Summary: The thiophene‐quinoxaline donor–acceptor conjugated copolymer poly[(thiophene‐2,5‐diyl‐alt‐(2,3‐diheptylquinoxaline‐5,8‐diyl)] (PTHQx) was explored as a semiconductor in thin‐film organic field‐effect transistors (OFETs). A hole mobility of 3.6 × 10−3 cm2 · V−1 · s−1 and an on/off current ratio of 6 × 105 were observed in p‐channel OFETs made from spin‐coated PTHQx thin films. The electronic structures of PTHQx and a related thiophene‐thienopyrazine donor–acceptor copolymer were calculated by density functional theory. Atomic force microscopy of PTHQx thin films showed a polycrystalline grain morphology that varied with the substrate.