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Unbilled Revenue at other companies

Southern Company logo
Southern CompanySO
$740M
Xcel Energy logo
Xcel EnergyXEL
$746M-3.0%
PG&E logo
PG&EPCG
$1.44B+1.9%
Xcel Energy logo
Xcel EnergyXEL
$12M+329%
PPL logo
PPLPPL
$18.25M+28.1%
WEC Energy Group logo
WEC Energy GroupWEC
$2.01B+5.6%

Other financials

Income statement

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Revenue$974.3M+16.8%
Gross profit$254.8M+22.0%
Operating income$112.3M+21.1%
Net income$110.3M+52.0%
EPS (diluted)$5.44+55.4%

Balance sheet

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Cash & equivalents$48.7M+117%
Total debt$107.4M+108%
Total equity$1.1B+52.0%
Total assets$2.0B+46.1%

Cash flow

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Operating cash flow$103.3M+316%
CapEx$31.8M+87.8%
Free cash flow$71.5M+805%

Valuation

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Market cap$14.19B+187%
Enterprise value$14.25B+187%
P/E37.6×+17.7×
P/S3.9×+2.3×

Profitability

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Gross margin26.1%+1.5pp
Operating margin11.7%+1.1pp
Net margin10.4%+2.4pp
FCF margin6.6%+1.0pp

Returns & leverage

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Return on equity42.5%+2.3pp
Debt / equity0.1×0.0×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by IES Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetGrossCurrent.

The official record: IES Holdings, Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IES Holdings, Inc.'s unbilled revenue?
IES Holdings, Inc. (IESC) reported unbilled revenue of $100.85M in Q1 2026.
How has IES Holdings, Inc.'s unbilled revenue changed year-over-year?
IES Holdings, Inc.'s unbilled revenue increased by 15.4% year-over-year, from $87.42M to $100.85M.
What is the long-term trend for IES Holdings, Inc.'s unbilled revenue?
Over 5 years (2020 to 2025), IES Holdings, Inc.'s unbilled revenue has grown at a 18.3% compound annual growth rate (CAGR), from $29.94M to $69.23M.
What does unbilled revenue mean?
Revenue earned from completed work that has not yet been billed to the client.
How do you interpret unbilled revenue?
High levels may indicate strong project execution ahead of billing cycles, but can also signal potential cash flow delays or contract disputes.
How does unbilled revenue compare across companies?
Common in engineering and construction firms; evaluated relative to total contract value and project duration.