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NETGEAR (NTGR) backlog: remaining performance obligations

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

Data as of .

NETGEAR backlog history

$0$500M$1BDec 2022ul 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
27 Sep 2026$80.9M$677M0.1 yrs$25.2M
28 Jun 2026$63.6M$694M0.1 yrs$25.5M
29 Mar 2026$63.1M$696M0.1 yrs$26.2M
31 Dec 2025$55.0M$700M0.1 yrs$26.9M
28 Sep 2025$74.9M$700M0.1 yrs$27.9M
29 Jun 2025$79.7M$698M0.1 yrs$28.9M
30 Mar 2025$68.7M$671M0.1 yrs$30.2M
31 Dec 2024$59.1M$674M0.1 yrs$30.3M
29 Sep 2024$72.7M$680M0.1 yrs$29.6M
30 Jun 2024$69.2M$695M0.1 yrs$28.7M
31 Mar 2024$58.6M$724M0.1 yrs$28.4M
31 Dec 2023$63.9M$741M0.1 yrs$27.1M

Questions

What is NETGEAR's backlog?
NETGEAR reported $80.9M of remaining performance obligations at 27 Sep 2026, up 8% from a year earlier and up 27% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.10.

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.