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 3.27 is in line with its 5-year average of 2.98, around the middle of its 5-year range (2.31–4.21).
As of the fiscal period ended Sunday, July 5, 2026. 6.68% above its 12-month average of 3.07.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-07-05): 3.27.
QUICK RATIO (ACID-TEST)
3.27
QUICK RATIO (ACID-TEST) AVG TTM
3.07
QUICK RATIO (ACID-TEST) AVG 3Y
2.90
QUICK RATIO (ACID-TEST) AVG 5Y
2.98
QUICK RATIO (ACID-TEST) AVG 10Y
4.35
QUICK RATIO (ACID-TEST) AVG 15Y
4.61
QUICK RATIO (ACID-TEST) AVG 20Y
4.79
CURRENT VS TTM AVG
+6.68%
CURRENT VS 3Y AVG
+12.70%
CURRENT VS 5Y AVG
+9.87%
CURRENT VS 10Y AVG
-24.69%
CURRENT VS 15Y AVG
-28.99%
CURRENT VS 20Y AVG
-31.62%
SECTOR MEDIAN · TECHNOLOGY
1.69
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
+94.24%
vs the sector median at left
Cognex Corporation
Market Cap
$10.81B
Quick Ratio (Acid-Test)
3.27
TTM Avg
3.07
3Y Avg
2.90
5Y Avg
2.98
Market Cap
$10.74B
Quick Ratio (Acid-Test)
2.28
TTM Avg
2.89
3Y Avg
3.44
5Y Avg
3.77
Market Cap
$10.65B
Quick Ratio (Acid-Test)
137.30
TTM Avg
3.98
3Y Avg
4.47
5Y Avg
4.47
Market Cap
$10.21B
Quick Ratio (Acid-Test)
2.13
TTM Avg
1.58
3Y Avg
1.27
5Y Avg
1.16
Market Cap
$10.29B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.22
3Y Avg
1.18
5Y Avg
1.17
Market Cap
$10.21B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.55
3Y Avg
0.58
5Y Avg
0.68
Market Cap
$11.27B
Quick Ratio (Acid-Test)
11.38
TTM Avg
11.90
3Y Avg
12.06
5Y Avg
13.23
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognex Corporation (CGNX) | $10.81B | 3.27 | 3.07 | 2.90 | 2.98 |
| Maplebear Inc. (CART)vs › | $10.74B | 2.28 | 2.89 | 3.44 | 3.77 |
| Chime Financial, Inc. Class A Common Stock (CHYM)vs › | $10.65B | 137.30 | 3.98 | 4.47 | 4.47 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $10.21B | 2.13 | 1.58 | 1.27 | 1.16 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $10.29B | 1.17 | 1.22 | 1.18 | 1.17 |
| HubSpot, Inc. (HUBS)vs › | $11.29B | 1.38 | 1.67 | 1.91 | 2.21 |
| Bentley Systems, Incorporated (BSY)vs › | $10.21B | 0.59 | 0.55 | 0.58 | 0.68 |
| Elastic N.V. (ESTC)vs › | $10.19B | 1.81 | 1.75 | 1.76 | 1.74 |
| Aurora Innovation, Inc. (AUR)vs › | $11.27B | 11.38 | 11.90 | 12.06 | 13.23 |
| FormFactor, Inc. (FORM)vs › | $11.43B | 3.34 | 3.71 | 3.32 | 3.10 |
Quick Ratio
3.27
Excludes inventory
Current Ratio
3.93
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) |
|---|---|
| 2026-07-05 | 3.27 |
| 2026-04-05 | 2.84 |
| 2025-12-31 | 3.05 |
| 2025-09-28 | 3.11 |
| 2025-06-29 | 2.53 |
| 2025-03-30 | 2.31 |
| 2024-12-31 | 2.69 |
| 2024-09-29 | 3.03 |
| 2024-06-30 | 3.10 |
| 2024-03-31 | 2.61 |
| 2023-12-31 | 3.40 |
| 2023-10-01 | 4.20 |
| 2023-07-02 | 3.28 |
| 2023-04-02 | 2.78 |
| 2022-12-31 | 3.17 |
| 2022-10-02 | 4.21 |
| 2022-07-03 | 3.32 |
| 2022-04-03 | 2.75 |
| 2021-12-31 | 2.79 |
| 2021-10-03 | 3.58 |
| 2021-07-04 | 3.05 |
| 2021-04-04 | 3.53 |
| 2020-12-31 | 4.09 |
| 2020-09-27 | 4.12 |
| 2020-06-28 | 4.11 |
| 2020-03-29 | 3.59 |
| 2019-12-31 | 4.54 |
| 2019-09-29 | 6.90 |
| 2019-06-30 | 7.07 |
| 2019-03-31 | 7.46 |
| 2018-12-31 | 7.63 |
| 2018-09-30 | 6.34 |
| 2018-07-01 | 5.38 |
| 2018-04-01 | 5.08 |
| 2017-12-31 | 4.99 |
| 2017-10-01 | 5.45 |
| 2017-07-02 | 6.17 |
| 2017-04-02 | 7.43 |
| 2016-12-31 | 7.59 |
| 2016-10-02 | 7.29 |
| 2016-07-03 | 6.65 |
| 2016-04-03 | 8.42 |
| 2015-12-31 | 7.58 |
| 2015-10-04 | 6.58 |
| 2015-07-05 | 5.60 |
| 2015-04-05 | 3.91 |
| 2014-12-31 | 2.93 |
| 2014-09-28 | 2.89 |
| 2014-06-29 | 3.20 |
| 2014-03-30 | 3.07 |
| 2013-12-31 | 5.02 |
| 2013-09-29 | 5.76 |
| 2013-06-30 | 5.10 |
| 2013-03-31 | 4.90 |
| 2012-12-31 | 4.26 |
| 2012-09-30 | 4.35 |
| 2012-07-01 | 6.88 |
| 2012-04-01 | 6.22 |
| 2011-12-31 | 4.75 |
| 2011-10-02 | 4.65 |
| 2011-07-03 | 5.56 |
| 2011-04-03 | 5.15 |
| 2010-12-31 | 4.71 |
| 2010-10-03 | 3.93 |
| 2010-07-04 | 3.81 |
| 2010-04-04 | 5.45 |
| 2009-12-31 | 6.01 |
| 2009-10-04 | 7.23 |
| 2009-07-05 | 6.43 |
| 2009-04-05 | 5.69 |
| 2008-12-31 | 4.69 |
| 2008-09-28 | 5.02 |
| 2008-06-29 | 5.64 |
| 2008-03-30 | 5.94 |
| 2007-12-31 | 6.39 |
| 2007-09-30 | 4.37 |
| 2007-07-01 | 4.38 |
| 2007-04-01 | 5.59 |
| 2006-12-31 | 6.08 |
| 2006-10-01 | 4.29 |
| 2006-07-02 | 4.33 |
| 2006-04-02 | 5.27 |
| 2005-12-31 | 5.30 |
| 2005-10-02 | 4.99 |
| 2005-07-03 | 4.40 |
| 2005-04-03 | 5.54 |
| 2004-12-31 | 4.15 |
| 2004-10-03 | 5.07 |
| 2004-07-04 | 6.00 |
| 2004-04-04 | 5.10 |
| 2003-12-31 | 3.85 |
| 2003-09-28 | 4.13 |
| 2003-06-29 | 4.08 |
| 2003-03-30 | 4.90 |
| 2002-12-31 | 5.64 |
| 2002-09-29 | 5.89 |