---
schema_version: "secwatch.filing_event.v1"
accession: "0000851205-24-000025"
form_type: "8-K"
ticker: "CGNX"
cik: "0000851205"
company_name: "COGNEX CORP"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:44:16.868131+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cognex Q4 revenue down 18% YoY to $196.7M; EPS $0.07, guided Q1 $190-205M

## Summary
- Q4 revenue $196.7M (-18% YoY, flat sequentially); net income $11.2M (-80% YoY, $0.07 diluted EPS)
- Full year 2023 revenue $837.5M (-17% YoY); net income $113.2M (-47% YoY, $0.65 diluted EPS)
- Adjusted diluted EPS $0.11 for Q4, down 61% YoY; adjusted gross margin 71%
- Board declared $0.075/share quarterly dividend, payable March 14, 2024 to holders of record Feb 29
- Q1 2024 revenue guidance $190M-$205M with adjusted gross margin in high-60% range

## SEC filing metadata
- accession: 0000851205-24-000025
- form_type: 8-K
- ticker: CGNX
- cik: 0000851205
- company_name: COGNEX CORP
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851205/000085120524000025/0000851205-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851205/000085120524000025/cgnx-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000851205-24-000025
- JSON: https://secwatch.observer/filing/0000851205-24-000025.json
- Plain text: https://secwatch.observer/filing/0000851205-24-000025.txt

## Key facts
- Earnings Releases
  COGNEX CORP reported the quarter and year ended December 31, 2023 results: revenue $196,670, net income $11,229, EPS $0.07.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $196,670
  - Net income: $11,229
  - EPS: $0.07
  - Result: reported results
  source text: thousands, except per share amounts) Revenue Net Income Earnings per Diluted Share Adjusted Earnings per Diluted Share (Non- GAAP)* Quarterly Comparisons Current quarter: Q4-23 $196,670 $11,229 $0.07 $0.11 Prior year’s quarter: Q4-22 $239,433 $55,311 $0.32 $0.28 Change: Q4-22 to Q4-23 (18)% (80)% (80)% (61)% Prior quarter: Q3-23 $197,241 $18,916 $0.11 $0.17
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000085120524000025/0000851205-24-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.