QuickLogic Reports Fiscal Fourth Quarter and Full Year 2025 Financial Results

Rhea-AI Summary

QuickLogic (NASDAQ: QUIK) reported fiscal Q4 2025 results and program milestones on March 3, 2026. Q4 revenue was $3.7M, down 34.2% year-over-year but up 84.0% sequentially. The company secured an expanded U.S. SRH FPGA prime contract ceiling near $89M and received a $13M contract tranche.

Q4 GAAP gross margin was 18.1%, GAAP net loss was $6.0M (loss $0.35/share), and non-GAAP net loss was $2.9M (loss $0.17/share). Management highlighted product, government, and design-win progress aimed at 2026 revenue growth.

Positive

• Sequential revenue increase of 84.0%
• Expanded U.S. SRH FPGA contract ceiling to ~$89M
• Received a $13M contract tranche
• New product revenue up 198.6% sequentially

Negative

• Total revenue down 34.2% YoY
• Q4 GAAP net loss of $6.0M
• GAAP gross margin fell to 18.1% from 62.7% YoY
• Non-GAAP net loss of $2.9M versus prior non-GAAP income

Key Figures

Q4 2025 revenue: $3.7 million Revenue QoQ change: 84.0% increase New product revenue: ≈$2.8 million +5 more

8 metrics

Q4 2025 revenue $3.7 million Total revenue from continuing operations, Q4 2025

Revenue QoQ change 84.0% increase Q4 2025 vs Q3 2025 total revenue

New product revenue ≈$2.8 million New product revenue from continuing operations, Q4 2025

GAAP gross margin 18.1% Q4 2025 gross margin from continuing operations

Non-GAAP gross margin 20.8% Q4 2025 non-GAAP gross margin from continuing operations

GAAP operating expenses $4.2 million Q4 2025 operating expenses from continuing operations

GAAP net loss ($6.0 million), ($0.35)/share Q4 2025 GAAP net loss

SRH contract ceiling ≈$89 million Total ceiling of U.S. SRH FPGA government program

Market Reality Check

Price: $8.07 Vol: Volume 146,118 is about 0...

normal vol

$8.07 Last Close

Volume Volume 146,118 is about 0.88x its 20-day average of 166,113 shares. normal

Technical Price $8.07 is trading above the 200-day MA of $6.41, despite recent weakness.

Peers on Argus

QUIK fell 1.94% while key peers like GCTS (+11.11%), GSIT (+9.86%), and MX (+5.3...

1 Up

QUIK fell 1.94% while key peers like GCTS (+11.11%), GSIT (+9.86%), and MX (+5.36%) moved higher, suggesting stock-specific pressure rather than a sector-wide move.

Previous Earnings Reports

5 past events · Latest: Nov 11 (Negative)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 11	Q3 2025 earnings	Negative	-13.3%	Sharp revenue drop and widened losses for fiscal Q3 2025.
Aug 12	Q2 2025 earnings	Negative	+3.1%	Q2 2025 revenue and margins declined with a larger GAAP net loss.
May 13	Q1 2025 earnings	Negative	-13.3%	Q1 2025 revenue fell and swung from prior profit to GAAP loss.
Feb 25	Q4 2024 earnings	Positive	+10.9%	Q4 2024 showed QoQ revenue growth and non‑GAAP profitability.
Nov 11	Q3 2024 earnings	Negative	-9.2%	Q3 2024 revenue dropped sharply YoY with a GAAP net loss.

Pattern Detected

Earnings releases for QUIK have typically led to negative reactions, with an average move of about -4.34% and 4 of the last 5 tagged earnings events aligning with the news tone.

Recent Company History

Over the last year, QuickLogic’s earnings reports have highlighted recurring revenue declines and widened losses across FY2025 quarters, alongside strategic wins in eFPGA IP and government radiation‑hardened programs. Q4/FY2024 results on Feb 25, 2025 were a relative bright spot with non‑GAAP profitability and a 10.93% positive reaction. Subsequent Q1–Q3 2025 earnings on May 13, Aug 12, and Nov 11 underscored pressured margins and deeper losses, often met with double‑digit downside moves, setting a cautious backdrop for the latest Q4/FY2025 results.

