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Side-by-side financial comparison of QUICKLOGIC Corp (QUIK) and Wetouch Technology Inc. (WETH). Click either name above to swap in a different company.

QUICKLOGIC Corp is the larger business by last-quarter revenue ($5.7M vs $3.8M, roughly 1.5× Wetouch Technology Inc.). Wetouch Technology Inc. runs the higher net margin — 66.4% vs -5.4%, a 71.7% gap on every dollar of revenue. On growth, Wetouch Technology Inc. posted the faster year-over-year revenue change (-7.3% vs -24.1%). Over the past eight quarters, QUICKLOGIC Corp's revenue compounded faster (17.2% CAGR vs -41.5%).

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.

Wetouch Technology Inc. is a global provider of advanced touch panel solutions, specializing in capacitive touchscreens, custom touch modules and interactive display components. It serves core markets including consumer electronics, automotive, industrial control, and smart home sectors, supplying tailored hardware products to leading global brand partners.

QUIK vs WETH — Head-to-Head

Bigger by revenue
QUIK
QUIK
1.5× larger
QUIK
$5.7M
$3.8M
WETH
Growing faster (revenue YoY)
WETH
WETH
+16.8% gap
WETH
-7.3%
-24.1%
QUIK
Higher net margin
WETH
WETH
71.7% more per $
WETH
66.4%
-5.4%
QUIK
Faster 2-yr revenue CAGR
QUIK
QUIK
Annualised
QUIK
17.2%
-41.5%
WETH

Income Statement — Q4 FY2024 vs Q3 FY2025

Metric
QUIK
QUIK
WETH
WETH
Revenue
$5.7M
$3.8M
Net Profit
$-305.0K
$2.5M
Gross Margin
62.7%
Operating Margin
2.6%
82.1%
Net Margin
-5.4%
66.4%
Revenue YoY
-24.1%
-7.3%
Net Profit YoY
-114.9%
-5.0%
EPS (diluted)
$-0.02
$0.21

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.

Revenue
QUIK
QUIK
WETH
WETH
Q3 25
$3.8M
Q2 25
$4.0M
Q1 25
$5.0M
Q4 24
$5.7M
Q3 24
$4.2M
$4.1M
Q2 24
$4.1M
$4.4M
Q1 24
$5.7M
$5.5M
Q4 23
$6.7M
$2.4M
Net Profit
QUIK
QUIK
WETH
WETH
Q3 25
$2.5M
Q2 25
$2.2M
Q1 25
$2.6M
Q4 24
$-305.0K
Q3 24
$-2.1M
$2.7M
Q2 24
$-1.6M
$2.7M
Q1 24
$108.0K
$558.9K
Q4 23
$1.2M
$-2.1M
Gross Margin
QUIK
QUIK
WETH
WETH
Q3 25
Q2 25
Q1 25
Q4 24
62.7%
Q3 24
59.1%
Q2 24
54.7%
Q1 24
67.1%
60.7%
Q4 23
76.9%
5.1%
Operating Margin
QUIK
QUIK
WETH
WETH
Q3 25
82.1%
Q2 25
77.0%
Q1 25
79.6%
Q4 24
2.6%
Q3 24
-38.1%
84.8%
Q2 24
-29.3%
85.3%
Q1 24
2.3%
41.9%
Q4 23
19.2%
-85.5%
Net Margin
QUIK
QUIK
WETH
WETH
Q3 25
66.4%
Q2 25
56.0%
Q1 25
51.4%
Q4 24
-5.4%
Q3 24
-49.8%
64.8%
Q2 24
-37.8%
61.9%
Q1 24
1.9%
10.2%
Q4 23
17.9%
-86.8%
EPS (diluted)
QUIK
QUIK
WETH
WETH
Q3 25
$0.21
Q2 25
$0.19
Q1 25
$0.21
Q4 24
$-0.02
Q3 24
$-0.14
$0.22
Q2 24
$-0.11
$0.23
Q1 24
$0.01
$0.04
Q4 23
$0.08
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QUIK
QUIK
WETH
WETH
Cash + ST InvestmentsLiquidity on hand
$113.2M
Total DebtLower is stronger
$3.1M
Stockholders' EquityBook value
$24.9M
$135.2M
Total Assets
$51.9M
$139.9M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QUIK
QUIK
WETH
WETH
Q3 25
$113.2M
Q2 25
$110.5M
Q1 25
$106.4M
Q4 24
Q3 24
$106.7M
Q2 24
$98.4M
Q1 24
$94.8M
Q4 23
$98.0M
Total Debt
QUIK
QUIK
WETH
WETH
Q3 25
Q2 25
Q1 25
Q4 24
$3.1M
Q3 24
$3.4M
Q2 24
$1.2M
Q1 24
$1.4M
Q4 23
Stockholders' Equity
QUIK
QUIK
WETH
WETH
Q3 25
$135.2M
Q2 25
$131.8M
Q1 25
$127.9M
Q4 24
$24.9M
Q3 24
$20.9M
$129.5M
Q2 24
$21.8M
$122.5M
Q1 24
$22.2M
$120.5M
Q4 23
$14.0M
$112.9M
Total Assets
QUIK
QUIK
WETH
WETH
Q3 25
$139.9M
Q2 25
$137.0M
Q1 25
$133.7M
Q4 24
$51.9M
Q3 24
$49.7M
$133.1M
Q2 24
$47.5M
$125.9M
Q1 24
$51.9M
$123.1M
Q4 23
$36.5M
$119.6M
Debt / Equity
QUIK
QUIK
WETH
WETH
Q3 25
Q2 25
Q1 25
Q4 24
0.12×
Q3 24
0.16×
Q2 24
0.06×
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
QUIK
QUIK
WETH
WETH
Operating Cash FlowLast quarter
$116.0K
$3.8M
Free Cash FlowOCF − Capex
$-1.2M
FCF MarginFCF / Revenue
-20.6%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$-5.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QUIK
QUIK
WETH
WETH
Q3 25
$3.8M
Q2 25
$2.6M
Q1 25
$2.0M
Q4 24
$116.0K
Q3 24
$-16.0K
$4.6M
Q2 24
$-220.0K
$3.9M
Q1 24
$147.0K
$-9.2M
Q4 23
$130.0K
$3.7M
Free Cash Flow
QUIK
QUIK
WETH
WETH
Q3 25
Q2 25
Q1 25
Q4 24
$-1.2M
Q3 24
$-83.0K
$4.6M
Q2 24
$-4.2M
$3.9M
Q1 24
$62.0K
$-9.3M
Q4 23
$-1.5M
FCF Margin
QUIK
QUIK
WETH
WETH
Q3 25
Q2 25
Q1 25
Q4 24
-20.6%
Q3 24
-2.0%
111.6%
Q2 24
-102.2%
88.8%
Q1 24
1.1%
-169.5%
Q4 23
-22.7%
Capex Intensity
QUIK
QUIK
WETH
WETH
Q3 25
Q2 25
Q1 25
Q4 24
22.6%
Q3 24
1.6%
0.1%
Q2 24
96.9%
0.1%
Q1 24
1.5%
2.0%
Q4 23
24.7%
Cash Conversion
QUIK
QUIK
WETH
WETH
Q3 25
1.51×
Q2 25
1.18×
Q1 25
0.80×
Q4 24
Q3 24
1.73×
Q2 24
1.44×
Q1 24
1.36×
-16.49×
Q4 23
0.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QUIK
QUIK

North America$3.0M53%
Other$2.7M47%

WETH
WETH

CN$2.0M53%
Other$1.8M47%

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