Legence reported $4.02B of remaining performance obligations at 30 Jun 2026 and down 4% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.86.
Net new backlog added in the latest quarter: -$179M.
Customer prepayments (contract liabilities) cover 12.9% of the backlog.
By backlog size it ranks 131st among US filers the cockpit tracks.
Legence 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 Jun 2026
$4.02B
$3.75B
1.1 yrs
$518M
31 Mar 2026
$4.20B
$3.08B
1.4 yrs
$543M
31 Dec 2025
$2.79B
$2.55B
1.1 yrs
$340M
30 Sep 2025
$2.32B
n/a
n/a
$286M
Questions
What is Legence's backlog?
Legence reported $4.02B of remaining performance obligations at 30 Jun 2026 and down 4% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.86.
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.