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Gibraltar Industries ROCK Costs in excess of billings, net

Costs in excess of billings, net at other companies

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$111.8M+56.5%
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$1.1M+138%
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$32.75M+52.9%
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$14.87M+30.1%
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Ceco EnvironmentalCECO
-$11.61M-195%
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SchrodingerSDGR
$20.93M-19.4%

Other financials

Income statement

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Revenue$356.3M+44.6%
Gross profit$78.9M+12.9%
Operating income-$4.5M-116%
Net income-$67.5M-419%
EPS (diluted)-$2.26-428%

Balance sheet

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Cash & equivalents$20.3M-19.0%
Total debt$1.4B+2,867%
Total equity$880.6M-12.8%
Total assets$2.8B+93.7%

Cash flow

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Operating cash flow-$41.2M-401%
CapEx$6.0M-44.3%
Free cash flow-$47.2M-1,711%

Valuation

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Market cap$1.28B-33.8%
Enterprise value$2.64B+40.5%
P/S-0.9×

Profitability

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Gross margin25.2%-3.9pp
Operating margin7.2%-6.2pp
Net margin-10.7%-23.7pp
FCF margin0.1%

Returns & leverage

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Return on equity-14.1%-27.8pp
Debt / equity1.6×+1.5×
Current ratio1.4×-0.3×

Where this comes from

Reported directly by Gibraltar Industries in its filing.

Tagged under the XBRL concept rock:CostsInExcessOfBillingsNet.

The official record: Gibraltar Industries’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gibraltar Industries's costs in excess of billings, net?
Gibraltar Industries (ROCK) reported costs in excess of billings, net of $25.5M in Q1 2026.
How has Gibraltar Industries's costs in excess of billings, net changed year-over-year?
Gibraltar Industries's costs in excess of billings, net increased by 161.2% year-over-year, from -$41.65M to $25.5M.
What is the long-term trend for Gibraltar Industries's costs in excess of billings, net?
Over 2 years (2023 to 2025), Gibraltar Industries's costs in excess of billings, net has grown at a -28.1% compound annual growth rate (CAGR), from -$51.81M to $26.8M.
What does costs in excess of billings, net mean?
This metric represents the accumulated costs incurred on long-term contracts for which the company has not yet billed the customer. It serves as an indicator of unbilled revenue recognition in project-based businesses, reflecting work performed that will be invoiced in future periods. A high or increasing balance may signal potential liquidity constraints or delays in the billing cycle relative to project execution.