What is QuickLogic's contract assets?

QuickLogic (QUIK) reported contract assets of $1.18M in Q1 2026.

How has QuickLogic's contract assets changed year-over-year?

QuickLogic's contract assets decreased by 71.4% year-over-year, from $4.13M to $1.18M.

What is the long-term trend for QuickLogic's contract assets?

Over 4 years (2021 to 2025), QuickLogic's contract assets has grown at a -7.4% compound annual growth rate (CAGR), from $295K to $217K.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

QuickLogic QUIK Contract Assets

Contract Assets at other companies

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$13.78M-8.7%

Mercury SystemsMRCY

$278.48M-8.4%

KLA CorporationKLAC

——

Broadcom Inc.AVGO

——

Segments

By product

See full

Efpga Ip And Professional Services$1.2M—

Other financials

Income statement

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Revenue$5.1M+16.8%

Gross profit$2.4M-53.5%

Operating income-$1.9M-245%

Net income-$2.2M-0.7%

EPS (diluted)-$0.14-275%

Balance sheet

See full

Cash & equivalents$6.0M-65.5%

Total debt$1.8M+16.5%

Total equity$24.3M-7.8%

Total assets$32.4M-34.0%

Cash flow

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Operating cash flow$721.0K+134%

CapEx$658.0K-51.2%

Free cash flow$63.0K+102%

Valuation

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Market cap$326.3M+249%

Enterprise value$322.08M+316%

P/S22.5×+17.4×

Profitability

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Gross margin65.1%+4.2pp

Operating margin-5%-2.1pp

Net margin-102.3%-198pp

FCF margin-19.9%-7.4pp

Returns & leverage

See full

Return on equity-58.7%-242pp

Debt / equity0.1×0.0×

Current ratio1.7×+0.5×

Where this comes from

Reported directly by QuickLogic in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: QuickLogic’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is QuickLogic's contract assets?: QuickLogic (QUIK) reported contract assets of $1.18M in Q1 2026.
How has QuickLogic's contract assets changed year-over-year?: QuickLogic's contract assets decreased by 71.4% year-over-year, from $4.13M to $1.18M.
What is the long-term trend for QuickLogic's contract assets?: Over 4 years (2021 to 2025), QuickLogic's contract assets has grown at a -7.4% compound annual growth rate (CAGR), from $295K to $217K.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.