Reaction of 3 O 2 with singlet excited state (S 1 ) of highly luminescent cycloparaphenylenes (CPPs), i.e., [n]CPP where n = 9, 12, and 15 in solution has been studied by transient absorption (TA) measurements seamless for the time range from subnanosecond to microsecond based on the randomly-interleavedpulse-train (RIPT) method recently developed by our group. We found efficient quenching of S 1 by 3 O 2 through observation of S n ← S 1 transient absorption and the steady state fluorescence measurements. Concomitantly, we have become aware of the acceleration of the rate of intersystem crossing (ISC) from S 1 to the triplet excited state (T 1 ) through the observation of the evident enhancement of T n ← T 1 absorption intensity. We have established the analysis procedure to evaluate the rate constant of ISC (k ISC 0 ) in the absence of O 2 and the bimolecular rate constant of ISC induced by 3 O 2 (k ISC O 2 ) only by using TA decay data in the presence of O 2 . On the basis of these analyses, we further succeeded in determining the quantum yield of T 1 (Φ T ) with and without O 2 . In addition, the absorption coefficient of T 1 (ε T 1 ) and S 1 (ε S 1 ) could be estimated with reference to that of T 1 of C 60 . These photophysical parameters are largely dependent on the ring size, where the lifetime of S 1 (τ S ) in the absence and presence of O 2 dominates Φ T as well as the quantum yield of fluorescence (Φ F ).