nLIGHT reported $200,000 of remaining performance obligations at 30 Sep 2025, down 98% from a year earlier. That is 0.0 years of trailing revenue already under contract.
The company reports 100% of the backlog due within the first 3 months.
Customer prepayments (contract liabilities) cover 3100.0% of the backlog.
Twelve-month book-to-bill: 0.96, i.e. 0.96 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -110 points — revenue is catching up with orders.
The latest filed figure is more than 200 days old.
nLIGHT 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
30 Sep 2025
$200,000
$228M
0.0 yrs
$6.20M
30 Sep 2024
$10.0M
$203M
0.0 yrs
$5.80M
30 Jun 2024
$21.0M
$198M
0.1 yrs
$8.20M
31 Mar 2024
$25.0M
$200M
0.1 yrs
$10.0M
Questions
What is nLIGHT's backlog?
nLIGHT reported $200,000 of remaining performance obligations at 30 Sep 2025, down 98% from a year earlier. That is 0.0 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.