What is Lloyds Banking's backlog?

Lloyds Banking reported £207M of remaining performance obligations at 31 Dec 2025, up 6% from a year earlier. That is 0.0 years of trailing revenue already under contract.

Lloyds Banking (LLOY.L) backlog: remaining performance obligations

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

Data as of 7 Nov 2026.

Open the interactive Backlog view Lloyds Banking competitor analysis

Lloyds Banking reported £207M of remaining performance obligations at 31 Dec 2025, up 6% from a year earlier. That is 0.0 years of trailing revenue already under contract.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +50 points — orders are running ahead of revenue.

Lloyds Banking backlog history

Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).

Amounts in GBP. Source: SEC XBRL filings.
Quarter end	Backlog (RPO)	TTM revenue	Customer prepayments
31 Dec 2025	£207M	£19.4B	n/a
31 Dec 2024	£195M	£34.3B	n/a
31 Dec 2023	£172M	£35.4B	n/a
31 Dec 2022	£149M	£5.81B	n/a
31 Dec 2021	£157M	£39.0B	n/a
31 Dec 2020	£191M	£29.2B	n/a
31 Dec 2019	£270M	£42.4B	n/a
31 Dec 2018	£314M	£22.1B	n/a

Questions

What is Lloyds Banking's backlog?: Lloyds Banking reported £207M of remaining performance obligations at 31 Dec 2025, up 6% from a year earlier. That is 0.0 years of trailing revenue already under contract.

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.