Other

Unbilled balances

CRH Unbilled balances decreased by 0.3% to $298.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.7%, from $430.00M to $298.00M. Over 2 years (FY 2023 to FY 2025), Unbilled balances shows a downward trend with a -20.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 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

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$449.00M$723.00M$790.00M$471.00M$416.00M$664.00M$752.00M$450.00M$430.00M$618.00M$697.00M$299.00M$298.00M
QoQ Change+61.0%+9.3%-40.4%-11.7%+59.6%+13.3%-40.2%-4.4%+43.7%+12.8%-57.1%-0.3%
YoY Change-7.3%-8.2%-4.8%-4.5%+3.4%-6.9%-7.3%-33.6%-30.7%
Range$298.00M$790.00M
CAGR-12.8%
Avg YoY Growth-11.1%
Median YoY Growth-7.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is CRH's unbilled balances?
CRH (CRH) reported unbilled balances of $298.00M in Q1 2026.
How has CRH's unbilled balances changed year-over-year?
CRH's unbilled balances decreased by 30.7% year-over-year, from $430.00M to $298.00M.
What is the long-term trend for CRH's unbilled balances?
Over 2 years (2023 to 2025), CRH's unbilled balances has grown at a -20.3% compound annual growth rate (CAGR), from $471.00M to $299.00M.
What does unbilled balances mean?
Revenue earned from work done but not yet invoiced to the client.