Historical Comparison

-4.3% avg move · Prior earnings releases for QUIK produced an average move of -4.34%, often tied to revenue declines ...

earnings

-4.3%

Average Historical Move earnings

Prior earnings releases for QUIK produced an average move of -4.34%, often tied to revenue declines and losses. This Q4/FY2025 report similarly mixes pressured financials with SRH contract progress.

Across FY2025, earnings updates showed declining revenue and margins from Q1 to Q3, partially offset by growing eFPGA and Strategic Radiation Hardened program activity ahead of the latest Q4/FY2025 figures.

Regulatory & Risk Context

Active S-3 Shelf · $125,000,000

Shelf Active

Active S-3 Shelf Registration 2025-08-14

$125,000,000 registered capacity

An effective Form S-3 shelf filed on Aug 14, 2025 registers up to $125,000,000 of various securities, including an at-the-market equity program of up to $20,000,000 with Needham & Company. As of the provided context, there is no recorded usage of this shelf, but it provides capacity for future equity or debt issuance.

Market Pulse Summary

This announcement combines weak Q4 2025 financials with notable strategic progress. Revenue from con...

Analysis

This announcement combines weak Q4 2025 financials with notable strategic progress. Revenue from continuing operations was $3.7 million, GAAP gross margin stood at 18.1%, and GAAP net loss was $6.0 million, reflecting ongoing profitability challenges. At the same time, the U.S. SRH FPGA contract ceiling increased to roughly $89 million, with a new $13 million tranche and initial Dev Kit orders. Historically, earnings releases have produced an average move of -4.34%, so investors may focus on whether contract wins eventually translate into higher-margin growth and improved net results.

Key Terms

embedded fpga (efpga), fpga, endpoint ai, asic, +4 more

8 terms

embedded fpga (efpga) technical

"a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI"

An embedded FPGA (eFPGA) is a small, reprogrammable block of digital circuitry built directly into a semiconductor chip that lets designers change hardware behavior after the chip is manufactured—like having a set of Lego pieces inside a device that can be rearranged to add or tweak features. For investors, eFPGAs matter because they can extend a product’s useful life, speed time-to-market for new features, reduce recall or redesign costs, and create recurring licensing or customization revenue, all of which affect a company’s competitiveness and margins.

fpga technical

"Strategic Radiation Hardened (SRH) FPGA government program"

A field-programmable gate array (FPGA) is a type of computer chip whose internal wiring can be changed after it is made, allowing engineers to program custom hardware functions without designing a new chip. For investors, FPGAs matter because that flexibility lets companies quickly adapt products to new software, standards, or customer needs—like a toolbox that can be rearranged to build different machines—so demand and pricing can shift with trends in data centers, telecommunications, AI, and specialized electronics.

endpoint ai technical

"ruggedized FPGAs, and Endpoint AI solutions, today announced its financial results"

Endpoint AI is artificial intelligence that runs directly on devices like smartphones, sensors, cameras, or factory machines instead of sending data to remote servers. For investors, it matters because running intelligence at the device reduces delay, lowers ongoing cloud costs, and can improve privacy and reliability—like having a translator in your pocket instead of calling a distant service—and this can create new product markets and different revenue models.

asic technical

"crypto-agile secure ASIC and SoC designs using QuickLogic eFPGA Hard IP"

ASIC is Australia’s corporate, markets and financial services regulator that enforces rules for companies, financial advisers and market operators; think of it as the referee and rulebook keeper for financial activity. It matters to investors because ASIC’s oversight, investigations and enforcement actions affect company credibility, legal risk and market fairness—actions that can change stock prices, investor confidence and the safety of financial products.

soc technical

"crypto-agile secure ASIC and SoC designs using QuickLogic eFPGA Hard IP"

