Adobe Deferred revenue, net of current portion decreased by 24.0% to $95.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 33.6%, from $143.00M to $95.00M. Over 5 years (FY 2020 to FY 2025), Deferred revenue, net of current portion shows relatively stable performance with a -0.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals strong long-term contract growth and future revenue stability, while a decrease may indicate slowing long-term bookings.
This represents revenue that has been billed or collected from customers for services to be delivered beyond the next tw...
Common in SaaS and subscription-based service models; peers in the HCM and payroll space report this to show contract duration.
non_current_liabilities_contract_with_customer_liability_a5d23a| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $139.00M | $142.00M | $145.00M | $125.00M | $123.00M | $114.00M | $117.00M | $120.00M | $116.00M | $108.00M | $113.00M | $135.00M | $128.00M | $127.00M | $128.00M | $143.00M | $114.00M | $149.00M | $125.00M | $95.00M |
| QoQ Change | — | +2.2% | +2.1% | -13.8% | -1.6% | -7.3% | +2.6% | +2.6% | -3.3% | -6.9% | +4.6% | +19.5% | -5.2% | -0.8% | +0.8% | +11.7% | -20.3% | +30.7% | -16.1% | -24.0% |
| YoY Change | — | — | — | — | -11.5% | -19.7% | -19.3% | -4.0% | -5.7% | -5.3% | -3.4% | +12.5% | +10.3% | +17.6% | +13.3% | +5.9% | -10.9% | +17.3% | -2.3% | -33.6% |