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For the latest fiscal period Q3'26, Zscaler's Current Contract Liabilities reached 2.1B USD. This represents a sequential decrease compared to the 2.36B USD reported in Q2'26. The chart shows an overall upward trajectory from Q4'23 to Q4'25, with liabilities growing from 1.44B USD to a peak of 2.47B USD. However, the trend indicates notable seasonality, with significant spikes typically occurring in the Q4 periods followed by moderate pullbacks or stabilization in the subsequent Q1 and Q3 periods. Despite the recent decline in Q3'26, the long-term trend reflects a substantial expansion in contract obligations over the analyzed period.