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The latest data point for WDAY shows that Current Contract Liabilities reached 4.3B USD in Q1'27. This represents a significant year-over-year increase compared to the 3.9B USD reported in Q1'26. From Q2'24 to Q1'27, the data exhibits a clear upward trend characterized by distinct seasonal peaks occurring in the fourth quarter of each fiscal year. Notably, the balance surged from 3.4B USD in Q2'24 to a high of 5.1B USD in Q4'26, reflecting strong consistent growth in deferred revenue and contractual obligations.