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Nvidia (NVDA) backlog: remaining performance obligations

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

Data as of .

Nvidia backlog history

$0$100B$200B$300BOct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Oct 2025Apr 2026Jul 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
26 Jul 2026$3.20B$303B0.0 yrs$6.41B
26 Apr 2026$2.60B$253B0.0 yrs$3.12B
25 Jan 2026$2.30B$216B0.0 yrs$2.57B
26 Oct 2025$2.50B$187B0.0 yrs$2.41B
27 Jul 2025$1.90B$165B0.0 yrs$2.04B
27 Apr 2025$1.80B$149B0.0 yrs$2.08B
26 Jan 2025$1.70B$130B0.0 yrs$1.81B
27 Oct 2024$1.60B$113B0.0 yrs$1.58B
28 Jul 2024$1.30B$96.3B0.0 yrs$1.72B
28 Apr 2024$1.30B$79.8B0.0 yrs$1.55B
28 Jan 2024$1.10B$60.9B0.0 yrs$1.34B
29 Oct 2023$896M$44.9B0.0 yrs$938M

Backlog compared with peers

Chip suppliers

CompanyBacklog1-year growthCoverageAs of
Broadcom AVGO$179B+552%2.0 yrs2 Aug 2026
Nvidia NVDA$3.20B+68%0.0 yrs26 Jul 2026
Advanced Micro Devices AMD$246M-12%0.0 yrs26 Sep 2026

Questions

What is Nvidia's backlog?
Nvidia reported $3.20B of remaining performance obligations at 26 Jul 2026, up 68% from a year earlier and up 23% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.01.

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.