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Zoom Communications (ZM) backlog: remaining performance obligations

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

Data as of .

Zoom Communications backlog history

$0$2B$4BOct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Oct 2025Apr 2026Jul 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
31 Jul 2026$4.54B$4.99B0.9 yrs$1.55B
30 Apr 2026$4.30B$4.93B0.9 yrs$1.48B
31 Jan 2026$4.18B$4.87B0.9 yrs$1.41B
31 Oct 2025$4.02B$4.81B0.8 yrs$1.43B
31 Jul 2025$3.98B$4.75B0.8 yrs$1.47B
30 Apr 2025$3.88B$4.70B0.8 yrs$1.41B
31 Jan 2025$3.80B$4.67B0.8 yrs$1.34B
31 Oct 2024$3.74B$4.63B0.8 yrs$1.36B
31 Jul 2024$3.78B$4.59B0.8 yrs$1.39B
30 Apr 2024$3.67B$4.56B0.8 yrs$1.34B
31 Jan 2024$3.57B$4.53B0.8 yrs$1.25B
31 Oct 2023$3.57B$4.50B0.8 yrs$1.30B

Questions

What is Zoom Communications's backlog?
Zoom Communications reported $4.54B of remaining performance obligations at 31 Jul 2026, up 14% from a year earlier and up 6% from the previous quarter. That is 0.9 years of trailing revenue already under contract. Book-to-bill last quarter: 1.19.
How fast does Zoom Communications's backlog turn into revenue?
Over the last twelve months Zoom Communications recognised revenue equal to about 121% 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.