Rimini Street reported $653M of remaining performance obligations at 30 Sep 2026, up 7% from a year earlier and up 3% from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.14.
Net new backlog added in the latest quarter: $16.0M.
Over the last twelve months it turned about 72% of its opening backlog into revenue (12-month conversion).
Customer prepayments (contract liabilities) cover 36.1% of the backlog.
Twelve-month book-to-bill: 1.09, i.e. 1.09 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +4 points — orders are running ahead of revenue.
By backlog size it ranks 282nd among US filers the cockpit tracks.
Rimini Street 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
$653M
$438M
1.5 yrs
$236M
30 Jun 2026
$637M
$430M
1.5 yrs
$267M
31 Mar 2026
$644M
$423M
1.5 yrs
$277M
30 Sep 2025
$611M
$426M
1.4 yrs
$226M
30 Jun 2025
$590M
$427M
1.4 yrs
$263M
31 Mar 2025
$553M
$426M
1.3 yrs
$256M
30 Sep 2024
$575M
$427M
1.3 yrs
$223M
30 Jun 2024
$557M
$429M
1.3 yrs
$263M
31 Mar 2024
$557M
$433M
1.3 yrs
$254M
30 Sep 2023
$550M
$428M
1.3 yrs
$238M
30 Jun 2023
$565M
$422M
1.3 yrs
$285M
31 Mar 2023
$556M
$417M
1.3 yrs
$287M
Questions
What is Rimini Street's backlog?
Rimini Street reported $653M of remaining performance obligations at 30 Sep 2026, up 7% from a year earlier and up 3% from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.14.
How fast does Rimini Street's backlog turn into revenue?
Over the last twelve months Rimini Street recognised revenue equal to about 72% of the backlog it started each quarter with.
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.