QUICKLOGIC Corp
QUICKLOGIC Corp designs and sells programmable logic solutions, including eFPGA intellectual property, hardware products, and related professional services. The company is headquartered in San Jose, California and supports customers through sales operations and representatives in North America, Europe, and Asia.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueLicenses and engineering services for embedded FPGA implementations and customer integration.
New semiconductor hardware products built on 180nm or smaller processes.
Legacy silicon devices produced on processes larger than 180nm.
Products
Reported · share of revenue- e FPGAIP68.8 %
- Mature Products24.0 %
- Hardware Products7.2 %
Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.
Customers
QuickLogic sells through distributors in North America and through a mix of distributors and sales representatives in Europe and Asia, while eFPGA IP customers typically contract directly with the company. Its customer base includes defense, aerospace, industrial, IoT, system OEM, and fabless semiconductor buyers that need programmable logic, low-power flexibility, and faster time-to-market. Mature silicon products are also sold to established industrial and defense customers that continue to use existing platforms.
Buy programmable logic and eFPGA-based solutions for defense electronics and secure applications.
Purchase solutions that support government and defense procurement needs.
Integrate eFPGA IP and hardware into custom systems to improve flexibility and time-to-market.
License eFPGA IP for differentiated chip designs and platform customization.
Buy mature silicon products for installed-base and long-life applications.
Strategy
QuickLogic is focused on eFPGA IP licensing and professional services, with development, sales, and marketing resources concentrated on that offering. The company also continues to support mature silicon products for aerospace, defense, industrial, and IoT customers, preserving relationships with installed-base users while expanding programmable logic adoption.
Licensing is the company's main differentiated offering and central to its business model.
Services help customers implement embedded FPGA solutions and deepen customer relationships.
Legacy silicon products preserve revenue from aerospace, industrial, and IoT customers.
Geography
Q1/2026QuickLogic is headquartered in San Jose, California and operates international sales functions in Japan and the United Kingdom. Its commercial reach spans North America, Europe, and Asia through distributors and sales representatives, which broadens access to regional customers and supports export-oriented semiconductor sales.
Share of the revenue the company reports by geography.
Risks
QuickLogic depends on a concentrated set of semiconductor end markets, distributor channels, and customer adoption of eFPGA IP, which can make revenue uneven from quarter to quarter. The business also faces typical semiconductor risks such as design-win timing, product obsolescence, inventory valuation, and competition from alternative programmable and custom silicon solutions.
Licensing revenue depends on customers choosing embedded FPGA architectures and completing integration projects.
Exposure: eFPGA IP licensing and professional services
Semiconductor products can become obsolete quickly, requiring write-downs if demand weakens or technology shifts.
Exposure: Mature silicon products and hardware inventory
A large share of product sales flows through distributors, so channel execution affects bookings and revenue recognition timing.
Defense, aerospace, industrial, and IoT customers often have long design cycles and uneven ordering patterns.
Exposure: Strategic accounts and mature product base
Accounting
Judgemental itemsThe company sells direct IP licenses, professional services, and distributor-based hardware, each of which can have different recognition timing.
Impact: Quarterly revenue and contract asset balances
Semiconductor inventory can become excess or obsolete if demand shifts or products age out.
Impact: Cost of revenue and write-down risk
Management must test whether acquired or capitalized assets remain recoverable under changing demand conditions.
Impact: Potential non-cash impairment charges
The San Jose headquarters lease affects right-of-use assets and lease liabilities.
Impact: Balance sheet and operating expense presentation
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Last updated: 24/09/2026