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Consolidated Water (CWCO) backlog: remaining performance obligations

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

Data as of .

Consolidated Water backlog history

$0$50M$100M$150MMar 2020Jun 2020Sep 2020Dec 2025Backlog (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
31 Dec 2025$149M$132M1.1 yrs$11.5M
30 Sep 2020$2.30M$75.1M0.0 yrs$800,000
30 Jun 2020$3.00M$73.3M0.0 yrs$900,000
31 Mar 2020$3.20M$72.5M0.0 yrs$900,000

Questions

What is Consolidated Water's backlog?
Consolidated Water reported $149M of remaining performance obligations at 31 Dec 2025. That is 1.1 years of trailing revenue already under contract.

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.