Business Segments · Unbilled Receivables

Moodys Analytics — Unbilled Receivables

Moody's Moodys Analytics — Unbilled Receivables decreased by 6.6% to $99.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $100.00M to $99.00M. Over 4 years (FY 2021 to FY 2025), Moodys Analytics — Unbilled Receivables shows relatively stable performance with a -2.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026

How to read this metric

A significant increase may signal delays in the billing process or a shift in contract terms, potentially impacting cash flow.

Detailed definition

Represents revenue recognized for services performed for which the company has an unconditional right to payment, but ha...

Peer comparison

Comparable to unbilled revenue or accrued income in professional services and subscription-based firms.

Metric ID: mco_segment_ma_unbilled_receivables

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$95.00M$128.00M$152.00M$223.00M$167.00M$147.00M$148.00M$114.00M$119.00M$119.00M$119.00M$133.00M$139.00M$119.00M$122.00M$100.00M$107.00M$114.00M$106.00M$99.00M
QoQ Change+34.7%+18.8%+46.7%-25.1%-12.0%+0.7%-23.0%+4.4%+0.0%+0.0%+11.8%+4.5%-14.4%+2.5%-18.0%+7.0%+6.5%-7.0%-6.6%
YoY Change+75.8%+14.8%-2.6%-48.9%-28.7%-19.0%-19.6%+16.7%+16.8%+0.0%+2.5%-24.8%-23.0%-4.2%-13.1%-1.0%
Range$95.00M$223.00M
CAGR+0.9%
Avg YoY Growth-3.7%
Median YoY Growth-3.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Moody's's moodys analytics — unbilled receivables?
Moody's (MCO) reported moodys analytics — unbilled receivables of $99.00M in Q1 2026.
How has Moody's's moodys analytics — unbilled receivables changed year-over-year?
Moody's's moodys analytics — unbilled receivables decreased by 1.0% year-over-year, from $100.00M to $99.00M.
What is the long-term trend for Moody's's moodys analytics — unbilled receivables?
Over 4 years (2021 to 2025), Moody's's moodys analytics — unbilled receivables has grown at a -2.0% compound annual growth rate (CAGR), from $463.00M to $427.00M.
What does moodys analytics — unbilled receivables mean?
Revenue earned but not yet billed to the customer.