Standard of care (often abbreviated SOC) is the treatment or management approach that is widely accepted and used by medical professionals for a particular disease or condition. For investors, SOC provides the benchmark against which new therapies, devices, or clinical results are judged—like comparing a new car to the current most popular model; a product that meaningfully outperforms the SOC can win market share and drive revenue, while failure to beat or match it limits commercial potential.

gaap financial

"Fourth quarter 2025 GAAP gross margin from continuing operations was 18.1%"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

non-gaap financial

"Fourth quarter 2025 non-GAAP gross margin from continuing operations was 20.8%"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

taped out technical

"and successfully taped out a test chip on GlobalFoundries 12LP process"

Taped out means a chip designer has finished and locked down the final semiconductor design and sent the manufacturing files to a fabrication plant so physical prototypes or production wafers can be made. It matters to investors because it marks a major shift from design work to real-world fabrication — like sending a finished blueprint to a builder — indicating progress toward product validation, potential revenue, and a clearer timeline for costs and technical risk reduction.

AI-generated analysis. Not financial advice.

SAN JOSE, Calif., March 3, 2026 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI solutions, today announced its financial results for the fiscal fourth quarter that ended December 28, 2025.

Recent Highlights

• Expanded U.S. Strategic Radiation Hardened (SRH) FPGA government program, increasing total contract ceiling to approximately $89 million and successfully taped out a test chip on GlobalFoundries 12LP process
• Announced $13 million contract tranche for the U.S. SRH FPGA government program
• Received initial orders for SRH FPGA Development Kits (Dev Kits) for Test Chip evaluation
• Incorporated architectural enhancements developed under 1M LUT Feasibility Study Contract that enable QuickLogic to address lucrative markets for very high-density discrete and embedded FPGAs
• Secured multiple, new commercial eFPGA Hard IP design wins, including a high-performance data center production ASIC on a 12nm process node
• Entered the hardware cybersecurity market through a partnership with Idaho Scientific, enabling crypto-agile secure ASIC and SoC designs using QuickLogic eFPGA Hard IP
• Advanced presence in space and high-reliability computing as University of Saskatchewan selected eFPGA IP for a radiation-tolerant RISC-V StarRISC microcontroller platform
• Published customer case study showing 50% power savings when Epson moved from Software to eFPGA for programmable algorithm processing

"We are extremely proud the U.S. Government has expanded the scope of our Prime Contract and awarded us a $13 million tranche last month," said Brian Faith, CEO of QuickLogic. "With this and the milestones we accomplished during 2025, we have entered 2026 on very sound footing, and we believe, positioned for significant revenue growth beginning this year."

Fiscal Fourth Quarter 2025 Financial Results

Total revenue from continuing operations for the fourth quarter of fiscal 2025 was $3.7 million, a decrease of 34.2% compared with the fourth quarter of 2024 and an increase of 84.0% compared with the third quarter of 2025.

New product revenue from continuing operations was approximately $2.8 million in the fourth quarter of 2025, a decrease of $1.8 million, or 38.5%, compared with the fourth quarter of 2024 and an increase of $1.8 million, or 198.6%, compared with the third quarter of 2025.

Mature product revenue from continuing operations was $0.9 million in the fourth quarter of 2025. This compares to $1.0 million in the fourth quarter of 2024 and $1.1 million in the third quarter of 2025.

Fourth quarter 2025 GAAP gross margin from continuing operations was 18.1% compared with 62.7% in the fourth quarter of 2024 and (23.3%) in the third quarter of 2025.

Fourth quarter 2025 non-GAAP gross margin from continuing operations was 20.8% compared with 65.8% in the fourth quarter of 2024 and (11.9%) in the third quarter of 2025.

Fourth quarter 2025 GAAP operating expenses from continuing operations were $4.2 million compared with $3.4 million in the fourth quarter of 2024 and $3.5 million in the third quarter of 2025.

