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Total Remaining Performance Obligations
Represents the value of contracted revenue yet to be recognized, providing insight into future revenue visibility and business stability.Zoom’s RPO has trended materially higher, reflecting success in winning upmarket, multiproduct and long‑duration deals; management ties this to AI adoption, ZCX momentum and enterprise displacements. That backlog boosts revenue visibility and underpins the raised guidance and aggressive buybacks, but the growing non‑current RPO increases timing concentration—expect quarter‑to‑quarter deferred‑revenue swings and sensitivity to NDR, FX and competitive pricing even as the larger backlog supports stronger margins and cash generation if execution continues.
Date | Remaining Performance Obligations |
|---|---|
Jun 30, 2026 | $4.54B |
Mar 31, 2026 | $4.30B |
Dec 31, 2025 | $4.18B |
Sep 30, 2025 | $4.02B |
Jun 30, 2025 | $3.98B |
Mar 31, 2025 | $3.88B |
Dec 31, 2024 | $3.80B |
Sep 30, 2024 | $3.74B |
Jun 30, 2024 | $3.78B |
Mar 31, 2024 | $3.67B |