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CNH Industrial (CNH) backlog: remaining performance obligations

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

Data as of .

CNH Industrial backlog history

$0$10B$20BDec 2021Jun 2022Dec 2022Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Jun 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 Jun 2026$141M$18.2B0.0 yrs$141M
31 Mar 2026$128M$18.1B0.0 yrs$128M
31 Dec 2025$122M$18.1B0.0 yrs$122M
30 Sep 2025$112M$17.8B0.0 yrs$112M
30 Jun 2025$93.0M$18.1B0.0 yrs$93.0M
31 Mar 2025$85.0M$18.8B0.0 yrs$85.0M
31 Dec 2024$72.0M$19.8B0.0 yrs$72.0M
30 Sep 2024$66.0M$21.8B0.0 yrs$66.0M
30 Jun 2024$59.0M$23.1B0.0 yrs$59.0M
31 Mar 2024$55.0M$24.2B0.0 yrs$55.0M
31 Dec 2023$48.0M$24.7B0.0 yrs$50.0M
31 Dec 2022$33.0M$23.6B0.0 yrs$33.0M

Questions

What is CNH Industrial's backlog?
CNH Industrial reported $141M of remaining performance obligations at 30 Jun 2026, up 52% from a year earlier and up 10% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

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.