Gitlab reported $1.20B of remaining performance obligations at 31 Jul 2026, up 21% from a year earlier and up 9% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.35.
Net new backlog added in the latest quarter: $100M.
Over the last twelve months it turned about 100% of its opening backlog into revenue (12-month conversion).
Twelve-month book-to-bill: 1.20, i.e. 1.20 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -2 points — revenue is catching up with orders.
By backlog size it ranks 225th among US filers the cockpit tracks.
Gitlab 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 Jul 2026
$1.20B
$1.06B
1.1 yrs
n/a
30 Apr 2026
$1.10B
$1.00B
1.1 yrs
$533M
31 Jan 2026
$1.14B
$955M
1.2 yrs
$545M
31 Oct 2025
$1.00B
$906M
1.1 yrs
$465M
31 Jul 2025
$988M
$858M
1.2 yrs
$460M
30 Apr 2025
$955M
$805M
1.2 yrs
$451M
31 Jan 2025
$945M
$759M
1.2 yrs
$443M
31 Oct 2024
$812M
$712M
1.1 yrs
$383M
31 Jul 2024
$748M
$665M
1.1 yrs
$362M
30 Apr 2024
$681M
$622M
1.1 yrs
$342M
31 Jan 2024
$674M
$580M
1.2 yrs
$338M
31 Oct 2023
$548M
$539M
1.0 yrs
$288M
Questions
What is Gitlab's backlog?
Gitlab reported $1.20B of remaining performance obligations at 31 Jul 2026, up 21% from a year earlier and up 9% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.35.
How fast does Gitlab's backlog turn into revenue?
Over the last twelve months Gitlab recognised revenue equal to about 100% 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.