What is Teleflex's work in process?

Teleflex (TFX) reported work in process of $53.39M in Q1 2026.

How has Teleflex's work in process changed year-over-year?

Teleflex's work in process decreased by 62.2% year-over-year, from $141.13M to $53.39M.

What is the long-term trend for Teleflex's work in process?

Over 5 years (2020 to 2025), Teleflex's work in process has grown at a -6.4% compound annual growth rate (CAGR), from $75.87M to $54.37M.

What does work in process mean?

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

Teleflex TFX Work in process

Work in process at other companies

StrykerSYK

$435M+9.3%

SolventumSOLV

$222M+29.8%

Becton, Dickinson and CompanyBDX

——

Boston ScientificBSX

——

MedtronicMDT

——

Baxter InternationalBAX

——

Other financials

Income statement

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Revenue$548.3M+32.3%

Gross profit$307.4M+20.4%

Operating income$20.2M-73.4%

Net income-$8.2M-109%

EPS (diluted)-$0.18-109%

Balance sheet

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Cash & equivalents$329.6M+16.8%

Total debt$2.8B+38.6%

Total equity$3.1B-24.7%

Total assets$6.8B-5.3%

Cash flow

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Operating cash flow$46.7M+68.3%

CapEx$18.8M-22.1%

Free cash flow$27.9M+676%

Valuation

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Market cap$5.62B-14.4%

Enterprise value$8.07B-2.0%

P/S2.6×-1.2×

Profitability

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Gross margin38.2%-3.0pp

Operating margin3%-11.8pp

Net margin-47.4%-56.2pp

FCF margin7.9%—

Returns & leverage

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Return on equity-28.1%-31.6pp

Debt / equity0.9×+0.4×

Current ratio2.6×+0.3×

Where this comes from

Reported directly by Teleflex in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Teleflex’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Teleflex's work in process?: Teleflex (TFX) reported work in process of $53.39M in Q1 2026.
How has Teleflex's work in process changed year-over-year?: Teleflex's work in process decreased by 62.2% year-over-year, from $141.13M to $53.39M.
What is the long-term trend for Teleflex's work in process?: Over 5 years (2020 to 2025), Teleflex's work in process has grown at a -6.4% compound annual growth rate (CAGR), from $75.87M to $54.37M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.