NCR Atleos reported $1.80B of remaining performance obligations at 30 Sep 2026, down 10% from a year earlier and down 14% from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 0.73.
Net new backlog added in the latest quarter: -$300M.
Over the last twelve months it turned about 205% of its opening backlog into revenue (12-month conversion).
75% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 21.3% of the backlog.
Twelve-month book-to-bill: 0.95, i.e. 0.95 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -12 points — revenue is catching up with orders.
By backlog size it ranks 190th among US filers the cockpit tracks.
NCR Atleos 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
30 Sep 2026
$1.80B
$4.40B
0.4 yrs
$383M
30 Jun 2026
$2.10B
$4.42B
0.5 yrs
$408M
31 Mar 2026
$2.30B
$4.42B
0.5 yrs
$435M
31 Dec 2025
$2.20B
$4.35B
0.5 yrs
$383M
30 Sep 2025
$2.00B
$4.31B
0.5 yrs
$358M
30 Jun 2025
$2.20B
$4.26B
0.5 yrs
$395M
31 Mar 2025
$2.50B
$4.24B
0.6 yrs
$403M
31 Dec 2024
$2.00B
$4.30B
0.5 yrs
$328M
30 Sep 2024
$2.00B
$4.29B
0.5 yrs
$304M
30 Jun 2024
$2.00B
$4.29B
0.5 yrs
$318M
31 Mar 2024
$2.20B
$4.25B
0.5 yrs
$332M
31 Dec 2023
$1.90B
$4.19B
0.5 yrs
$332M
Questions
What is NCR Atleos's backlog?
NCR Atleos reported $1.80B of remaining performance obligations at 30 Sep 2026, down 10% from a year earlier and down 14% from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 0.73.
How fast does NCR Atleos's backlog turn into revenue?
Over the last twelve months NCR Atleos recognised revenue equal to about 205% 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.