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Dow (DOW) backlog: remaining performance obligations

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

Data as of .

Dow backlog history

$0$20B$40B$60BSep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 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
30 Sep 2026$618Mn/an/a$199M
31 Mar 2026$587M$39.3B0.0 yrs$215M
31 Dec 2025$617M$40.0B0.0 yrs$221M
30 Sep 2025$735M$40.9B0.0 yrs$220M
30 Jun 2025$762M$41.8B0.0 yrs$196M
31 Mar 2025$769M$42.6B0.0 yrs$207M
31 Dec 2024$759M$43.0B0.0 yrs$244M
30 Sep 2024$775M$43.2B0.0 yrs$251M
30 Jun 2024$799M$43.0B0.0 yrs$203M
31 Mar 2024$743M$43.5B0.0 yrs$210M
31 Dec 2023$744M$44.6B0.0 yrs$195M
30 Sep 2023$890M$45.9B0.0 yrs$220M

Questions

What is Dow's backlog?
Dow reported $618M of remaining performance obligations at 30 Sep 2026, down 16% from a year earlier.

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.