What is Restaurant Brands International's backlog?

Restaurant Brands International reported $494M of remaining performance obligations at 30 Sep 2026, down 3% from a year earlier and down 0% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

Restaurant Brands International (QSR) backlog: remaining performance obligations

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

Data as of 7 Nov 2026.

Open the interactive Backlog view Restaurant Brands International competitor analysis

Restaurant Brands International reported $494M of remaining performance obligations at 30 Sep 2026, down 3% from a year earlier and down 0% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: -$2.00M.
The company reports 3% of the backlog due within the first 3 months.
Customer prepayments (contract liabilities) cover 100.0% 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: -9 points — revenue is catching up with orders.
By backlog size it ranks 313th among US filers the cockpit tracks.

Restaurant Brands International 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	$494M	$9.78B	0.1 yrs	$494M
30 Jun 2026	$496M	$9.70B	0.1 yrs	$496M
31 Mar 2026	$503M	$9.59B	0.1 yrs	$503M
31 Dec 2025	$517M	$9.43B	0.1 yrs	$517M
30 Sep 2025	$511M	$9.26B	0.1 yrs	$511M
30 Jun 2025	$514M	$9.11B	0.1 yrs	$514M
31 Mar 2025	$501M	$8.78B	0.1 yrs	$501M
31 Dec 2024	$517M	$8.41B	0.1 yrs	$517M
30 Sep 2024	$523M	$7.93B	0.1 yrs	$523M
30 Jun 2024	$519M	$7.48B	0.1 yrs	$519M
31 Mar 2024	$545M	$7.17B	0.1 yrs	$545M
31 Dec 2023	$555M	$7.02B	0.1 yrs	$555M

Questions

What is Restaurant Brands International's backlog?: Restaurant Brands International reported $494M of remaining performance obligations at 30 Sep 2026, down 3% from a year earlier and down 0% from the previous quarter. That is 0.1 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.