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Republic Airways (RJET) backlog: remaining performance obligations

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

Data as of .

Republic Airways backlog history

$0$500M$1B$2BSep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Jun 2025Sep 2025Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Sep 2025$12.0M$994M0.0 yrs$0
30 Jun 2025$13.3M$1.02B0.0 yrs$0
31 Dec 2024$15.3M$1.47B0.0 yrs$3.10M
30 Sep 2024$9.60M$476M0.0 yrs$4.10M
30 Jun 2024$12.4Mn/an/a$4.40M
31 Mar 2024$10.2Mn/an/a$4.70M
31 Dec 2023$18.0M$1.43B0.0 yrs$4.90M
30 Sep 2023$21.0Mn/an/a$5.10M
30 Jun 2023$22.7M$509M0.0 yrs$4.90M
31 Mar 2023$24.5M$529M0.0 yrs$3.80M
31 Dec 2022$18.8M$530M0.0 yrs$3.70M
30 Sep 2022$24.1M$531M0.0 yrs$3.90M

Questions

What is Republic Airways's backlog?
Republic Airways reported $12.0M of remaining performance obligations at 30 Sep 2025, up 25% from a year earlier and down 10% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.

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.