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The latest data point for Current Contract Liabilities, as of Q4'25, stands at $5.19B USD, reflecting a sequential increase of approximately 4.7% from Q3'25's $4.91B and marking the highest value in the series. From Q1'23 to Q4'25, Current Contract Liabilities exhibited a robust upward trend, rising from $3.32B to $5.19B—a cumulative growth of about 56% over the 12-quarter period. Early quarters showed moderate fluctuations, with a slight dip in Q2'23 followed by steady recovery, but acceleration began in Q1'24, driven by consistent quarter-over-quarter gains averaging 6-8% in the latter half, underscoring expanding deferred revenue obligations for SE.