---
schema_version: "secwatch.filing_event.v1"
accession: "0000851205-25-000028"
form_type: "8-K"
ticker: "CGNX"
cik: "0000851205"
company_name: "COGNEX CORP"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T03:07:33.819006+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cognex reports Q1 revenue up 2% YoY, EPS $0.14; CEO Willett to retire, succeeded by Moschner

## Summary
- Q1 revenue $216M (+2% YoY); operating income $26M (+84%); diluted EPS $0.14 (+99%).
- Adjusted EBITDA margin 16.8% (above guidance); returned $116M via $102M buyback and $14M dividends.
- CEO Robert Willett to retire June 27, 2025; President Matt Moschner to succeed as CEO and join board.
- Dividend $0.08 per share (+6.7% YoY), payable May 29, 2025 to record May 15.
- Q2 guidance: revenue $235-255M; adj. EBITDA margin 18.5%-21.5%; tariff impact substantially mitigated.

## SEC filing metadata
- accession: 0000851205-25-000028
- form_type: 8-K
- ticker: CGNX
- cik: 0000851205
- company_name: COGNEX CORP
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/0000851205-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/cgnx-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000851205-25-000028
- JSON: https://secwatch.observer/filing/0000851205-25-000028.json
- Plain text: https://secwatch.observer/filing/0000851205-25-000028.txt

## Key facts
- Executive change
  Matthew Moschner was appointed as Chief Executive Officer at COGNEX CORP.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board determined that Matthew Moschner, who currently serves as the Company’s President and Chief Operating Officer, will succeed Mr. Willett as CEO
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/0000851205-25-000028-index.htm
- Executive change
  Matthew Moschner was appointed as Director at COGNEX CORP.
  - Action: appointed
  - Role: Director
  source text: appointed Mr. Moschner as a director of the Company, effective as of the Transition Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/0000851205-25-000028-index.htm
- Executive change
  Robert Willett departed as Chief Executive Officer at COGNEX CORP.
  - Action: retire
  - Role: Chief Executive Officer
  source text: Robert Willett advised the Company that he will retire as Chief Executive Officer (“CEO”) of the Company, effective June 27, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/0000851205-25-000028-index.htm

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