QuickLogic Q3 2026: Revenue Doubled but Both Lines Missed Expectations
As seen on the 24/7 Wall St. homepage on November 10, 2026.
Revenue more than doubled from a year ago, and QuickLogic still missed on both lines, with new product sales slipping 13.2% from the June quarter. That sequential fade is driving the after-hours selling, and no quantitative guidance came with the report.
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QuickLogic reported Q3 2026 revenue of $5.14 million, missing expectations against the $5.51 million analyst estimate. The adjusted loss per share of $0.07 also came in short of the $0.05 consensus.
Total revenue surged 153.2% from a year ago, powered by the New Products segment, which includes eFPGA Hard IP and related professional services. GAAP gross margin also recovered sharply, reaching 37.4% versus negative 23.3% in Q3 2025, a reflection of the shift toward higher-value IP work.
Total revenue slipped 6.3% from Q2 2026, and New Products revenue fell quarter over quarter. That fade from the June quarter is what appears to be driving after-hours selling pressure, as investors weigh whether the year-over-year surge represents durable momentum or a lumpy, contract-dependent revenue stream.
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On the positive side, the company disclosed a six-figure eFPGA Hard IP design win targeting an automotive and industrial SoC on a 16nm process, covering applications in battery management, precision motor control, and robotics. CEO Brian Faith called it "a strong validation of our eFPGA technology" and cited continued progress on the U.S. strategic radiation-hardened FPGA program.
No quantitative guidance accompanied the report. Faith said the company "anticipates a strong finish to the year," but without a revenue or earnings target attached to that statement, investors are left to judge the trajectory on current-quarter data alone. The absence of a formal outlook adds uncertainty heading into Q4 2026.
Sources
Mentioned: QUIK