Current Assets

Work in process

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.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026
Parent metricInventories

How to read this metric

An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests efficient throughput or reduced manufacturing activity.

Detailed definition

Represents the value of goods that have entered the production process but are not yet finished. For a manufacturer like...

Peer comparison

Peers in medical device manufacturing typically maintain lean WIP levels to optimize cash conversion cycles.

Metric ID: inv_work_in_progress

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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 Inventories14.9%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
Range$123.00M$246.20M
CAGR+13.2%
Avg YoY Growth+15.9%
Median YoY Growth+15.7%

Frequently Asked Questions

What is Teledyne Technologies's work in process?
Teledyne Technologies (TDY) reported work in process of $234.50M in Q1 2026.
How has Teledyne Technologies's work in process changed year-over-year?
Teledyne Technologies's work in process decreased by 3.1% year-over-year, from $242.00M to $234.50M.
What is the long-term trend for Teledyne Technologies's work in process?
Over 5 years (2020 to 2025), Teledyne Technologies's work in process has grown at a 28.3% compound annual growth rate (CAGR), from $60.50M to $210.00M.
What does work in process mean?
The value of goods currently in the middle of the manufacturing process.