Other
Unbilled Receivables
Vistra Unbilled Receivables decreased by 15.0% to $785.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $737.00M to $785.00M. Over 5 years (FY 2020 to FY 2025), Unbilled Receivables shows an upward trend with a 14.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026
How to read this metric
An increase often reflects progress on long-term contracts, while a sudden decrease may indicate successful billing or project completion.
Detailed definition
This represents revenue recognized for work performed but not yet invoiced to the customer under the terms of a contract...
Peer comparison
Common in government contracting, construction, and professional services firms with long-term project accounting.
Metric ID:
other_unbilled_receivables_currentHistorical 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 | $485.00M | $460.00M | $426.00M | $403.00M | $633.00M | $587.00M | $607.00M | $474.00M | $711.00M | $744.00M | $614.00M | $618.00M | $950.00M | $917.00M | $802.00M | $737.00M | $1.05B | $924.00M | $924.00M | $785.00M |
| QoQ Change | — | -5.2% | -7.4% | -5.4% | +57.1% | -7.3% | +3.4% | -21.9% | +50.0% | +4.6% | -17.5% | +0.7% | +53.7% | -3.5% | -12.5% | -8.1% | +42.9% | -12.3% | +0.0% | -15.0% |
| YoY Change | — | — | — | — | +30.5% | +27.6% | +42.5% | +17.6% | +12.3% | +26.7% | +1.2% | +30.4% | +33.6% | +23.3% | +30.6% | +19.3% | +10.8% | +0.8% | +15.2% | +6.5% |
Range$403.00M – $1.05B
CAGR+10.7%
Avg YoY Growth+20.6%
Median YoY Growth+21.3%
Unbilled Receivables at Other Companies
Frequently Asked Questions
- What is Vistra's unbilled receivables?
- Vistra (VST) reported unbilled receivables of $785.00M in Q1 2026.
- How has Vistra's unbilled receivables changed year-over-year?
- Vistra's unbilled receivables increased by 6.5% year-over-year, from $737.00M to $785.00M.
- What is the long-term trend for Vistra's unbilled receivables?
- Over 5 years (2020 to 2025), Vistra's unbilled receivables has grown at a 14.6% compound annual growth rate (CAGR), from $468.00M to $924.00M.
- What does unbilled receivables mean?
- Revenue earned but not yet billed to the customer.