Korn Ferry reported $1.33B of remaining performance obligations at 31 Jul 2026, up 17% from a year earlier and up 3% from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 1.05.
Net new backlog added in the latest quarter: $40.2M.
Over the last twelve months it turned about 239% of its opening backlog into revenue (12-month conversion).
The company reports 36% of the backlog due within the first 9 months.
Customer prepayments (contract liabilities) cover 17.3% of the backlog.
Twelve-month book-to-bill: 1.06, i.e. 1.06 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +10 points — orders are running ahead of revenue.
By backlog size it ranks 215th among US filers the cockpit tracks.
Korn Ferry 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
$1.33B
$2.99B
0.4 yrs
$229M
30 Apr 2026
$1.29B
$2.94B
0.4 yrs
$248M
31 Jan 2026
$1.30B
$2.89B
0.4 yrs
$260M
31 Oct 2025
$1.29B
$2.84B
0.5 yrs
$221M
31 Jul 2025
$1.13B
$2.79B
0.4 yrs
$231M
30 Apr 2025
$1.16B
$2.76B
0.4 yrs
$245M
31 Jan 2025
$1.12B
$2.74B
0.4 yrs
$238M
31 Oct 2024
$1.01B
$2.74B
0.4 yrs
$216M
31 Jul 2024
$997M
$2.77B
0.4 yrs
$228M
30 Apr 2024
$1.01B
$2.80B
0.4 yrs
$241M
31 Jan 2024
$1.08B
$2.83B
0.4 yrs
$246M
31 Oct 2023
$1.05B
$2.84B
0.4 yrs
$223M
Questions
What is Korn Ferry's backlog?
Korn Ferry reported $1.33B of remaining performance obligations at 31 Jul 2026, up 17% from a year earlier and up 3% from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 1.05.
How fast does Korn Ferry's backlog turn into revenue?
Over the last twelve months Korn Ferry recognised revenue equal to about 239% 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.