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Quicklogic Corp. (QUIK)
NASDAQ:QUIK
Earnings Data
Report Date
May 19, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of near-term financial weakness and one-time/operational headwinds (Q4 revenue down 35% YoY, low gross margin, net loss, SensiML impairment and contract timing delays) but was heavy on strategic, technical, and contract-driven catalysts that materially improve the company’s addressable market and revenue prospects (notably the $13M tranche and potential $89M government program expansion, SRH test chip momentum, architectural PPA improvements, commercial validations such as Epson's 50% power reduction, multiple Intel 18A engagements, and planned MPW tape-outs). Management provided optimistic 2026 revenue growth targets (50%–100%), Q1 guidance implying ~50% sequential growth, and a path to improved margins and positive cash flow in H2. Given the breadth and size of the forward-looking commercial and government opportunities and recent capital actions, the strategic upside and catalysts outweigh the near-term financial headwinds.Company Guidance
U.S. Government Contract Tranche and Program Expansion
Awarded a $13.0M tranche that begins revenue recognition in Q1; prime U.S. government contract has expanded in scope and is described as a potential $89M program, which materially increases funded backlog and underpins near-term revenue and multi-year opportunity.
SRH (Strategic Radiation Hard) FPGA Test Chip and Dev Kit Demand
Delivered self-funded SRH FPGA test chip (GlobalFoundries 12LP), received samples in Q1 and has orders for SRH FPGA dev kits — positioning QuickLogic as a unique U.S.-fabricated supplier for full-spectrum radiation-hard FPGAs and signaling potential high-value storefront opportunities (management referenced 'hundreds of millions' of potential addressable storefront business).
Near-Term Revenue Upside and Q1 Guidance
Guidance for Q1 revenue of $5.5M ±10% (vs Q4 revenue $3.7M) implying nearly 50% sequential growth; expects $4.5M of new product revenue and $1.0M of mature product revenue in Q1, and models mature product revenue of approximately $4M for full-year 2026.
Technical and IP Momentum (Architectural Enhancements & Intel 18A)
Completed architectural enhancements (improved PPA: lower power, higher performance, reduced area) extensible to 12nm and smaller; completed a 1M LUT feasibility study and delivered multiple Intel 18A engagements — three smaller Intel 18A contracts delivered in 2025 totaling well over $1M with a fourth pending (approaching ~$2M total) and a larger commercial Intel 18A contract worth several million in late-stage discussion.
Commercial Validation and Power Efficiency Win (Epson & Idaho Scientific)
Epson case study integrating QuickLogic eFPGA Hard IP on TSMC e12n reported a 50% reduction in overall SoC power for the targeted functions; Idaho Scientific selected QuickLogic eFPGA Hard IP for hardware cryptographic solutions — evidence of traction beyond defense into commercial secure and low-power applications.
Storefront and Chiplet Program Progress
Planning three MPW tape-outs in 2026 to accelerate storefront offerings (costs for two tape-outs fully covered by customer contracts, third at least partially covered); completed digital chiplet proof-of-concept (POC), presented at Chiplet Summit, and scheduled presentation at Intel Foundry partners’ GOMAC, indicating partner interest and potential channel expansion for eFPGA chiplets and storefront sales.
Improved Near-Term Liquidity Actions
Ended Q4 with $18.8M total cash (inclusive of $15M credit facility) and raised approximately $3.2M via ATM in Q4; management is working to secure a new banking partner and reduce the line of credit from $20M to $10M to lower borrowing costs.
QUIK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QUIK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | $7.79 | ― | ― |
Nov 11, 2025 | $7.17 | $6.22 | -13.25% |
Aug 12, 2025 | $5.82 | $6.00 | +3.09% |
May 13, 2025 | $6.55 | $5.68 | -13.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Quicklogic Corp. (QUIK) report earnings?
Quicklogic Corp. (QUIK) is schdueled to report earning on May 19, 2026, After Close (Confirmed).
What is Quicklogic Corp. (QUIK) earnings time?
Quicklogic Corp. (QUIK) earnings time is at May 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QUIK EPS forecast?
QUIK EPS forecast for the fiscal quarter 2026 (Q1) is -0.05.