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Diebold Nixdorf (DBD) backlog: remaining performance obligations

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

Data as of .

Diebold Nixdorf backlog history

$0$2B$4BMar 2021Sep 2021Mar 2022Sep 2022Dec 2023Jun 2024Dec 2024Jun 2025Sep 2025Backlog (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
30 Sep 2025$1.40B$3.69B0.4 yrs$301M
30 Jun 2025$1.40B$3.67B0.4 yrs$347M
31 Mar 2025$1.30B$3.70B0.4 yrs$385M
31 Dec 2024$1.40B$3.75B0.4 yrs$321M
30 Sep 2024$1.30Bn/an/a$318M
30 Jun 2024$1.30Bn/an/a$357M
31 Mar 2024$1.40Bn/an/a$382M
31 Dec 2023$1.40Bn/an/a$376M
31 Dec 2022$1.40B$3.46B0.4 yrs$453M
30 Sep 2022$1.30B$3.55B0.4 yrsn/a
30 Jun 2022$1.30B$3.70B0.4 yrsn/a
31 Mar 2022$1.40B$3.79B0.4 yrsn/a

Questions

What is Diebold Nixdorf's backlog?
Diebold Nixdorf reported $1.40B of remaining performance obligations at 30 Sep 2025, up 8% from a year earlier and flat from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
How fast does Diebold Nixdorf's backlog turn into revenue?
Over the last twelve months Diebold Nixdorf recognised revenue equal to about 274% 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.