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Starz Entertainment (STRZ) backlog: remaining performance obligations

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

Data as of .

Starz Entertainment backlog history

$0$1B$2B$3BMar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Dec 2025Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
31 Dec 2025$52.8Mn/an/a$52.8M
30 Sep 2025$41.5Mn/an/a$41.5M
30 Jun 2025$39.8Mn/an/a$39.8M
31 Mar 2025$39.4M$1.37B0.0 yrs$39.4M
31 Dec 2024$1.76Bn/an/a$458M
30 Sep 2024$1.81Bn/an/a$377M
30 Jun 2024$1.83Bn/an/a$374M
31 Mar 2024$1.79B$1.39B1.3 yrs$28.5M
31 Dec 2023$1.97Bn/an/a$266M
30 Sep 2023$1.76Bn/an/a$221M
30 Jun 2023$1.89Bn/an/a$188M
31 Mar 2023$1.88B$1.42B1.3 yrs$147M

Questions

What is Starz Entertainment's backlog?
Starz Entertainment reported $52.8M of remaining performance obligations at 31 Dec 2025, down 97% from a year earlier and up 27% from the previous quarter.

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.