OverviewSuggest Edit

These silicon plus software solutions are called Customer Specific Standard Products(CSSPs). CSSPs enable our customers to bring their products to market more quickly and remain in the market longer, with the low power, cost and size demanded by the mobile and portable electronics market.

TypePublic
Founded1988
HQSan Jose, US
Websitequicklogic.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)81(-1%)
Revenue (FY, 2019)$10.3 M(-18%)
Share Price (Oct 2020)$3 (-1%)
Cybersecurity ratingBMore

Key People/Management at QuickLogic

Brian C. Faith

Brian C. Faith

President, CEO and Director
Timothy Saxe

Timothy Saxe

Senior VP of Engineering and CTO
Michael R. Farese

Michael R. Farese

Chairman
Rajiv Jain

Rajiv Jain

VP Worldwide Operations
Arturo Krueger

Arturo Krueger

Director
Donald Alexander

Donald Alexander

VP of Worldwide Sales
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QuickLogic Office Locations

QuickLogic has offices in San Jose, San Diego, Bengaluru, Minato City and in 3 other locations
San Jose, US (HQ)
2220 Lundy Ave
San Diego, US
10815 Rancho Bernardo Rd #370
Bengaluru, IN
Cessna Business Park Sarjapur - Marathahalli Outer Ring Road, Post, Kadubeesanahalli, Bellandur
Minato City, JP
2-chōme-2-15 Minamiaoyama
Seongnam-si, KR
Hwangsaeul-ro, Bundang-gu
Neihu District, TW
Lane 120, Section 1, Neihu Rd
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QuickLogic Financials and Metrics

QuickLogic Revenue

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QuickLogic's revenue was reported to be $10.31 m in FY, 2019
USD

Revenue (Q2, 2020)

2.2m

Gross profit (Q2, 2020)

1.0m

Gross profit margin (Q2, 2020), %

45.7%

Net income (Q2, 2020)

(3.0m)

EBIT (Q2, 2020)

(2.9m)

Market capitalization (16-Oct-2020)

33.5m

Closing stock price (16-Oct-2020)

3.0
QuickLogic's current market capitalization is $33.5 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015Y, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.9m26.1m27.8m19.0m11.4m12.1m12.6m10.3m

Revenue growth, %

7%(32%)(40%)

Cost of goods sold

7.9m17.3m16.8m11.4m7.6m6.6m6.3m4.4m

Gross profit

7.1m8.8m11.0m7.5m3.8m5.5m6.3m5.9m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

4.1m3.7m3.0m5.1m9.1m11.2m6.8m4.1m3.2m3.0m3.0m2.8m3.1m3.5m3.2m2.1m2.2m2.2m2.2m

Cost of goods sold

2.0m1.9m2.0m3.2m6.0m7.1m3.8m2.4m1.8m1.6m1.7m1.4m1.6m1.8m1.2m1.1m1.1m1.0m1.2m

Gross profit

2.0m1.7m1.0m1.9m3.0m4.1m3.0m1.8m1.4m1.4m1.3m1.4m1.5m1.7m2.0m1.0m1.0m1.1m1.0m

Gross profit Margin, %

50%48%34%38%33%36%44%43%43%46%43%50%49%50%62%49%48%52%46%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

22.6m37.4m30.1m19.1m14.9m14.9m26.4m21.4m

Accounts Receivable

1.2m3.3m1.6m78.6m2.2m2.0m

Prepaid Expenses

986.0k1.3m1.1m1.8m1.6m

Inventories

3.0m4.1m5.0m2.9m2.0m2.0m3.8m3.3m
USDQ2, 2013

Financial Leverage

1.1 x
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QuickLogic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

QuickLogic Online and Social Media Presence

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QuickLogic News and Updates

QuickLogic and Antmicro Partner to Bring Low Power Machine Learning to Endpoint IoT Devices

SAN JOSE, Calif., March 4, 2020 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, and Antmicro, a high-tech company focusing on introducing open technologies to modern edge...

