QuickLogic (NASDAQ:QUIK) Releases Earnings Results, Misses Expectations By $0.02 EPS

QuickLogic (NASDAQ:QUIK) released its earnings results on Tuesday. The semiconductor company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02), FiscalAI reports. QuickLogic had a negative return on equity of 48.97% and a negative net margin of 102.41%.The company had revenue of $5.48 million during the quarter, compared to analysts’ expectations of $6.00 million.

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

• QuickLogic narrowed its 2026 revenue-growth outlook to 70%–80% and continues to model non-GAAP profitability and positive cash flow in the second half of the year.
• Second-quarter revenue was $5.5 million, below the midpoint of guidance, because a seven-figure contract extension was delayed while the customer reassesses its ASIC/eFPGA design. The delay also led management to forecast roughly flat third-quarter revenue and remove the extension from its 2026 outlook.
• The company expects fourth-quarter growth to be supported by its $89 million-ceiling U.S. government contract, mature products, RadPro development kits, and existing IP contracts, although some revenue depends on closing late-stage negotiations and meeting delivery milestones.
• QuickLogic reported improved non-GAAP gross margin of 46.8% in Q2 and ended the quarter with $13.5 million of net cash, excluding a $5 million credit-line draw, compared with $3.8 million at the end of 2025.
• Management highlighted expanding opportunities for 2027 and beyond, including Intel 18A-P eFPGA designs, automotive/robotics and satellite applications, RadPro and other Storefront products, chiplets, a potential second eFPGA architectural license, and a new small-package mature-product opportunity that could become a multimillion-dollar market.

QuickLogic Stock Performance

Shares of NASDAQ:QUIK traded down $1.64 during midday trading on Wednesday, reaching $12.59. 498,061 shares of the company’s stock traded hands, compared to its average volume of 365,421. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.53 and a current ratio of 1.68. QuickLogic has a one year low of $4.80 and a one year high of $24.33. The company has a market cap of $229.52 million, a price-to-earnings ratio of -14.15 and a beta of 1.24. The stock has a 50 day moving average of $16.78 and a 200 day moving average of $13.59.

Insider Buying and Selling

In other QuickLogic news, Director Joyce Kim sold 5,500 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $20.00, for a total value of $110,000.00. Following the completion of the transaction, the director owned 2,140 shares of the company’s stock, valued at approximately $42,800. The trade was a 71.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gary H. Tauss sold 2,195 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $19.20, for a total transaction of $42,144.00. Following the transaction, the director owned 15,908 shares in the company, valued at $305,433.60. This represents a 12.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 49,175 shares of company stock worth $1,000,410. 3.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On QuickLogic

Several institutional investors and hedge funds have recently added to or reduced their stakes in QUIK. XTX Topco Ltd bought a new stake in QuickLogic in the 4th quarter worth approximately $166,000. Captrust Financial Advisors lifted its holdings in shares of QuickLogic by 4.5% during the 4th quarter. Captrust Financial Advisors now owns 35,618 shares of the semiconductor company’s stock valued at $214,000 after buying an additional 1,547 shares during the period. Squarepoint Ops LLC purchased a new position in shares of QuickLogic in the 4th quarter worth $84,000. State Street Corp boosted its stake in shares of 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 buying an additional 3,100 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of QuickLogic by 245.2% in the fourth quarter. Jane Street Group LLC now owns 47,906 shares of the semiconductor company’s stock worth $288,000 after acquiring an additional 34,029 shares during the period. Hedge funds and other institutional investors own 31.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on QUIK shares. Needham & Company LLC dropped their price target on shares of QuickLogic from $22.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday. Wall Street Zen upgraded shares of QuickLogic from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Lake Street Capital restated a “buy” rating and set a $22.00 price objective (up from $11.00) on shares of QuickLogic in a research note on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of QuickLogic in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $21.00.

Trending Headlines about QuickLogic

Here are the key news stories impacting QuickLogic this week:

• Positive Sentiment: Revenue rose 48.7% year over year to approximately $5.5 million, led by a 59.7% increase in new-product revenue to about $4.7 million. GAAP gross margin also expanded to 43.9% from 25.9% a year earlier. QuickLogic Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Management expects 70% to 80% revenue growth for full-year 2026 and is modeling non-GAAP profitability and positive operating cash flow during the second half of the year. Recent eFPGA, FPGA packaging and RadPro development activity may provide additional growth catalysts.
• Positive Sentiment: Needham & Company maintained a Buy rating, while lowering its price target from $22 to $20. The revised target still implies substantial potential upside based on the current trading level. Benzinga
• Neutral Sentiment: Institutional positioning was mixed: BlackRock and State Street increased their holdings, while several smaller funds exited or reduced positions. This suggests continued institutional interest but not uniform conviction.
• Negative Sentiment: QuickLogic reported a quarterly loss of $0.06 per share, worse than the expected $0.04 loss, while revenue of $5.48 million missed the $6.00 million consensus estimate. The company remains unprofitable, with a negative net margin and return on equity. QuickLogic Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: Reported insider activity was entirely selling over the past six months, including sales by the CEO and CFO. While insider sales do not necessarily indicate deteriorating fundamentals, they can weigh on investor sentiment.

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.