Private company
CYBEROPTICS CORP
American optical instruments and lenses company based in Minneapolis2
In its 2022 annual report the company says: “We are a leading global developer and manufacturer of high precision 3D sensors and system products for inspection and metrology. We also develop and manufacture our WaferSense ® products, a family of wireless, wafer-shaped sensors that provide measurements of critical factors in the semiconductor fabrication process.”43
Last updated Oct 21, 2026.
Overview
- IndustryOptical Instruments & Lenses2
- HeadquartersMinneapolis, United States2
- Incorporated inMN3
- Business address5900 Golden Hills Dr, Golden Valley, Mn 554163
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCORPORATION2
- LEI52HQVAW3POG1MULTHE152
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered address5900 Golden Hills Drive, 55416 Golden Valley, United States2
- Registered withOffice of the Minnesota Secretary of State Business & Lien system, C18834042
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue53¢$49.6M
- Research and development12¢$10.9M
- Selling, general and admin19¢$18.0M
- Income tax2¢$1.7M
- Profit14¢$12.8M
Out of $92.8M in revenue.4
Where each dollar of operating cash went, fiscal 2021
- Capital spending16¢$1.6M
- Kept or used elsewhere84¢$8.5M
Out of $10.1M of cash from operations.4
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $41.1M5 | $66.2M5 | $53.3M6 | $64.7M7 | $59.3M8 | $70.1M4 | $92.8M4 |
| Cost of revenue | $23.0M5 | $37.2M5 | $28.6M6 | $36.1M7 | $33.0M8 | $38.9M4 | $49.6M4 |
| Gross profit | $18.1M5 | $29.1M5 | $24.8M6 | $28.6M7 | $26.3M8 | $31.2M4 | $43.2M4 |
| Research and development | $7.6M5 | $8.0M5 | $8.0M6 | $8.8M7 | $9.4M8 | $9.6M4 | $10.9M4 |
| Selling, general and admin | $12.6M5 | $14.8M5 | $15.7M6 | $16.4M7 | $16.0M8 | $15.6M4 | $18.0M4 |
| Operating income | -$2.2M5 | $6.2M5 | $1.0M6 | $3.4M7 | $936.0K8 | $6.0M4 | $14.3M4 |
| Income before tax | $14.5M4 | ||||||
| Income tax | $28.0K5 | -$5.2M5 | -$404.0K6 | $752.0K7 | $386.0K8 | $612.0K4 | $1.7M4 |
| Net income | -$2.1M5 | $11.6M5 | $1.3M6 | $2.8M7 | $774.0K8 | $5.7M4 | $12.8M4 |
| Earnings per share | -$0.315 | $1.695 | $0.196 | $0.407 | $0.118 | $0.804 | $1.744 |
| Earnings per share (diluted) | -$0.315 | $1.645 | $0.196 | $0.397 | $0.118 | $0.774 | $1.694 |
| Shares (weighted, basic) | 7.3M shares4 | ||||||
| Shares (weighted, diluted) | 7.5M shares4 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $4.3M5 | $10.6M6 | $6.9M7 | $9.2M8 | $5.8M4 | $8.4M4 | $13.7M4 |
| Receivables | $19.8M4 | ||||||
| Inventory | $27.6M4 | ||||||
| Current assets | $32.1M11 | $41.1M5 | $40.4M6 | $49.1M7 | $47.3M8 | $53.1M4 | $70.1M4 |
| Property, plant and equipment | $3.2M4 | ||||||
| Goodwill | $1.4M4 | ||||||
| Intangible assets | $375.0K4 | ||||||
| Total assets | $44.7M11 | $59.6M5 | $59.5M6 | $69.7M7 | $72.6M8 | $79.7M4 | $98.0M4 |
| Accounts payable | $10.3M4 | ||||||
| Current liabilities | $8.2M11 | $10.3M5 | $7.0M6 | $12.7M7 | $10.8M8 | $10.7M4 | $16.2M4 |
| Total liabilities | $8.7M11 | $10.7M5 | $7.2M6 | $13.5M7 | $14.3M8 | $14.2M4 | $18.9M4 |
| Retained earnings | $41.6M4 | ||||||
| Shareholders’ equity | $36.1M5 | $48.9M6 | $52.3M7 | $56.2M8 | $58.3M4 | $65.5M4 | $79.1M4 |
| Shares outstanding | 6.8M shares11 | 6.9M shares5 | 7.0M shares6 | 7.1M shares7 | 7.2M shares8 | 7.3M shares4 | 7.4M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$2.4M11 | $9.1M11 | $2.1M8 | $6.0M4 | $10.1M4 | ||
| Depreciation and amortization | $2.6M4 | ||||||
| Stock-based compensation | $1.3M4 | ||||||
| Capital spending | $691.0K5 | $1.4M5 | $1.2M6 | $2.0M7 | $1.3M8 | $1.5M4 | $1.6M4 |
| Free cash flow | -$3.1M | $7.8M | $826.0K | $4.4M | $8.5M | ||