QuickLogic Names OptimusLogic Authorized Design Partner for Embedded System and Software Development

SAN JOSE, Calif., Feb. 13, 2020 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that it has named OptimusLogic Systems in Bangalore, India an authorized design...

QuickLogic Announces Restructuring Plan to Reduce Operating Expenses in Order to Achieve Profitability Goals for Fiscal Year 2020

SAN JOSE, Calif., Jan. 28, 2020 / / -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced a restructuring plan that will significantly lower its annual operating expenses.read more

National Kaohsiung University of Science and Technology Signs Memorandum of Cooperation with QuickLogic Corporation to Promote AI Research

SAN JOSE, Calif., Oct. 1, 2019 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that it has signed an international memorandum of cooperation with the...

QuickLogic CEO to Participate in Panel Discussion on Bringing Silicon Back to Silicon Valley

SAN JOSE, Calif., Sept. 17, 2019 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and endpoint AI solutions, today announced that Brian Faith, CEO of QuickLogic, has been invited by ACG Silicon Valley...

QuickLogic to Participate in the Oppenheimer 22nd Annual Technology, Internet & Communications Conference

SAN JOSE, Calif., July 18, 2019 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, announced that members of its executive management team are scheduled to participate in the...
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QuickLogic Blogs

Why Open Source Ecosystems Make Good Business Sense

QuickLogic just announced that we have joined the Open Hardware Group (also known as OpenHW Group), an organization which describes itself as “a not-for-profit, global organization driven by its members and individual contributors where hardware and software designers collaborate in the development …

SensiML Joins Arm AI Partner Program

-­ Reinforces SensiML's commitment to AI-based IoT on Arm Cortex-A and Cortex-M processors -­ Delivers complete AI solution for development kits and devices from Arm licensees including STMicroelectronics, Nordic, NXP, QuickLogic and Raspberry Pi (Broadcom) ­- Complements Arm's ecosystem for on-chip…

QuickLogic to Participate in the H.C. Wainwright 22nd Annual Global Virtual Investment Conference

SAN JOSE, Calif., Aug. 27, 2020 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced that members of its executive management team are schedu…

SensiML Announces TinyML Integration for STMicroelectronics SensorTile.Box

- Adds SensiML support for ST's latest ready-to-use kit for wireless IoT and wearable prototyping - Create and deploy sensor algorithms with production-grade AI tools and worldwide support to ensure project success - Builds on previously announced joining of the STMicroelectronics Partner Program …

Monetizing Open Source

We unveiled our QuickLogic Open Reconfigurable Computing (QORC) initiative in a June press release and added some background in our blog post titled “Tipping Point”. With this bold step, QuickLogic is the first Programmable Logic company to provide full open-source access to FPGA design and verifica…

QuickLogic Joins CHIPS Alliance to Expand Open Source FPGA Efforts

- President and CEO Brian Faith to present at the virtual CHIPS Alliance Workshopon September 17 SAN JOSE, Calif., Aug. 11, 2020 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today…
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QuickLogic Frequently Asked Questions

  • When was QuickLogic founded?

    QuickLogic was founded in 1988.

  • Who are QuickLogic key executives?

    QuickLogic's key executives are Brian C. Faith, Timothy Saxe and Michael R. Farese.

  • How many employees does QuickLogic have?

    QuickLogic has 81 employees.

  • What is QuickLogic revenue?

    Latest QuickLogic annual revenue is $10.3 m.

  • What is QuickLogic revenue per employee?

    Latest QuickLogic revenue per employee is $127.3 k.

  • Who are QuickLogic competitors?

    Competitors of QuickLogic include Galil, ADSANTEC and Laurell Technologies.

  • Where is QuickLogic headquarters?

    QuickLogic headquarters is located at 2220 Lundy Ave, San Jose.

  • Where are QuickLogic offices?

    QuickLogic has offices in San Jose, San Diego, Bengaluru, Minato City and in 3 other locations.

  • How many offices does QuickLogic have?

    QuickLogic has 8 offices.