MSG Knickerbockers reported $617M of remaining performance obligations at 30 Sep 2026, up 24% from a year earlier and up 8% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.97.
Net new backlog added in the latest quarter: $44.0M.
Over the last twelve months it turned about 230% of its opening backlog into revenue (12-month conversion).
The company reports 33% of the backlog due within the first 9 months.
Customer prepayments (contract liabilities) cover 59.4% of the backlog.
Twelve-month book-to-bill: 1.10, i.e. 1.10 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +11 points — orders are running ahead of revenue.
By backlog size it ranks 288th among US filers the cockpit tracks.
MSG Knickerbockers 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
$617M
$1.16B
0.5 yrs
$367M
30 Jun 2026
$573M
$1.15B
0.5 yrs
$166M
31 Mar 2026
$468M
$1.08B
0.4 yrs
$103M
31 Dec 2025
$530M
$1.07B
0.5 yrs
$250M
30 Sep 2025
$496M
$1.03B
0.5 yrs
$331M
30 Jun 2025
$433M
$1.04B
0.4 yrs
$165M
31 Mar 2025
$415M
$1.06B
0.4 yrs
$167M
31 Dec 2024
$481M
$1.07B
0.4 yrs
$269M
30 Sep 2024
$431M
$1.04B
0.4 yrs
$308M
30 Jun 2024
$340M
$1.03B
0.3 yrs
$150M
31 Mar 2024
$302M
$927M
0.3 yrs
$117M
31 Dec 2023
$389M
$880M
0.4 yrs
$258M
Questions
What is MSG Knickerbockers's backlog?
MSG Knickerbockers reported $617M of remaining performance obligations at 30 Sep 2026, up 24% from a year earlier and up 8% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.97.
How fast does MSG Knickerbockers's backlog turn into revenue?
Over the last twelve months MSG Knickerbockers recognised revenue equal to about 230% 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.