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Generac (GNRC) backlog: remaining performance obligations

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

Data as of .

Generac backlog history

$0$2B$4BDec 2021Jun 2022Dec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Sep 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
30 Sep 2025$211M$4.35B0.0 yrs$58.9M
30 Jun 2025$203M$4.41B0.0 yrs$23.8M
31 Mar 2025$194M$4.35B0.0 yrs$29.4M
31 Dec 2024$187M$4.30B0.0 yrs$26.9M
30 Sep 2024$179M$4.12B0.0 yrs$19.9M
30 Jun 2024$172M$4.02B0.0 yrs$20.0M
31 Mar 2024$164M$4.02B0.0 yrs$14.4M
31 Dec 2023$156M$4.02B0.0 yrs$19.2M
30 Sep 2023$145M$4.01B0.0 yrs$17.9M
30 Jun 2023$141M$4.03B0.0 yrs$24.1M
31 Mar 2023$137M$4.32B0.0 yrs$25.3M
31 Dec 2022$133M$4.56B0.0 yrs$33.6M

Questions

What is Generac's backlog?
Generac reported $211M of remaining performance obligations at 30 Sep 2025, up 18% from a year earlier and up 4% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.01.

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.