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Side-by-side financial comparison of QUICKLOGIC Corp (QUIK) and Soluna Holdings, Inc (SLNH). Click either name above to swap in a different company.
Soluna Holdings, Inc is the larger business by last-quarter revenue ($8.4M vs $5.7M, roughly 1.5× QUICKLOGIC Corp). QUICKLOGIC Corp runs the higher net margin — -5.4% vs -284.7%, a 279.3% gap on every dollar of revenue. On growth, Soluna Holdings, Inc posted the faster year-over-year revenue change (11.8% vs -24.1%). QUICKLOGIC Corp produced more free cash flow last quarter ($-1.2M vs $-6.8M). Over the past eight quarters, QUICKLOGIC Corp's revenue compounded faster (17.2% CAGR vs -8.8%).
QuickLogic Corp is a fabless semiconductor company developing low-power customizable FPGAs, embedded FPGA IP, and edge sensor processing solutions. Its offerings serve global wearables, IoT, mobile electronics, and industrial markets, enabling energy-efficient low-latency on-device processing for edge AI and sensing use cases.
QUIK vs SLNH — Head-to-Head
Income Statement — Q4 FY2024 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.7M | $8.4M |
| Net Profit | $-305.0K | $-24.0M |
| Gross Margin | 62.7% | 9.5% |
| Operating Margin | 2.6% | -92.5% |
| Net Margin | -5.4% | -284.7% |
| Revenue YoY | -24.1% | 11.8% |
| Net Profit YoY | -114.9% | -233.2% |
| EPS (diluted) | $-0.02 | $-1.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q3 25 | — | $8.4M | ||
| Q2 25 | — | $6.2M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | $5.7M | $8.3M | ||
| Q3 24 | $4.2M | $7.5M | ||
| Q2 24 | $4.1M | $9.7M | ||
| Q1 24 | $5.7M | $12.5M | ||
| Q4 23 | $6.7M | $10.1M |
| Q3 25 | — | $-24.0M | ||
| Q2 25 | — | $-7.4M | ||
| Q1 25 | — | $-7.6M | ||
| Q4 24 | $-305.0K | $-40.0M | ||
| Q3 24 | $-2.1M | $-7.2M | ||
| Q2 24 | $-1.6M | $-10.9M | ||
| Q1 24 | $108.0K | $-5.3M | ||
| Q4 23 | $1.2M | $-6.7M |
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | 62.7% | -360.8% | ||
| Q3 24 | 59.1% | -39.1% | ||
| Q2 24 | 54.7% | 34.6% | ||
| Q1 24 | 67.1% | 45.4% | ||
| Q4 23 | 76.9% | 42.4% |
| Q3 25 | — | -92.5% | ||
| Q2 25 | — | -107.6% | ||
| Q1 25 | — | -120.9% | ||
| Q4 24 | 2.6% | -426.0% | ||
| Q3 24 | -38.1% | -119.8% | ||
| Q2 24 | -29.3% | -38.0% | ||
| Q1 24 | 2.3% | 3.2% | ||
| Q4 23 | 19.2% | -23.9% |
| Q3 25 | — | -284.7% | ||
| Q2 25 | — | -119.9% | ||
| Q1 25 | — | -127.3% | ||
| Q4 24 | -5.4% | -483.8% | ||
| Q3 24 | -49.8% | -95.5% | ||
| Q2 24 | -37.8% | -112.4% | ||
| Q1 24 | 1.9% | -41.9% | ||
| Q4 23 | 17.9% | -66.2% |
| Q3 25 | — | $-1.14 | ||
| Q2 25 | — | $-0.93 | ||
| Q1 25 | — | $-1.21 | ||
| Q4 24 | $-0.02 | $-7.14 | ||
| Q3 24 | $-0.14 | $-1.56 | ||
