Q1 2021 Business Update
0
Financial Update 03
We ended Q1 2021 with $2.8 billion in total remaining deal value, up 40% year-over-year.
15
Deals worth $5 million or more
6
Deals worth $10 million or more
3.7 years
Average contract duration
4.6 years
Average contract duration
of commercial customers
Value of deals signed refers to total contract value that have been awarded by our government and commercial customers and includes existing contractual obligations and unexercised contract options available to those customers.
Dollar-weighted average contract duration represents the length of time we expect to generate revenue on average, including existing contractual obligations and assumes that our customers will exercise all of the contractual options available to them and
is subject to change as we enter into new contracts or if customers terminate for convenience. Dollar-weighted contract duration is calculated on a dollar-weighted basis to account for smaller deals.View entire presentation