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Cadre (CDRE) backlog: remaining performance obligations

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

Data as of .

Cadre backlog history

$0$200M$400M$600MDec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 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
30 Sep 2026$181M$733M0.2 yrs$11.2M
30 Jun 2026$185M$686M0.3 yrs$14.9M
31 Mar 2026$172M$636M0.3 yrs$18.1M
31 Dec 2025$72.9M$610M0.1 yrs$12.0M
30 Sep 2025$69.9M$619M0.1 yrs$10.2M
30 Jun 2025$70.9M$573M0.1 yrs$9.90M
31 Mar 2025$42.5M$560M0.1 yrs$5.90M
31 Dec 2024$45.3M$568M0.1 yrs$7.50M
30 Sep 2024$46.6M$516M0.1 yrs$9.80M
30 Jun 2024$42.8M$532M0.1 yrs$14.2M
31 Mar 2024$44.7M$509M0.1 yrs$12.3M
31 Dec 2023$24.7M$482M0.1 yrs$4.60M

Questions

What is Cadre's backlog?
Cadre reported $181M of remaining performance obligations at 30 Sep 2026, up 159% from a year earlier and down 2% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.98.

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.