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Remaining Performance Obligations
Represents the value of contracted work yet to be completed, offering a view into future revenue streams and business stability.Services RPO has accelerated into a much larger, multi‑year revenue backlog driven by robust order intake and spare‑parts bookings, which supports management’s confidence in hitting the high end of guidance. The caveat: conversion—not backlog—is the risk. Spare‑parts delinquencies, supply constraints and an oversubscribed shop‑visit pipeline could push revenue recognition later and compress near‑term margins, while Middle East disruptions and fuel uncertainty add timing downside despite healthy demand.
Date | Services |
|---|---|
Jun 30, 2026 | $178.71B |
Mar 31, 2026 | $179.91B |
Dec 31, 2025 | $163.03B |
Sep 30, 2025 | $151.00B |
Jun 30, 2025 | $150.01B |
Mar 31, 2025 | $149.29B |
Dec 31, 2024 | $149.13B |
Sep 30, 2024 | $146.88B |
Jun 30, 2024 | $140.57B |