BETA Technologies reported $28.9M of remaining performance obligations at 30 Sep 2026, up 55% from a year earlier and down 12% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 0.77.
Net new backlog added in the latest quarter: -$4.10M.
Over the last twelve months it turned about 242% of its opening backlog into revenue (12-month conversion).
57% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 69.5% of the backlog.
Twelve-month book-to-bill: 1.19, i.e. 1.19 of new orders for every 1 of revenue recognised.
By backlog size it ranks 490th among US filers the cockpit tracks.
BETA Technologies backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
30 Sep 2026
$28.9M
$53.6M
0.5 yrs
$20.1M
30 Jun 2026
$33.0M
$44.8M
0.7 yrs
$21.9M
31 Mar 2026
$25.1M
$36.1M
0.7 yrs
$17.1M
31 Dec 2025
$14.3M
$35.6M
0.4 yrs
$16.3M
30 Sep 2025
$18.7M
n/a
n/a
$16.0M
Questions
What is BETA Technologies's backlog?
BETA Technologies reported $28.9M of remaining performance obligations at 30 Sep 2026, up 55% from a year earlier and down 12% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 0.77.
How fast does BETA Technologies's backlog turn into revenue?
Over the last twelve months BETA Technologies recognised revenue equal to about 242% 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.