Bruker reported $2.78B of remaining performance obligations at 30 Sep 2026, up 34% from a year earlier and flat from the previous quarter. That is 0.8 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: $600,000.
Over the last twelve months it turned about 142% of its opening backlog into revenue (12-month conversion).
Customer prepayments (contract liabilities) cover 19.6% of the backlog.
Twelve-month book-to-bill: 1.20, i.e. 1.20 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +31 points — orders are running ahead of revenue.
By backlog size it ranks 156th among US filers the cockpit tracks.
Bruker 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
$2.78B
$3.51B
0.8 yrs
$544M
30 Jun 2026
$2.78B
$3.50B
0.8 yrs
$556M
31 Mar 2026
$2.71B
$3.46B
0.8 yrs
$586M
31 Dec 2025
$2.57B
$3.44B
0.7 yrs
$550M
30 Sep 2025
$2.08B
$3.44B
0.6 yrs
$562M
30 Jun 2025
$2.11B
$3.44B
0.6 yrs
$584M
31 Mar 2025
$2.07B
$3.45B
0.6 yrs
$576M
31 Dec 2024
$2.09B
$3.37B
0.6 yrs
$538M
30 Sep 2024
$2.21B
$3.24B
0.7 yrs
$561M
30 Jun 2024
$2.26B
$3.12B
0.7 yrs
$596M
31 Mar 2024
$2.31B
$3.00B
0.8 yrs
$591M
31 Dec 2023
$2.23B
$2.96B
0.8 yrs
$491M
Questions
What is Bruker's backlog?
Bruker reported $2.78B of remaining performance obligations at 30 Sep 2026, up 34% from a year earlier and flat from the previous quarter. That is 0.8 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
How fast does Bruker's backlog turn into revenue?
Over the last twelve months Bruker recognised revenue equal to about 142% 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.