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Sales Order Backlog
Represents pending sales orders, offering a view into future revenue streams and demand strength for the company's offerings.Backlog fell sharply after the 2023 peak as the business worked through elevated orders, but has started re-accumulating into early 2026—management highlights a sequential buildup that underpins their raised EBITDA and revenue outlook. The recovery signals improving demand and rental execution, yet backlog is still well below prior highs, so revenue visibility remains muted; conversion will hinge on execution, inventory drawdown and supply‑chain/tariff risks that management is explicitly targeting to drive cash flow and deleveraging.
Date | Sales Order Backlog |
|---|---|
Dec 31, 2025 | $335.26M |
Sep 30, 2025 | $279.79M |
Jun 30, 2025 | $334.81M |
Mar 31, 2025 | $420.15M |
Dec 31, 2024 | $368.78M |
Sep 30, 2024 | $395.60M |
Jun 30, 2024 | $478.24M |
Mar 31, 2024 | $537.29M |
Dec 31, 2023 | $688.56M |
Sep 30, 2023 | $779.29M |