Current Assets
Work in process
Stryker Work in process increased by 4.8% to $435.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $398.00M to $435.00M. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 10.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 11, 2026
Parent metricInventories
How to read this metric
Rising levels may indicate production delays or scaling issues, while stable levels suggest a predictable manufacturing throughput.
Detailed definition
This represents the value of goods that are currently in the manufacturing process but are not yet finished or ready for...
Peer comparison
Common in complex medical device assembly where production cycles can be lengthy.
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 | $264.00M | $274.00M | $264.00M | $298.00M | $315.00M | $309.00M | $348.00M | $366.00M | $391.00M | $342.00M | $330.00M | $372.00M | $380.00M | $391.00M | $336.00M | $398.00M | $436.00M | $442.00M | $415.00M | $435.00M |
| QoQ Change | — | +3.8% | -3.6% | +12.9% | +5.7% | -1.9% | +12.6% | +5.2% | +6.8% | -12.5% | -3.5% | +12.7% | +2.2% | +2.9% | -14.1% | +18.5% | +9.5% | +1.4% | -6.1% | +4.8% |
| YoY Change | — | — | — | — | +19.3% | +12.8% | +31.8% | +22.8% | +24.1% | +10.7% | -5.2% | +1.6% | -2.8% | +14.3% | +1.8% | +7.0% | +14.7% | +13.0% | +23.5% | +9.3% |
| % of Inventories | 7.7% | 8.0% | 8.0% | 8.5% | 8.4% | 8.0% | 8.7% | 8.4% | 8.5% | 7.0% | 6.8% | 7.4% | 7.5% | 7.4% | 7.0% | 7.8% | 8.2% | 8.2% | 7.8% | 8.0% |
| Share Change | — | +0.3pp | -0.0pp | +0.5pp | -0.1pp | -0.4pp | +0.8pp | -0.3pp | +0.1pp | -1.5pp | -0.2pp | +0.6pp | +0.1pp | -0.1pp | -0.4pp | +0.8pp | +0.4pp | -0.0pp | -0.4pp | +0.2pp |
Range$264.00M – $442.00M
CAGR+11.1%
Avg YoY Growth+12.4%
Median YoY Growth+12.9%
Work in process at Other Companies
Frequently Asked Questions
- What is Stryker's work in process?
- Stryker (SYK) reported work in process of $435.00M in Q1 2026.
- How has Stryker's work in process changed year-over-year?
- Stryker's work in process increased by 9.3% year-over-year, from $398.00M to $435.00M.
- What is the long-term trend for Stryker's work in process?
- Over 5 years (2020 to 2025), Stryker's work in process has grown at a 10.6% compound annual growth rate (CAGR), from $251.00M to $415.00M.
- What does work in process mean?
- The value of products currently being manufactured but not yet completed.