| Q2 24 | $-0.11 | $-3.62 | ||
| Q1 24 | $0.01 | $-2.62 | ||
| Q4 23 | $0.08 | $-1.99 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $3.1M | $13.3M |
| Stockholders' EquityBook value | $24.9M | $14.5M |
| Total Assets | $51.9M | $152.0M |
| Debt / EquityLower = less leverage | 0.12× | 0.92× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $13.3M | ||
| Q2 25 | — | $10.0M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | $3.1M | $7.1M | ||
| Q3 24 | $3.4M | $8.1M | ||
| Q2 24 | $1.2M | $9.0M | ||
| Q1 24 | $1.4M | — | ||
| Q4 23 | — | — |
| Q3 25 | — | $14.5M | ||
| Q2 25 | — | $-19.5M | ||
| Q1 25 | — | $-16.1M | ||
| Q4 24 | $24.9M | $-12.5M | ||
| Q3 24 | $20.9M | $20.9M | ||
| Q2 24 | $21.8M | $24.4M | ||
| Q1 24 | $22.2M | $21.5M | ||
| Q4 23 | $14.0M | $26.5M |
| Q3 25 | — | $152.0M | ||
| Q2 25 | — | $92.0M | ||
| Q1 25 | — | $90.0M | ||
| Q4 24 | $51.9M | $88.0M | ||
| Q3 24 | $49.7M | $97.3M | ||
| Q2 24 | $47.5M | $98.7M | ||
| Q1 24 | $51.9M | $90.6M | ||
| Q4 23 | $36.5M | $91.3M |
| Q3 25 | — | 0.92× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.16× | 0.39× | ||
| Q2 24 | 0.06× | 0.37× | ||
| Q1 24 | 0.06× | — | ||
| Q4 23 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $116.0K | $-2.2M |
| Free Cash FlowOCF − Capex | $-1.2M | $-6.8M |
| FCF MarginFCF / Revenue | -20.6% | -81.4% |
| Capex IntensityCapex / Revenue | 22.6% | 55.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-5.4M | $-34.4M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $-2.2M | ||
| Q2 25 | — | $-1.1M | ||
| Q1 25 | — | $-177.0K | ||
| Q4 24 | $116.0K | $-5.1M | ||
| Q3 24 | $-16.0K | $61.0K | ||
| Q2 24 | $-220.0K | $-7.3M | ||
| Q1 24 | $147.0K | $3.9M | ||
| Q4 23 | $130.0K | $1.4M |
| Q3 25 | — | $-6.8M | ||
| Q2 25 | — | $-9.7M | ||
| Q1 25 | — | $-4.0M | ||
| Q4 24 | $-1.2M | $-13.9M | ||
| Q3 24 | $-83.0K | $-3.4M | ||
| Q2 24 | $-4.2M | $-7.6M | ||
| Q1 24 | $62.0K | $3.3M | ||
| Q4 23 | $-1.5M | $1.2M |
| Q3 25 | — | -81.4% | ||
| Q2 25 | — | -156.8% | ||
| Q1 25 | — | -67.1% | ||
| Q4 24 | -20.6% | -168.3% | ||
| Q3 24 | -2.0% | -44.8% | ||
| Q2 24 | -102.2% | -78.2% | ||
| Q1 24 | 1.1% | 26.5% | ||
| Q4 23 | -22.7% | 12.3% |
| Q3 25 | — | 55.2% | ||
| Q2 25 | — | 139.0% | ||
| Q1 25 | — | 64.2% | ||
| Q4 24 | 22.6% | 107.0% | ||
| Q3 24 | 1.6% | 45.6% | ||
| Q2 24 | 96.9% | 2.5% | ||
| Q1 24 | 1.5% | 4.2% | ||
| Q4 23 | 24.7% | 1.7% |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.36× | — | ||
| Q4 23 | 0.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
QUIK
| North America | $3.0M | 53% |
| Other | $2.7M | 47% |
SLNH
| Data Hosting Revenue | $5.3M | 62% |
| Cryptocurrency Mining Revenue | $2.8M | 33% |
| Other | $389.0K | 5% |
