vs

Side-by-side financial comparison of QUICKLOGIC Corp (QUIK) and Worksport Ltd (WKSP). Click either name above to swap in a different company.

QUICKLOGIC Corp is the larger business by last-quarter revenue ($5.7M vs $4.7M, roughly 1.2× Worksport Ltd). On growth, Worksport Ltd posted the faster year-over-year revenue change (62.0% vs -24.1%). QUICKLOGIC Corp produced more free cash flow last quarter ($-1.2M vs $-6.3M). Over the past eight quarters, Worksport Ltd's revenue compounded faster (204.2% CAGR vs 17.2%).

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.

Worksport Ltd is a cleantech company specializing in portable solar energy solutions and custom truck bed accessories. Its core offerings include solar-powered tonneau covers for pickup trucks and portable mobile power stations, serving the North American automotive aftermarket and consumer clean energy segments.

QUIK vs WKSP — Head-to-Head

Bigger by revenue
QUIK
QUIK
1.2× larger
QUIK
$5.7M
$4.7M
WKSP
Growing faster (revenue YoY)
WKSP
WKSP
+86.1% gap
WKSP
62.0%
-24.1%
QUIK
More free cash flow
QUIK
QUIK
$5.1M more FCF
QUIK
$-1.2M
$-6.3M
WKSP
Faster 2-yr revenue CAGR
WKSP
WKSP
Annualised
WKSP
204.2%
17.2%
QUIK

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
QUIK
QUIK
WKSP
WKSP
Revenue
$5.7M
$4.7M
Net Profit
$-305.0K
Gross Margin
62.7%
30.1%
Operating Margin
2.6%
-129.6%
Net Margin
-5.4%
Revenue YoY
-24.1%
62.0%
Net Profit YoY
-114.9%
EPS (diluted)
$-0.02
$-0.65

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
WKSP
WKSP
Q4 25
$4.7M
Q3 25
$5.0M
Q2 25
$4.1M
Q1 25
$2.2M
Q4 24
$5.7M
$2.9M
Q3 24
$4.2M
$3.1M
Q2 24
$4.1M
$1.9M
Q1 24
$5.7M
$512.6K
Net Profit
QUIK
QUIK
WKSP
WKSP
Q4 25
Q3 25
$-4.9M
Q2 25
$-3.7M
Q1 25
$-4.5M
Q4 24
$-305.0K
Q3 24
$-2.1M
$-4.1M
Q2 24
$-1.6M
$-4.0M
Q1 24
$108.0K
$-3.7M
Gross Margin
QUIK
QUIK
WKSP
WKSP
Q4 25
30.1%
Q3 25
31.3%
Q2 25
26.4%
Q1 25
17.7%
Q4 24
62.7%
11.1%
Q3 24
59.1%
7.9%
Q2 24
54.7%
15.4%
Q1 24
67.1%
7.3%
Operating Margin
QUIK
QUIK
WKSP
WKSP
Q4 25
-129.6%
Q3 25
-95.6%
Q2 25
-88.1%
Q1 25
-190.0%
Q4 24
2.6%
-137.0%
Q3 24
-38.1%
-125.1%
Q2 24
-29.3%
-203.5%
Q1 24
2.3%
-709.9%
Net Margin
QUIK
QUIK
WKSP
WKSP
Q4 25
Q3 25
-98.3%
Q2 25
-91.0%
Q1 25
-199.1%
Q4 24
-5.4%
Q3 24
-49.8%
-132.4%
Q2 24
-37.8%
-208.9%
Q1 24
1.9%
-724.6%
EPS (diluted)
QUIK
QUIK
WKSP
WKSP
Q4 25
$-0.65
Q3 25
$-0.75
Q2 25
$-0.71
Q1 25
$-1.05
Q4 24
$-0.02
$-1.14
Q3 24
$-0.14
$-1.40
Q2 24
$-0.11
$-1.55
Q1 24
$0.01
$-1.75

