Teradata reported $2.00B of remaining performance obligations at 30 Sep 2026, up 7% 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: 0.93.
Net new backlog added in the latest quarter: -$29.0M.
Over the last twelve months it turned about 83% of its opening backlog into revenue (12-month conversion).
65% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 23.9% 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: +6 points — orders are running ahead of revenue.
By backlog size it ranks 182nd among US filers the cockpit tracks.
Teradata 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
$2.00B
$1.67B
1.2 yrs
$477M
30 Jun 2026
$2.03B
$1.69B
1.2 yrs
$572M
31 Mar 2026
$2.03B
$1.69B
1.2 yrs
$615M
31 Dec 2025
$2.18B
$1.66B
1.3 yrs
$544M
30 Sep 2025
$1.86B
$1.65B
1.1 yrs
$539M
30 Jun 2025
$1.84B
$1.68B
1.1 yrs
$533M
31 Mar 2025
$1.98B
$1.70B
1.2 yrs
$561M
31 Dec 2024
$2.30B
$1.75B
1.3 yrs
$522M
30 Sep 2024
$2.18B
$1.80B
1.2 yrs
$495M
30 Jun 2024
$2.30B
$1.80B
1.3 yrs
$539M
31 Mar 2024
$2.40B
$1.82B
1.3 yrs
$586M
31 Dec 2023
$2.68B
$1.83B
1.5 yrs
$592M
Questions
What is Teradata's backlog?
Teradata reported $2.00B of remaining performance obligations at 30 Sep 2026, up 7% 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: 0.93.
How fast does Teradata's backlog turn into revenue?
Over the last twelve months Teradata recognised revenue equal to about 83% 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.