Supermicro reported $5.67B of remaining performance obligations at 30 Sep 2026, up 451% from a year earlier and up 117% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.15.
Net new backlog added in the latest quarter: $3.05B.
76% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 76.4% 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: +295 points — orders are running ahead of revenue.
By backlog size it ranks 104th among US filers the cockpit tracks.
Supermicro 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
$5.67B
$54.0B
0.1 yrs
$4.33B
30 Jun 2026
$2.61B
$39.1B
0.1 yrs
$2.61B
31 Mar 2026
$2.14B
$33.7B
0.1 yrs
$1.47B
31 Dec 2025
$1.30B
$28.1B
0.0 yrs
$775M
30 Sep 2025
$1.03B
$21.1B
0.0 yrs
$597M
30 Jun 2025
$731M
$22.0B
0.0 yrs
$731M
31 Mar 2025
$666M
$21.6B
0.0 yrs
$353M
31 Dec 2024
$599M
$20.8B
0.0 yrs
$309M
30 Sep 2024
$558M
$18.8B
0.0 yrs
$306M
30 Jun 2024
$416M
$15.0B
0.0 yrs
$416M
31 Mar 2024
$436M
$11.8B
0.0 yrs
$233M
31 Dec 2023
$384M
$9.25B
0.0 yrs
$193M
Questions
What is Supermicro's backlog?
Supermicro reported $5.67B of remaining performance obligations at 30 Sep 2026, up 451% from a year earlier and up 117% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.15.
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.