Software License Sales & SaaS — Remaining performance obligation
State Street Software License Sales & SaaS — Remaining performance obligation decreased by 0.5% to $2.06B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.2%, from $2.32B to $2.06B. Over 2 years (FY 2023 to FY 2025), Software License Sales & SaaS — Remaining performance obligation shows an upward trend with a 20.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates strong sales momentum and a growing pipeline of committed future revenue, whereas a decrease could signal slowing demand or the completion of large multi-year contracts.
Detailed definition
This metric measures the total transaction price allocated to performance obligations that are unsatisfied or partially...
Peer comparison
Standard metric across SaaS and technology service providers, often referred to as RPO or backlog in financial disclosures.
stt_segment_software_license_sales_saas_remaining_performance_obligationHistorical Data
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.40B | $1.50B | $1.50B | $1.50B | $1.52B | $1.53B | $1.71B | $1.73B | $1.87B | $2.32B | $2.19B | $2.11B | $2.07B | $2.06B |
| QoQ Change | — | +7.1% | +0.0% | +0.0% | +1.3% | +0.7% | +11.8% | +1.2% | +8.1% | +24.1% | -5.6% | -3.7% | -1.9% | -0.5% |
| YoY Change | — | — | — | — | +8.6% | +2.0% | +14.0% | +15.3% | +23.0% | +51.6% | +28.1% | +22.0% | +10.7% | -11.2% |
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Frequently Asked Questions
- What is State Street's software license sales & saas — remaining performance obligation?
- State Street (STT) reported software license sales & saas — remaining performance obligation of $2.06B in Q1 2026.
- How has State Street's software license sales & saas — remaining performance obligation changed year-over-year?
- State Street's software license sales & saas — remaining performance obligation decreased by 11.2% year-over-year, from $2.32B to $2.06B.
- What is the long-term trend for State Street's software license sales & saas — remaining performance obligation?
- Over 2 years (2023 to 2025), State Street's software license sales & saas — remaining performance obligation has grown at a 20.1% compound annual growth rate (CAGR), from $6.02B to $8.69B.
- What does software license sales & saas — remaining performance obligation mean?
- The total value of contracted software and SaaS services that have not yet been delivered or recognized as revenue.