| Cash from investing | -$4.7M4 | ||||||
| Share buybacks | $05 | $05 | $240.0K6 | $07 | $353.0K8 | $08 | |
| Cash from financing | -$112.0K4 |
Corporate structure
CYBEROPTICS CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CYBEROPTICS CORP
- ROYCE & ASSOCIATES LP Filed SC 13G/A on CYBEROPTICS CORP, latest Jan 31, 2023 (2 filings since Jan 14, 2022)
- GAMCO Investors Filed SC 13D/A on CYBEROPTICS CORP, latest Nov 7, 2022 (3 filings since Aug 22, 2022)
- Magnetar Financial LLC Filed SC 13D/A on CYBEROPTICS CORP, latest Nov 3, 2022 (2 filings since Aug 26, 2022)
- Orin Hirschman Filed SC 13G/A on CYBEROPTICS CORP, latest Feb 11, 2022
- VANGUARD GROUP INC Filed SC 13G/A on CYBEROPTICS CORP, latest Feb 9, 2022
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on CYBEROPTICS CORP, latest Feb 8, 2022
- CYBEROPTICS CORP Minneapolis, Minnesota, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CYBEROPTICS CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $19.1M4 Dec 31, 2021 | $18.1M4 Dec 31, 2020 | +5.4% |
| Accumulated depreciation | $15.9M4 Dec 31, 2021 | $14.9M4 Dec 31, 2020 | +7.0% |
| Property and equipment, net | $3.2M4 Dec 31, 2021 | $3.2M4 Dec 31, 2020 | −1.9% |
| Operating-lease assets (leased space) | $2.1M4 Dec 31, 2021 | $2.6M4 Dec 31, 2020 | −21.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $13.7M4 Dec 31, 2021 | $8.4M4 Dec 31, 2020 | +62.9% |
| Marketable securities, current | $7.3M4 Dec 31, 2021 | $8.1M4 Dec 31, 2020 | −9.8% |
| Marketable securities, non-current | $17.3M4 Dec 31, 2021 | $14.1M4 Dec 31, 2020 | +23.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.4M4 Dec 31, 2021 | $1.4M4 Dec 31, 2020 | 0% |
| Intangible assets, net (excluding goodwill) | $375.0K4 Dec 31, 2021 | $325.0K4 Dec 31, 2020 | +15.4% |
| Finite-lived intangibles, gross | $2.3M4 Dec 31, 2021 | $2.1M4 Dec 31, 2020 | +5.8% |
| Accumulated amortization | $1.9M4 Dec 31, 2021 | $1.8M4 Dec 31, 2020 | +4.1% |
| Finite-lived intangibles, net | $375.0K4 Dec 31, 2021 | $325.0K4 Dec 31, 2020 | +15.4% |
Inventory
Leadership
Who has led CYBEROPTICS CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerSubodh K. Kulkarni Jan 16, 2014 to Nov 4, 202212
- Chief executive officerKathleen P. Iverson May 5, 2006 to Dec 18, 201213
- ChairSubodh K. Kulkarni Jan 16, 2014 to Jan 16, 201412
- PresidentSubodh K. Kulkarni Dec 8, 2014 to Nov 4, 202214
- PresidentKathleen P. Iverson May 5, 2006 to Dec 18, 201213
- Chief financial officerJeffrey A. Bertelsen Dec 8, 2006 to Nov 4, 202215
- Chief operating officerJeffrey A. Bertelsen May 13, 2016 to Nov 4, 202216
Board members and other officers (12)
- Vice President - OperationsMichael Proulx Mar 7, 2006 to Dec 9, 200817
- VP-Mktg. & Strategic PlanningSteven J. Dimarco Dec 8, 2006 to Dec 9, 200818
- Board memberCordell Hardy Jan 13, 2022 to Nov 4, 202219
- Board memberCheri B. Podzimek May 14, 2020 to Nov 4, 202220
- Board memberVivak Mohindra May 11, 2018 to Nov 4, 202221
- Board memberCraig D. Gates Feb 21, 2012 to Nov 4, 202222
- Board memberSubodh K. Kulkarni Dec 9, 2009 to May 5, 202023
- Board memberMichael M. Selzer May 3, 2006 to Mar 3, 202224
- Board memberKathleen P. Iverson May 5, 2006 to Dec 18, 201213
- Board memberAlex B. Cimochowski May 16, 2006 to Mar 5, 201825
- Board memberErwin A. Kelen May 16, 2006 to May 23, 200726
- Board memberIrene M. Qualters May 16, 2006 to May 20, 201927
Timeline
- Nov 3, 20228-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights28
- Oct 21, 20228-K Other events29
- Aug 8, 20228-K Entered a material agreement; Executive or director change; Other events30
- Jul 27, 20228-K Results of operations31
- May 13, 20228-K Executive or director change; Shareholder vote32
- Apr 28, 20228-K Results of operations33
