NASDAQ$QUIK

Quicklogic Corp · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

QuickLogic reported a net loss for the first quarter of fiscal 2025 amid revenue declines.

QuickLogic experienced a significant drop in revenue and swung to a net loss in Q1 2025, attributed primarily to timing delays in large eFPGA IP contracts. Despite the decline, the company strengthened its market position by delivering Intel 18A eFPGA Hard IP and expanding design wins.

  • Revenue declined to $4.3M, primarily due to timing of eFPGA IP contract awards.
  • Net loss widened to $2.2M, reversing a profit in Q1 2024.
  • Non-GAAP EPS was ($0.07) compared to $0.12 a year ago.
  • Delivered first-ever eFPGA Hard IP for Intel 18A, positioning for future growth.

Headline financials

Total Revenue

$4.33M

Previous: $6.01M-28.0%
EPS (adj)

-$0.07

Previous: $0.01-800.0%
GAAP Gross Margin

43.4%

Previous: 67.1%-35.3%
Non-GAAP Gross Margin

45.6%

Previous: 72.4%-37.0%
Capital Expenditures

-$1.35M

Previous: -$94K-1335.1%
Net Income

-$2.19M

Previous: $108K-2128.7%
Operating Income

-$1.98M

Previous: $173K-1245.1%
Gross Profit

$1.88M

Previous: $3.98M-52.9%

Revenue & EPS history

Quicklogic · Revenue · Quarterly

$4.33M

Q1 2025-28%vs Q1 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Quicklogic · $6.7M total across 2 segments · Q3 2023

  • New Products
    $6.1M+165.2%
  • Mature Products
    $600K-53.8%

Forward guidance

QuickLogic anticipates building momentum through strategic design wins and unique IP offerings, though near-term financials may remain pressured.

Tailwinds

  • Delivered first eFPGA Hard IP for Intel 18A Test Chip.
  • Partnership with Faraday Technologies via FlashKit™-22RRAM.
  • Awarded $1.4M incremental funding for radiation-hardened program.
  • Extended $20M credit facility to enhance operational flexibility.
  • Increased interest from USMAG and commercial clients for Intel 18A-based designs.

Headwinds

  • Significant revenue decline due to timing of contract awards.
  • Net loss deepened compared to prior year and prior quarter.
  • Gross margin dropped significantly YoY and QoQ.
  • Operating expenses increased from both prior year and prior quarter.
  • Uncertainty around revenue timing from large eFPGA contracts remains.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.1%

Avg return

Earnings day

-3.4%

Avg return

5 days after

-1.9%

Avg return

30 days after

34%

21 / 61 earnings

Positive

+36.9%

Q2 2015

Best reaction

-25.0%

Q4 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+14.5%-3.1%+14.6%
Q4 2025+13.7%+10.0%+27.7%
Q3 2025-13.0%-17.0%-12.4%
Q1 2025-12.8%-14.0%-13.3%
Q4 2024+10.9%-14.1%-18.8%
Q3 2024-7.9%-12.2%-4.6%
Q2 2024-7.0%-0.8%-14.9%
Q1 2024-3.0%-4.3%-5.5%
Q4 2023+21.2%+25.1%+24.0%
Q3 2023+5.3%+13.4%+32.1%
Q2 2023+15.8%+4.7%+14.3%
Q1 2023+7.6%+8.0%+39.3%
Q4 2022+2.2%+3.1%+3.9%
Q3 2022-7.1%-8.6%-27.0%
Q2 2022-4.0%-10.3%-15.7%
Q1 2022-4.2%-2.7%+23.2%
Q4 2021-2.4%-6.2%-7.5%
Q3 2021-6.9%-18.9%-32.3%
Q2 2021+13.4%+9.0%+25.6%
Q1 2021-7.7%+1.2%+10.3%
Q3 2020-4.2%-3.9%+13.3%
Q2 2020-12.5%-8.7%-24.8%
Q1 2020-4.0%+3.1%+17.3%
Q4 2019-12.5%-10.7%-53.6%
Q3 2019-18.9%-21.6%-8.1%
Q2 2019-15.6%-26.7%-20.0%
Q1 2019-1.2%-1.2%-12.2%
Q4 2018-13.5%-14.4%-26.9%
Q3 2018-3.8%+0.0%-9.6%
Q2 2018+2.7%+0.0%-6.3%
Q1 2018+2.7%+16.7%-22.7%
Q4 2017-6.6%-6.1%-16.2%
Q3 2017+12.7%+3.2%-3.2%
Q2 2017-5.8%-6.5%+18.7%
Q1 2017-5.0%-12.5%-23.1%
Q4 2016-3.1%+2.5%+43.6%
Q3 2016-4.9%+1.2%+9.8%
Q2 2016-5.1%-4.0%-12.1%
Q1 2016-15.2%
Q4 2015+14.9%
Q3 2015-5.3%
Q2 2015+36.9%
Q1 2015-13.7%
Q4 2014-25.0%
Q3 2014-4.1%
Q2 2014-15.4%
Q1 2014-21.0%
Q4 2013+1.1%
Q3 2013+0.5%
Q2 2013+3.9%
Q1 2013-3.9%
Q4 2012+8.0%
Q3 2012-10.9%
Q2 2012-9.6%
Q4 2010-2.8%
Q1 2012+6.2%
Q3 2011-6.1%
Q4 2011+4.0%
Q2 2011+4.0%
Q1 2011-0.3%
Q1 2010-5.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro