Logo

QUIK

QuickLogic Corporation

QUIK

QuickLogic Corporation • NASDAQ
$6.30 ▲ 3.28% (+0.20)
Market Cap $107.65 M
52w High $13.36
52w Low $4.26
Dividend Yield 0%
P/E -10.5
Volume 204.22K
Outstanding Shares 17.09M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.029M ▼ $3.455M ▼ $-4.007M ▼ -197.486% ▼ $-0.24 ▼ $-2.473M ▼
Q2-2025 $3.687M ▼ $3.476M ▼ $-2.67M ▼ -72.417% ▼ $-0.17 ▼ $-713K ▲
Q1-2025 $4.325M ▼ $3.858M ▲ $-2.191M ▼ -50.659% ▼ $-0.14 ▼ $-913K ▼
Q4-2024 $5.705M ▲ $3.639M ▼ $-305K ▲ -5.346% ▲ $-0.021 ▲ $595K ▲
Q3-2024 $4.273M $4.246M $-2.094M -49.005% $-0.14 $-1.04M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $17.343M ▼ $46.118M ▼ $21.388M ▼ $24.73M ▼
Q2-2025 $19.191M ▲ $50.214M ▲ $22.557M ▼ $27.657M ▲
Q1-2025 $17.546M ▼ $49.077M ▼ $22.76M ▼ $26.317M ▲
Q4-2024 $21.88M ▼ $51.933M ▲ $27.046M ▼ $24.887M ▲
Q3-2024 $22.364M $49.713M $28.824M $20.889M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-4.004M ▼ $0 ▼ $0 ▲ $0 ▼ $-1.848M ▼ $0 ▲
Q2-2025 $-2.67M ▼ $628K ▲ $-1.509M ▼ $2.525M ▲ $1.644M ▲ $-881K ▲
Q1-2025 $-2.191M ▼ $-2.126M ▼ $-1.492M ▲ $-708K ▼ $-4.326M ▼ $-3.618M ▼
Q4-2024 $-305K ▲ $116K ▲ $-1.504M ▼ $904K ▲ $-484K ▲ $-1.388M ▼
Q3-2024 $-2.094M $-16K $-488K $-398K $-902K $-504K

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Hardware Products
Hardware Products
 $0 ▲$0 ▲$0 ▲$0 ▲
Mature Products
Mature Products
 $0 ▲$0 ▲$0 ▲$0 ▲
New Products
New Products
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement QuickLogic’s income statement shows a very small but gradually improving business. Revenue has stayed modest, with only slight growth over several years, but the company has managed to shift from clear losses to roughly breakeven results. Gross profit is consistently positive, which means the core products do add value after direct costs, and recent operating and net results suggest the cost base has been brought closer in line with the company’s scale. However, the earnings per share line is still choppy, reflecting the sensitivity of such a small business to even minor changes in sales or expenses. Overall, the trend is toward stabilization, but on a fragile, low-revenue base.

Balance Sheet

Balance Sheet The balance sheet is small and relatively simple. Assets and equity have inched up over time, indicating gradual strengthening rather than rapid growth. Cash balances have been kept fairly steady, which is a positive sign for a company of this size, but the absolute cushion is limited. Debt sits roughly in the same ballpark as cash, implying that the company does carry some financial obligations but not an extreme level of leverage. As a fabless semiconductor firm, QuickLogic runs a light asset model, but its modest scale means it does not have a deep balance sheet to absorb large shocks or prolonged downturns.

Cash Flow

Cash Flow Cash flow is close to break-even, with operating cash flow hovering around neutral and free cash flow only slightly negative at times. Capital spending is low, consistent with a capital-light, IP‑ and software‑driven business. This means the company is not burning large amounts of cash, but it is also not yet consistently generating strong surplus cash to reinvest or build a larger buffer. The pattern suggests careful cash management and tight spending control, but also highlights that growth and R&D need to be funded from a relatively thin stream of internally generated cash and existing reserves.

Competitive Edge

Competitive Edge QuickLogic occupies a focused niche within semiconductors rather than competing head‑to‑head with the largest FPGA players. Its strengths lie in low‑power, customizable embedded FPGA IP, tools for edge AI, and long‑cycle, high‑barrier markets such as aerospace and defense. The combination of customization, open‑source tooling, and a software layer (through SensiML) gives it a differentiated, platform‑like offering rather than just discrete chips. The moat comes from deep domain know‑how, long qualification cycles, and close customer relationships in specialized markets. The flip side is that its small size, limited resources, and exposure to a narrow set of customers and applications leave it more vulnerable to competitive moves by much larger chip companies or delays in design wins.

Innovation and R&D

Innovation and R&D Innovation is the core of QuickLogic’s strategy. The Australis eFPGA IP generator, open‑source QORC ecosystem, and SensiML edge AI toolkit show a clear push toward flexible, software‑friendly solutions that reduce friction for customers. By embracing open source and providing tools that automate AI model creation for devices, QuickLogic is trying to position itself as an enabler of rapid, low‑power intelligence at the edge. The company is also leaning into newer areas like FPGA chiplets and radiation‑hardened IP for demanding environments. This R&D approach helps differentiate the company and deepen its moat, but it also requires ongoing investment and successful commercialization to justify the spending, especially given the small revenue base.

Summary

QuickLogic is a tiny, specialized semiconductor and IP company that has moved from persistent losses toward operational breakeven on a modest but improving revenue base. Its balance sheet and cash flows are stable but thin, leaving limited room for major missteps. The company’s real story is strategic rather than purely financial: it is betting on low‑power eFPGA IP, open‑source development flows, and edge AI tools to carve out defensible niches in IoT, aerospace, defense, and other specialized markets. If it can keep converting its R&D strengths into recurring IP and software revenues while managing costs carefully, its financial profile could continue to firm up. At the same time, its small scale, concentrated focus, and dependence on continued design wins make its future path more uncertain and sensitive to execution than that of larger semiconductor peers.

NEWS

November 18, 2025 · 7:25 AM UTC

QuickLogic eFPGA Hard IP Selected by Chipus for 12 nm High Performance Data Center ASIC

Read more

November 11, 2025 · 4:05 PM UTC

QuickLogic Reports Fiscal Third Quarter 2025 Financial Results

Read more

November 6, 2025 · 2:32 PM UTC

QuickLogic Accelerates Space Innovation with Secure, Customizable eFPGA Hard IP

Read more

October 30, 2025 · 7:37 AM UTC

QuickLogic to Exhibit at Embedded World North America 2025

Read more

October 28, 2025 · 8:03 AM UTC

QuickLogic to Report Third Quarter Fiscal 2025 Financial Results on Tuesday, November 11

Read more