What is Rapid Micro Biosystems's work in process?

Rapid Micro Biosystems (RPID) reported work in process of $2.54M in Q1 2026.

How has Rapid Micro Biosystems's work in process changed year-over-year?

Rapid Micro Biosystems's work in process increased by 246.0% year-over-year, from $733K to $2.54M.

What is the long-term trend for Rapid Micro Biosystems's work in process?

Over 4 years (2021 to 2025), Rapid Micro Biosystems's work in process has grown at a -8.0% compound annual growth rate (CAGR), from $1.24M to $884K.

What does work in process mean?

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

Rapid Micro Biosystems RPID Work in process

Work in process at other companies

Pacific Biosciences of CaliforniaPACB

$27.35M+9.8%

iRadimedIRMD

$564K—

Lifecore Biomedical, Inc.LFCR

$13.47M—

Charles River LaboratoriesCRL

——

Bio-Rad LaboratoriesBIO

——

West Pharmaceutical ServicesWST

——

Other financials

Income statement

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Revenue$8.0M+11.1%

Gross profit$371.0K-8.2%

Operating income-$13.9M-18.8%

Net income-$14.3M-26.7%

EPS (diluted)-$0.31-19.2%

Balance sheet

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Cash & equivalents$14.1M-26.8%

Total debt$23.8M+301%

Total equity$20.4M-68.9%

Total assets$62.4M-27.0%

Cash flow

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Operating cash flow-$15.1M-66.1%

CapEx$394.0K+23.5%

Free cash flow-$15.5M-64.7%

Valuation

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Market cap$86.19M-43.8%

Enterprise value$95.86M-31.7%

P/S2.5×-2.6×

Profitability

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Operating margin-144.2%-12.7pp

Net margin-145.8%-5.0pp

FCF margin-110.5%-14.9pp

Returns & leverage

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Return on equity-116.7%-620pp

Debt / equity1.2×+1.1×

Current ratio2.6×-2.0×

Where this comes from

Reported directly by Rapid Micro Biosystems in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Rapid Micro Biosystems’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rapid Micro Biosystems's work in process?: Rapid Micro Biosystems (RPID) reported work in process of $2.54M in Q1 2026.
How has Rapid Micro Biosystems's work in process changed year-over-year?: Rapid Micro Biosystems's work in process increased by 246.0% year-over-year, from $733K to $2.54M.
What is the long-term trend for Rapid Micro Biosystems's work in process?: Over 4 years (2021 to 2025), Rapid Micro Biosystems's work in process has grown at a -8.0% compound annual growth rate (CAGR), from $1.24M to $884K.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.