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Current Remaining Performance Obligations
Represents the portion of remaining performance obligations expected to be recognized as revenue in the near term (typically the next 12 months), providing clear short-term revenue visibility. An increasing current RPO supports confidence in next year’s revenue, while declines can signal near-term slowdown.Current RPO has climbed steadily with clear year‑end step‑ups, signaling stronger forward revenue visibility driven by large‑deal momentum and fast AI monetization—this aligns with management’s reported CRPO strength and current RPO figures. That backlog underpins the modest guidance raise, but caveats matter: management said part of the beat was timing-related (on‑prem pull‑forward) and faster AI/hyperscaler consumption will squeeze near‑term gross margins and cash conversion, so booked revenue growth may not translate immediately into proportional margin or FCF expansion.
Date | Current Remaining Performance Obligations |
|---|---|
Jun 30, 2026 | $13.20B |
Mar 31, 2026 | $12.64B |
Dec 31, 2025 | $12.85B |
Sep 30, 2025 | $11.35B |
Jun 30, 2025 | $10.92B |
Mar 31, 2025 | $10.31B |
Dec 31, 2024 | $10.27B |
Sep 30, 2024 | $9.36B |
Jun 30, 2024 | $8.78B |
Mar 31, 2024 | $8.45B |