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 1.65 is 44% below its 5-year average of 2.94, near the low end of its 5-year range (1.15–5.02).
As of the fiscal period ended Tuesday, June 30, 2026. 3.23% below its 12-month average of 1.70.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.65.
QUICK RATIO (ACID-TEST)
1.65
QUICK RATIO (ACID-TEST) AVG TTM
1.70
QUICK RATIO (ACID-TEST) AVG 3Y
2.00
QUICK RATIO (ACID-TEST) AVG 5Y
2.94
QUICK RATIO (ACID-TEST) AVG 10Y
2.06
QUICK RATIO (ACID-TEST) AVG 15Y
2.17
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-3.23%
CURRENT VS 3Y AVG
-17.83%
CURRENT VS 5Y AVG
-43.97%
CURRENT VS 10Y AVG
-19.99%
CURRENT VS 15Y AVG
-24.21%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.60
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
+3.15%
vs the sector median at left
Varonis Systems, Inc.
Market Cap
$5.46B
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.70
3Y Avg
2.00
5Y Avg
2.94
Market Cap
$5.29B
Quick Ratio (Acid-Test)
0.89
TTM Avg
3.93
3Y Avg
2.13
5Y Avg
1.99
Market Cap
$5.27B
Quick Ratio (Acid-Test)
2.74
TTM Avg
3.94
3Y Avg
4.58
5Y Avg
4.34
Market Cap
$5.66B
Quick Ratio (Acid-Test)
2.75
TTM Avg
2.77
3Y Avg
3.51
5Y Avg
3.52
Market Cap
$5.07B
Quick Ratio (Acid-Test)
3.94
TTM Avg
27.42
3Y Avg
16.41
5Y Avg
12.50
Market Cap
$6.11B
Quick Ratio (Acid-Test)
6.23
TTM Avg
5.47
3Y Avg
4.83
5Y Avg
4.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Varonis Systems, Inc. (VRNS) | $5.46B | 1.65 | 1.70 | 2.00 | 2.94 |
| Core Scientific, Inc. (CORZ)vs › | $5.29B | 0.89 | 3.93 | 2.13 | 1.99 |
| Genpact Limited (G)vs › | $5.64B | 2.00 | 1.91 | 1.72 | 1.63 |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.27B | 2.74 | 3.94 | 4.58 | 4.34 |
| EPAM Systems, Inc. (EPAM)vs › | $5.66B | 2.75 | 2.77 | 3.51 | 3.52 |
| Rigetti Computing, Inc. (RGTI)vs › | $5.07B | 3.94 | 27.42 | 16.41 | 12.50 |
| Lyft, Inc. (LYFT)vs › | $5.87B | 0.59 | 0.71 | 0.78 | 0.91 |
| Cirrus Logic, Inc. (CRUS)vs › | $6.11B | 6.23 | 5.47 | 4.83 | 4.18 |
| Box, Inc. (BOX)vs › | $4.78B | 1.06 | 1.12 | 1.15 | 1.22 |
| Diodes Incorporated (DIOD)vs › | $4.77B | 1.99 | 2.04 | 1.99 | 1.86 |
Quick Ratio
1.65
Excludes inventory
Current Ratio
1.65
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 | 1.65 |
| 2026-03-31 | 1.69 |
| 2025-12-31 | 1.97 |
| 2025-09-30 | 1.81 |
| 2025-06-30 | 1.38 |
| 2025-03-31 | 1.15 |
| 2024-12-31 | 1.19 |
| 2024-09-30 | 1.81 |
| 2024-06-30 | 2.44 |
| 2024-03-31 | 2.38 |
| 2023-12-31 | 2.43 |
| 2023-09-30 | 2.57 |
| 2023-06-30 | 3.55 |
| 2023-03-31 | 4.03 |
| 2022-12-31 | 3.87 |
| 2022-09-30 | 4.38 |
| 2022-06-30 | 4.34 |
| 2022-03-31 | 4.61 |
| 2021-12-31 | 4.44 |
| 2021-09-30 | 5.02 |
| 2021-06-30 | 4.94 |
| 2021-03-31 | 5.02 |
| 2020-12-31 | 2.22 |
| 2020-09-30 | 2.70 |
| 2020-06-30 | 2.69 |
| 2020-03-31 | 1.22 |
| 2019-12-31 | 1.28 |
| 2019-09-30 | 1.48 |
| 2019-06-30 | 1.53 |
| 2019-03-31 | 1.66 |
| 2018-12-31 | 1.72 |
| 2018-09-30 | 1.85 |
| 2018-06-30 | 1.82 |
| 2018-03-31 | 1.95 |
| 2017-12-31 | 1.87 |
| 2017-09-30 | 1.94 |
| 2017-06-30 | 1.90 |
| 2017-03-31 | 2.01 |
| 2016-12-31 | 1.94 |
| 2016-09-30 | 2.10 |
| 2016-06-30 | 2.07 |
| 2016-03-31 | 2.27 |
| 2015-12-31 | 2.19 |
| 2015-09-30 | 2.43 |
| 2015-06-30 | 2.58 |
| 2015-03-31 | 2.80 |
| 2014-12-31 | 2.87 |
| 2014-09-30 | 3.17 |
| 2014-06-30 | 3.42 |
| 2014-03-31 | 3.66 |
| 2013-12-31 | 1.05 |
| 2013-09-30 | 1.05 |
| 2013-06-30 | 1.08 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 1.24 |
| 2012-09-30 | 0.00 |