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.
Net new backlog added in the latest quarter: $16.0M.
The company reports 7% of the backlog due within the first 3 months.
Customer prepayments (contract liabilities) cover 47.6% of the backlog.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -5 points — revenue is catching up with orders.
By backlog size it ranks 186th among US filers the cockpit tracks.
Deere & 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
2 Aug 2026
$1.87B
$48.0B
0.0 yrs
$891M
3 May 2026
$1.85B
$47.4B
0.0 yrs
$945M
1 Feb 2026
$1.81B
$46.8B
0.0 yrs
$922M
2 Nov 2025
$1.81B
$45.7B
0.0 yrs
$837M
27 Jul 2025
$1.82B
$44.4B
0.0 yrs
$874M
27 Apr 2025
$1.77B
$45.6B
0.0 yrs
$895M
26 Jan 2025
$1.73B
$48.0B
0.0 yrs
$854M
27 Oct 2024
$1.75B
$51.7B
0.0 yrs
$744M
28 Jul 2024
$1.68B
$56.0B
0.0 yrs
$766M
28 Apr 2024
$1.63B
$58.6B
0.0 yrs
$801M
28 Jan 2024
$1.53B
$60.8B
0.0 yrs
$700M
29 Oct 2023
$1.49B
$61.3B
0.0 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.