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BlackBerry (BB.TO) backlog: remaining performance obligations

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

Data as of .

BlackBerry backlog history

$0$250M$500M$750MNov 2022May 2023Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Aug 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
31 Aug 2026$128M$614M0.2 yrsn/a
31 May 2026$134M$580M0.2 yrsn/a
28 Feb 2026$153M$549M0.3 yrsn/a
30 Nov 2025$126M$535M0.2 yrsn/a
31 Aug 2025$135M$537M0.3 yrsn/a
31 May 2025$145M$533M0.3 yrsn/a
28 Feb 2025$167M$535M0.3 yrsn/a
30 Nov 2024$142M$495M0.3 yrsn/a
31 Aug 2024$189M$504M0.4 yrsn/a
31 May 2024$206M$510M0.4 yrsn/a
29 Feb 2024$222M$759M0.3 yrsn/a
30 Nov 2023$202Mn/an/an/a

Questions

What is BlackBerry's backlog?
BlackBerry reported $128M of remaining performance obligations at 31 Aug 2026, down 5% from a year earlier and down 4% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.97.
How fast does BlackBerry's backlog turn into revenue?
Over the last twelve months BlackBerry recognised revenue equal to about 451% 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.