Teledyne Technologies reported $5.51B of remaining performance obligations at 27 Sep 2026, up 21% from a year earlier and up 7% from the previous quarter. That is 0.8 years of trailing revenue already under contract. Book-to-bill last quarter: 1.20.
Net new backlog added in the latest quarter: $338M.
Over the last twelve months it turned about 136% of its opening backlog into revenue (12-month conversion).
72% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 8.7% of the backlog.
Twelve-month book-to-bill: 1.15, i.e. 1.15 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +12 points — orders are running ahead of revenue.
By backlog size it ranks 106th among US filers the cockpit tracks.
Teledyne Technologies 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 Sep 2026
$5.51B
$6.52B
0.8 yrs
$480M
28 Jun 2026
$5.18B
$6.37B
0.8 yrs
$462M
29 Mar 2026
$4.87B
$6.23B
0.8 yrs
$437M
28 Dec 2025
$4.61B
$6.12B
0.8 yrs
$403M
28 Sep 2025
$4.57B
$6.01B
0.8 yrs
$402M
29 Jun 2025
$4.45B
$5.91B
0.8 yrs
$385M
30 Mar 2025
$4.21B
$5.77B
0.7 yrs
$366M
29 Dec 2024
$3.70B
$5.67B
0.7 yrs
$343M
29 Sep 2024
$3.58B
$5.59B
0.6 yrs
$356M
30 Jun 2024
$3.42B
$5.55B
0.6 yrs
$341M
31 Mar 2024
$3.29B
$5.60B
0.6 yrs
$300M
31 Dec 2023
$3.14B
$5.64B
0.6 yrs
$267M
Questions
What is Teledyne Technologies's backlog?
Teledyne Technologies reported $5.51B of remaining performance obligations at 27 Sep 2026, up 21% from a year earlier and up 7% from the previous quarter. That is 0.8 years of trailing revenue already under contract. Book-to-bill last quarter: 1.20.
How fast does Teledyne Technologies's backlog turn into revenue?
Over the last twelve months Teledyne Technologies recognised revenue equal to about 136% 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.