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Unbilled balances

Quanta Services Unbilled balances increased by 14.5% to $1.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.2%, from $946.2M to $1.26B. Over 5 years (FY 2020 to FY 2025), Unbilled balances shows an upward trend with a 18.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
First reportedQ4 2016
Last reportedQ1 2026Apr 30, 2026
Metric ID: other_unbilled_contracts_receivable

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$643M$827.3M$679M$792.2M$897.5M$977.2M$823.9M$923.1M$929.4M$957.9M$743.6M$794.3M$827.1M$993.3M$859.9M$946.2M$996.5M$1.19B$1.1B$1.26B
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%-7.6%+14.5%
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%+27.9%+33.2%
Range$643M$1.26B
CAGR+15.2%
Avg YoY Growth+12.6%
Median YoY Growth+17.3%

Frequently Asked Questions

What is Quanta Services's unbilled balances?
Quanta Services (PWR) reported unbilled balances of $1.26B in Q1 2026.
How has Quanta Services's unbilled balances changed year-over-year?
Quanta Services's unbilled balances increased by 33.2% year-over-year, from $946.2M to $1.26B.
What is the long-term trend for Quanta Services's unbilled balances?
Over 5 years (2020 to 2025), Quanta Services's unbilled balances has grown at a 18.4% compound annual growth rate (CAGR), from $472.3M to $1.1B.