Mcgrath Rentcorp (MGRC) Work In Process (2023 - 2026)

Mcgrath Rentcorp has reported Work In Process for 4 years, with the latest figure at $7.5 million in Q1 2026.

• For the quarter ending Q1 2026, Work In Process fell 42.64% year-over-year to $7.5 million; the trailing twelve-month figure through Mar 2026 stood at $7.5 million (down 42.64% YoY), and the FY2025 full-year result was $4.1 million, down 62.26% from the prior year.
• Work In Process for Q1 2026 stood at $7.5 million, up from $4.1 million in the prior quarter.
• The five-year high for Work In Process was $24.1 million in Q2 2024, with the low at $4.1 million in Q4 2023.
• Historically, Work In Process has averaged $12.0 million across 4 years, with a median of $10.3 million in 2024.
• Annual changes were most pronounced in 2024 — Work In Process soared 164.95% — and 2025, when it plunged 67.78%.
• Mcgrath Rentcorp's Work In Process stood at $4.1 million in 2023, then soared by 164.95% to $10.9 million in 2024, then plunged by 62.26% to $4.1 million in 2025, then jumped by 81.69% to $7.5 million in 2026.
• The last three Work In Process figures came in at $7.5 million (Q1 2026), $4.1 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.