Granite Construction GVA Contracts completed and in progress: — Unbilled
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Where this comes from
Reported directly by Granite Construction in its filing.
Tagged under the XBRL concept us-gaap:UnbilledReceivablesCurrent.
The official record: Granite Construction’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Granite Construction's contracts completed and in progress: — unbilled?
- Granite Construction (GVA) reported contracts completed and in progress: — unbilled of $186.47M in Q1 2026.
- How has Granite Construction's contracts completed and in progress: — unbilled changed year-over-year?
- Granite Construction's contracts completed and in progress: — unbilled increased by 47.0% year-over-year, from $126.84M to $186.47M.
- What is the long-term trend for Granite Construction's contracts completed and in progress: — unbilled?
- Over 4 years (2021 to 2025), Granite Construction's contracts completed and in progress: — unbilled has grown at a 3.9% compound annual growth rate (CAGR), from $644.89M to $752.69M.
- What does contracts completed and in progress: — unbilled mean?
- This metric represents revenue recognized for construction work performed that has not yet been invoiced to the client, often due to contract terms or billing schedules. It indicates the volume of work completed that is currently tied up in the project lifecycle before formal payment requests are issued. A high balance may signal significant project activity, but also highlights potential timing differences between revenue recognition and cash collection.