---
schema_version: "secwatch.filing_event.v1"
accession: "0001159167-23-000007"
form_type: "8-K"
ticker: null
cik: "0001159167"
company_name: "IROBOT CORP"
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T15:38:32.478454+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# iRobot Q4 revenue $357.9M, GAAP loss $3.07/share; plans to cut 85 jobs (7% workforce)

## Summary
- Q4 2022 revenue $357.9M, down from $455.4M in Q4 2021; full-year revenue $1.18B, down 24% YoY.
- GAAP net loss per share $3.07 in Q4 vs $1.17 loss prior year; full-year loss per share $10.52 vs income $1.08.
- Non-GAAP operating loss $61.6M in Q4; full-year operating loss $168.0M vs operating income $38.3M in 2021.
- New restructuring: reduce workforce by ~85 (7%), expects $4M charges in Q1 2023, net annual savings ~$14M.
- Cash and short-term investments $117.9M at Dec 31, 2022, down from $234.5M at end of 2021; repaid $90M credit facility.

## SEC filing metadata
- accession: 0001159167-23-000007
- form_type: 8-K
- cik: 0001159167
- company_name: IROBOT CORP
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01, 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1159167/000115916723000007/0001159167-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1159167/000115916723000007/irbt-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001159167-23-000007
- JSON: https://secwatch.observer/filing/0001159167-23-000007.json
- Plain text: https://secwatch.observer/filing/0001159167-23-000007.txt

## Key facts
- Earnings Releases
  IROBOT CORP reported financial results for the fourth quarter and full year ended December 31, 2022.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Result: reported results
  source text: On February 13, 2023, iRobot Corporation (the "Company") announced its financial results for the fiscal quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1159167/000115916723000007/0001159167-23-000007-index.htm
- Restructurings & Charges
  IROBOT CORP announced a restructuring with charges of approximately $4 million (approximately 85 employees, which represents 7% of the Company’s global workforce).
  - Type: restructuring
  - Charge: approximately $4 million
  - Headcount: approximately 85 employees, which represents 7% of the Company’s global workforce
  source text: the Company expects to record restructuring charges of approximately $4 million in the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1159167/000115916723000007/0001159167-23-000007-index.htm

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