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Tennant (TNC) backlog: remaining performance obligations

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

Data as of .

Tennant backlog history

$0$500M$1BDec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 2026Backlog (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 2026$29.6M$1.24B0.0 yrsn/a
30 Jun 2026$29.6M$1.22B0.0 yrsn/a
31 Mar 2026$34.4M$1.21B0.0 yrsn/a
31 Dec 2025$32.4M$1.20B0.0 yrs$16.6M
30 Sep 2025$27.5M$1.24B0.0 yrsn/a
30 Jun 2025$25.4M$1.25B0.0 yrsn/a
31 Mar 2025$22.5M$1.27B0.0 yrsn/a
31 Dec 2024$20.6M$1.29B0.0 yrs$9.80M
30 Sep 2024$16.3M$1.27B0.0 yrsn/a
30 Jun 2024$12.5M$1.26B0.0 yrsn/a
31 Mar 2024$10.9M$1.25B0.0 yrsn/a
31 Dec 2023$10.3M$1.24B0.0 yrs$7.90M

Questions

What is Tennant's backlog?
Tennant reported $29.6M of remaining performance obligations at 30 Sep 2026, up 8% from a year earlier and flat from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

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.