SRSEC Reporting Desk

AMDOCS LTD (DOX) – SEC staff letter

2026-03-10 · Re: Amdocs Limited Form 20-F for the Fiscal Year Ended September 30, 2025 · Accession 0000000000-26-002448 · 3 staff comment(s) issued

Company response(s): 2026-03-23

ASC 606: Revenue RecognitionSegment Reporting (ASC 280)KPIs, Metrics & Earnings CallsExhibits, Certifications & SignaturesBusiness Description (Item 101)Funds & BDCs (ASC 946, N-CSR)

2026-03-10 · Amdocs Limited Form 20-F for the Fiscal Year Ended September 30, 2025 · Comment 1 · Operating and Financial Review and Prospects, page 27 Agreed to revise
Staff comment: We note you quantify and discuss managed service backlog and renewals in your earnings releases and investor presentations. In addition, in Exhibit 99.1 of the Form 6-K furnished on December 16, 2025, you refer to near 100% renewal rates as one of your strategic pillars and include 12-month backlog in your list of key financial highlights. Please tell us whether these metrics are key performance indicators used in managing your business and if so, revise to include a quantified discussion of these metrics for each period presented. Refer to SEC Release No. 33-10751. letter →
Company response: The Company respectfully acknowledges the Staff’s comment and confirms that future annual reports on Form 20-F, including our Annual Report on Form 20-F for the fiscal year ending September 30, 2026, will present managed service renewal rates and 12-month backlog as key performance indicators (until and unless we conclude in the future that such metrics are no longer key performance indicators for our business and cease disclosing them). For the Staff’s reference, here is a markup of the relevant language we expect to include in our future filings (with this language reflecting what would have been included in the Annual Report): Revenue from managed services arrangements is a significant… response letter →
KPIs, Metrics & Earnings CallsExhibits, Certifications & SignaturesBusiness Description (Item 101)Funds & BDCs (ASC 946, N-CSR)
2026-03-10 · Amdocs Limited Form 20-F for the Fiscal Year Ended September 30, 2025 · Comment 2 · Remaining Performance Obligations from Contracts with Customers, page F-19 Agreed to revise
Staff comment: We note your disclosure where you state given the profile of contract terms, the majority of the $6.4 billion of remaining performance obligations at September 30, 2025, are expected to be recognized as revenue over the next three years. Please revise to disclose when you expect to recognize such amounts as revenue on a quantitative basis using time bands that would be most appropriate for the duration of the remaining performance obligations (e.g. within one year, within two years, within three years and three years and beyond), or by providing qualitative information. Refer to ASC 606-10-50-13. letter →
Company response: The Company respectfully acknowledges the Staff’s comment and confirms that future annual reports on Form 20-F, including our Annual Report on Form 20-F for the fiscal year ending September 30, 2026, will disclose when we expect to recognize remaining performance obligations as revenue on a quantitative basis using time bands that would be most appropriate for the duration of the remaining performance obligations. A portion of the Company’s revenue relates to projects for which revenue is recognized over time based on a percentage that incurred labor effort to date bears to total projected labor effort. These projects may be executed over periods longer than one year, and the timing of… response letter →
ASC 606: Revenue Recognition
2026-03-10 · Amdocs Limited Form 20-F for the Fiscal Year Ended September 30, 2025 · Comment 3 · Note 22. Segment Information and Revenue from Significant Customers, page F-34 Agreed to revise
Staff comment: You state the CODM evaluates the company's operating results on a consolidated net income basis. Please revise to discuss how the CODM uses this measure in assessing segment performance and deciding how to allocate resources. Refer to ASC 280-10-50- 29(f) and the example at ASC 280-10-55-54(c). letter →
Company response: The Company respectfully acknowledges the Staff’s comment and confirms that future annual reports on Form 20-F, including our Annual Report on Form 20-F for the fiscal year ending September 30, 2026, will disclose how the CODM uses operating results on a consolidated net income basis to measure segment performance and how to allocate resources. For the Staff’s reference, below is a markup of the relevant language we expect to include in our future filings (with this language reflecting what would have been included in the Annual Report): Segment Information and Revenue from Significant Customers The Company manages its operations as one operating segment, providing software products and… response letter →
Segment Reporting (ASC 280)

Full letter on EDGAR → · Filing index · All AMDOCS LTD (DOX) correspondence

ASC 606: Revenue Recognition – what to check: Confirm each performance obligation, timing (point vs. over time) and significant judgments are disaggregated and explained, not boilerplate ASC 606 language.

Segment Reporting (ASC 280) – what to check: Check ASU 2023-07 significant segment expense disclosure, CODM identification, and that MD&A segment discussion matches the ASC 280 note.

KPIs, Metrics & Earnings Calls – what to check:

Exhibits, Certifications & Signatures – what to check:

Business Description (Item 101) – what to check:

Funds & BDCs (ASC 946, N-CSR) – what to check:

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