Fourth quarter 2025 non-GAAP operating expenses from continuing operations were $3.5 million compared with $2.6 million in the fourth quarter of 2024 and $2.9 million in the third quarter of 2025.

Fourth quarter 2025 GAAP net loss was ($6.0 million), or ($0.35) per share, compared with a net loss of ($0.3 million), or ($0.02) per share, in the fourth quarter of 2024, and a net loss of ($4.0 million), or ($0.24) per share, in the third quarter of 2025.

Fourth quarter 2025 non-GAAP net loss was ($2.9 million), or ($0.17) per share, compared with a net income of $0.6 million, or $0.04 per share, in the fourth quarter of 2024, and a net loss of ($3.2 million), or ($0.19) per share, in the third quarter of 2025.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time today, March 3, 2026, to discuss its current financial results. The conference call will be webcast on QuickLogic's IR Site Events Page at https://ir.quicklogic.com/ir-calendar. To join the live conference, you may dial (877) 407-0792 and international participants should dial (201) 689-8263 by 2:20 p.m. Pacific Time. No Passcode is needed to join the conference call. A recording of the call will be available approximately one hour after completion. To access the recording, please call (844) 512-2921 and reference the passcode 13758490.

The call recording, which can be accessed by phone, will be archived through March 10, 2026, and the webcast will be available for 12 months on the Company's website.

About QuickLogic

QuickLogic is a fabless semiconductor company specializing in embedded FPGA (eFPGA) Hard IP, discrete FPGAs, and endpoint AI solutions. QuickLogic's unique approach combines cutting-edge technology with open-source tools to deliver highly customizable low-power solutions for aerospace and defense, industrial, computing, and consumer markets. For more information, visit www.quicklogic.com.

QuickLogic uses its website (www.quicklogic.com), the company blog (https://www.quicklogic.com/blog/), corporate X account (@QuickLogic_Corp), Facebook page (https://www.facebook.com/QuickLogic), and LinkedIn page (https://www.linkedin.com/company/13512/) as channels of distribution of information about its products, its planned financial and other announcements, its attendance at upcoming investor and industry conferences, and other matters. Such information may be deemed material information, and QuickLogic may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor the Company's website and its social media accounts in addition to following the Company's press releases, SEC filings, public conference calls, and webcasts.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with United States Generally Accepted Accounting Principles, or U.S. GAAP, but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes certain charges related to stock-based compensation, impairments, and restructuring costs, in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, and (iv) gross margin percentage. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner like how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company's industry.

Management uses the non-GAAP measures, which exclude gains, losses, and other charges that are considered by management to be outside of the Company's core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company's future periods and serve as a basis for the allocation of the Company's resources, management of operations and the measurement of profit-dependent cash, and equity compensation paid to employees and executive officers.

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures and may not be calculated in the same manner as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with U.S. GAAP. A reconciliation of U.S. GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related U.S. GAAP financial measures and the reconciliation of non-GAAP financial measures with their most directly comparable U.S. GAAP financial measures.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our future profitability and cash flows, expectations regarding our future business and expected revenue growth, and statements regarding the timing, milestones, and payments related to our government contracts and actual results may differ due to a variety of factors including: delays in the market acceptance of the Company's new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers' products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; general economic conditions; political events, international trade disputes, natural disasters and other business interruptions that could disrupt supply or delivery of, or demand for, the Company's products; and changes in tax rates and exposure to additional tax liabilities. These and other potential factors and uncertainties that could cause actual results to differ materially from the results contemplated or implied are described in more detail in the Company's public reports filed with the U.S. Securities and Exchange Commission (the "SEC"), including the risks discussed in the "Risk Factors" section in the Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and in the Company's prior press releases, which are available on the Company's Investor Relations website at http://ir.quicklogic.com/, and on the SEC website at www.sec.gov/. In addition, please note that the date of this press release is March 3, 2026, and any forward-looking statements contained herein are based on management's current expectations and assumptions that we believe to be reasonable as of this date. We are not obliged to update these statements due to latest information or future events.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

