Teledyne Technologies Work in process increased by 11.7% to $234.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $242.00M to $234.50M. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 28.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests efficient throughput or reduced manufacturing activity.
Represents the value of goods that have entered the production process but are not yet finished. For a manufacturer like...
Peers in medical device manufacturing typically maintain lean WIP levels to optimize cash conversion cycles.
inv_work_in_progress| 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 | $130.40M | $140.20M | $123.00M | $131.90M | $140.40M | $157.80M | $156.80M | $178.90M | $180.30M | $202.80M | $184.80M | $193.40M | $209.90M | $209.60M | $190.40M | $242.00M | $246.20M | $241.10M | $210.00M | $234.50M |
| QoQ Change | — | +7.5% | -12.3% | +7.2% | +6.4% | +12.4% | -0.6% | +14.1% | +0.8% | +12.5% | -8.9% | +4.7% | +8.5% | -0.1% | -9.2% | +27.1% | +1.7% | -2.1% | -12.9% | +11.7% |
| YoY Change | — | — | — | — | +7.7% | +12.6% | +27.5% | +35.6% | +28.4% | +28.5% | +17.9% | +8.1% | +16.4% | +3.4% | +3.0% | +25.1% | +17.3% | +15.0% | +10.3% | -3.1% |
| % of Inventories | 14.9% | 16.7% | 16.3% | 16.5% | 17.1% | 18.9% | 17.6% | 18.8% | 18.6% | 21.1% | 20.1% | 20.7% | 21.7% | 21.7% | 20.8% | 23.9% | 23.5% | 22.8% | 20.1% | 20.9% |
| Share Change | — | +1.8pp | -0.4pp | +0.1pp | +0.6pp | +1.8pp | -1.3pp | +1.2pp | -0.2pp | +2.5pp | -0.9pp | +0.6pp | +1.0pp | -0.0pp | -0.9pp | +3.1pp | -0.4pp | -0.7pp | -2.7pp | +0.8pp |