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As of Q4'25, ServiceNow's current contract liabilities reached USD 8.31B, marking the highest value in the observed period. This latest data point reflects a substantial increase from the previous quarter (Q3'25), which stood at USD 6.46B. Analyzing the period from Q1'23 to Q4'25, the chart shows a generally upward trend in current contract liabilities, with notable spikes at each Q4—USD 5.87B in Q4'23, USD 6.91B in Q4'24, and USD 8.31B in Q4'25. While there are moderate declines or plateaus in some quarters, the overall pattern indicates strong year-end growth, suggesting seasonal or cyclical factors driving higher contract liabilities at the close of each fiscal year.