QUIK
QuickLogic Corporation

QuickLogic CorporationQUIK

Technology · Semiconductors
8.05USD
+9.67%
Nov 08, 2026
QUIK overview ready
Supplier of ruggedized eFPGA and programmable logic for defense systems
QuickLogic supplies eFPGA hard IP, ruggedized discrete FPGAs, and strategic radiation-hardened/antifuse programmable-logic solutions for adaptable, trusted hardware functions in defense, aerospace, and other mission-critical systems.
Primary theme is lagging
Edge AI & Embedded Processors is lagging (-14.1pp vs SPY over 21 sessions; 1 of 5 members ahead of SPY).
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Unremarkable fundamentals
Primary risk
Declining revenue growth and negative operating margins.
Market Nov 6Filing Jun 28Price action Nov 7Research Sep 23

Conviction Level

PriceAction3.4BusinessPerformance7.0BusinessQuality—Valuation3.2ThemeMomentum1.0Improving — Revenue growth has accelerated across 4 consecutive quarters, rising from -52% to +49% year over year. Reported earnings improved faster than operating income, so most of the improvement did not come from operations. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−14.1pp
Theme return
−19.1%
Beating SPY
1 of 5
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$147.5M
Avg Volume (60D)
206.2K
60 sessions
Revenue Growth YoY
-29.9%
FY2026 vs FY2025
Gross Margin
+27.3%
Trailing twelve months
Operating Margin
-69.0%
Trailing twelve months
Free Cash Flow Yield
-0.8%
Distance from 200DMA
-36.4%
Next Earnings
2026-11-10
P/E
N/M
EV / Sales
8.1x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 28, 2026
Filed balance-sheet data as of Jun 28, 2026

Business Performance

Improving

Revenue growth has accelerated across 4 consecutive quarters, rising from -52% to +49% year over year. Reported earnings improved faster than operating income, so most of the improvement did not come from operations.

Latest reported: Q2 FY2026, ended Jun 28
Revenue growthAccelerating
+49%
$5.5M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. -52%
  2. -34%
  3. +17%
  4. +49%
Earnings growthLoss narrowing
-$0.05
Diluted EPS -$0.05 vs -$0.17 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
-31.3%
+37.1 pp YoY · gross margin 43.9% (+18.0 pp)
Earnings improved more than operations did
The share count is rising

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
QuickLogic Corporation has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

What changed

  • QUIK rose 9.7% in one session
    QUIK closed +9.7% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
QuickLogic supplies eFPGA hard IP, ruggedized discrete FPGAs, and strategic radiation-hardened/antifuse programmable-logic solutions for adaptable, trusted hardware functions in defense, aerospace, and other mission-critical systems.
Opportunity
High opportunity
Defense procurement and industrial-base investment in trusted, ruggedized, mission-critical electronics, programmable logic, sensing, and compute components for aerospace, strategic systems, electronic warfare, and other long-lifecycle platforms.
Key risk
Declining revenue growth and negative operating margins.

Economic classification

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Business & Markets

Technology · Semiconductors
What they do

QuickLogic Corporation is a fabless semiconductor company that designs and licenses embedded FPGA intellectual property and develops specialized FPGA devices, along with AI/ML sensor algorithm solutions for various applications.

How it earns

The company generates revenue primarily through IP licensing, product sales of discrete FPGA devices, and related development tools and professional services.

Products & services
Embedded FPGA (eFPGA) IP licensing
Discrete FPGA devices
AI/ML sensor algorithm solutions
Development tools and software
Customers & end markets
Defense and aerospace contractors
Industrial and mission-critical systems manufacturers
Market position

Niche player specializing in ruggedized and radiation-hardened FPGA solutions for mission-critical defense and aerospace markets.

Demand drivers
Medium cyclicality

Revenue is influenced by defense procurement cycles and industrial investment in long-lifecycle electronics.