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Awarded Orders
Tracks the value of new orders secured, reflecting sales effectiveness and potential future revenue streams, indicating market competitiveness and demand.Awarded orders peaked in late‑2024 then eased through 2025, suggesting the company is shifting from booking acceleration to converting its record backlog into shipments. Management’s $747.6M BLAO (with ~$603M slated to ship in the next four quarters) gives strong near‑term revenue visibility, but delivery timing, lumpy BESS/OEM conversions, tariff/logistics headwinds and elevated legal costs mean this backlog must convert on schedule to restore margins and cash flow.
Date | Awarded Orders |
|---|---|
Dec 31, 2025 | $421.40M |
Sep 30, 2025 | $423.10M |
Jun 30, 2025 | $410.40M |
Mar 31, 2025 | $442.90M |
Dec 31, 2024 | $479.90M |
Sep 30, 2024 | $443.20M |
Jun 30, 2024 | $435.60M |
Mar 31, 2024 | $419.00M |
Dec 31, 2023 | $425.50M |
Sep 30, 2023 | $366.00M |