greeksoup/ stock research
Stock research / United States / CGNX · Industrial Instruments For Measurement, Display, And Control · Nasdaq

Cognex Corp. (CGNX)

Compare with another name

Cognex Corp. (CGNX) reported revenue of $291 million for Q2 FY2026, the quarter ended 5 July 2026, up 16.9% on the same quarter a year earlier. Net income was $73 million, up 79.6% on the year, and diluted earnings per share $0.43. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$291 millionup 16.9%
Net income$73 millionup 79.6%
Diluted EPS$0.43
QuarterQ2 FY2026ended 5 July 2026

Cognex (CGNX) in brief

Cognex (CGNX) reported revenue of $994 million for fiscal 2025, the year ended 31 December 2025, up 8.7% on the year before.
Read moreNet income was $114 million and diluted earnings per share $0.68. Revenue was $915 million in fiscal 2024, $838 million in fiscal 2023, $1.0 billion in fiscal 2022 and $1.0 billion in fiscal 2021. Net income in the same years was $106 million, $113 million, $216 million and $280 million. Over the twelve months to 5 July 2026, Cognex reported revenue of $1.1 billion and net income of $175 million. Revenue grew 4.2% a year, compounded, over the five years to fiscal 2025. Cognex declared $0.34 a share in dividends over the last four quarters and had 168 million shares outstanding at the latest filed count. At 5 July 2026 it carried $0 million of debt and $303 million of cash. At the close of 8 October 2026 the market cap of Cognex was $10.2 billion, 59.1 times its earnings over the last twelve months.

Ratios

From the filings

ROE10.7%
ROCE14.6%
Operating margin21.9%
Net margin16.1%
FCF margin24.6%
Interest covern/a
Debt to equity0.00
Cash conversion1.58
Share count, 1 year0.2%
Sales CAGR, 3 years-0.4%
Profit CAGR, 3 years-19.0%
EPS, TTM$1.03

At the close of 8 October 2026

Price$60.91
Market cap$10.2 billion
Stock P/E59.14
Price to book6.29
EV / EBITDA37.19
Dividend yield0.6%
Market cap / sales9.41
52-week high$72.42
52-week low$34.80
Price, 1 year30.3%
Price CAGR, 3 years13.8%
Price CAGR, 5 years-5.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Cognex Corp.'s balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
CGNXgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CGNX

Filings18 in twelve months: 9 current reports (8-K), about 5 other events; 4 results of operations; 2 regulation fd disclosure; 2 officer or director change; 2 change of auditor
Planned insider sales18 Form 144 notices in twelve months, $73.0 million; latest 11 August 2026
Options tapeput/call 0.49 by open interest at the 8 October 2026 close; the straddle prices a 4.9% move to 16 October 2026
13F holders9 of the followed funds hold it; largest Geode Capital Management; 4 Schedule 13D or 13G filings in twelve months
Insider trading43 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest7.1 million shares short, 5.01 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue197197211239235230216249277252268291
Cost of revenue54.561.668.972.775.371.871.781.289.686.477.585.5
Gross profit143135142167159158144168187166191206
Gross margin72%69%67%70%68%69%67%67%68%66%71%71%
R&D32.634.737.135.035.232.534.733.135.136.137.032.4
SG&A82.390.490.693.292.694.583.591.394.494.694.087.9
Operating income30.612.714.238.531.630.826.143.457.835.359.985.5
Operating margin16%6%7%16%13%13%12%17%21%14%22%29%
Pre-tax income27.014.417.641.636.635.827.848.162.944.161.889.3
Tax rate30%22%32%13%19%21%15%16%72%26%16%19%
Net income18.911.212.036.229.628.323.640.517.732.751.772.8
Net margin10%6%6%15%13%12%11%16%6%13%19%25%
Diluted EPS$0.11$0.06$0.07$0.21$0.17$0.16$0.14$0.24$0.10$0.19$0.31$0.43
Operating cash flow41.014.513.627.856.351.440.542.687.574.945.169.2
Capital expenditure5.97.04.14.54.42.12.52.21.52.62.81.5
Free cash flow35.27.59.623.351.949.338.040.486.072.342.367.6
Buybacks10.520.29.310.54.043.21020.024.025.099.06.2
Dividends paid12.012.912.912.912.913.713.613.413.414.214.214.3
Shares outstanding172m172m172m172m172m170m168m168m168m167m167m168m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue4264515307668067268111,0371,0068389159941,089
Cost of revenue94.1103131187206190206277284236289329339
Gross profit332348398579600536605760722601626665750
Gross margin77.9%77.2%75.2%75.6%74.4%73.8%74.5%73.3%71.8%71.8%68.4%66.9%68.9%
Research and development55.869.878.399.2116119131135141139140139141
Selling, general and administrative149157166221263274268309312339371364371
Operating income128122154259221143171315246131115163238
Operating margin30.0%27.0%29.1%33.8%27.4%19.7%21.0%30.4%24.5%15.6%12.6%16.3%21.9%
Pre-tax income132127162267235163187319251135131183258
Income tax20.919.318.189.715.3-40.910.739.035.222.125.368.483.2
Effective tax rate15.9%15.2%11.2%33.6%6.5%-25.1%5.7%12.2%14.0%16.3%19.3%37.4%32.3%
Net income121187144177219204176280216113106114175
Net margin28.5%41.5%27.1%23.1%27.2%28.1%21.7%27.0%21.4%13.5%11.6%11.5%16.1%
Diluted EPS$0.68$1.06$0.83$0.98$1.24$1.16$1.00$1.56$1.23$0.65$0.62$0.68$1.03
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service

