QuickLogic Q1 2026 Earnings Call Insights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 53 minutes ago
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Should l Buy QUIK?
Source: seekingalpha
- Growth Target: QuickLogic's CEO Brian C. Faith indicated that the company is making significant strides toward its goal of achieving 50% to 100% year-over-year revenue growth in 2026, with expectations that the new RadPro FPGA will contribute to revenue and profitability in the second half, reflecting confidence in future growth.
- New Product Progress: The company showcased its new RadPro FPGA development kit at the HEART Conference, having shipped multiple kits, with a low six-figure revenue contribution anticipated for Q2, although full evaluation is expected by the end of 2026, indicating that market acceptance may take time.
- Contract Developments: QuickLogic announced its fourth contract with Intel, with a total value nearing $2 million, serving as a foundation for larger contracts expected later, demonstrating the company's ongoing expansion in high-tech sectors and growing market demand.
- Financial Outlook: CFO Elias Nader noted that Q1 revenue was $5.1 million, below expectations, with Q2 revenue guidance set at $6 million, and a projected non-GAAP gross margin of 42%, reflecting the company's efforts in cost control and profitability enhancement.
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Analyst Views on QUIK
Wall Street analysts forecast QUIK stock price to fall
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 20.690
Low
5.95
Averages
7.98
High
10.00
Current: 20.690
Low
5.95
Averages
7.98
High
10.00
About QUIK
QuickLogic Corporation is a semiconductor company that develops embedded FPGA (eFPGA) intellectual property (IP), discrete FPGAs, and FPGA system-on-chips (SoCs) for a variety of industrial, aerospace and defense, edge, and endpoint artificial intelligence (AI), consumer, and computing applications. Its products include eFPGA IP Licensing business and associated professional services, consisting of the development and integration of eFPGA technology into custom semiconductor solutions. Its silicon products consist of EOS, QuickAI, ArcticLink III, PolarPro3, PolarPro II, PolarPro, and others. Its new products category includes its artificial intelligence/machine learning (AI/ML) Software Platform from its subsidiary company, SensiML, which includes Software-as-a-Service (SaaS) subscriptions for development when deployed in production, and proof-of-concept services. Its mature products include FPGA families named PASIC3 and QuickRAM, as well as programming hardware and design software.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Growth Target: QuickLogic's CEO Brian C. Faith indicated that the company is making significant strides toward its goal of achieving 50% to 100% year-over-year revenue growth in 2026, with expectations that the new RadPro FPGA will contribute to revenue and profitability in the second half, reflecting confidence in future growth.
- New Product Progress: The company showcased its new RadPro FPGA development kit at the HEART Conference, having shipped multiple kits, with a low six-figure revenue contribution anticipated for Q2, although full evaluation is expected by the end of 2026, indicating that market acceptance may take time.
- Contract Developments: QuickLogic announced its fourth contract with Intel, with a total value nearing $2 million, serving as a foundation for larger contracts expected later, demonstrating the company's ongoing expansion in high-tech sectors and growing market demand.
- Financial Outlook: CFO Elias Nader noted that Q1 revenue was $5.1 million, below expectations, with Q2 revenue guidance set at $6 million, and a projected non-GAAP gross margin of 42%, reflecting the company's efforts in cost control and profitability enhancement.
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- Earnings Miss: QuickLogic reported a Q1 non-GAAP EPS of -$0.08, missing expectations by $0.03, indicating ongoing challenges in profitability that could undermine investor confidence.
- Weak Revenue Growth: Although revenue increased by 16.6% year-over-year to $5.05M, it fell short of expectations by $0.46M, reflecting insufficient market demand and heightened competitive pressures.
- Stock Price Reaction: Following the earnings report, QuickLogic's shares dropped 22% in after-hours trading, signaling strong investor dissatisfaction with the results, which may increase liquidity risks in the short term.
- Uncertain Future Outlook: With the upcoming quarterly report viewed as a make-or-break moment, QuickLogic must implement effective strategies to improve financial performance to restore market confidence and attract investor interest.
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- Earnings Forecast: Major companies including Oklo (OKLO), Franco-Nevada Corporation (FNV), Denison Mines Corp. (DNN), and Gladstone Investment Corporation (GAIN) are set to report earnings after Tuesday's close, which is expected to impact market dynamics.
- Wide Participation: In addition to the major players, up to 30 other companies, including Hyliion Holdings Corp. (HYLN), will also release earnings at the same time, indicating heightened market activity.
- Market Reaction Anticipation: Investors are adopting a cautious stance ahead of the earnings reports, particularly amid increasing economic uncertainty, which may lead to stock price volatility.
- Comprehensive Earnings Calendar: Seeking Alpha offers a complete earnings season calendar, assisting investors in tracking upcoming earnings releases to ensure they do not miss critical information.
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- Earnings Announcement Date: QuickLogic (QUIK) is set to release its Q1 2023 earnings report on May 12 after market close, with a consensus EPS estimate of -$0.05, reflecting a 28.6% year-over-year improvement, indicating potential profitability recovery.
- Revenue Expectations: Analysts forecast revenue of $5.51 million, representing a 27.3% year-over-year increase, suggesting strong sales momentum amid recovering market demand, which could lay a solid foundation for future performance.
- Historical Performance: Over the past two years, QuickLogic has beaten EPS and revenue estimates 50% of the time, demonstrating a degree of stability in financial forecasting that may bolster investor confidence ahead of the earnings release.
- Estimate Revision Dynamics: In the last three months, both EPS and revenue estimates have seen one upward and one downward revision, reflecting a cautious market sentiment regarding QuickLogic's future performance, which could influence investor decisions.
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- Technology Showcase: QuickLogic will showcase its EOS™ S3 SoC and eFPGA solutions at Sensors Converge 2026, Booth 1039, expected to attract significant developer interest in its ultra-low power sensor and voice-enabled systems' flexibility and market responsiveness.
- Product Features: The EOS™ S3 integrates low-power sound detection, an Arm® Cortex®-M4F processor, and embedded FPGA, enabling developers to implement custom hardware acceleration while minimizing power consumption, making it ideal for battery-operated and always-on applications.
- Event Dates: The event will take place on May 6 and 7, 2026, where QuickLogic will demonstrate how its technology can help developers accelerate time-to-market, addressing the demand for high-performance solutions in the industry.
- Company Background: QuickLogic is a fabless semiconductor company specializing in eFPGA Hard IP and radiation-hardened FPGAs, combining cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for aerospace, industrial, computing, and consumer markets.
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- Product Showcase: QuickLogic will present its EOS™ S3 SoC and eFPGA solutions at Sensors Converge 2026, located at Booth 1039, aiming to demonstrate to developers how to build ultra-low power sensor and voice-enabled systems, thereby accelerating time-to-market.
- Technical Highlights: The EOS™ S3 platform integrates low-power sound detection, an Arm® Cortex®-M4F processor, and embedded FPGA, enabling developers to implement custom hardware acceleration while minimizing power consumption, making it ideal for battery-operated and always-on applications.
- Exhibition Schedule: QuickLogic's booth will be open from May 6 to 7, 2026, with exhibit hours on May 6 from 10:00 AM to 5:30 PM and May 7 from 10:00 AM to 4:00 PM, attracting developers and tech enthusiasts from the industry.
- Company Background: QuickLogic is a fabless semiconductor company specializing in eFPGA Hard IP and radiation-hardened FPGAs, combining cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for aerospace, industrial, computing, and consumer markets.
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