Synopsys reported $10.9B of remaining performance obligations at 31 Jul 2026, up 8% from a year earlier and down 1% from the previous quarter. That is 1.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.96.
Net new backlog added in the latest quarter: -$100M.
Over the last twelve months it turned about 86% of its opening backlog into revenue (12-month conversion).
49% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 24.9% of the backlog.
Twelve-month book-to-bill: 1.08, i.e. 1.08 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -38 points — revenue is catching up with orders.
By backlog size it ranks 68th among US filers the cockpit tracks.
Synopsys 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
$10.9B
$9.42B
1.2 yrs
$2.72B
30 Apr 2026
$11.0B
$8.68B
1.3 yrs
$2.81B
31 Jan 2026
$11.3B
$8.01B
1.4 yrs
$2.88B
31 Oct 2025
$11.4B
$7.05B
1.6 yrs
$2.63B
31 Jul 2025
$10.1B
$6.44B
1.6 yrs
$2.37B
30 Apr 2025
$8.10B
$6.22B
1.3 yrs
$1.71B
31 Jan 2025
$7.70B
$6.07B
1.3 yrs
$1.64B
31 Oct 2024
$8.10B
$6.13B
1.3 yrs
$1.73B
31 Jul 2024
$7.90B
$5.83B
1.4 yrs
$1.68B
30 Apr 2024
$7.90B
$5.66B
1.4 yrs
$1.77B
31 Jan 2024
$8.20B
$5.47B
1.5 yrs
$2.05B
31 Oct 2023
$8.10B
$5.32B
1.5 yrs
$1.71B
Questions
What is Synopsys's backlog?
Synopsys reported $10.9B of remaining performance obligations at 31 Jul 2026, up 8% from a year earlier and down 1% from the previous quarter. That is 1.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.96.
How fast does Synopsys's backlog turn into revenue?
Over the last twelve months Synopsys recognised revenue equal to about 86% 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.