Other

Current retainage balances

Quanta Services Current retainage balances increased by 9.6% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 49.5%, from $729.20M to $1.09B. Over 5 years (FY 2020 to FY 2025), Current retainage balances shows an upward trend with a 26.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase relative to revenue may suggest slower collections or credit risk, while a decrease indicates strong cash conversion.

Detailed definition

This represents the net value of receivables arising from contracts with customers after accounting for expected credit...

Peer comparison

Common in service-based business models; monitored alongside days sales outstanding (DSO).

Metric ID: other_contract_with_customer_receivable_after_allowance__e3cb8c

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$283.00M$295.90M$406.70M$353.60M$342.10M$339.90M$397.60M$392.50M$483.90M$544.80M$610.00M$624.20M$646.00M$758.80M$666.50M$729.20M$763.00M$863.80M$994.10M$1.09B
QoQ Change+4.6%+37.4%-13.1%-3.3%-0.6%+17.0%-1.3%+23.3%+12.6%+12.0%+2.3%+3.5%+17.5%-12.2%+9.4%+4.6%+13.2%+15.1%+9.6%
YoY Change+20.9%+14.9%-2.2%+11.0%+41.4%+60.3%+53.4%+59.0%+33.5%+39.3%+9.3%+16.8%+18.1%+13.8%+49.2%+49.5%
Range$283.00M$1.09B
CAGR+32.8%
Avg YoY Growth+30.5%
Median YoY Growth+27.2%
Current Streak5 quarters growth

Frequently Asked Questions

What is Quanta Services's current retainage balances?
Quanta Services (PWR) reported current retainage balances of $1.09B in Q1 2026.
How has Quanta Services's current retainage balances changed year-over-year?
Quanta Services's current retainage balances increased by 49.5% year-over-year, from $729.20M to $1.09B.
What is the long-term trend for Quanta Services's current retainage balances?
Over 5 years (2020 to 2025), Quanta Services's current retainage balances has grown at a 26.5% compound annual growth rate (CAGR), from $306.30M to $994.10M.
What does current retainage balances mean?
The amount of money customers owe the company for services provided, adjusted for potential non-payment.