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The latest data point for QCOM's Current Contract Liabilities in Q2'26 stands at $323M USD, reflecting a notable decline of approximately 29% from the previous quarter's peak of $458M in Q1'26. Over the period from Q3'23 to Q2'26, the liabilities exhibit a volatile trend with an overall upward trajectory, starting at $341M and reaching a high of $458M before the recent drop; significant fluctuations include a 22% decrease to $303M in Q1'24 followed by recoveries, such as a 41% rise to $429M in Q4'25, indicating variable contract performance and potential shifts in revenue recognition timing. This bar chart highlights periods of growth in FY24 and FY25, with Q4'25 marking the strongest quarter, though the Q2'26 dip suggests emerging caution in forward obligations.