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Remaining Performance Obligations
Indicates the total value of contracted revenue yet to be recognized, highlighting future revenue streams and financial stability.Remaining performance obligations have roughly doubled since 2023, creating a materially larger booked revenue backlog that underpins management’s near‑term revenue visibility and buyback/deleveraging plans. However, ARR growth remains modest and the company disclosed SaaS billing cleanup, an isolated churn event, and heavy acquisition-driven bookings (ShareFile), so much of the RPO lift may reflect upfront/contract timing and integration effects rather than broad organic subscription expansion—watch conversion rates to recognized revenue and NRR for true sustainability.
Date | Remaining Performance Obligations |
|---|---|
May 31, 2026 | $518.90M |
Feb 28, 2026 | $527.50M |
Nov 30, 2025 | $536.30M |
Aug 31, 2025 | $592.30M |
May 31, 2025 | $497.50M |
Feb 28, 2025 | $478.30M |
Nov 30, 2024 | $488.50M |
Aug 31, 2024 | $346.00M |
May 31, 2024 | $344.00M |
Feb 28, 2024 | $348.00M |