Descartes Systems reported $647M of remaining performance obligations at 31 Jan 2026, up 23% from a year earlier. That is 0.9 years of trailing revenue already under contract.
Over the last twelve months it turned about 138% of its opening backlog into revenue (12-month conversion).
The company reports 80% of the backlog due within the first 24 months.
Customer prepayments (contract liabilities) cover 18.4% of the backlog.
Twelve-month book-to-bill: 1.16, i.e. 1.16 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +11 points — orders are running ahead of revenue.
The latest filed figure is more than 200 days old.
Descartes Systems 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
31 Jan 2026
$647M
$729M
0.9 yrs
$119M
31 Jul 2025
$554M
n/a
n/a
$118M
31 Jan 2025
$528M
$651M
0.8 yrs
$105M
31 Jul 2024
$430M
n/a
n/a
$105M
31 Jan 2024
$446M
$573M
0.8 yrs
$86.0M
31 Jul 2023
$478M
n/a
n/a
$87.2M
31 Jan 2023
$344M
$486M
0.7 yrs
$69.4M
31 Jul 2022
$372M
n/a
n/a
$68.3M
31 Jan 2022
$367M
$425M
0.9 yrs
$58.7M
31 Jan 2019
$200M
$275M
0.7 yrs
$35.1M
Questions
What is Descartes Systems's backlog?
Descartes Systems reported $647M of remaining performance obligations at 31 Jan 2026, up 23% from a year earlier. That is 0.9 years of trailing revenue already under contract.
How fast does Descartes Systems's backlog turn into revenue?
Over the last twelve months Descartes Systems recognised revenue equal to about 138% 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.