Filing Flows › Quicklogic (QUIK) › Q1 2025
Quicklogic (QUIK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Quicklogic (QUIK) reported revenue of $4.3M for the first quarter 2025 (Q1 2025), -24% from a year earlier and -24% from the quarter before. Operating margin was -45.8%, net loss $2.2M (50.7% of revenue).
Quicklogic, Q1 2025: revenue $4.3M (-24% year over year), operating margin -45.8%, net loss $2.2M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3M | -24% | -24% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | −$2.1M | -1933% | — |
What changed
Revenue was $4.3M in Q1 2025, down 24% year over year and down 24% from the previous quarter. eFPGA IP was the largest line at 84% of revenue. Mature Products lost $553K year over year (down 49%), 41% of the total change.
Gross margin was 43.4%, down 23.7 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -45.8%. Operating expenses grew 5% against a revenue fall of 24%. The quarter ended with a net loss of $2.2M, wider than the previous quarter's $305K loss.
Operating cash flow was −$2.1M. Non-cash charges added back $1.0M of depreciation and amortization and $903K of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$3.5M.
Questions
What was Quicklogic's revenue in the first quarter 2025?
Quicklogic (QUIK) reported revenue of $4.3M for the first quarter 2025 (Q1 2025), -24% from a year earlier and -24% from the quarter before.
Was Quicklogic profitable in the first quarter 2025?
Operating loss was $2.0M (-45.8% of revenue) and net loss $2.2M.
Source: Quicklogic 10-Q on SEC EDGAR.