What is Perrigo Company's work in process?

Perrigo Company (PRGO) reported work in process of $228.7M in Q1 2026.

How has Perrigo Company's work in process changed year-over-year?

Perrigo Company's work in process decreased by 3.8% year-over-year, from $237.8M to $228.7M.

What is the long-term trend for Perrigo Company's work in process?

Over 5 years (2020 to 2025), Perrigo Company's work in process has grown at a 3.3% compound annual growth rate (CAGR), from $220.4M to $259.4M.

What does work in process mean?

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

Perrigo Company PRGO Work in process

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$2.36M-22.3%

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BellRing BrandsBRBR

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KenvueKVUE

——

Other financials

Income statement

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Revenue$969.2M-7.2%

Gross profit$325.5M-17.0%

Operating income-$372.3M-894%

Net income-$398.6M-6,128%

EPS (diluted)-$2.87-5,640%

Balance sheet

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Cash & equivalents$357.2M-12.9%

Total debt$3.8B-0.6%

Total equity$2.5B-42.7%

Total assets$8.0B-18.2%

Cash flow

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Operating cash flow-$113.6M-76.1%

CapEx$13.8M-45.9%

Free cash flow-$127.4M-41.6%

Valuation

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Market cap$1.35B-61.4%

Enterprise value$4.82B-31.9%

P/S0.3×-0.5×

Profitability

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Gross margin34.2%-2.2pp

Operating margin-36.9%-41.8pp

Net margin-43.5%-48.6pp

FCF margin4.2%-2.0pp

Returns & leverage

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Return on equity-53%-57.7pp

Debt / equity1.5×+0.6×

Current ratio2.7×+0.4×

Where this comes from

Reported directly by Perrigo Company in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Perrigo Company’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Perrigo Company's work in process?: Perrigo Company (PRGO) reported work in process of $228.7M in Q1 2026.
How has Perrigo Company's work in process changed year-over-year?: Perrigo Company's work in process decreased by 3.8% year-over-year, from $237.8M to $228.7M.
What is the long-term trend for Perrigo Company's work in process?: Over 5 years (2020 to 2025), Perrigo Company's work in process has grown at a 3.3% compound annual growth rate (CAGR), from $220.4M to $259.4M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.