Current Assets
Contracts in progress
BWX Technologies Contracts in progress increased by 9.6% to $668.61M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.5%, from $639.65M to $668.61M. Over 5 years (FY 2020 to FY 2025), Contracts in progress shows an upward trend with a 6.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase indicates strong project progress, but a sustained rise may signal potential billing delays or contract disputes.
Detailed definition
Also known as unbilled receivables, this represents revenue recognized on long-term contracts that has not yet been invo...
Peer comparison
Common in long-term government and defense contracts where billing is tied to specific project milestones.
Metric ID:
current_assets_cost_in_excess_of_billings_current1Historical Data
20 periods
| 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 | $530.90M | $540.50M | $546.60M | $561.41M | $564.33M | $545.52M | $538.37M | $567.07M | $590.37M | $558.98M | $533.16M | $550.09M | $622.06M | $661.25M | $577.75M | $639.65M | $639.60M | $636.71M | $610.32M | $668.61M |
| QoQ Change | — | +1.8% | +1.1% | +2.7% | +0.5% | -3.3% | -1.3% | +5.3% | +4.1% | -5.3% | -4.6% | +3.2% | +13.1% | +6.3% | -12.6% | +10.7% | -0.0% | -0.5% | -4.1% | +9.6% |
| YoY Change | — | — | — | — | +6.3% | +0.9% | -1.5% | +1.0% | +4.6% | +2.5% | -1.0% | -3.0% | +5.4% | +18.3% | +8.4% | +16.3% | +2.8% | -3.7% | +5.6% | +4.5% |
Range$530.90M – $668.61M
CAGR+5.0%
Avg YoY Growth+4.2%
Median YoY Growth+3.7%
Contracts in progress at Other Companies
Frequently Asked Questions
- What is BWX Technologies's contracts in progress?
- BWX Technologies (BWXT) reported contracts in progress of $668.61M in Q1 2026.
- How has BWX Technologies's contracts in progress changed year-over-year?
- BWX Technologies's contracts in progress increased by 4.5% year-over-year, from $639.65M to $668.61M.
- What is the long-term trend for BWX Technologies's contracts in progress?
- Over 5 years (2020 to 2025), BWX Technologies's contracts in progress has grown at a 6.3% compound annual growth rate (CAGR), from $449.18M to $610.32M.
- What does contracts in progress mean?
- Revenue recognized for work performed but not yet billed to the customer.