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GoDaddy (GDDY) backlog: remaining performance obligations

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

Data as of .

GoDaddy backlog history

$0$2B$4BDec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 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$3.53B$5.18B0.7 yrs$2.54B
30 Jun 2026$3.51B$5.10B0.7 yrs$2.53B
31 Mar 2026$3.45B$5.02B0.7 yrs$2.49B
31 Dec 2025$3.32B$4.95B0.7 yrs$2.38B
30 Sep 2025$3.36B$4.87B0.7 yrs$2.42B
30 Jun 2025$3.34B$4.75B0.7 yrs$2.40B
31 Mar 2025$3.26B$4.66B0.7 yrs$2.34B
31 Dec 2024$3.11B$4.57B0.7 yrs$2.22B
30 Sep 2024$3.14B$4.48B0.7 yrs$2.26B
30 Jun 2024$3.10B$4.40B0.7 yrs$2.23B
31 Mar 2024$3.02B$4.33B0.7 yrs$2.17B
31 Dec 2023$2.88B$4.25B0.7 yrs$2.07B

Questions

What is GoDaddy's backlog?
GoDaddy reported $3.53B of remaining performance obligations at 30 Sep 2026, up 5% from a year earlier and up 1% from the previous quarter. That is 0.7 years of trailing revenue already under contract. Book-to-bill last quarter: 1.02.
How fast does GoDaddy's backlog turn into revenue?
Over the last twelve months GoDaddy recognised revenue equal to about 152% 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.