Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 4.30 is 50% above its 5-year average of 2.87, near the high end of its 5-year range (1.61–5.05).
As of the fiscal period ended Tuesday, June 30, 2026. 27.59% above its 12-month average of 3.37.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
4.30
QUICK RATIO (ACID-TEST) AVG TTM
3.37
QUICK RATIO (ACID-TEST) AVG 3Y
2.59
QUICK RATIO (ACID-TEST) AVG 5Y
2.76
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+27.59%
CURRENT VS 3Y AVG
+65.88%
CURRENT VS 5Y AVG
+55.92%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.79
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
+140.24%
vs the sector median at left
AppLovin Corporation
Market Cap
$116.50B
Quick Ratio (Acid-Test)
4.30
TTM Avg
3.37
3Y Avg
2.59
5Y Avg
2.76
Market Cap
$117.13B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.24
3Y Avg
1.17
5Y Avg
1.26
Market Cap
$108.46B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
Market Cap
$106.58B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.42
3Y Avg
3.27
5Y Avg
4.64
Market Cap
$129.11B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.05
3Y Avg
1.07
5Y Avg
1.09
Market Cap
$93.42B
Quick Ratio (Acid-Test)
1.53
TTM Avg
2.71
3Y Avg
1.93
5Y Avg
1.85
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $116.50B | 4.30 | 3.37 | 2.59 | 2.76 |
| Fortinet, Inc. (FTNT)vs › | $117.13B | 1.19 | 1.24 | 1.17 | 1.26 |
| Snowflake Inc. (SNOW)vs › | $114.55B | N/A | 1.52 | 1.85 | 2.69 |
| Automatic Data Processing, Inc. (ADP)vs › | $108.46B | N/A | 0.61 | 0.80 | 0.88 |
| Accenture plc (ACN)vs › | $107.53B | N/A | 1.26 | 1.26 | 1.28 |
| Cloudflare, Inc. (NET)vs › | $106.58B | N/A | 2.42 | 3.27 | 4.64 |
| Adobe Inc. (ADBE)vs › | $105.42B | N/A | 1.04 | 1.13 | 1.15 |
| ServiceNow, Inc. (NOW)vs › | $129.11B | N/A | 1.05 | 1.07 | 1.09 |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.42B | 1.53 | 2.71 | 1.93 | 1.85 |
| Corning Inc (GLW)vs › | $142.72B | 1.24 | 1.06 | 1.01 | 1.10 |
Quick Ratio
4.30
Excludes inventory
Current Ratio
4.30
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 4.30 |
| 2026-03-31 | 3.24 |
| 2025-12-31 | 3.32 |
| 2025-09-30 | 3.25 |
| 2025-06-30 | 2.74 |
| 2025-03-31 | 1.68 |
| 2024-12-31 | 2.19 |
| 2024-09-30 | 2.41 |
| 2024-06-30 | 2.28 |
| 2024-03-31 | 2.11 |
| 2023-12-31 | 1.71 |
| 2023-09-30 | 1.61 |
| 2023-06-30 | 2.87 |
| 2023-03-31 | 3.31 |
| 2022-12-31 | 3.35 |
| 2022-09-30 | 3.36 |
| 2022-06-30 | 2.82 |
| 2022-03-31 | 2.93 |
| 2021-12-31 | 5.05 |
| 2021-09-30 | 2.85 |
| 2021-06-30 | 2.85 |
| 2021-03-31 | 2.43 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
