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DocuSign (DOCU) backlog: remaining performance obligations

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

Data as of .

DocuSign backlog history

$0$1B$2B$3BOct 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$2.30B$3.36B0.7 yrs$1.58B
30 Apr 2026$2.30B$3.29B0.7 yrs$1.56B
31 Jan 2026$2.40B$3.22B0.7 yrs$1.63B
31 Oct 2025$2.30B$3.16B0.7 yrs$1.44B
31 Jul 2025$2.30B$3.10B0.7 yrs$1.44B
30 Apr 2025$2.30B$3.03B0.8 yrs$1.42B
31 Jan 2025$2.40B$2.98B0.8 yrs$1.46B
31 Oct 2024$2.30B$2.91B0.8 yrs$1.31B
31 Jul 2024$2.20B$2.86B0.8 yrs$1.31B
30 Apr 2024$2.20B$2.81B0.8 yrs$1.31B
31 Jan 2024$2.20B$2.76B0.8 yrs$1.32B
31 Oct 2023$2.00B$2.71B0.7 yrs$1.20B

Questions

What is DocuSign's backlog?
DocuSign reported $2.30B of remaining performance obligations at 31 Jul 2026, flat from a year earlier and flat from the previous quarter. That is 0.7 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
How fast does DocuSign's backlog turn into revenue?
Over the last twelve months DocuSign recognised revenue equal to about 145% 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.