Datadog reported $3.85B of remaining performance obligations at 30 Sep 2026, up 38% from a year earlier and up 11% from the previous quarter. That is 0.9 years of trailing revenue already under contract. Book-to-bill last quarter: 1.31.
Net new backlog added in the latest quarter: $376M.
Over the last twelve months it turned about 130% of its opening backlog into revenue (12-month conversion).
Customer prepayments (contract liabilities) cover 32.1% of the backlog.
Twelve-month book-to-bill: 1.25, i.e. 1.25 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 135th among US filers the cockpit tracks.
Datadog 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
$3.85B
$4.28B
0.9 yrs
$1.24B
30 Jun 2026
$3.47B
$3.97B
0.9 yrs
$1.29B
31 Mar 2026
$3.48B
$3.67B
0.9 yrs
$1.23B
31 Dec 2025
$3.46B
$3.43B
1.0 yrs
$1.19B
30 Sep 2025
$2.79B
$3.21B
0.9 yrs
$974M
30 Jun 2025
$2.43B
$3.02B
0.8 yrs
$966M
31 Mar 2025
$2.31B
$2.83B
0.8 yrs
$949M
31 Dec 2024
$2.27B
$2.68B
0.8 yrs
$962M
30 Sep 2024
$1.82B
$2.54B
0.7 yrs
$796M
30 Jun 2024
$1.79B
$2.39B
0.7 yrs
$802M
31 Mar 2024
$1.73B
$2.26B
0.8 yrs
$768M
31 Dec 2023
$1.84B
$2.13B
0.9 yrs
$766M
Questions
What is Datadog's backlog?
Datadog reported $3.85B of remaining performance obligations at 30 Sep 2026, up 38% from a year earlier and up 11% from the previous quarter. That is 0.9 years of trailing revenue already under contract. Book-to-bill last quarter: 1.31.
How fast does Datadog's backlog turn into revenue?
Over the last twelve months Datadog recognised revenue equal to about 130% 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.