Balance Sheet & Financial Strength

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

Metric
QUIK
QUIK
WKSP
WKSP
Cash + ST InvestmentsLiquidity on hand
$5.9M
Total DebtLower is stronger
$3.1M
$2.7M
Stockholders' EquityBook value
$24.9M
$22.9M
Total Assets
$51.9M
$30.7M
Debt / EquityLower = less leverage
0.12×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QUIK
QUIK
WKSP
WKSP
Q4 25
$5.9M
Q3 25
$3.8M
Q2 25
$1.4M
Q1 25
$5.1M
Q4 24
$4.9M
Q3 24
$1.9M
Q2 24
$3.4M
Q1 24
$3.5M
Total Debt
QUIK
QUIK
WKSP
WKSP
Q4 25
$2.7M
Q3 25
$2.9M
Q2 25
$2.5M
Q1 25
$3.1M
Q4 24
$3.1M
$5.3M
Q3 24
$3.4M
Q2 24
$1.2M
Q1 24
$1.4M
Stockholders' Equity
QUIK
QUIK
WKSP
WKSP
Q4 25
$22.9M
Q3 25
$19.8M
Q2 25
$17.3M
Q1 25
$20.1M
Q4 24
$24.9M
$17.4M
Q3 24
$20.9M
$16.4M
Q2 24
$21.8M
$19.1M
Q1 24
$22.2M
$18.9M
Total Assets
QUIK
QUIK
WKSP
WKSP
Q4 25
$30.7M
Q3 25
$27.0M
Q2 25
$23.6M
Q1 25
$26.7M
Q4 24
$51.9M
$25.7M
Q3 24
$49.7M
$24.9M
Q2 24
$47.5M
$27.2M
Q1 24
$51.9M
$27.3M
Debt / Equity
QUIK
QUIK
WKSP
WKSP
Q4 25
0.12×
Q3 25
0.15×
Q2 25
0.14×
Q1 25
0.16×
Q4 24
0.12×
0.30×
Q3 24
0.16×
Q2 24
0.06×
Q1 24
0.06×

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
WKSP
WKSP
Operating Cash FlowLast quarter
$116.0K
$-6.1M
Free Cash FlowOCF − Capex
$-1.2M
$-6.3M
FCF MarginFCF / Revenue
-20.6%
-132.4%
Capex IntensityCapex / Revenue
22.6%
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-5.4M
$-18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QUIK
QUIK
WKSP
WKSP
Q4 25
$-6.1M
Q3 25
$-4.3M
Q2 25
$-3.1M
Q1 25
$-3.8M
Q4 24
$116.0K
$-2.2M
Q3 24
$-16.0K
$-1.5M
Q2 24
$-220.0K
$-3.6M
Q1 24
$147.0K
$-2.8M
Free Cash Flow
QUIK
QUIK
WKSP
WKSP
Q4 25
$-6.3M
Q3 25
$-4.6M
Q2 25
$-3.2M
Q1 25
$-4.0M
Q4 24
$-1.2M
$-2.2M
Q3 24
$-83.0K
$-1.7M
Q2 24
$-4.2M
$-3.7M
Q1 24
$62.0K
$-3.0M
FCF Margin
QUIK
QUIK
WKSP
WKSP
Q4 25
-132.4%
Q3 25
-92.1%
Q2 25
-77.1%
Q1 25
-180.4%
Q4 24
-20.6%
-75.4%
Q3 24
-2.0%
-54.5%
Q2 24
-102.2%
-195.1%
Q1 24
1.1%
-586.7%
Capex Intensity
QUIK
QUIK
WKSP
WKSP
Q4 25
3.3%
Q3 25
7.3%
Q2 25
1.7%
Q1 25
9.0%
Q4 24
22.6%
0.9%
Q3 24
1.6%
5.3%
Q2 24
96.9%
6.4%
Q1 24
1.5%
41.5%
Cash Conversion
QUIK
QUIK
WKSP
WKSP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.36×

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%

WKSP
WKSP

Segment breakdown not available.

Related Comparisons