Take-Two Interactive reported $1.27B of remaining performance obligations at 30 Jun 2026, up 7% from a year earlier and down 12% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.89.
Net new backlog added in the latest quarter: -$175M.
Over the last twelve months it turned about 487% of its opening backlog into revenue (12-month conversion).
84% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 79.8% of the backlog.
Twelve-month book-to-bill: 1.01, i.e. 1.01 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -8 points — revenue is catching up with orders.
By backlog size it ranks 222nd among US filers the cockpit tracks.
Take-Two Interactive 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 Jun 2026
$1.27B
$6.69B
0.2 yrs
$1.01B
31 Mar 2026
$1.45B
$6.66B
0.2 yrs
$1.19B
31 Dec 2025
$1.43B
$6.56B
0.2 yrs
$1.31B
30 Sep 2025
$1.49B
$6.22B
0.2 yrs
$1.27B
30 Jun 2025
$1.19B
$5.80B
0.2 yrs
$1.04B
31 Mar 2025
$1.33B
$5.63B
0.2 yrs
$1.11B
31 Dec 2024
$1.34B
$5.45B
0.2 yrs
$1.13B
30 Sep 2024
$1.22B
$5.46B
0.2 yrs
$1.10B
30 Jun 2024
$1.09B
$5.40B
0.2 yrs
$984M
31 Mar 2024
$1.24B
$5.35B
0.2 yrs
$1.10B
31 Dec 2023
$1.25B
$5.40B
0.2 yrs
$1.14B
30 Sep 2023
$1.33B
$5.44B
0.2 yrs
$1.18B
Questions
What is Take-Two Interactive's backlog?
Take-Two Interactive reported $1.27B of remaining performance obligations at 30 Jun 2026, up 7% from a year earlier and down 12% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.89.
How fast does Take-Two Interactive's backlog turn into revenue?
Over the last twelve months Take-Two Interactive recognised revenue equal to about 487% 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.