Kopin reported $40.3M of remaining performance obligations at 27 Jun 2026, up 91% from a year earlier and up 230% from the previous quarter. That is 0.9 years of trailing revenue already under contract. Book-to-bill last quarter: 3.21.
Net new backlog added in the latest quarter: $28.1M.
Over the last twelve months it turned about 213% of its opening backlog into revenue (12-month conversion).
Customer prepayments (contract liabilities) cover 17.4% of the backlog.
Twelve-month book-to-bill: 1.44, i.e. 1.44 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +98 points — orders are running ahead of revenue.
By backlog size it ranks 478th among US filers the cockpit tracks.
Kopin 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
27 Jun 2026
$40.3M
$43.6M
0.9 yrs
$7.00M
28 Mar 2026
$12.2M
$39.3M
0.3 yrs
$1.00M
27 Dec 2025
$35.0M
$39.3M
0.9 yrs
$1.20M
27 Sep 2025
$39.1M
$45.6M
0.9 yrs
$1.40M
28 Jun 2025
$21.1M
$47.0M
0.4 yrs
$300,000
29 Mar 2025
$20.9M
$50.8M
0.4 yrs
$0
28 Dec 2024
$14.0M
$50.3M
0.3 yrs
$100,000
28 Sep 2024
$25.4M
$44.3M
0.6 yrs
$300,000
29 Jun 2024
$31.6M
$41.5M
0.8 yrs
$200,000
30 Mar 2024
$31.1M
$39.7M
0.8 yrs
$900,000
30 Dec 2023
$25.9M
$40.4M
0.6 yrs
$900,000
30 Sep 2023
$14.2M
$44.0M
0.3 yrs
$700,000
Questions
What is Kopin's backlog?
Kopin reported $40.3M of remaining performance obligations at 27 Jun 2026, up 91% from a year earlier and up 230% from the previous quarter. That is 0.9 years of trailing revenue already under contract. Book-to-bill last quarter: 3.21.
How fast does Kopin's backlog turn into revenue?
Over the last twelve months Kopin recognised revenue equal to about 213% 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.