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Remaining Performance Obligations
Represents contracted revenue that has not yet been recognized as GAAP revenue, including future subscription commitments and deferred fees, and therefore indicates near-term revenue visibility. A larger RPO signals more booked business ahead, while a decline or heavy weighting toward one‑time professional services can warn that future recognized revenue may be less predictable.RPO has grown materially, validating the company’s record bookings and ARR momentum and supporting management’s raised guidance; coupled with the completed cloud migration and a larger subscription mix, converted revenue should be higher‑margin. That said, many of the incremental contracts are large and implementation‑heavy, so recognition will be lumpy—monitor booking-to-revenue conversion, Q4 renewal concentration, and early monetization of AI/Helix products as the key determinants of whether that backlog translates into near‑term cash and EPS upside.
Date | Remaining Performance Obligations |
|---|---|
Jun 30, 2026 | $2.80B |
Mar 31, 2026 | $2.70B |
Dec 31, 2025 | $2.69B |
Sep 30, 2025 | $2.52B |
Jun 30, 2025 | $2.36B |
Mar 31, 2025 | $2.30B |
Dec 31, 2024 | $2.22B |
Sep 30, 2024 | $2.03B |
Jun 30, 2024 | $1.96B |
Mar 31, 2024 | $1.92B |