Quanta Services Unbilled balances increased by 19.4% to $1.19B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.8%, from $993.30M to $1.19B. Over 4 years (FY 2020 to FY 2024), Unbilled balances shows an upward trend with a 16.2% CAGR.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $643.00M | $827.30M | $679.00M | $792.20M | $897.50M | $977.20M | $823.90M | $923.10M | $929.40M | $957.90M | $743.60M | $794.30M | $827.10M | $993.30M | $859.90M | $946.20M | $996.50M | $1.19B |
| QoQ Change | — | +28.7% | -17.9% | +16.7% | +13.3% | +8.9% | -15.7% | +12.0% | +0.7% | +3.1% | -22.4% | +6.8% | +4.1% | +20.1% | -13.4% | +10.0% | +5.3% | +19.4% |
| YoY Change | — | — | — | — | +39.6% | +18.1% | +21.3% | +16.5% | +3.6% | -2.0% | -9.7% | -14.0% | -11.0% | +3.7% | +15.6% | +19.1% | +20.5% | +19.8% |