Ultragenyx Pharmaceutical (RARE) Work In Process (2017 - 2026)
Ultragenyx Pharmaceutical (RARE) reported Work In Process of $32 million for Q2 2026, up 62.0% from $19.76 million a year earlier but down 3.0% from the prior quarter.
Ultragenyx Pharmaceutical (RARE) Work In Process (2017 - 2026) Analysis & Trends
At the end of FY2025, Ultragenyx Pharmaceutical posted Work In Process of $27 million, up 22.7% from FY2024.
- Work In Process has increased for five consecutive years, with a five-year compound annual growth rate of 30.3% (FY2020 to FY2025).
- By year, Work In Process came in at $22 million in FY2024 (+16.7%), $18.86 million in FY2023 (+7.9%), $17.49 million in FY2022 (+66.5%) and $10.5 million in FY2021 (+46.2%).
- Five-year quarterly Work In Process spans a low of $9.55 million in Q3 2021 and a high of $33 million in Q1 2026.
- Year over year, Work In Process has now increased in each of the last four quarters, with growth averaging 21.7% over the last eight quarters.
- The high point for year-over-year Work In Process in five years was Q1 2022 (growth of 76.8%); the low point was Q2 2025 (a decline of 21.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $33 million (Q1 2026), $27 million (Q4 2025) and $29.19 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn |
| 10 | Ultragenyx Pharmaceutical | 1.51 Bn | -292.70 Mn | 180.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Ultragenyx Pharmaceutical Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=RARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "RARE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=RARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();