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 20.42 is 140% above its 5-year average of 8.51, around the middle of its 5-year range (0.02–54.49).
As of the fiscal period ended Tuesday, June 30, 2026. 43.70% below its 12-month average of 36.27.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 20.42.
QUICK RATIO (ACID-TEST)
20.42
QUICK RATIO (ACID-TEST) AVG TTM
36.27
QUICK RATIO (ACID-TEST) AVG 3Y
13.70
QUICK RATIO (ACID-TEST) AVG 5Y
8.51
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
-43.70%
CURRENT VS 3Y AVG
+49.06%
CURRENT VS 5Y AVG
+139.81%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
+1080.19%
vs the sector median at left
D-Wave Quantum Inc.
Market Cap
$5.80B
Quick Ratio (Acid-Test)
20.42
TTM Avg
36.27
3Y Avg
13.70
5Y Avg
8.51
Market Cap
$5.71B
Quick Ratio (Acid-Test)
2.75
TTM Avg
2.77
3Y Avg
3.51
5Y Avg
3.52
Market Cap
$5.69B
Quick Ratio (Acid-Test)
1.06
TTM Avg
1.28
3Y Avg
1.48
5Y Avg
1.63
Market Cap
$5.64B
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.58
3Y Avg
2.37
5Y Avg
2.69
Market Cap
$6.00B
Quick Ratio (Acid-Test)
6.23
TTM Avg
5.47
3Y Avg
4.83
5Y Avg
4.18
Market Cap
$5.51B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.81
3Y Avg
0.78
5Y Avg
1.05
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| D-Wave Quantum Inc. (QBTS) | $5.80B | 20.42 | 36.27 | 13.70 | 8.51 |
| EPAM Systems, Inc. (EPAM)vs › | $5.71B | 2.75 | 2.77 | 3.51 | 3.52 |
| Pegasystems Inc. (PEGA)vs › | $5.69B | 1.06 | 1.28 | 1.48 | 1.63 |
| Genpact Limited (G)vs › | $5.67B | 2.00 | 1.91 | 1.72 | 1.63 |
| Varonis Systems, Inc. (VRNS)vs › | $5.64B | 1.65 | 1.58 | 2.37 | 2.69 |
| Impinj, Inc. (PI)vs › | $5.62B | 2.29 | 1.35 | 3.42 | 4.20 |
| Lyft, Inc. (LYFT)vs › | $5.98B | 0.59 | 0.71 | 0.78 | 0.91 |
| Cirrus Logic, Inc. (CRUS)vs › | $6.00B | 6.23 | 5.47 | 4.83 | 4.18 |
| Open Text Corporation (OTEX)vs › | $5.51B | 0.81 | 0.81 | 0.78 | 1.05 |
| ExlService Holdings, Inc. (EXLS)vs › | $5.37B | 1.24 | 2.65 | 2.39 | 2.24 |
Quick Ratio
20.42
Excludes inventory
Current Ratio
20.55
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 | 20.42 |
| 2026-03-31 | 21.31 |
| 2025-12-31 | 42.25 |
| 2025-09-30 | 54.49 |
| 2025-06-30 | 42.86 |
| 2025-03-31 | 20.61 |
| 2024-12-31 | 6.08 |
| 2024-09-30 | 1.28 |
| 2024-06-30 | 1.04 |
| 2024-03-31 | 2.91 |
| 2023-12-31 | 4.00 |
| 2023-09-30 | 1.29 |
| 2023-06-30 | 0.31 |
| 2023-03-31 | 0.70 |
| 2022-12-31 | 0.73 |
| 2022-09-30 | 1.63 |
| 2022-06-30 | 0.58 |
| 2022-03-31 | 0.90 |
| 2021-12-31 | 1.33 |
| 2021-09-30 | 0.02 |
| 2021-06-30 | 0.02 |
| 2021-03-31 | 0.04 |
