What is Snap's backlog?

Snap reported $388M of remaining performance obligations at 31 Dec 2025. That is 0.1 years of trailing revenue already under contract.

Snap (SNAP) backlog: remaining performance obligations

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

Data as of 7 Nov 2026.

Open the interactive Backlog view Snap competitor analysis

Snap reported $388M of remaining performance obligations at 31 Dec 2025. That is 0.1 years of trailing revenue already under contract.
Customer prepayments (contract liabilities) cover 37.4% of the backlog.
The latest filed figure is more than 200 days old.

Snap 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 Dec 2025	$388M	$5.93B	0.1 yrs	$145M

Questions

What is Snap's backlog?: Snap reported $388M of remaining performance obligations at 31 Dec 2025. That is 0.1 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.