QuickLogic revenue rises 48.7% to $5.5 million; GAAP net loss narrows
QuickLogic reported fiscal second-quarter 2026 revenue of $5.5 million, up 48.7% from a year earlier, and a GAAP net loss of $0.9 million, or $0.05 per share, versus a $2.7 million loss a year earlier. The results include a $950,000 gain on extinguishment of a vendor payable. CEO Brian Faith narrowed the full-year growth outlook to 70% to 80% and said the company is modeling non-GAAP profitability and positive cash flow for the second half of 2026.
Key points
- Revenue was $5.5 million, up 48.7% from Q2 2025 and up 8.5% from Q1 2026; new product revenue was about $4.7 million.
- GAAP net loss was $0.9 million ($0.05 per share), compared with a $2.7 million loss ($0.17 per share) in Q2 2025; it includes a $950,000 gain on extinguishment of a vendor payable.
- Non-GAAP net loss was $1.1 million ($0.06 per share), compared with $1.5 million ($0.09 per share) in Q2 2025.
- Full-year growth outlook narrowed to 70% to 80%; management expects non-GAAP profitability and positive cash flow in the second half of 2026.
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.