FY2023FY2024Share
latest year
Standard products and services (1)73479587.0%
Application-specific customer solutions10311913.0%
Standard products and services (1)Application-specific customer solutions
838FY2023915FY2024

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow164128182224223253242314243113149246277
Capital expenditure20.918.212.828.837.121.713.315.519.723.115.08.78.3
Free cash flow14311016919618623122929922489.8134237268
Free cash flow margin33.5%24.4%32.0%25.5%23.1%31.9%28.2%28.8%22.2%10.7%14.7%23.8%24.6%
Cash from investing-104-10.5-122-106-10.8-157169-253-4.532.3-39.028.0-70.8
Cash from financing-42.7-117-29.2-100-210-32.2-317-142-240-126-118-207-77.2
Depreciation and amortisation12.514.115.117.021.524.926.520.319.621.932.730.829.0
Share-based compensation15.221.320.631.941.145.61.443.854.554.852.448.549.4
Buybacks59.712647.112420461.751.016220479.867.1151154
Dividends paid0.018.125.229.031.935.139143.345.949.152.354.656.1
Dividend per share$0.00$0.10$0.30$0.17$0.18$0.20$2.23$0.24$0.27$0.29$0.30$0.33$0.34
Diluted shares, weighted178m176m174m180m177m175m177m180m175m173m173m169m170m
Shares outstanding at period end173m170m86m86m171m172m176m175m173m172m170m167m168m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity7368329631,0951,1351,3561,2621,4301,4381,5051,5181,4921,630
Debtn/an/an/an/an/an/an/an/a0.00.00.00.00.0
Operating lease liabilitiesn/an/an/an/a0.012.318.117.831.369.061.464.960.2
Other liabilities85.355.476.0193154518520556488444414460489
Total liabilities and equity8228881,0391,2881,2901,8861,8012,0041,9582,0181,9932,0172,179
Owned
Fixed assets46.053.354.078.091.489.479.277.579.710698.486.081.5
Goodwill77.481.495.3113113243244242243393385386381
Intangible assets9.76.38.310.110.139.515.611.912.411390.781.164.5
Investments491570666721689674498721673374401379452
Cash and equivalents55.752.079.6107108171269186181203186263303
Receivables40.142.855.4119119103126130125114143147216
Inventory29.237.327.067.983.360.360.8113122162158138143
Other assets72.445.053.471.274.9504508522521553531536537
Total assets8228881,0391,2881,2901,8861,8012,0041,9582,0181,9932,0172,179
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded8.2%4.2%-0.4%17.1%
Profit growth, compounded-4.8%-8.3%-19.0%43.2%
