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8x8 (EGHT) backlog: remaining performance obligations

How much revenue 8x8 already has under contract, how fast it converts, and who it is with.

Data as of .

8x8 backlog history

$0$250M$500M$750MDec 2019Sep 2020Dec 2022Sep 2023Jun 2024Dec 2024Sep 2025Jun 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$610M$752M0.8 yrs$38.8M
30 Jun 2026$640M$745M0.9 yrs$35.3M
31 Dec 2025$675M$728M0.9 yrs$36.8M
30 Sep 2025$710M$721M1.0 yrs$43.6M
30 Jun 2025$755M$718M1.1 yrs$42.1M
31 Dec 2024$800M$717M1.1 yrs$33.4M
30 Sep 2024$800M$720M1.1 yrs$37.7M
30 Jun 2024$780M$724M1.1 yrs$33.7M
31 Dec 2023$765M$734M1.0 yrs$32.8M
30 Sep 2023$780M$737M1.1 yrs$33.2M
30 Jun 2023$790M$740M1.1 yrs$40.4M
31 Dec 2022$750M$741M1.0 yrs$34.2M

Questions

What is 8x8's backlog?
8x8 reported $610M of remaining performance obligations at 30 Sep 2026, down 14% from a year earlier and down 5% from the previous quarter. That is 0.8 years of trailing revenue already under contract. Book-to-bill last quarter: 0.84.
How fast does 8x8's backlog turn into revenue?
Over the last twelve months 8x8 recognised revenue equal to about 106% 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.