PR Newswire·Nov 10, 2026, 4:02 PM ET

QuickLogic Reports Fiscal Third Quarter 2026 Financial Results

QUIK

QuickLogic Corporation announced fiscal third quarter 2026 financial results for the period ended September 27, 2026.
The company secured a six-figure eFPGA Hard IP design win for an automotive industrial SoC targeting battery management, motor control, and robotics on 16nm process technology.
QuickLogic expanded its eFPGA IP portfolio with a new 12LP core featuring enhanced DSP capabilities, scalability beyond 250,000 LUTs, and optional configuration-bit health monitoring.
James Sullivan was appointed as Senior Vice President of Finance and Chief Financial Officer.
Total revenue from continuing operations for the quarter was $5.1 million, representing a 153.2% increase from the third quarter of 2025 and a 6.3% decrease from the second quarter of 2026.
New product revenue was approximately $4.0 million, an increase of 324.4% year-over-year and a 13.2% decrease quarter-over-quarter.
Mature product revenue was $1.1 million, matching the third quarter of 2025 and increasing from $0.8 million in the second quarter of 2026.
GAAP gross margin for the quarter was 37.4%, compared to a loss of 23.3% in the third quarter of 2025 and 43.9% in the second quarter of 2026.
Non-GAAP gross margin for the quarter was 41.0%, compared to a loss of 11.9% in the third quarter of 2025 and 46.8% in the second quarter of 2026.
GAAP operating expenses were $4.0 million, while non-GAAP operating expenses were $3.3 million.
GAAP net loss was $2.2 million, or $0.12 per share, compared to a net loss of $4.0 million in the prior year quarter and $0.9 million in the prior quarter.
Non-GAAP net loss was $1.3 million, or $0.07 per share, compared to a net loss of $3.2 million in the prior year quarter and $1.1 million in the prior quarter.
QuickLogic held a conference call on November 10, 2026, to discuss the financial results.
Cash and cash equivalents at September 27, 2026, were $19.199 million, while total stockholders' equity was $29.978 million.
The company's revenue by geography showed 85% from North America, 9% from Asia Pacific, and 6% from Europe for the quarter.

Company: QuickLogic Corporation
Keywords: QuickLogic Corporation