CODE: QUIK-E 

 –Tables Follow –

 

QUICKLOGIC CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited)
		Three Months Ended												Year Ended
		December 28, 2025				December 29, 2024				September 28, 2025				December 28, 2025				December 29, 2024
Revenue		$	3,733			$	5,677			$	2,029			$	13,774			$	19,651
Cost of revenue			3,058				2,118				2,501				10,740				7,558
Gross profit (loss)			675				3,559				(472)				3,034				12,093
Operating expenses:
Research and development			1,436				1,380				1,398				5,295				5,846
Selling, general and administrative			2,728				2,029				2,057				9,283				8,767
Impairment charges			—				—				—				300				—
Restructuring costs			—				—				—				75				—
Total operating expense			4,164				3,409				3,455				14,953				14,613
Operating income (loss)			(3,489)				150				(3,927)				(11,919)				(2,520)
Interest expense			(79)				(111)				(87)				(371)				(406)
Interest and other (expense) income, net			—				29				9				(28)				24
Income (loss) before income taxes			(3,568)				68				(4,005)				(12,318)				(2,902)
(Benefit from) provision for income taxes			30				(11)				(1)				35				3
Net income (loss) from continuing operations			(3,598)				79				(4,004)				(12,353)				(2,905)
Net income (loss) from discontinued operations, net       of taxes and inclusive of $87 in restructuring       costs for the fiscal year ended December 28,       2025			(2,368)				(384)				(3)				(2,481)				(936)
Net income (loss)		$	(5,966)			$	(305)			$	(4,007)			$	(14,834)			$	(3,841)
Net income (loss) from continuing operations per       share:
Basic		$	(0.21)			$	0.01			$	(0.24)			$	(0.76)			$	(0.20)
Diluted		$	(0.21)			$	0.01			$	(0.24)			$	(0.76)			$	(0.20)
Net income (loss) per share:
Basic		$	(0.35)			$	(0.02)			$	(0.24)			$	(0.91)			$	(0.26)
Diluted		$	(0.35)			$	(0.02)			$	(0.24)			$	(0.91)			$	(0.26)
Weighted average shares outstanding:
Basic			17,103				14,869				16,516				16,243				14,510
Diluted			17,103				14,869				16,516				16,243				14,510

Note: Net income (loss) equals total comprehensive income (loss) for all periods presented. Additionally, the Company notes that income taxes related to discontinued operations were immaterial in nature for the periods presented and as such, only net income (loss) from discontinued operations was reported herein.

 

QUICKLOGIC CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited)
		December 28, 2025				December 29, 2024
ASSETS
Current assets:
Cash, cash equivalents and restricted cash		$	18,840			$	21,859
Accounts receivable, net of allowance for credit losses of $0 as of December 28, 2025 and December 29, 2024			2,809				2,426
Contract assets			217				2,682
Inventories			956				940
Prepaid expenses and other current assets			1,382				1,666
Assets of business held for disposal, net			2				31
Total current assets			24,206				29,604
Property and equipment, net			18,234				15,699
Capitalized internal-use software, net			1,116				711
Right of use assets, net			464				758
Intangible assets, net			339				378
Non-marketable equity investment			—				300
Inventories, non-current			187				718
Note receivable, non-current			—				1,292
Other assets			240				117
Assets of business held for disposal, net			—				2,356
TOTAL ASSETS		$	44,786			$	51,933
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Revolving line of credit		$	15,000			$	18,000
Trade payables			2,251				3,097
Accrued liabilities			1,779				1,587
Deferred revenue			64				444
Notes payable, current			1,870				1,928
Lease liabilities, current			321				284
Liabilities of business held for disposal			—				57
Total current liabilities			21,285				25,397
Long-term liabilities:
Lease liabilities, non-current			126				447
Notes payable, non-current			926				1,202
Total liabilities			22,337				27,046
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued and outstanding			—				—
Common stock, $0.001 par value; 200,000 authorized; 17,290 and 15,336 shares issued      and outstanding as of December 28, 2025 and December 29, 2024, respectively			17				15
Additional paid-in capital			346,662				334,268
Accumulated deficit			(324,230)				(309,396)
Total stockholders' equity			22,449				24,887
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$	44,786			$	51,933

