Ultragenyx Pharmaceutical (RARE) Work In Process (2017 - 2026)

Ultragenyx Pharmaceutical (RARE) posted quarterly Work In Process of $33.0 million for Q1 2026, up 44.02% year-over-year from $22.9 million in Q1 2025, and up 22.22% quarter-over-quarter from $27.0 million in Q4 2025.

Ultragenyx Pharmaceutical (RARE) Work In Process (2017 - 2026) Analysis & Trends

Ultragenyx Pharmaceutical (RARE) has reported Work In Process for 10 consecutive years, with $33.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Work In Process rose 44.02% year-over-year to $33.0 million; the TTM figure through Mar 2026 stood at $33.0 million (up 44.02% YoY), while the FY2025 annual figure was $27.0 million, up 22.73% from the prior year.
  • Work In Process climbed to $33.0 million in Q1 2026 per RARE's latest filing, from $27.0 million in the prior quarter.
  • Across five years, Work In Process topped out at $33.0 million in Q1 2026 and bottomed at $12.0 million in Q1 2022.
  • Historically, Work In Process has averaged $20.9 million across 5 years, with a median of $19.8 million in 2025.
  • Annual changes were most pronounced in 2022 — Work In Process soared 76.75% — and 2025, when it dropped 21.77%.
  • Ultragenyx Pharmaceutical's Work In Process stood at $17.5 million in 2022, then climbed by 7.85% to $18.9 million in 2023, then increased by 16.66% to $22.0 million in 2024, then climbed by 22.73% to $27.0 million in 2025, then climbed by 22.22% to $33.0 million in 2026.
  • Business Quant data shows RARE's Work In Process at $33.0 million in Q1 2026, $27.0 million in Q4 2025, and $29.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Ultragenyx Pharmaceutical 2.61 Bn 2.33 Bn 180.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 32.00 Mn
Mar 31, 2026 33.00 Mn
Dec 31, 2025 27.00 Mn
Sep 30, 2025 29.19 Mn
Jun 30, 2025 19.76 Mn
Mar 31, 2025 22.91 Mn
Dec 31, 2024 22.00 Mn
Sep 30, 2024 20.28 Mn
Jun 30, 2024 25.25 Mn
Mar 31, 2024 22.82 Mn
Dec 31, 2023 18.86 Mn
Sep 30, 2023 19.17 Mn
Jun 30, 2023 18.54 Mn
Mar 31, 2023 15.09 Mn
Dec 31, 2022 17.49 Mn
Sep 30, 2022 15.78 Mn
Jun 30, 2022 16.19 Mn
Mar 31, 2022 11.99 Mn
Dec 31, 2021 10.50 Mn
Sep 30, 2021 9.55 Mn