As of Q4'25 (2025-11-28), Adobe's current contract liabilities reached USD 6.91B, marking the highest value in the observed period. This latest figure reflects a continued upward trend in deferred revenue obligations, indicating robust customer prepayments and strong forward demand. From Q1'23 to Q4'25, current contract liabilities have generally increased from USD 5.48B to USD 6.91B, despite some fluctuations. Notable growth occurred between Q3'23 and Q1'24, and again from Q2'25 to Q4'25, with only minor declines in certain quarters. Overall, the bar chart demonstrates a positive trajectory, suggesting sustained growth in Adobe's contracted business over the nearly three-year period.