Moog reported $7.10B of remaining performance obligations at 27 Jun 2026, up 29% from a year earlier and down 2% from the previous quarter. That is 1.6 years of trailing revenue already under contract. Book-to-bill last quarter: 0.88.
Net new backlog added in the latest quarter: -$130M.
Over the last twelve months it turned about 67% of its opening backlog into revenue (12-month conversion).
46% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 6.9% of the backlog.
Twelve-month book-to-bill: 1.37, i.e. 1.37 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +13 points — orders are running ahead of revenue.
By backlog size it ranks 93rd among US filers the cockpit tracks.
Moog 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
$7.10B
$4.32B
1.6 yrs
$487M
28 Mar 2026
$7.23B
$4.17B
1.7 yrs
$469M
3 Jan 2026
$7.21B
$4.05B
1.8 yrs
$410M
27 Sep 2025
$6.01B
$3.86B
1.6 yrs
$373M
28 Jun 2025
$5.51B
$3.73B
1.5 yrs
$301M
29 Mar 2025
$5.32B
$3.68B
1.4 yrs
$308M
28 Dec 2024
$5.42B
$3.66B
1.5 yrs
$293M
28 Sep 2024
$5.06B
$3.61B
1.4 yrs
$302M
29 Jun 2024
$5.00B
$3.56B
1.4 yrs
$354M
30 Mar 2024
$5.20B
$3.49B
1.5 yrs
$405M
30 Dec 2023
$5.30B
$3.41B
1.6 yrs
$446M
30 Sep 2023
$5.10B
$3.32B
1.5 yrs
$338M
Questions
What is Moog's backlog?
Moog reported $7.10B of remaining performance obligations at 27 Jun 2026, up 29% from a year earlier and down 2% from the previous quarter. That is 1.6 years of trailing revenue already under contract. Book-to-bill last quarter: 0.88.
How fast does Moog's backlog turn into revenue?
Over the last twelve months Moog recognised revenue equal to about 67% 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.