QuickLogic (NASDAQ:QUIK) Issues Quarterly Earnings Results

QuickLogic (NASDAQ:QUIK) issued its quarterly earnings results on Tuesday. The semiconductor company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.02), FiscalAI reports. QuickLogic had a negative return on equity of 47.54% and a negative net margin of 107.70%.The business had revenue of $5.05 million for the quarter, compared to analysts’ expectations of $5.51 million.

Here are the key takeaways from QuickLogic’s conference call:

• QuickLogic said it remains on track for 50%–100% year-over-year revenue growth in 2026 and expects second-half profitability, supported by both StoreFront and its new RadPro FPGA line.
• The company highlighted strong momentum for its RadPro radiation-hardened FPGA, including successful demos at HEART, shipment of multiple dev kits, and a low six-figure contribution to Q2 revenue from those shipments.
• QuickLogic said its Intel 18A eFPGA work is expanding, with four contracts now totaling nearly $2 million and a fifth mid-six-figure contract expected later in 2026, helping broaden its addressable market for advanced ASIC and chiplet applications.
• Q1 revenue rose to $5.1 million, up 16.5% year over year, but came in below the midpoint of guidance because a contract award slipped into Q2; the company said this delay does not change its full-year revenue outlook.
• Management expects Q2 revenue of $6 million ±10%, with non-GAAP profitability anticipated in the second half of 2026 and cash flow turning positive later in the year, aided by a stronger mix and a new banking arrangement with lower borrowing costs.

QuickLogic Price Performance

NASDAQ:QUIK traded up $2.25 during trading hours on Wednesday, hitting $21.30. 608,820 shares of the stock traded hands, compared to its average volume of 301,964. The company has a market cap of $377.49 million, a price-to-earnings ratio of -23.42 and a beta of 1.11. QuickLogic has a 1 year low of $4.80 and a 1 year high of $22.10. The stock has a 50 day moving average price of $11.52 and a 200 day moving average price of $8.58. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.04.

Insider Activity

In other news, Director Michael J. Farese sold 4,800 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $11.71, for a total transaction of $56,208.00. Following the sale, the director directly owned 30,540 shares in the company, valued at $357,623.40. This trade represents a 13.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 17,294 shares of company stock valued at $172,515 over the last three months. Corporate insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of QUIK. Vanguard Group Inc. increased its stake in QuickLogic by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 655,877 shares of the semiconductor company’s stock worth $3,975,000 after buying an additional 28,587 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of QuickLogic by 2.8% in the second quarter. Raymond James Financial Inc. now owns 210,199 shares of the semiconductor company’s stock valued at $1,295,000 after acquiring an additional 5,721 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of QuickLogic by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 169,902 shares of the semiconductor company’s stock worth $1,021,000 after acquiring an additional 11,543 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of QuickLogic by 40.6% in the second quarter. Qube Research & Technologies Ltd now owns 99,576 shares of the semiconductor company’s stock worth $613,000 after acquiring an additional 28,751 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in shares of QuickLogic during the third quarter worth about $406,000. Institutional investors own 31.54% of the company’s stock.

Wall Street Analysts Forecast Growth

QUIK has been the topic of a number of recent research reports. Lake Street Capital reaffirmed a “buy” rating on shares of QuickLogic in a report on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of QuickLogic in a report on Friday, March 27th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, QuickLogic has an average rating of “Hold” and an average price target of $10.50.

About QuickLogic

QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that specializes in ultra-low power, multi-core sensor processing System-on-Chip (SoC) solutions and embedded field programmable gate array (eFPGA) intellectual property. The company’s products are designed to enable always-on, voice-activated, and vision-driven applications at the edge, delivering a balance of performance, flexibility, and power efficiency. QuickLogic’s technology is often deployed in consumer, mobile, and industrial IoT devices, where minimizing energy consumption is critical.

Among QuickLogic’s key offerings is the EOS™ family of sensor processing SoCs, which integrate ARM Cortex-M cores alongside proprietary sensor fusion and neural network engines, coupled with customizable FPGA fabric.