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Deere & (DE) backlog: remaining performance obligations

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

Data as of .

Deere & backlog history

$0$20B$40B$60BOct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025ov 2025ay 2026ug 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
2 Aug 2026$1.87B$48.0B0.0 yrs$891M
3 May 2026$1.85B$47.4B0.0 yrs$945M
1 Feb 2026$1.81B$46.8B0.0 yrs$922M
2 Nov 2025$1.81B$45.7B0.0 yrs$837M
27 Jul 2025$1.82B$44.4B0.0 yrs$874M
27 Apr 2025$1.77B$45.6B0.0 yrs$895M
26 Jan 2025$1.73B$48.0B0.0 yrs$854M
27 Oct 2024$1.75B$51.7B0.0 yrs$744M
28 Jul 2024$1.68B$56.0B0.0 yrs$766M
28 Apr 2024$1.63B$58.6B0.0 yrs$801M
28 Jan 2024$1.53B$60.8B0.0 yrs$700M
29 Oct 2023$1.49B$61.3B0.0 yrs$676M

Questions

What is Deere &'s backlog?
Deere & reported $1.87B of remaining performance obligations at 2 Aug 2026, up 3% from a year earlier and up 1% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

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.