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Total Remaining Performance Obligations
Represents the total value of contracted revenue yet to be recognized, indicating future revenue stability and demand for services.RPO has accelerated materially, with the biggest build in the past year providing pronounced forward revenue visibility that validates management’s much‑higher 2026 guidance and cash/margin targets. That strength reflects large commercial and government bookings and high net‑dollar retention, but conversion is not guaranteed: heavy U.S. concentration, appropriations timing and current capacity constraints mean revenue recognition could be lumpy. Treat RPO as strong demand evidence but watch execution (hiring, delivery capacity, international traction) for sustained upside.
Date | Remaining Performance Obligations |
|---|---|
Jun 30, 2026 | $4.90B |
Mar 31, 2026 | $4.45B |
Dec 31, 2025 | $4.08B |
Sep 30, 2025 | $2.60B |
Jun 30, 2025 | $2.42B |
Mar 31, 2025 | $1.90B |
Dec 31, 2024 | $1.73B |
Sep 30, 2024 | $1.57B |
Jun 30, 2024 | $1.37B |
Mar 31, 2024 | $1.30B |