What is Paymentus's backlog?

Paymentus reported $5.80M of remaining performance obligations at 30 Sep 2026, down 9% from a year earlier and down 19% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

Paymentus (PAY) backlog: remaining performance obligations

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

Data as of 7 Nov 2026.

Open the interactive Backlog view Paymentus competitor analysis

Paymentus reported $5.80M of remaining performance obligations at 30 Sep 2026, down 9% from a year earlier and down 19% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: -$1.40M.
24% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 50.0% of the backlog.
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: -36 points — revenue is catching up with orders.
By backlog size it ranks 525th among US filers the cockpit tracks.

Paymentus 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	Customer prepayments
30 Sep 2026	$5.80M	$1.42B	$2.90M
30 Jun 2026	$7.20M	$1.36B	$4.10M
31 Mar 2026	$8.20M	$1.28B	$5.00M
31 Dec 2025	$6.90M	$1.20B	$3.50M
30 Sep 2025	$6.40M	$1.12B	$6.40M
30 Jun 2025	$6.40M	$1.04B	$6.40M
31 Mar 2025	$6.10M	$962M	$6.10M
31 Dec 2024	$5.70M	$872M	$5.70M
30 Sep 2024	$4.90M	$779M	$4.90M
30 Jun 2024	$5.80M	$700M	$5.80M
31 Mar 2024	$6.80M	$651M	$6.80M
31 Dec 2023	$6.80M	$614M	$6.80M

Questions

What is Paymentus's backlog?: Paymentus reported $5.80M of remaining performance obligations at 30 Sep 2026, down 9% from a year earlier and down 19% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

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.