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Relx (REL.L) backlog: remaining performance obligations

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

Data as of .

Relx backlog history

£0£5B£10BDec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in GBP. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
31 Dec 2025£35.0M£9.59B0.0 yrsn/a
31 Dec 2024£55.0M£9.43B0.0 yrsn/a
31 Dec 2023£83.0M£9.16B0.0 yrsn/a
31 Dec 2022£100M£8.55B0.0 yrsn/a
31 Dec 2021£95.0M£7.24B0.0 yrsn/a
31 Dec 2020£146M£7.11B0.0 yrsn/a
31 Dec 2019£162M£7.87B0.0 yrsn/a
31 Dec 2018£210M£7.49B0.0 yrsn/a

Questions

What is Relx's backlog?
Relx reported £35.0M of remaining performance obligations at 31 Dec 2025, down 36% from a year earlier. That is 0.0 years of trailing revenue already under contract.

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.