What is Twilio's backlog?

Twilio reported $121M of remaining performance obligations at 30 Sep 2026, down 28% from a year earlier and down 13% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.

Twilio (TWLO) backlog: remaining performance obligations

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

Data as of 7 Nov 2026.

Open the interactive Backlog view Twilio competitor analysis

Twilio reported $121M of remaining performance obligations at 30 Sep 2026, down 28% from a year earlier and down 13% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.
Net new backlog added in the latest quarter: -$17.3M.
74% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 129.9% of the backlog.
Twelve-month book-to-bill: 0.99, i.e. 0.99 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -47 points — revenue is catching up with orders.
By backlog size it ranks 418th among US filers the cockpit tracks.

Twilio 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	Customer prepayments
30 Sep 2026	$121M	$5.83B	$157M
30 Jun 2026	$138M	$5.57B	$153M
31 Mar 2026	$158M	$5.30B	$160M
31 Dec 2025	$175M	$5.07B	$159M
30 Sep 2025	$169M	$4.90B	$159M
30 Jun 2025	$159M	$4.73B	$148M
31 Mar 2025	$169M	$4.58B	$154M
31 Dec 2024	$182M	$4.46B	$156M
30 Sep 2024	$148M	$4.34B	$139M
30 Jun 2024	$153M	$4.24B	$139M
31 Mar 2024	$151M	$4.19B	$142M
31 Dec 2023	$144M	$4.15B	$144M

Questions

What is Twilio's backlog?: Twilio reported $121M of remaining performance obligations at 30 Sep 2026, down 28% from a year earlier and down 13% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.

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.