Unity Software reported $597M of remaining performance obligations at 30 Sep 2026, up 35% from a year earlier and up 18% from the previous quarter. That is 0.3 years of trailing revenue already under contract. Book-to-bill last quarter: 1.15.
Net new backlog added in the latest quarter: $92.0M.
Over the last twelve months it turned about 444% 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 41.7% of the backlog.
Twelve-month book-to-bill: 1.07, i.e. 1.07 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +15 points — orders are running ahead of revenue.
By backlog size it ranks 294th among US filers the cockpit tracks.
Unity Software 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
$597M
$2.18B
0.3 yrs
$249M
30 Jun 2026
$505M
$2.03B
0.2 yrs
$237M
31 Mar 2026
$526M
$1.92B
0.3 yrs
$230M
31 Dec 2025
$494M
$1.85B
0.3 yrs
$224M
30 Sep 2025
$441M
$1.80B
0.2 yrs
$226M
30 Jun 2025
$400M
$1.78B
0.2 yrs
$219M
31 Mar 2025
$309M
$1.79B
0.2 yrs
$188M
31 Dec 2024
$334M
$1.81B
0.2 yrs
$186M
30 Sep 2024
$327M
$1.97B
0.2 yrs
$190M
30 Jun 2024
$352M
$2.06B
0.2 yrs
$176M
31 Mar 2024
$357M
$2.15B
0.2 yrs
$170M
31 Dec 2023
$384M
$2.19B
0.2 yrs
$187M
Questions
What is Unity Software's backlog?
Unity Software reported $597M of remaining performance obligations at 30 Sep 2026, up 35% from a year earlier and up 18% from the previous quarter. That is 0.3 years of trailing revenue already under contract. Book-to-bill last quarter: 1.15.
How fast does Unity Software's backlog turn into revenue?
Over the last twelve months Unity Software recognised revenue equal to about 444% 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.