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Salesforce (CRM) backlog: remaining performance obligations

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

Data as of .

Salesforce backlog history

$0$20B$40B$60BOct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Oct 2025Apr 2026Jul 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 Jul 2026$66.3B$43.9B1.5 yrs$18.8B
30 Apr 2026$67.9B$42.8B1.6 yrs$20.4B
31 Jan 2026$72.4B$41.5B1.7 yrs$24.3B
31 Oct 2025$59.5B$40.3B1.5 yrs$15.0B
31 Jul 2025$59.9B$39.5B1.5 yrs$16.6B
30 Apr 2025$60.9B$38.6B1.6 yrs$17.8B
31 Jan 2025$63.4B$37.9B1.7 yrs$20.7B
31 Oct 2024$53.1B$37.2B1.4 yrs$13.5B
31 Jul 2024$53.5B$36.5B1.5 yrs$15.2B
30 Apr 2024$53.9B$35.7B1.5 yrs$16.1B
31 Jan 2024$56.9B$34.9B1.6 yrs$19.0B
31 Oct 2023$48.3B$34.0B1.4 yrs$12.6B

Questions

What is Salesforce's backlog?
Salesforce reported $66.3B of remaining performance obligations at 31 Jul 2026, up 11% from a year earlier and down 2% from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 0.86.
How fast does Salesforce's backlog turn into revenue?
Over the last twelve months Salesforce recognised revenue equal to about 68% 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.