Cognex Q1 revenue rises 2% as CEO Robert Willett plans to retire June 27
Cognex reported first-quarter 2025 revenue of $216 million, up 2% from a year earlier, and net income per diluted share of $0.14 versus $0.07. The company also said CEO Robert Willett will retire June 27, 2025, with President and COO Matt Moschner succeeding him and joining the board.
Key points
- Q1 2025 revenue was $216 million, up 2% from $211 million; up 5% excluding foreign exchange.
- Net income per diluted share was $0.14 versus $0.07; adjusted diluted EPS was $0.16 versus $0.11.
- Q2 2025 revenue guidance is $235 million to $255 million, compared with $239 million in Q2 2024.
- Willett retires as CEO June 27, 2025; Moschner's base salary rises from $500,000 to $600,000.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.