SentinelOne reported $1.70B of remaining performance obligations at 31 Jul 2026, up 42% from a year earlier and up 13% from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.69.
Net new backlog added in the latest quarter: $200M.
Over the last twelve months it turned about 82% of its opening backlog into revenue (12-month conversion).
The company reports 79% of the backlog due within the first 24 months.
Customer prepayments (contract liabilities) cover 34.0% of the backlog.
Twelve-month book-to-bill: 1.46, i.e. 1.46 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +21 points — orders are running ahead of revenue.
By backlog size it ranks 196th among US filers the cockpit tracks.
SentinelOne 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
31 Jul 2026
$1.70B
$1.10B
1.5 yrs
$578M
30 Apr 2026
$1.50B
$1.05B
1.4 yrs
$586M
31 Jan 2026
$1.40B
$1.00B
1.4 yrs
$633M
31 Oct 2025
$1.30B
$956M
1.4 yrs
$570M
31 Jul 2025
$1.20B
$907M
1.3 yrs
$547M
30 Apr 2025
$1.16B
$864M
1.3 yrs
$545M
31 Jan 2025
$1.17B
$822M
1.4 yrs
$572M
31 Oct 2024
$970M
$770M
1.3 yrs
$498M
31 Jul 2024
$944M
$724M
1.3 yrs
$503M
30 Apr 2024
$875M
$674M
1.3 yrs
$493M
31 Jan 2024
$896M
$621M
1.4 yrs
$514M
31 Oct 2023
$776M
$573M
1.4 yrs
$423M
Questions
What is SentinelOne's backlog?
SentinelOne reported $1.70B of remaining performance obligations at 31 Jul 2026, up 42% from a year earlier and up 13% from the previous quarter. That is 1.5 years of trailing revenue already under contract. Book-to-bill last quarter: 1.69.
How fast does SentinelOne's backlog turn into revenue?
Over the last twelve months SentinelOne recognised revenue equal to about 82% 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.