IQVIA Unbilled balances decreased by 1.1% to $1.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.0%, from $1.90B to $1.76B. Over 5 years (FY 2020 to FY 2025), Unbilled balances shows an upward trend with a 7.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increasing trend may signal delays in the billing process or a buildup of working capital that could impact cash flow.
This represents revenue recognized for work performed on long-term contracts that has not yet been billed to the custome...
Common in engineering, construction, and defense sectors where long-term contracts are standard.
other_unbilled_contracts_receivable| 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 | $1.16B | $1.22B | $1.31B | $1.42B | $1.45B | $1.53B | $1.62B | $1.75B | $1.83B | $1.91B | $1.94B | $2.02B | $1.94B | $2.06B | $1.86B | $1.90B | $1.90B | $1.89B | $1.78B | $1.76B |
| QoQ Change | — | +5.0% | +7.4% | +8.6% | +1.7% | +5.5% | +6.4% | +7.5% | +4.8% | +4.2% | +1.9% | +4.0% | -4.0% | +6.3% | -9.9% | +2.2% | +0.0% | -0.3% | -5.7% | -1.1% |
| YoY Change | — | — | — | — | +24.5% | +25.2% | +24.1% | +22.7% | +26.4% | +24.8% | +19.6% | +15.7% | +6.0% | +8.2% | -4.4% | -6.1% | -2.2% | -8.2% | -3.9% | -7.0% |