Other

Unbilled balances

Dycom Industries Unbilled balances increased by 25.6% to $1.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $907.52M to $1.11B. Over 5 years (FY 2021 to FY 2026), Unbilled balances shows an upward trend with a 12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2027May 28, 2026

How to read this metric

An increasing trend may signal delays in the billing process or a buildup of working capital that could impact cash flow.

Detailed definition

This represents revenue recognized for work performed on long-term contracts that has not yet been billed to the custome...

Peer comparison

Common in engineering, construction, and defense sectors where long-term contracts are standard.

Metric ID: other_unbilled_contracts_receivable

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$529.15M$584.96M$576.37M$545.49M$607.96M$682.12M$751.33M$670.07M$749.93M$721.05M$838.47M$734.44M$861.30M$904.87M$961.60M$801.42M$907.52M$976.58M$998.95M$880.36M$1.11B
QoQ Change+10.5%-1.5%-5.4%+11.5%+12.2%+10.1%-10.8%+11.9%-3.9%+16.3%-12.4%+17.3%+5.1%+6.3%-16.7%+13.2%+7.6%+2.3%-11.9%+25.6%
YoY Change+14.9%+16.6%+30.4%+22.8%+23.4%+5.7%+11.6%+9.6%+14.9%+25.5%+14.7%+9.1%+5.4%+7.9%+3.9%+9.9%+21.8%
Range$529.15M$1.11B
CAGR+15.9%
Avg YoY Growth+14.6%
Median YoY Growth+14.7%

Frequently Asked Questions

What is Dycom Industries's unbilled balances?
Dycom Industries (DY) reported unbilled balances of $1.11B in Q1 2026.
How has Dycom Industries's unbilled balances changed year-over-year?
Dycom Industries's unbilled balances increased by 21.8% year-over-year, from $907.52M to $1.11B.
What is the long-term trend for Dycom Industries's unbilled balances?
Over 5 years (2021 to 2026), Dycom Industries's unbilled balances has grown at a 12.3% compound annual growth rate (CAGR), from $492.32M to $880.36M.
What does unbilled balances mean?
Revenue earned from work done but not yet invoiced to the client.