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 3.83 is in line with its 5-year average of 3.66, around the middle of its 5-year range (2.65–6.20).
As of the fiscal period ended Tuesday, June 30, 2026. 16.18% above its 12-month average of 3.30.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.83
QUICK RATIO (ACID-TEST) AVG TTM
3.30
QUICK RATIO (ACID-TEST) AVG 3Y
4.12
QUICK RATIO (ACID-TEST) AVG 5Y
3.66
QUICK RATIO (ACID-TEST) AVG 10Y
3.08
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+16.18%
CURRENT VS 3Y AVG
-7.00%
CURRENT VS 5Y AVG
+4.59%
CURRENT VS 10Y AVG
+24.27%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.67
median of 104 covered companies
CURRENT VS SECTOR MEDIAN
+129.40%
vs the sector median at left
Market Cap
$8.47B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.11
3Y Avg
1.11
5Y Avg
1.10
Market Cap
$8.56B
Quick Ratio (Acid-Test)
1.13
TTM Avg
2.26
3Y Avg
2.49
5Y Avg
2.58
Market Cap
$8.59B
Quick Ratio (Acid-Test)
3.34
TTM Avg
3.71
3Y Avg
3.32
5Y Avg
3.10
Market Cap
$8.64B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.77
3Y Avg
2.46
5Y Avg
2.69
Market Cap
$7.90B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.39
3Y Avg
1.48
5Y Avg
2.00
Market Cap
$7.56B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.34
3Y Avg
2.07
5Y Avg
1.92
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppFolio Inc. (APPF) | $8.29B | 3.83 | 3.30 | 4.12 | 3.66 |
| Paylocity Holding Corporation (PCTY)vs › | $8.47B | N/A | 1.11 | 1.11 | 1.10 |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.56B | 1.13 | 2.26 | 2.49 | 2.58 |
| FormFactor, Inc. (FORM)vs › | $8.59B | 3.34 | 3.71 | 3.32 | 3.10 |
| InterDigital, Inc. (IDCC)vs › | $8.64B | N/A | 1.77 | 2.46 | 2.69 |
| Applied Digital Corp. (APLD)vs › | $7.90B | N/A | 2.39 | 1.48 | 2.00 |
| SentinelOne, Inc. (S)vs › | $7.65B | N/A | 1.56 | 1.80 | 2.84 |
| GitLab Inc. (GTLB)vs › | $7.57B | N/A | 2.50 | 2.60 | 2.89 |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.56B | N/A | 2.34 | 2.07 | 1.92 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $9.09B | 2.13 | 1.58 | 1.27 | 1.16 |
Quick Ratio
3.83
Excludes inventory
Current Ratio
3.83
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 | 3.83 |
| 2026-03-31 | 3.52 |
| 2025-12-31 | 3.20 |
| 2025-09-30 | 3.01 |
| 2025-06-30 | 2.92 |
| 2025-03-31 | 4.64 |
| 2024-12-31 | 5.30 |
| 2024-09-30 | 6.20 |
| 2024-06-30 | 5.51 |
| 2024-03-31 | 5.47 |
| 2023-12-31 | 3.90 |
| 2023-09-30 | 3.24 |
| 2023-06-30 | 2.80 |
| 2023-03-31 | 2.65 |
| 2022-12-31 | 3.28 |
| 2022-09-30 | 3.06 |
| 2022-06-30 | 2.86 |
| 2022-03-31 | 3.14 |
| 2021-12-31 | 3.01 |
| 2021-09-30 | 4.01 |
| 2021-06-30 | 3.89 |
| 2021-03-31 | 4.22 |
| 2020-12-31 | 4.00 |
| 2020-09-30 | 3.59 |
| 2020-06-30 | 2.17 |
| 2020-03-31 | 2.40 |
| 2019-12-31 | 1.30 |
| 2019-09-30 | 1.53 |
| 2019-06-30 | 1.53 |
| 2019-03-31 | 1.51 |
| 2018-12-31 | 3.83 |
| 2018-09-30 | 2.98 |
| 2018-06-30 | 2.94 |
| 2018-03-31 | 2.73 |
| 2017-12-31 | 2.25 |
| 2017-09-30 | 2.14 |
| 2017-06-30 | 1.74 |
| 2017-03-31 | 1.64 |
| 2016-12-31 | 1.51 |
| 2016-09-30 | 1.37 |
| 2016-06-30 | 1.54 |
| 2016-03-31 | 1.59 |
| 2015-12-31 | 1.63 |
| 2015-09-30 | 2.59 |
| 2015-06-30 | 4.11 |
| 2015-03-31 | 0.87 |
| 2014-12-31 | 0.58 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
