LSB Industries reported $146M of remaining performance obligations at 30 Sep 2026, up 22% from a year earlier and down 8% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.92.
Net new backlog added in the latest quarter: -$12.4M.
Over the last twelve months it turned about 468% of its opening backlog into revenue (12-month conversion).
Customer prepayments (contract liabilities) cover 0.4% of the backlog.
Twelve-month book-to-bill: 1.04, i.e. 1.04 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +9 points — orders are running ahead of revenue.
By backlog size it ranks 405th among US filers the cockpit tracks.
LSB Industries 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 2026
$146M
$661M
0.2 yrs
$600,000
30 Jun 2026
$158M
$658M
0.2 yrs
n/a
31 Mar 2026
$156M
$641M
0.2 yrs
n/a
31 Dec 2025
$140M
$615M
0.2 yrs
$1.10M
30 Sep 2025
$119M
$585M
0.2 yrs
n/a
30 Jun 2025
$127M
$539M
0.2 yrs
$200,000
31 Mar 2025
$133M
$528M
0.3 yrs
$11.3M
31 Dec 2024
$134M
$522M
0.3 yrs
$1.10M
30 Sep 2024
$82.3M
$520M
0.2 yrs
$700,000
30 Jun 2024
$88.8M
$525M
0.2 yrs
$100,000
31 Mar 2024
$72.6M
$551M
0.1 yrs
$2.40M
31 Dec 2023
$70.2M
$594M
0.1 yrs
$1.00M
Questions
What is LSB Industries's backlog?
LSB Industries reported $146M of remaining performance obligations at 30 Sep 2026, up 22% from a year earlier and down 8% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.92.
How fast does LSB Industries's backlog turn into revenue?
Over the last twelve months LSB Industries recognised revenue equal to about 468% 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.