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Wendy's (WEN) backlog: remaining performance obligations

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

Data as of .

Wendy's backlog history

$0$1B$2Ban 2023ul 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 2026Backlog (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
27 Sep 2026$89.2M$2.20B0.0 yrs$89.2M
28 Jun 2026$90.7M$2.20B0.0 yrs$90.7M
29 Mar 2026$94.2M$2.19B0.0 yrs$94.2M
28 Dec 2025$98.5M$2.18B0.0 yrs$98.5M
28 Sep 2025$99.5M$2.21B0.0 yrs$99.5M
29 Jun 2025$99.4M$2.23B0.0 yrs$99.4M
30 Mar 2025$99.0M$2.24B0.0 yrs$99.0M
29 Dec 2024$99.4M$2.25B0.0 yrs$99.4M
29 Sep 2024$101M$2.21B0.0 yrs$101M
30 Jun 2024$100M$2.20B0.0 yrs$100M
31 Mar 2024$100M$2.19B0.0 yrs$100M
31 Dec 2023$101M$2.18B0.0 yrs$101M

Questions

What is Wendy's's backlog?
Wendy's reported $89.2M of remaining performance obligations at 27 Sep 2026, down 10% from a year earlier and down 2% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

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.