Arthur J. Gallagher Unbilled balances increased by 48.2% to $2.75B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
An increasing trend may signal delays in the billing process or a buildup of working capital that could impact cash flow.
This represents revenue recognized for work performed on long-term contracts that has not yet been billed to the custome...
Common in engineering, construction, and defense sectors where long-term contracts are standard.
other_unbilled_contracts_receivable| Q4 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|
| Value | $1.27B | $1.91B | $2.10B | $1.86B | $2.75B |
| QoQ Change | — | +49.8% | +9.8% | -11.3% | +48.2% |
| YoY Change | — | — | — | +45.9% | — |