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Global Payments (GPN) backlog: remaining performance obligations

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

Data as of .

Global Payments backlog history

$0$5B$10BDec 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$860M$11.5B0.1 yrs$203M
30 Jun 2026$904M$10.2B0.1 yrs$193M
31 Mar 2026$902M$8.86B0.1 yrs$178M
31 Dec 2025$880M$7.71B0.1 yrs$178M
30 Sep 2025$737M$7.73B0.1 yrs$189M
30 Jun 2025$774M$7.72B0.1 yrs$176M
31 Mar 2025$755M$7.72B0.1 yrs$170M
31 Dec 2024$823M$7.74B0.1 yrs$202M
30 Sep 2024$3.81B$5.96B0.6 yrs$241M
30 Jun 2024$3.93B$6.44B0.6 yrs$229M
31 Mar 2024$4.02B$6.92B0.6 yrs$211M
31 Dec 2023$3.82B$7.38B0.5 yrs$184M

Questions

What is Global Payments's backlog?
Global Payments reported $860M of remaining performance obligations at 30 Sep 2026, up 17% from a year earlier and down 5% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.

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.