Fair Isaac reported $702M of remaining performance obligations at 30 Sep 2026, up 7% from a year earlier and up 3% from the previous quarter. That is 0.3 years of trailing revenue already under contract. Book-to-bill last quarter: 1.03.
Net new backlog added in the latest quarter: $21.1M.
Over the last twelve months it turned about 370% of its opening backlog into revenue (12-month conversion).
The company reports 50% of the backlog due within the first 13 months.
Customer prepayments (contract liabilities) cover 31.9% of the backlog.
Twelve-month book-to-bill: 1.02, i.e. 1.02 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -20 points — revenue is catching up with orders.
By backlog size it ranks 272nd among US filers the cockpit tracks.
Fair Isaac 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
30 Sep 2026
$702M
$2.53B
0.3 yrs
$224M
30 Jun 2026
$680M
$2.39B
0.3 yrs
$207M
31 Mar 2026
$718M
$2.26B
0.3 yrs
$185M
31 Dec 2025
$682M
$2.06B
0.3 yrs
$175M
30 Sep 2025
$656M
$1.99B
0.3 yrs
$189M
30 Jun 2025
$593M
$1.93B
0.3 yrs
$175M
31 Mar 2025
$512M
$1.84B
0.3 yrs
$175M
31 Dec 2024
$496M
$1.78B
0.3 yrs
$169M
30 Sep 2024
$507M
$1.72B
0.3 yrs
$160M
30 Jun 2024
$483M
$1.65B
0.3 yrs
$156M
31 Mar 2024
$482M
$1.60B
0.3 yrs
$150M
31 Dec 2023
$471M
$1.55B
0.3 yrs
$153M
Questions
What is Fair Isaac's backlog?
Fair Isaac reported $702M of remaining performance obligations at 30 Sep 2026, up 7% from a year earlier and up 3% from the previous quarter. That is 0.3 years of trailing revenue already under contract. Book-to-bill last quarter: 1.03.
How fast does Fair Isaac's backlog turn into revenue?
Over the last twelve months Fair Isaac recognised revenue equal to about 370% 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.