 

QUICKLOGIC CORPORATION SUPPLEMENTAL RECONCILIATIONS OF US GAAP AND NON-GAAP FINANCIAL MEASURES (in thousands, except per share amounts and percentages) (Unaudited)
		Three Months Ended												Year Ended
		December 28, 2025				December 29, 2024				September 28, 2025				December 28, 2025				December 29, 2024
US GAAP operating income (loss)		$	(3,489)			$	150			$	(3,927)			$	(11,919)			$	(2,520)
Adjustment for stock-based compensation within:
Cost of revenue			100				177				231				678				852
Research and development			194				249				96				637				978
Selling, general and administrative			450				538				501				2,036				2,669
Adjustment for impairment charges			—				—				—				300				—
Adjustment for restructuring costs			—				—				—				75				—
Non-GAAP operating income (loss)		$	(2,745)			$	1,114			$	(3,099)			$	(8,193)			$	1,979
US GAAP net income (loss) from continuing       operations		$	(3,598)			$	79			$	(4,004)			$	(12,353)			$	(2,905)
Adjustment for stock-based compensation within:
Cost of revenue			100				177				231				678				852
Research and development			194				249				96				637				978
Selling, general and administrative			450				538				501				2,036				2,669
Adjustment for impairment charges			—				—				—				300				—
Adjustment for restructuring costs			—				—				—				75				—
Non-GAAP net income (loss) from continuing operations		$	(2,854)			$	1,043			$	(3,176)			$	(8,627)			$	1,594
US GAAP net income (loss) from discontinued operations		$	(2,368)			$	(384)			$	(3)			$	(2,481)			$	(936)
Adjustment for stock-based compensation within:
Research and development			—				(40)				—				(32)				107
Adjustment for impairment charges			2,355				—				—				2,355				—
Adjustment for restructuring costs			—				—				—				87				—
Non-GAAP net income (loss) from discontinued operations		$	(13)			$	(424)			$	(3)			$	(71)			$	(829)
Non-GAAP net income (loss)		$	(2,867)			$	619			$	(3,179)			$	(8,698)			$	765
US GAAP net income (loss) from continuing       operations per share, basic		$	(0.21)			$	0.01			$	(0.24)			$	(0.76)			$	(0.20)
Adjustment for stock-based compensation			0.04				0.06				0.05				0.21				0.31
Adjustment for impairment charges			—				—				—				0.02				—
Adjustment for restructuring costs			—				—				—				—				—
Non-GAAP net income (loss) from continuing      operations per share, basic		$	(0.17)			$	0.07			$	(0.19)			$	(0.53)			$	0.11
US GAAP net income (loss) from discontinued      operations per share, basic		$	(0.14)			$	(0.03)			$	—			$	(0.15)			$	(0.06)
Adjustment for stock-based compensation			—				—				—				—				—
Adjustment for impairment charges			0.14				—				—				0.14				—
Adjustment for restructuring costs			—				—				—				0.01				—
Non-GAAP net income (loss) from discontinued      operations per share, basic		$	—			$	(0.03)			$	—			$	—			$	(0.06)
Non-GAAP net income (loss) per share, basic		$	(0.17)			$	0.04			$	(0.19)			$	(0.53)			$	0.05
US GAAP net income (loss) from continuing       operations per share, diluted		$	(0.21)			$	0.01			$	(0.24)			$	(0.76)			$	(0.20)
Adjustment for stock-based compensation			0.04				0.06				0.05				0.21				0.31
Adjustment for impairment charges			—				—				—				0.02				—
Adjustment for restructuring costs			—				—				—				—				—
Non-GAAP net income (loss) from continuing      operations per share, diluted		$	(0.17)			$	0.07			$	(0.19)			$	(0.53)			$	0.11
US GAAP net income (loss) from discontinued      operations per share, diluted		$	(0.14)			$	(0.03)				—			$	(0.15)			$	(0.06)
Adjustment for stock-based compensation			—				—				—				—				—
Adjustment for impairment charges			0.14				—				—				0.14				—
Adjustment for restructuring costs			—				—				—				0.01				—
Non-GAAP net income (loss) from discontinued      operations per share, diluted		$	—			$	(0.03)			$	—			$	—			$	(0.06)
Non-GAAP net income (loss) per share, diluted		$	(0.17)			$	0.04			$	(0.19)			$	(0.53)			$	0.05
US GAAP gross margin percentage from      continuing operations			18.1	%			62.7	%			(23.3)	%			22.0	%			61.5	%
Adjustment for stock-based compensation included       in cost of revenue			2.7	%			3.1	%			11.4	%			4.9	%			4.4	%
Non-GAAP gross margin percentage from      continuing operations			20.8	%			65.8	%			(11.9)	%			26.9	%			65.9	%

