BlackLine reported $1.10B of remaining performance obligations at 30 Sep 2026, up 14% from a year earlier and flat from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: $0.
Over the last twelve months it turned about 70% of its opening backlog into revenue (12-month conversion).
53% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 31.1% of the backlog.
Twelve-month book-to-bill: 1.18, i.e. 1.18 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +5 points — orders are running ahead of revenue.
By backlog size it ranks 232nd among US filers the cockpit tracks.
BlackLine backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
30 Sep 2026
$1.10B
$748M
1.5 yrs
$342M
30 Jun 2026
$1.10B
$732M
1.5 yrs
$364M
31 Mar 2026
$1.10B
$717M
1.5 yrs
$360M
31 Dec 2025
$1.10B
$700M
1.6 yrs
$369M
30 Sep 2025
$964M
$687M
1.4 yrs
$325M
30 Jun 2025
$944M
$674M
1.4 yrs
$342M
31 Mar 2025
$913M
$663M
1.4 yrs
$331M
31 Dec 2024
$879M
$653M
1.3 yrs
$339M
30 Sep 2024
$858M
$640M
1.3 yrs
$301M
30 Jun 2024
$848M
$624M
1.4 yrs
$311M
31 Mar 2024
$826M
$608M
1.4 yrs
$307M
31 Dec 2023
$843M
$590M
1.4 yrs
$320M
Questions
What is BlackLine's backlog?
BlackLine reported $1.10B of remaining performance obligations at 30 Sep 2026, up 14% from a year earlier and flat from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
How fast does BlackLine's backlog turn into revenue?
Over the last twelve months BlackLine recognised revenue equal to about 70% 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.