Filing Flows › Quicklogic (QUIK) › Q4 2024
Quicklogic (QUIK) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 26, 2025
Quicklogic (QUIK) reported revenue of $5.7M for the fourth quarter 2024 (Q4 2024), -24% from a year earlier and +35% from the quarter before. Operating margin was -4.0%, net loss $305K (5.4% of revenue).
Quicklogic, Q4 2024: revenue $5.7M (-24% year over year), operating margin -4.0%, net loss $305K, operating cash flow $116K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7M | +35% | -24% |
| Operating profit | −$226K | — | — |
| Net earnings | −$305K | — | — |
| Operating cash flow | $116K | — | -98% |
What changed
Revenue was $5.7M in Q4 2024, down 24% year over year and up 35% from the previous quarter. eFPGA Revenue was the largest line at 55% of revenue.
Gross margin was 62.7%, down 14.4 points from a year earlier. Operating costs exceeded revenue by $226K, an operating margin of -4.0%. Operating expenses grew 4% against a revenue fall of 24%. The fastest-growing cost line was Research & development (+16%). The quarter ended with a net loss of $305K, narrower than the previous quarter's $2.1M loss.
Operating cash flow was $116K (down 98% year over year). Non-cash charges added back $1.0M of depreciation and amortization and $925K of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Quicklogic's revenue in the fourth quarter 2024?
Quicklogic (QUIK) reported revenue of $5.7M for the fourth quarter 2024 (Q4 2024), -24% from a year earlier and +35% from the quarter before.
Was Quicklogic profitable in the fourth quarter 2024?
Operating loss was $226K (-4.0% of revenue) and net loss $305K.
Source: Quicklogic 10-K on SEC EDGAR.