Issue:
I am working in AdobeRGB and have a smart object (B) with a displace effect on it. When I update the displace effect, everything works as expected, but when I wrap it into an new smart object (A) and save this one the displacement is gone. I think it has something to do with the color space, because when I tried it in sRGB it worked.
- Photoshop version: 26.1.0
- OS: 15.0.1
Steps to reproduce:
- Create a smart object with a displace effect on it

- Open smart object and save it

- The displacement is gone.

Expected result: The displacement keeps working when I update the smart object.
Actual result: The displacement disappears after updating the smart object.