What is PENG's backlog?

PENG reported $157M of remaining performance obligations at 28 Aug 2026, up 75% from a year earlier and up 15% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.04.

PENG (PENG) backlog: remaining performance obligations

How much revenue PENG already has under contract, how fast it converts, and who it is with.

Data as of 7 Nov 2026.

Open the interactive Backlog view PENG competitor analysis

PENG reported $157M of remaining performance obligations at 28 Aug 2026, up 75% from a year earlier and up 15% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.04.
Net new backlog added in the latest quarter: $20.6M.
78% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 107.9% 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: +48 points — orders are running ahead of revenue.
By backlog size it ranks 400th among US filers the cockpit tracks.

PENG 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
28 Aug 2026	$157M	$1.73B	0.1 yrs	$170M
29 May 2026	$137M	$1.50B	0.1 yrs	$193M
27 Feb 2026	$111M	$1.35B	0.1 yrs	$145M
28 Nov 2025	$59.3M	$1.37B	0.0 yrs	$83.5M
29 Aug 2025	$89.9M	$1.37B	0.1 yrs	$112M
30 May 2025	$116M	$1.34B	0.1 yrs	$122M
28 Feb 2025	$134M	$1.32B	0.1 yrs	$144M
29 Nov 2024	$54.0M	$1.24B	0.0 yrs	$112M
30 Aug 2024	$76.2M	$1.17B	0.1 yrs	$82.2M
31 May 2024	$112M	$1.18B	0.1 yrs	$120M
1 Mar 2024	$58.8M	$1.22B	0.0 yrs	$82.8M
1 Dec 2023	$59.1M	$1.32B	0.0 yrs	$63.2M

Questions

What is PENG's backlog?: PENG reported $157M of remaining performance obligations at 28 Aug 2026, up 75% from a year earlier and up 15% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.04.

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.