is the long-term trend for Precision Optics Corporation's work in process?: Over 4 years (2021 to 2025), Precision Optics Corporation's work in process has grown at a 7.2% compound annual growth rate (CAGR), from $453.12K to $598.72K.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.