Omnicell reported $375M of remaining performance obligations at 30 Sep 2026, down 1% from a year earlier and flat from the previous quarter. That is 0.3 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: $0.
Over the last twelve months it turned about 326% of its opening backlog into revenue (12-month conversion).
Customer prepayments (contract liabilities) cover 70.3% of the backlog.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -7 points — revenue is catching up with orders.
By backlog size it ranks 341st among US filers the cockpit tracks.
Omnicell 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
$375M
$1.24B
0.3 yrs
$264M
30 Jun 2026
$375M
$1.25B
0.3 yrs
$248M
31 Mar 2026
$383M
$1.23B
0.3 yrs
$275M
31 Dec 2025
$388M
$1.18B
0.3 yrs
$235M
30 Sep 2025
$379M
$1.18B
0.3 yrs
$246M
30 Jun 2025
$384M
$1.15B
0.3 yrs
$234M
31 Mar 2025
$390M
$1.14B
0.3 yrs
$238M
31 Dec 2024
$392M
$1.11B
0.4 yrs
$218M
30 Sep 2024
$403M
$1.06B
0.4 yrs
$222M
30 Jun 2024
$388M
$1.08B
0.4 yrs
$218M
31 Mar 2024
$359M
$1.10B
0.3 yrs
$230M
31 Dec 2023
$354M
$1.15B
0.3 yrs
$180M
Questions
What is Omnicell's backlog?
Omnicell reported $375M of remaining performance obligations at 30 Sep 2026, down 1% from a year earlier and flat from the previous quarter. That is 0.3 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
How fast does Omnicell's backlog turn into revenue?
Over the last twelve months Omnicell recognised revenue equal to about 326% 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.