 

QUICKLOGIC CORPORATION SUPPLEMENTAL DATA (Unaudited)
		Percentage of Revenue												Change in Revenue
		Q4 2025				Q4 2024				Q3 2025				Q4 2025 to Q4 2024				Q4 2025 to Q3 2025
COMPOSITION OF REVENUE
Revenue by product: (1)
New products			76	%			81	%			47	%			(39)	%			199	%
Mature products			24	%			18	%			53	%			(15)	%			(18)	%
Discontinued Operations:
New products			—	%			1	%			—	%			(100)	%			—	%
Revenue by geography:
Asia Pacific			10	%			10	%			47	%			(32)	%			(62)	%
North America			81	%			85	%			51	%			(38)	%			191	%
Europe			9	%			5	%			2	%			23	%			869	%
Discontinued Operations:
Asia Pacific			—	%			—	%			—	%			(100)	%			—	%
North America			—	%			—	%			—	%			(100)	%			—	%
Europe			—	%			—	%			—	%			—	%			—	%

_____________________
(1)		New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP intellectual property, professional services, and QuickAI and SensiML AI software as a service (SaaS) revenue. Mature products include all products produced on semiconductor processes larger than 180 nanometer and includes related royalty revenue.

 

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SOURCE QuickLogic Corporation

FAQ

What were QuickLogic's Q4 2025 revenues and how did they change (QUIK)?

QuickLogic reported $3.7 million in Q4 2025 revenue, down 34.2% year-over-year but up 84.0% sequentially. According to the company, new product revenue drove the sequential recovery while YoY comparisons reflect prior-period strength.

How large is QuickLogic's U.S. SRH FPGA contract (QUIK) after the expansion?

The company increased the U.S. SRH FPGA prime contract ceiling to approximately $89 million. According to the company, this expansion included a $13 million contract tranche awarded in the most recent period.

What were QuickLogic's Q4 2025 GAAP and non-GAAP losses per share (QUIK)?

QuickLogic reported a Q4 2025 GAAP net loss of $0.35 per share and a non-GAAP net loss of $0.17 per share. According to the company, non-GAAP measures exclude certain items to show adjusted operating performance.

Did QuickLogic report margin improvement in Q4 2025 (QUIK)?

Q4 2025 GAAP gross margin was 18.1%, a sharp YoY decline from 62.7% but a sequential improvement from (23.3%). According to the company, product mix and program milestones affected margins.

What commercial wins did QuickLogic announce that could affect future revenue (QUIK)?

QuickLogic disclosed multiple eFPGA Hard IP design wins, including a high-performance data center ASIC on a 12nm node. According to the company, these design wins support potential production revenue growth in 2026.

When and how can investors access QuickLogic's Q4 2025 earnings call replay (QUIK)?

The company held a conference call on March 3, 2026, with a phone recording archived through March 10, 2026 and a webcast available for 12 months. According to the company, dial-in and passcode details were provided for the replay.