Comfort Systems USA Retentions held by customers increased by 8.8% to $2.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 61.5%, from $1.74B to $2.81B. Over 5 years (FY 2020 to FY 2025), Retentions held by customers shows an upward trend with a 33.0% CAGR.
An increase may signal a growing project backlog, while a decrease suggests successful project close-outs and cash collection.
These are amounts withheld by customers from progress payments until specific project milestones or final completion are...
Common in mechanical and electrical contracting; levels are generally tied to the total value of active long-term construction contracts.
other_billed_contract_receivables| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $630.45M | $700.63M | $773.72M | $804.83M | $942.21M | $1.03B | $1.02B | $1.18B | $1.18B | $1.25B | $1.32B | $1.57B | $1.71B | $1.73B | $1.86B | $1.74B | $2.16B | $2.31B | $2.58B | $2.81B |
| QoQ Change | — | +11.1% | +10.4% | +4.0% | +17.1% | +8.9% | -0.2% | +14.9% | +0.1% | +6.6% | +5.1% | +19.1% | +8.8% | +1.3% | +7.5% | -6.7% | +24.5% | +6.7% | +11.8% | +8.8% |
| YoY Change | — | — | — | — | +49.5% | +46.5% | +32.4% | +46.2% | +25.0% | +22.2% | +28.8% | +33.5% | +45.1% | +37.9% | +41.1% | +10.6% | +26.6% | +33.2% | +38.5% | +61.5% |