---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001522"
form_type: "8-K"
ticker: "CGNX"
cik: "0000851205"
company_name: "COGNEX CORP"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:46:14.224966+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cognex Q3 revenue $210M, down 26% YoY; EPS $0.19 ($0.21 non-GAAP); Q4 guidance $235-255M

## Summary
- Revenue $209.6M, down 26% YoY and 24% sequentially; net income $34.0M ($0.19 diluted EPS), down 57% YoY.
- Non-GAAP diluted EPS $0.21; gross margin improved to 73% from 70% YoY on favorable mix.
- Fire disruption caused $2.9M pre-tax charge in Q3; insurance proceeds $27.6M received in Q4 (after quarter end).
- Q4 2022 revenue guidance $235M-$255M (roughly flat YoY at midpoint); gross margin expected low-70% due to component premiums.
- Board declared $0.07 quarterly dividend, payable Dec 2 to shareholders of record Nov 18.

## SEC filing metadata
- accession: 0001157523-22-001522
- form_type: 8-K
- ticker: CGNX
- cik: 0000851205
- company_name: COGNEX CORP
- filed_at: 2022-11-03T23:59:59+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/851205/000115752322001522/0001157523-22-001522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851205/000115752322001522/a52960645.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001522
- JSON: https://secwatch.observer/filing/0001157523-22-001522.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001522.txt

## Key facts
- Earnings Releases
  COGNEX CORP reported Q4-22 results: revenue $235 million and $255 million.
  - Period: Q4-22
  - Revenue: $235 million and $255 million
  - Result: guidance update
  source text: Cognex expects revenue for Q4-22 will be between $235 million and $255 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000115752322001522/0001157523-22-001522-index.htm
- Earnings Releases
  COGNEX CORP reported Q3-22 results: revenue $209,622, net income $33,980, EPS $0.19.
  - Period: Q3-22
  - Revenue: $209,622
  - Net income: $33,980
  - EPS: $0.19
  - Result: reported results
  source text: in thousands, except per share amounts) Revenue Net Income Net Income per Diluted Share Non-GAAP Net Income per Diluted Share* Quarterly Comparisons Current quarter: Q3-22 $209,622 $33,980 $0.19 $0.21 Prior year’s quarter: Q3-21 $284,848 $78,900 $0.44 $0.40 Change: Q3-21 to Q3-22 (26)% (57)% (57)% (48)% Prior quarter: Q2-22 $274,628 $58,901 $0.34 $0.41
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000115752322001522/0001157523-22-001522-index.htm
- Earnings Releases
  COGNEX CORP reported Q3-21 results: revenue $284,848, net income $78,900, EPS $0.44.
  - Period: Q3-21
  - Revenue: $284,848
  - Net income: $78,900
  - EPS: $0.44
  - Result: reported results
  source text: Income Net Income per Diluted Share Non-GAAP Net Income per Diluted Share* Quarterly Comparisons Current quarter: Q3-22 $209,622 $33,980 $0.19 $0.21 Prior year’s quarter: Q3-21 $284,848 $78,900 $0.44 $0.40 Change: Q3-21 to Q3-22 (26)% (57)% (57)% (48)% Prior quarter: Q2-22 $274,628 $58,901 $0.34 $0.41 Change: Q2-22 to Q3-22 (24)% (42)% (44)% (49)% Year-to-Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/851205/000115752322001522/0001157523-22-001522-index.htm

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