What is Team's work in process?

Team (TISI) reported work in process of $3.99M in Q1 2026.

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

Team's work in process increased by 38.5% year-over-year, from $2.88M to $3.99M.

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

Over 5 years (2020 to 2025), Team's work in process has grown at a 4.5% compound annual growth rate (CAGR), from $2.89M to $3.6M.

What does work in process mean?

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

Team TISI Work in process

Work in process at other companies

Mistras GroupMG

$1.3M+5.9%

DXP EnterprisesDXPE

$11.25M-29.8%

Other financials

Income statement

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Revenue$215.1M+8.3%

Gross profit$53.1M+12.4%

Operating income-$3.4M+43.8%

Net income-$11.3M+61.9%

EPS (diluted)-$3.12+52.8%

Balance sheet

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Cash & equivalents$12.8M-23.6%

Total debt$369.9M-9.3%

Total equity-$39.4M-51.8%

Total assets$479.4M-6.9%

Cash flow

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Operating cash flow-$9.1M+68.3%

CapEx$2.4M+72.4%

Free cash flow-$11.5M+61.7%

Valuation

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Market cap$78.99M-0.6%

Enterprise value$436.07M-10.3%

P/S0.1×0.0×

Profitability

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Gross margin26%0.0pp

Operating margin1.8%+0.6pp

Net margin-3.4%-1.0pp

FCF margin-1.5%—

Returns & leverage

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Return on equity-161.7%+470pp

Debt / equity218.7×+211×

Current ratio2.2×+0.3×

Where this comes from

Reported directly by Team in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Team’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Team's work in process?: Team (TISI) reported work in process of $3.99M in Q1 2026.
How has Team's work in process changed year-over-year?: Team's work in process increased by 38.5% year-over-year, from $2.88M to $3.99M.
What is the long-term trend for Team's work in process?: Over 5 years (2020 to 2025), Team's work in process has grown at a 4.5% compound annual growth rate (CAGR), from $2.89M to $3.6M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.