Recent James Webb Space Telescope (JWST) observations have revealed a population of sources with a compact morphology and a `v-shaped' continuum, namely blue at rest-frame $\lambda<4000$A and red at longer wavelengths. The nature of these sources, called `little red dots' (LRDs), is still debated, since it is unclear if they host active galactic nuclei (AGN) and their number seems to drastically drop at z<4. We utilise the 63 $deg^2$ covered by the quick Euclid Quick Data Release (Q1) to extend the search for LRDs to brighter magnitudes and to lower z than what has been possible with JWST to have a broader view of the evolution of this peculiar galaxy population. The selection is done by fitting the available photometric data (Euclid, Spitzer/IRAC, and ground-based griz data) with two power laws, to retrieve the rest-frame optical and UV slopes consistently over a large redshift range (i.e, z<7.6). We exclude extended objects and possible line emitters, and perform a visual inspection to remove imaging artefacts. The final selection includes 3341 LRD candidates from z=0.33 to z=3.6, with 29 detected in IRAC. Their rest-frame UV luminosity function, in contrast with previous JWST studies, shows that the number density of LRD candidates increases from high-z down to z=1.5-2.5 and decreases at even lower z. Less evolution is apparent focusing on the subsample of more robust LRD candidates having IRAC detections, which is affected by low statistics and limited by the IRAC resolution. The comparison with previous quasar UV luminosity functions shows that LRDs are not the dominant AGN population at z<4. Follow-up studies of these LRD candidates are key to confirm their nature, probe their physical properties and check for their compatibility with JWST sources, since the different spatial resolution and wavelength coverage of Euclid and JWST could select different samples of compact sources.
Comment: Paper submitted as part of the A&A Special Issue `Euclid Quick Data Release (Q1)', 22 pages, 12 figures, 8 tables