Quicklogic
QUIK on Nasdaq. QuickLogic sells programmable logic technology and design tools to chip and device makers. Market value $213m.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $-0.81 of spare cash in the past 12 months. A savings account pays about $4.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: 50 of 100. Price score: 0 of 100. Our list needs 70 on quality and 60 on price.
$11.49 a share, 118% above its 1-year low
Over the past year the price has ranged from $5.28 to $24.33.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
Spare cash swings from quarter to quarter here: a shortfall of $2 million in the past 12 months, a shortfall of $7 million in the year to December 2025.
| Revenue | |||||
| Revenue | $13m | $16m | $21m | $20m | $14m |
| Operating margin | |||||
| Operating margin | -59.3% | -23.5% | 0.3% | -12.8% | -86.5% |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | 0.08 | 0.12 | 0.13 |
| Shares outstanding | |||||
| Shares outstanding | 0.01bn | 0.01bn | 0.01bn | 0.02bn | 0.02bn |
Health checks
- Free cash flow positive0 of 5 years
- Accounting checksSkipped: company is not yet profitable
- Debt0.13× equity
- Revenue growth, five yearsSlow, 9.8% a year
- Buying back its own sharesNo, 40% more shares since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $5 million last quarter, up 49% on a year ago.
- A loss of $887,000, compared with a loss of $3 million a year ago.
- It loses 69 cents on each $1 of sales, compared with 33 cents a year earlier.
- Over the past 12 months it spent $2 million more cash than it brought in, compared with $6 million a year earlier.
- 14% more shares than a year ago. Each share owns a bit less of the company.
- It has $16 million more cash than debt, down from $17 million a year ago.
- Sales grew on a year ago in 2 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $4m |
| December 2024 | $6m |
| March 2025 | $4m |
| June 2025 | $4m |
| September 2025 | $2m |
| December 2025 | $4m |
| March 2026 | $5m |
| June 2026 | $5m |
| Quarter to | Amount |
|---|---|
| September 2024 | -$2m |
| December 2024 | -$305,000 |
| March 2025 | -$2m |
| June 2025 | -$3m |
| September 2025 | -$4m |
| December 2025 | -$6m |
| March 2026 | -$2m |
| June 2026 | -$887,000 |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 27 March 2026
- Next quarterly (estimated, 10-Q)
- 11 November 2026
Who owns it
None of the long-term investors we follow own it. 97 funds in all.
Largest holders overall
- BlackRock$21mAdded
- Vanguard Capital Management$14mAdded
- D. E. Shaw$12mAdded
- Geode Capital Management$9mAdded
- Royal Bank of Canada$7mCut
- State Street$6mAdded
- TWO Sigma Investments, LP$6mAdded
- Herald Investment Management$5mCut
- Perkins Capital Management$5mCut
- Millennium Management$4mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
2 investors own more than 5%.
- Andrews BenPassive investor6.7%+1.0 ptsSince 30 June 2025
- BlackRock, Inc.Passive investor5.8%+3.9 ptsSince 30 June 2026
- The Vanguard GroupPassive investorSold down below 5%Since 31 March 2025
| Holder | Stake | Since | |
|---|---|---|---|
Andrews Ben Passive investor | 6.7%+1.0 pts | 30 June 2025 | |
BlackRock, Inc. Passive investor | 5.8%+3.9 pts | 30 June 2026 | |
The Vanguard Group Passive investor | Sold down below 5% | 31 March 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 6 sold $2m, $175,577 of it under preset trading plans.
- Nader EliasCFO, SVP FINANCESold
- Date
- 17 September 2026
- Shares
- 8,291
- Price
- $10.21
- Value
- $84,680
- Faith Brian CPRESIDENT AND CEO, DirectorSold
- Date
- 17 September 2026
- Shares
- 17,255
- Price
- $10.21
- Value
- $176,234
- SAXE TIMOTHYSR. VP AND CTOSold
- Date
- 17 September 2026
- Shares
- 10,364
- Price
- $10.21
- Value
- $105,853
- TAUSS GARY HDirectorSoldunder a preset trading plan
- Date
- 15 September 2026
- Shares
- 1,500
- Price
- $10.44
- Value
- $15,660
- Nader EliasCFO, SVP FINANCESold
- Date
- 10 September 2026
- Shares
- 12,152
- Price
- $10.80
- Value
- $131,217
- Faith Brian CPRESIDENT AND CEO, DirectorSold
- Date
- 10 September 2026
- Shares
- 25,292
- Price
- $10.80
- Value
- $273,103
- SAXE TIMOTHYSR. VP AND CTOSold
- Date
- 10 September 2026
- Shares
- 15,190
- Price
- $10.80
- Value
- $164,022
- Kim JoyceDirectorSold
- Date
- 20 May 2026
- Shares
- 5,500
- Price
- $20.00
- Value
- $110,000
- Faith Brian CPRESIDENT AND CEO, DirectorSold
- Date
- 20 May 2026
- Shares
- 41,480
- Price
- $20.45
- Value
- $848,266
- TAUSS GARY HDirectorSold
- Date
- 18 May 2026
- Shares
- 2,195
- Price
- $19.20
- Value
- $42,144
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 17 September 2026 | Nader Elias CFO, SVP FINANCE | Sold | 8,291 | $10.21 | $84,680 |
| 17 September 2026 | Faith Brian C PRESIDENT AND CEO, Director | Sold | 17,255 | $10.21 | $176,234 |
| 17 September 2026 | SAXE TIMOTHY SR. VP AND CTO | Sold | 10,364 | $10.21 | $105,853 |
| 15 September 2026 | TAUSS GARY H Director | Sold under a preset trading plan | 1,500 | $10.44 | $15,660 |
| 10 September 2026 | Nader Elias CFO, SVP FINANCE | Sold | 12,152 | $10.80 | $131,217 |
| 10 September 2026 | Faith Brian C PRESIDENT AND CEO, Director | Sold | 25,292 | $10.80 | $273,103 |
| 10 September 2026 | SAXE TIMOTHY SR. VP AND CTO | Sold | 15,190 | $10.80 | $164,022 |
| 20 May 2026 | Kim Joyce Director | Sold | 5,500 | $20.00 | $110,000 |
| 20 May 2026 | Faith Brian C PRESIDENT AND CEO, Director | Sold | 41,480 | $20.45 | $848,266 |
| 18 May 2026 | TAUSS GARY H Director | Sold | 2,195 | $19.20 | $42,144 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the serious warning signs we check for were found. 1 thing worth knowing.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 27 Mar 2026, plus the 10-Q filed 12 Aug 2026 and 5 later 8-Ks.
One big customer
Worth knowingOne customer brings in a big share of sales: 44% last year. Losing that customer would hurt.
“One customer represented approximately 44% and another customer represented approximately 11% of our total revenue from continuing operations for the year ended December 28, 2025.”
From the 10-K filed 27 March 2026, Item 1. Business. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.