Accounts receivable, unbilled revenue (contract assets) and unearned revenue or payments on account (contract liabilities) (Tables)

3 Months Ended

Mar. 31, 2026

Accounts receivables and unbilled revenue are as follows:


	March 31, 2026		December 31, 2025
	(in thousands)
Accounts receivable (Billed services)	$	1,512,822	$	1,517,217
Allowance for credit losses	(41,518)		(42,319)
Accounts receivable (net)	1,471,304		1,474,898
Unbilled revenue (Unbilled services)	1,090,950		1,096,592
Accounts receivable and unbilled revenue, net	$	2,562,254	$	2,571,490

Unbilled services and unearned revenue or payments on account (contract assets and liabilities) were as follows:


	March 31, 2026		December 31, 2025		$ Change		% Change
	(in thousands, except percentages)
Unbilled revenue (Unbilled services)	$	1,090,950	$	1,096,592	$	(5,642)	(0.5)	%
Unearned revenue (Payments on account)	(1,547,527)		(1,550,471)		2,944		(0.2)	%