QuickLogic (NASDAQ:QUIK) Announces Earnings Results, Misses Expectations By $0.06 EPS

QuickLogic (NASDAQ:QUIK) posted its earnings results on Tuesday. The semiconductor company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.06), FiscalAI reports. QuickLogic had a negative return on equity of 33.71% and a negative net margin of 58.26%.The firm had revenue of $3.73 million during the quarter, compared to analysts’ expectations of $3.50 million.

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

• QuickLogic secured a $13 million tranche of its U.S. government SRH program (part of an expanded program with a potential $89M ceiling), has SRH FPGA test chips in hand, and has already received orders for dev kits—management calls this a strong demand signal.
• Architectural enhancements that materially improve PPA are now extensible to advanced nodes; the company completed a 1M‑LUT Intel 18A study, has multiple Intel 18A test/IP contracts (>$1M to date with a fourth pending), and expects a mid‑seven‑figure eFPGA hard IP award once funding clears.
• Management is accelerating its “storefront” model with plans for three MPW tapeouts in 2026 (two fully customer‑funded, one partially) and is pursuing discrete SRH FPGAs, chiplets, and embedded eFPGA IP—positioning it to target management’s stated 50–100% revenue growth for 2026.
• Q4 revenue was $3.7M (‑35% YoY) with a non‑GAAP net loss of $2.9M; the quarter included a large impairment on SensiML plus inventory reserves and unexpected professional services costs that compressed non‑GAAP gross margin to 20.8%.
• Q1 guidance is $5.5M ±10% (new products $4.5M), Q1 non‑GAAP gross margin ~45% ±5% and an expected Q1 net loss of ~$0.8M; cash totaled $18.8M (including a $15M credit line) and management expects cash flow and profitability to improve in H2 2026.

QuickLogic Trading Down 3.5%

QUIK traded down $0.28 on Tuesday, hitting $7.79. The company had a trading volume of 109,399 shares, compared to its average volume of 172,456. The business’s fifty day simple moving average is $7.46 and its 200 day simple moving average is $6.63. The company has a quick ratio of 1.14, a current ratio of 1.18 and a debt-to-equity ratio of 0.02. QuickLogic has a 12-month low of $4.26 and a 12-month high of $9.27. The company has a market cap of $133.13 million, a PE ratio of -13.67 and a beta of 0.60.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Lake Street Capital initiated coverage on QuickLogic in a research note on Monday, February 9th. They issued a “buy” rating and a $10.00 target price on the stock. Northland Securities cut shares of QuickLogic from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of QuickLogic in a research note on Monday, December 29th. Two equities 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. Based on data from MarketBeat.com, QuickLogic presently has a consensus rating of “Hold” and a consensus price target of $10.50.

Insider Activity at QuickLogic

In related news, CFO Elias Nader sold 10,813 shares of QuickLogic stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $6.36, for a total transaction of $68,770.68. Following the completion of the transaction, the chief financial officer directly owned 71,193 shares of the company’s stock, valued at approximately $452,787.48. The trade was a 13.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 20,124 shares of company stock valued at $129,157. 1.50% of the stock is currently owned by insiders.

Institutional Trading of QuickLogic

Several institutional investors and hedge funds have recently modified their holdings of QUIK. Qube Research & Technologies Ltd boosted its holdings in 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 in the last quarter. Two Sigma Investments LP purchased a new position in shares of QuickLogic in the 3rd quarter valued at approximately $406,000. State Street Corp boosted its stake in QuickLogic by 5.0% in the 4th quarter. State Street Corp now owns 65,056 shares of the semiconductor company’s stock worth $391,000 after purchasing an additional 3,100 shares in the last quarter. Jane Street Group LLC grew its position in QuickLogic by 245.2% during the 4th quarter. Jane Street Group LLC now owns 47,906 shares of the semiconductor company’s stock worth $288,000 after purchasing an additional 34,029 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in QuickLogic by 62.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 55,158 shares of the semiconductor company’s stock valued at $282,000 after purchasing an additional 21,275 shares in the last quarter. Institutional investors own 31.54% of the company’s stock.

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.