Sandisk reported $88.9B of remaining performance obligations at 2 Oct 2026 and up 49% from the previous quarter. That is 3.1 years of trailing revenue already under contract. Book-to-bill last quarter: 3.64.
Net new backlog added in the latest quarter: $29.1B.
20% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 1.7% of the backlog.
By backlog size it ranks 14th among US filers the cockpit tracks.
Sandisk 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
2 Oct 2026
$88.9B
$29.0B
3.1 yrs
$1.50B
3 Jul 2026
$59.8B
$20.2B
3.0 yrs
$1.20B
3 Apr 2026
$41.6B
$13.2B
3.2 yrs
$511M
Questions
What is Sandisk's backlog?
Sandisk reported $88.9B of remaining performance obligations at 2 Oct 2026 and up 49% from the previous quarter. That is 3.1 years of trailing revenue already under contract. Book-to-bill last quarter: 3.64.
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.