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 1.17 is 21% below its 5-year average of 1.48, near the low end of its 5-year range (1.12–4.05).
As of the fiscal period ended Tuesday, June 30, 2026. 6.13% below its 12-month average of 1.25.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.17.
QUICK RATIO (ACID-TEST)
1.17
QUICK RATIO (ACID-TEST) AVG TTM
1.25
QUICK RATIO (ACID-TEST) AVG 3Y
1.40
QUICK RATIO (ACID-TEST) AVG 5Y
1.48
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
-6.13%
CURRENT VS 3Y AVG
-16.31%
CURRENT VS 5Y AVG
-20.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.62
median of 229 covered companies
CURRENT VS SECTOR MEDIAN
-27.78%
vs the sector median at left
Procore Technologies, Inc.
Market Cap
$7.69B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.25
3Y Avg
1.40
5Y Avg
1.48
Market Cap
$7.74B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.11
3Y Avg
1.11
5Y Avg
1.10
Market Cap
$7.36B
Quick Ratio (Acid-Test)
2.33
TTM Avg
2.44
3Y Avg
2.87
5Y Avg
3.11
Market Cap
$7.35B
Quick Ratio (Acid-Test)
4.41
TTM Avg
4.02
3Y Avg
4.14
5Y Avg
4.60
Market Cap
$7.31B
Quick Ratio (Acid-Test)
4.01
TTM Avg
2.39
3Y Avg
1.48
5Y Avg
2.00
Market Cap
$8.16B
Quick Ratio (Acid-Test)
2.38
TTM Avg
2.34
3Y Avg
2.07
5Y Avg
1.92
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Procore Technologies, Inc. (PCOR) | $7.69B | 1.17 | 1.25 | 1.40 | 1.48 |
| Camtek Ltd. (CAMT)vs › | $7.71B | 6.58 | 5.71 | 5.43 | 5.12 |
| Paylocity Holding Corporation (PCTY)vs › | $7.74B | 1.09 | 1.11 | 1.11 | 1.10 |
| Allegro MicroSystems, Inc. (ALGM)vs › | $7.36B | 2.33 | 2.44 | 2.87 | 3.11 |
| Silicon Laboratories Inc. (SLAB)vs › | $7.35B | 4.41 | 4.02 | 4.14 | 4.60 |
| Plexus Corp. (PLXS)vs › | $7.31B | 0.72 | 0.74 | 0.67 | 0.76 |
| Applied Digital Corp. (APLD)vs › | $7.31B | 4.01 | 2.39 | 1.48 | 2.00 |
| AppFolio Inc. (APPF)vs › | $7.25B | 3.83 | 4.25 | 3.92 | 3.78 |
| Zeta Global Holdings Corp. (ZETA)vs › | $8.16B | 2.38 | 2.34 | 2.07 | 1.92 |
| UiPath Inc. (PATH)vs › | $6.98B | 2.39 | 2.71 | 3.20 | 3.19 |
Quick Ratio
1.17
Excludes inventory
Current Ratio
1.17
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 | 1.17 |
| 2026-03-31 | 1.12 |
| 2025-12-31 | 1.32 |
| 2025-09-30 | 1.33 |
| 2025-06-30 | 1.29 |
| 2025-03-31 | 1.19 |
| 2024-12-31 | 1.51 |
| 2024-09-30 | 1.57 |
| 2024-06-30 | 1.55 |
| 2024-03-31 | 1.60 |
| 2023-12-31 | 1.49 |
| 2023-09-30 | 1.50 |
| 2023-06-30 | 1.53 |
| 2023-03-31 | 1.51 |
| 2022-12-31 | 1.50 |
| 2022-09-30 | 1.60 |
| 2022-06-30 | 1.71 |
| 2022-03-31 | 1.78 |
| 2021-12-31 | 1.86 |
| 2021-09-30 | 3.74 |
| 2021-06-30 | 4.05 |
| 2021-03-31 | 1.86 |
| 2020-12-31 | 1.86 |
| 2020-09-30 | 1.86 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.89 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
