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Current Assets

Work in process

Snap-on Work in process increased by 3.3% to $78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from $75.8M to $78M. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 4.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2017
Last reportedQ1 2026Apr 23, 2026
Parent metricInventories
Metric ID: inv_work_in_progress

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$63.7M$64.4M$63.7M$64.3M$68.7M$69.7M$73.1M$77.2M$76.2M$77M$78.8M$76.1M$76.5M$79.5M$78.4M$72.5M$75.8M$76.8M$78.2M$75.5M$78M
QoQ Change+1.1%-1.1%+0.9%+6.8%+1.5%+4.9%+5.6%-1.3%+1.0%+2.3%-3.4%+0.5%+3.9%-1.4%-7.5%+4.6%+1.3%+1.8%-3.5%+3.3%
YoY Change+7.8%+8.2%+14.8%+20.1%+10.9%+10.5%+7.8%-1.4%+0.4%+3.2%-0.5%-4.7%-0.9%-3.4%-0.3%+4.1%+2.9%
% of Inventories7.8%7.6%7.3%7.2%7.2%7.1%7.0%6.8%6.6%6.7%6.9%6.8%7.0%7.3%7.0%6.8%7.0%6.8%6.8%6.6%6.8%
Share Change-0.2pp-0.3pp-0.1pp-0.0pp-0.1pp-0.1pp-0.2pp-0.2pp+0.1pp+0.2pp-0.1pp+0.2pp+0.3pp-0.3pp-0.2pp+0.2pp-0.2pp-0.0pp-0.2pp+0.2pp
Range$63.7M$79.5M
CAGR+4.1%
Avg YoY Growth+4.7%
Median YoY Growth+3.2%

Frequently Asked Questions

What is Snap-on's work in process?
Snap-on (SNA) reported work in process of $78M in Q1 2026.
How has Snap-on's work in process changed year-over-year?
Snap-on's work in process increased by 2.9% year-over-year, from $75.8M to $78M.
What is the long-term trend for Snap-on's work in process?
Over 5 years (2020 to 2025), Snap-on's work in process has grown at a 4.2% compound annual growth rate (CAGR), from $61.6M to $75.5M.