IQVIA Retentions held by customers decreased by 2.2% to $1.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.8%, from $1.41B to $1.63B. Over 5 years (FY 2020 to FY 2025), Retentions held by customers shows an upward trend with a 7.1% CAGR.
An increase may signal a growing project backlog, while a decrease suggests successful project close-outs and cash collection.
These are amounts withheld by customers from progress payments until specific project milestones or final completion are...
Common in mechanical and electrical contracting; levels are generally tied to the total value of active long-term construction contracts.
other_billed_contract_receivables| 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 | $1.15B | $1.14B | $1.28B | $1.23B | $1.26B | $1.15B | $1.33B | $1.35B | $1.34B | $1.35B | $1.47B | $1.44B | $1.36B | $1.18B | $1.39B | $1.41B | $1.49B | $1.42B | $1.67B | $1.63B |
| QoQ Change | — | -0.4% | +11.7% | -3.8% | +2.8% | -9.2% | +16.1% | +1.7% | -0.9% | +0.7% | +9.2% | -2.4% | -5.6% | -13.3% | +18.2% | +1.4% | +5.4% | -4.2% | +17.2% | -2.2% |
| YoY Change | — | — | — | — | +10.0% | +0.4% | +4.2% | +10.1% | +6.2% | +17.8% | +10.8% | +6.4% | +1.3% | -12.8% | -5.6% | -1.9% | +9.4% | +21.0% | +20.0% | +15.8% |