Other
Unbilled balances
NRG Energy Unbilled balances decreased by 17.6% to $1.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $1.36B to $1.44B. Over 5 years (FY 2020 to FY 2025), Unbilled balances shows an upward trend with a 34.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ3 2018
Last reportedQ4 2025
How to read this metric
An increasing trend may signal delays in the billing process or a buildup of working capital that could impact cash flow.
Detailed definition
This represents revenue recognized for work performed on long-term contracts that has not yet been billed to the custome...
Peer comparison
Common in engineering, construction, and defense sectors where long-term contracts are standard.
Metric ID:
other_unbilled_contracts_receivableHistorical Data
20 periods
| 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 | $1.29B | $1.27B | $1.57B | $1.24B | $1.50B | $1.46B | $1.95B | $1.29B | $1.30B | $1.34B | $1.49B | $1.29B | $1.51B | $1.32B | $1.55B | $1.36B | $1.48B | $1.32B | $1.75B | $1.44B |
| QoQ Change | — | -1.9% | +24.1% | -21.4% | +21.5% | -2.6% | +33.3% | -33.9% | +0.5% | +3.0% | +11.8% | -13.4% | +16.9% | -12.8% | +17.5% | -12.0% | +8.5% | -11.0% | +32.8% | -17.6% |
| YoY Change | — | — | — | — | +16.3% | +15.5% | +24.0% | +4.3% | -13.7% | -8.7% | -23.5% | +0.2% | +16.6% | -1.3% | +3.7% | +5.4% | -2.2% | -0.2% | +12.9% | +5.6% |
Range$1.24B – $1.95B
CAGR+2.3%
Avg YoY Growth+3.4%
Median YoY Growth+4.0%
Unbilled balances at Other Companies
Frequently Asked Questions
- What is NRG Energy's unbilled balances?
- NRG Energy (NRG) reported unbilled balances of $1.44B in Q1 2026.
- How has NRG Energy's unbilled balances changed year-over-year?
- NRG Energy's unbilled balances increased by 5.6% year-over-year, from $1.36B to $1.44B.
- What is the long-term trend for NRG Energy's unbilled balances?
- Over 5 years (2020 to 2025), NRG Energy's unbilled balances has grown at a 34.8% compound annual growth rate (CAGR), from $393.00M to $1.75B.
- What does unbilled balances mean?
- Revenue earned from work done but not yet invoiced to the client.