- Feb 17, 20228-K Results of operations34
- Jan 3, 20228-K Executive or director change; Regulation FD disclosure35
- Oct 27, 20218-K Results of operations36
- Jan 16, 2014New chief executive Subodh K. Kulkarni becomes CEO12
- May 5, 2006New chief executive Kathleen P. Iverson becomes CEO13
Calendar
When it reported results
- Jul 27, 2022Reported quarterly or annual results31
- Apr 28, 2022Reported quarterly or annual results33
- Feb 17, 2022Reported quarterly or annual results34
- Oct 27, 2021Reported quarterly or annual results36
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
68 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 9 major events, 17 insider forms, 10 large holders, 28 other. The latest 20:
- Jan 31, 2023SC 13G/A EDGAR
- Nov 14, 202215-12G EDGAR
- Nov 7, 2022SC 13D/A EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
- Nov 4, 2022S-8 POS EDGAR
The 68 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 0 buys and 3 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 2, 2022 | Selzer Michael M.Director | Sale | 4,500 | $38.19 | $171.9K | Form 4 |
| Nov 19, 2021 | Bertelsen Jeffrey A.CFO and COO | Sale | 4,000 | $46.35 | $185.4K | Form 4 |
| Nov 10, 2021 | Selzer Michael M.Director | Sale | 4,021 | $44.78 | $180.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ROYCE & ASSOCIATES LPSC 13G/A, 2 filings Jan 14, 2022 to Jan 31, 202337
- GAMCO InvestorsSC 13D/A, 3 filings Aug 22, 2022 to Nov 7, 202238
- Magnetar Financial LLCSC 13D/A, 2 filings Aug 26, 2022 to Nov 3, 202239
- Orin HirschmanSC 13G/A, 1 filing Feb 11, 202240
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 9, 202241
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 1 filing Feb 8, 202242
SEC filer profile
How CYBEROPTICS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCYBEROPTICS CORP1
- CIK0000768411
- Employer ID (EIN)41-14720571
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inMinnesota1
- Fiscal year endsDecember 311
- Industry code (SIC)3827 Optical Instruments & Lenses1
- Business address5900 Golden Hills Dr, Golden Valley, MN 554161
- Phone763-542-50001
- Shares outstanding7,421,521 as of Aug 3, 202210
- Public float$288.3M as of Jun 30, 20214
- On EDGAR sinceAug 9, 19951
- Filings735 in all: 4 (212), 8-K (128), SC 13G/A (124), 10-Q (80), SC 13G (34), DEF 14A (27), 10-K (22), S-8 POS (18)1
All 35 form types
S-8 (13), SC 13D/A (10), 3 (9), 4/A (9), SD (9), 5 (5), 10-K405 (4), DEFA14A (4), SC 13D (3), SC TO-I/A (3), 10QSB (2), 5/A (2), 8-K/A (2), S-3 (2), 10KSB (1), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12G (1), 8-A12G/A (1), ARS (1), DEFM14A (1), EFFECT (1), PRE 14A (1), PREM14A (1), SC TO-C (1), SC TO-I (1)
- Latest filingsAnnual report (10-K) Mar 11, 2022
Quarterly report (10-Q) Aug 11, 2022
Proxy statement (DEF 14A) Mar 28, 2022
Latest 8-K (8-K) Nov 3, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARSubodh K. Kulkarni, President
- 15
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- 19SEC EDGARCordell Hardy, Board member
- 20SEC EDGARCheri B. Podzimek, Board member
- 21SEC EDGARVivak Mohindra, Board member
- 22SEC EDGARCraig D. Gates, Board member
- 23SEC EDGARSubodh K. Kulkarni, Board member
- 24SEC EDGARMichael M. Selzer, Board member
- 25SEC EDGARAlex B. Cimochowski, Board member
- 26SEC EDGARErwin A. Kelen, Board member
- 27SEC EDGARIrene M. Qualters, Board member
- 28
- 29SEC EDGAROther events
- 30
- 31SEC EDGARResults of operations
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- 33SEC EDGARResults of operations
- 34SEC EDGARResults of operations
- 35
- 36SEC EDGARResults of operations
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- 43SEC EDGARCYBEROPTICS CORP filing with the SEC