QuickLogic Reports Q2 Revenue Up 49%, Narrows Full-Year Growth Outlook to 70-80%

summarizeSummary

QuickLogic reported fiscal Q2 2026 revenue of $5.5 million, up 48.7% year-over-year, and narrowed its full-year growth outlook to 70-80%. The company expects non-GAAP profitability and positive cash flow in the second half of 2026.

check_boxKey Events · Earnings and Guidance · QUIK

• Revenue Surges 49% YoY

  Fiscal Q2 2026 revenue reached $5.5 million, up 48.7% from $3.7 million in Q2 2025, driven by new product revenue of $4.7 million (+59.7% YoY).

• Full-Year Growth Outlook Narrowed to 70-80%

  Management tightened its full-year revenue growth guidance to a range of 70% to 80%, reflecting confidence in the second-half pipeline.

• Path to Profitability in H2 2026

  The company expects to achieve non-GAAP profitability and cash flow positive operations in the second half of 2026, a key milestone for the turnaround.

• Losses Narrow Significantly

  GAAP net loss improved to ($0.9 million) or ($0.05) per share, compared to ($2.7 million) or ($0.17) per share a year ago, aided by a $950K gain on extinguishment of vendor payable.

auto_awesomeAnalysis · QUIK · Manufacturing

A 49% year-over-year revenue surge to $5.5 million, fueled by a 60% jump in new product revenue, underscores QuickLogic's strengthening position. The company narrowed its full-year growth outlook to 70-80% and signaled a pivotal shift by projecting non-GAAP profitability and positive cash flow in the second half of 2026. Although a net loss persists, the trajectory is unmistakably improving, and the balance sheet holds $18.5 million in cash against a reduced $5 million credit line draw. This report validates the turnaround narrative and charts a clear course to profitability, making it a noteworthy event for investors.