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Amentum (AMTM) backlog: remaining performance obligations

How much revenue Amentum already has under contract, how fast it converts, and who it is with.

Data as of .

Amentum backlog history

$0$5B$10B$15BSep 2023Dec 2024Jun 2025an 2026ul 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
3 Jul 2026$8.90B$14.1B0.6 yrs$171M
3 Apr 2026$10.1B$14.2B0.7 yrs$180M
2 Jan 2026$10.8B$14.2B0.8 yrs$203M
3 Oct 2025$9.90B$14.4B0.7 yrs$227M
27 Jun 2025$9.50B$12.7B0.7 yrs$147M
28 Mar 2025$10.7B$11.3B1.0 yrs$112M
27 Dec 2024$12.3B$9.82B1.3 yrs$143M
27 Sep 2024$12.9B$8.39B1.5 yrs$113M
29 Sep 2023$6.20B$7.87B0.8 yrs$120M

Questions

What is Amentum's backlog?
Amentum reported $8.90B of remaining performance obligations at 3 Jul 2026, down 6% from a year earlier and down 12% from the previous quarter. That is 0.6 years of trailing revenue already under contract. Book-to-bill last quarter: 0.66.
How fast does Amentum's backlog turn into revenue?
Over the last twelve months Amentum recognised revenue equal to about 141% of the backlog it started each quarter with.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.