Adobe Contract with Customer, Liability increased by 4.8% to $7.37B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.6%, from $6.49B to $7.37B. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 13.3% CAGR.
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liability| 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 | $4.28B | $4.39B | $4.88B | $5.02B | $4.88B | $4.94B | $5.41B | $5.48B | $5.38B | $5.48B | $5.95B | $6.11B | $5.69B | $5.91B | $6.26B | $6.49B | $6.33B | $6.53B | $7.03B | $7.37B |
| QoQ Change | — | +2.6% | +11.2% | +2.9% | -2.8% | +1.2% | +9.5% | +1.3% | -1.8% | +1.9% | +8.6% | +2.7% | -6.9% | +3.9% | +5.9% | +3.7% | -2.5% | +3.2% | +7.7% | +4.8% |
| YoY Change | — | — | — | — | +14.0% | +12.5% | +10.9% | +9.2% | +10.2% | +10.9% | +10.0% | +11.5% | +5.8% | +7.8% | +5.2% | +6.2% | +11.2% | +10.5% | +12.3% | +13.6% |