--- title: "QuickLogic | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 5.051 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286152076.md" datetime: "2026-05-12T20:23:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286152076.md) - [en](https://longbridge.com/en/news/286152076.md) - [zh-HK](https://longbridge.com/zh-HK/news/286152076.md) --- # QuickLogic | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 5.051 M Revenue: As of FY2026 Q1, the actual value is USD 5.051 M, missing the estimate of USD 5.508 M. EPS: As of FY2026 Q1, the actual value is USD -0.13. EBIT: As of FY2026 Q1, the actual value is USD -2.151 M. ### Total Revenue QuickLogic Corporation (快辑半导体) reported total revenue from continuing operations of $5.1 million for the first quarter of fiscal 2026, marking a 16.8% increase compared to Q1 2025 ($4.325 million) and a 35.3% increase compared to Q4 2025 ($3.733 million). #### Segment Revenue - **New Product Revenue**: New product revenue from continuing operations was approximately $4.3 million in Q1 2026, an increase of 14.5% from Q1 2025 ($3.8 million) and a 50.7% increase from Q4 2025 ($2.9 million). - **Mature Product Revenue**: Mature product revenue from continuing operations was $0.8 million in Q1 2026, compared to $0.6 million in Q1 2025 and $0.9 million in Q4 2025. ### Gross Margin - **GAAP Gross Margin**: GAAP gross margin from continuing operations was 36.5% in Q1 2026, compared with 43.4% in Q1 2025 and 18.1% in Q4 2025. - **Non-GAAP Gross Margin**: Non-GAAP gross margin from continuing operations was 39.6% in Q1 2026, compared with 45.6% in Q1 2025 and 20.8% in Q4 2025. ### Operating Expenses - **GAAP Operating Expenses**: GAAP operating expenses from continuing operations were $4.0 million in Q1 2026, compared with $3.9 million in Q1 2025 and $4.2 million in Q4 2025. - **Non-GAAP Operating Expenses**: Non-GAAP operating expenses from continuing operations were $3.2 million in Q1 2026, compared with $3.0 million in Q1 2025 and $3.5 million in Q4 2025. ### Operating Income (Loss) - **GAAP Operating Loss**: GAAP operating loss was - $2,118 thousand in Q1 2026, compared to an operating loss of - $1,981 thousand in Q1 2025 and - $3,489 thousand in Q4 2025. - **Non-GAAP Operating Loss**: Non-GAAP operating loss was - $1,249 thousand in Q1 2026, compared to an operating loss of - $991 thousand in Q1 2025 and - $2,745 thousand in Q4 2025. ### Net Income (Loss) - **GAAP Net Loss**: GAAP net loss was - $2.2 million in Q1 2026, compared with a net loss of - $2.2 million in Q1 2025, and a net loss of - $5.9 million in Q4 2025. - **Non-GAAP Net Loss**: Non-GAAP net loss was - $1.3 million in Q1 2026, compared with a net loss of - $1.1 million in Q1 2025, and a net loss of - $2.8 million in Q4 2025. ### Balance Sheet Highlights (as of March 29, 2026) - **Cash, Cash Equivalents and Restricted Cash**: QuickLogic Corporation (快辑半导体) held $6,047 thousand as of March 29, 2026, a decrease from $18,840 thousand as of December 28, 2025. - **Total Current Assets**: Total current assets were $11,181 thousand as of March 29, 2026, down from $24,223 thousand as of December 28, 2025. - **Total Liabilities**: Total liabilities were $8,136 thousand as of March 29, 2026, significantly lower than $22,337 thousand as of December 28, 2025, primarily due to the reduction in the revolving line of credit from $15,000 thousand to $0. ### Operational Metrics (Revenue by Geography) - **Asia Pacific Revenue**: This region accounted for 10% of total revenue in Q1 2026, an increase from 8% in Q1 2025 and consistent with 10% in Q4 2025, with revenue changes of 37% (Q1 2026 to Q1 2025) and 35% (Q1 2026 to Q4 2025). - **North America Revenue**: This region represented 88% of total revenue in Q1 2026, down from 90% in Q1 2025 but up from 81% in Q4 2025, with revenue changes of 15% (Q1 2026 to Q1 2025) and 48% (Q1 2026 to Q4 2025). - **Europe Revenue**: This region contributed 2% of total revenue in Q1 2026, consistent with 2% in Q1 2025 but down from 9% in Q4 2025, showing revenue changes of 9% (Q1 2026 to Q1 2025) and -75% (Q1 2026 to Q4 2025). ### Outlook / Guidance QuickLogic Corporation (快辑半导体) expects to leverage investments in Intel 18A technology and its internally funded RadPro™ FPGA to drive progress in 2026. 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