Vuzix VUZI Accrued Revenues In Excess Of Billings
Accrued Revenues In Excess Of Billings at other companies
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Where this comes from
Reported directly by Vuzix in its filing.
Tagged under the XBRL concept vuzi:AccruedRevenuesInExcessOfBillings.
The official record: Vuzix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Vuzix's accrued revenues in excess of billings?
- Vuzix (VUZI) reported accrued revenues in excess of billings of $501.85K in Q1 2026.
- How has Vuzix's accrued revenues in excess of billings changed year-over-year?
- Vuzix's accrued revenues in excess of billings increased by 62.6% year-over-year, from $308.57K to $501.85K.
- What is the long-term trend for Vuzix's accrued revenues in excess of billings?
- Over 3 years (2022 to 2025), Vuzix's accrued revenues in excess of billings has grown at a 25.6% compound annual growth rate (CAGR), from $269.13K to $533.67K.
- What does accrued revenues in excess of billings mean?
- This represents revenue recognized for goods or services delivered to customers for which the company has not yet issued a formal invoice. It reflects the timing difference between the completion of performance obligations and the contractual billing schedule. High balances may indicate significant unbilled progress on long-term contracts or potential delays in the invoicing process.