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 10.66 is 22% below its 5-year average of 13.71, near the low end of its 5-year range (3.88–54.65).
As of the fiscal period ended Tuesday, June 30, 2026. 3.24% below its 12-month average of 11.02.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 10.66.
QUICK RATIO (ACID-TEST)
10.66
QUICK RATIO (ACID-TEST) AVG TTM
11.02
QUICK RATIO (ACID-TEST) AVG 3Y
11.86
QUICK RATIO (ACID-TEST) AVG 5Y
13.71
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
-3.24%
CURRENT VS 3Y AVG
-10.09%
CURRENT VS 5Y AVG
-22.25%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+570.43%
vs the sector median at left
IonQ, Inc.
Market Cap
$16.36B
Quick Ratio (Acid-Test)
10.66
TTM Avg
11.02
3Y Avg
11.86
5Y Avg
13.71
Market Cap
$16.37B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.17
3Y Avg
1.16
5Y Avg
1.17
Market Cap
$16.56B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.74
3Y Avg
0.99
5Y Avg
0.98
Market Cap
$17.01B
Quick Ratio (Acid-Test)
0.53
TTM Avg
0.72
3Y Avg
0.74
5Y Avg
0.75
Market Cap
$17.21B
Quick Ratio (Acid-Test)
3.73
TTM Avg
5.12
3Y Avg
5.11
5Y Avg
5.31
Market Cap
$15.46B
Quick Ratio (Acid-Test)
1.64
TTM Avg
1.76
3Y Avg
2.02
5Y Avg
2.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IonQ, Inc. (IONQ) | $16.36B | 10.66 | 11.02 | 11.86 | 13.71 |
| CDW Corporation (CDW)vs › | $16.37B | 1.05 | 1.17 | 1.16 | 1.17 |
| PTC Inc. (PTC)vs › | $16.16B | 1.03 | 0.95 | 1.00 | 1.10 |
| Fortive Corporation (FTV)vs › | $16.56B | 1.00 | 0.74 | 0.99 | 0.98 |
| Toast, Inc. (TOST)vs › | $16.88B | 2.20 | 2.42 | 2.35 | 3.01 |
| Dynatrace, Inc. (DT)vs › | $16.84B | 1.21 | 1.38 | 1.28 | 1.21 |
| Fidelity National Information Services, Inc. (FIS)vs › | $17.01B | 0.53 | 0.72 | 0.74 | 0.75 |
| BE Semiconductor Industries N.V. (BESIY)vs › | $17.21B | 3.73 | 5.12 | 5.11 | 5.31 |
| Akamai Technologies, Inc. (AKAM)vs › | $15.46B | 1.64 | 1.76 | 2.02 | 2.18 |
| Leidos Holdings, Inc. (LDOS)vs › | $15.42B | 1.60 | 1.35 | 1.32 | 1.17 |
Quick Ratio
10.66
Excludes inventory
Current Ratio
10.66
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 | 10.66 |
| 2026-03-31 | 13.62 |
| 2025-12-31 | 15.16 |
| 2025-09-30 | 8.31 |
| 2025-06-30 | 7.33 |
| 2025-03-31 | 12.67 |
| 2024-12-31 | 9.98 |
| 2024-09-30 | 11.68 |
| 2024-06-30 | 12.53 |
| 2024-03-31 | 11.34 |
| 2023-12-31 | 10.16 |
| 2023-09-30 | 14.12 |
| 2023-06-30 | 16.56 |
| 2023-03-31 | 19.29 |
| 2022-12-31 | 18.18 |
| 2022-09-30 | 21.22 |
| 2022-06-30 | 30.11 |
| 2022-03-31 | 37.09 |
| 2021-12-31 | 54.65 |
| 2021-09-30 | 53.98 |
| 2021-06-30 | 3.88 |
| 2021-03-31 | 6.50 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |