Other
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied
Fortinet Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied increased by 10.9% to $7.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.8%, from $6.49B to $7.45B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2025
How to read this metric
A growing backlog indicates strong future demand and revenue visibility, while a shrinking backlog may signal a slowdown in new contract wins.
Detailed definition
This represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsat...
Peer comparison
Highly relevant for companies with long-term government or industrial contracts; a key indicator of competitive market position.
Metric ID:
other_revenue_remaining_performance_obligationHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.38B | $1.38B | $1.77B | $1.92B | $2.06B | $2.42B | $2.55B | $2.64B | $5.81B | $5.92B | $6.08B | $6.49B | $6.64B | $6.72B | $7.45B |
| QoQ Change | — | +0.0% | +28.3% | +8.5% | +7.3% | +17.5% | +5.4% | +3.5% | +120.1% | +1.9% | +2.7% | +6.7% | +2.3% | +1.2% | +10.9% |
| YoY Change | — | — | — | +39.1% | +49.3% | +36.7% | +32.8% | +28.2% | +140.1% | +132.2% | +130.3% | +11.7% | +12.2% | +10.5% | +14.8% |
Range$1.38B – $7.45B
CAGR+61.9%
Avg YoY Growth+53.2%
Median YoY Growth+34.8%
Current Streak14+ quarters growth
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied at Other Companies
Frequently Asked Questions
- What is Fortinet's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied?
- Fortinet (FTNT) reported remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied of $7.45B in Q1 2026.
- How has Fortinet's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied changed year-over-year?
- Fortinet's remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied increased by 14.8% year-over-year, from $6.49B to $7.45B.
- What does remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied mean?
- The total value of signed contracts that the company has yet to fulfill or deliver.