QuickLogic lands 16 nm automotive eFPGA win as revenue rises 153 per cent
Third-quarter revenue of 5.1 million US dollars, a narrower loss and a six-figure eFPGA Hard IP licence for an automotive and industrial SoC aimed at battery management and motor control.
QuickLogic published its results for the fiscal third quarter, which ended on 27 September 2026, on 10 November. Revenue was 5.1 million US dollars, up 153.2 per cent on the same quarter last year but 6.3 per cent lower than the previous quarter. New product revenue, which is where the eFPGA IP business sits, was about 4.0 million dollars, and mature product revenue was 1.1 million dollars. GAAP gross margin was 37.4 per cent, against a negative margin a year earlier, and the GAAP net loss narrowed to 2.2 million dollars, or 0.12 dollars per share. On a non-GAAP basis the loss was 1.3 million dollars.
The operational headline is a six-figure eFPGA Hard IP design win for an automotive and industrial SoC on a 16 nm process. The customer’s target applications are battery management, precision motor control and robotics. Chief executive Brian Faith called the win “a strong validation of our eFPGA technology”. The company gave no numeric guidance for the fourth quarter, saying only that it expects a strong finish to the year. The customer and the foundry were not named.
Why it matters
Embedded FPGA fabric inside an ASIC is a different product from a standalone FPGA, and QuickLogic is one of the few independent suppliers of it. An automotive win at 16 nm suggests car-part makers are willing to put reconfigurable logic into control SoCs, presumably so that motor control and battery monitoring algorithms can be updated after tape-out. The revenue scale is small, and the quarter-on-quarter decline shows how lumpy IP licensing is. The things to watch are whether the win converts to royalty volume and how the customer’s engineers will program the fabric.