Return on equity, average13.6%11.3%7.4%7.7%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Measuring and Control Equipment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Danaher Corp. DHR$152.9 billion38.637.6%20.4%4.6%0.51n/a
Keysight Technologies, Inc. KEYS$63.8 billion51.3219.2%20.3%25.5%0.38n/a
AMETEK Inc/ AME$56.7 billion36.1914.0%25.9%12.7%0.090.2%
Roper Technologies Inc. ROP$36.0 billion15.0913.4%28.0%10.9%0.570.9%
MKS Inc. MKSI$17.6 billion41.5314.7%15.7%16.3%0.850.4%
Fortive Corp. FTV$17.1 billion33.388.8%18.2%5.6%0.580.5%
Trimble Inc. TRMB$14.0 billionn/a-2.0%17.0%5.8%0.29n/a
Avantor, Inc. AVTR$10.5 billionn/a-10.3%-4.6%-1.6%0.66n/a
Cognex Corp. CGNX$10.2 billion59.1410.7%21.9%17.1%0.000.6%
Bio-Rad Laboratories, Inc. BIO$9.7 billion43.683.1%2.1%1.4%0.17n/a
Bruker Corp. BRKR$8.8 billionn/a-3.0%-0.9%1.6%0.760.3%
Sensata Technologies Holding plc ST$6.1 billion70.383.0%7.5%0.8%0.820.8%
All 26 in Measuring and Control Equipment
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
KLA Corp. KLAC$257.1 billion53.6576.1%n/a11.7%0.930.4%
Thermo Fisher Scientific Inc. TMO$241.1 billion35.0713.2%17.6%7.2%0.800.3%
Danaher Corp. DHR$152.9 billion38.637.6%20.4%4.6%0.51n/a
Trane Technologies plc TT$103.4 billion35.6034.2%17.9%7.0%0.460.8%
Keysight Technologies, Inc. KEYS$63.8 billion51.3219.2%20.3%25.5%0.38n/a
Teradyne, Inc. TER$62.4 billion54.6933.5%30.2%57.9%0.000.1%
Coherent Corp. COHR$59.2 billion73.567.4%11.9%22.5%0.30n/a
AMETEK Inc/ AME$56.7 billion36.1914.0%25.9%12.7%0.090.2%
Rockwell Automation, Inc. ROK$48.2 billion40.6934.4%22.7%11.3%0.741.2%
Agilent Technologies, Inc. A$47.4 billion33.1019.6%22.2%8.6%0.490.6%
Waters Corp. WAT$42.2 billion107.021.1%7.1%52.5%0.32n/a
Illumina, Inc. ILMN$40.0 billion49.3629.1%19.7%4.9%0.53n/a
Roper Technologies Inc. ROP$36.0 billion15.0913.4%28.0%10.9%0.570.9%
Mettler Toledo International Inc/ MTD$33.2 billion34.427,062.4%n/a6.9%164.70n/a
Veralto Corp. VLTO$23.4 billion24.1731.9%22.7%6.2%1.09n/a
MKS Inc. MKSI$17.6 billion41.5314.7%15.7%16.3%0.850.4%
Revvity, Inc. RVTY$17.1 billion73.143.3%12.3%4.1%0.450.2%
Fortive Corp. FTV$17.1 billion33.388.8%18.2%5.6%0.580.5%
Onto Innovation Inc. ONTO$14.9 billion96.948.1%13.8%8.0%0.00n/a
Trimble Inc. TRMB$14.0 billionn/a-2.0%17.0%5.8%0.29n/a
Avantor, Inc. AVTR$10.5 billionn/a-10.3%-4.6%-1.6%0.66n/a
Cognex Corp. CGNX$10.2 billion59.1410.7%21.9%17.1%0.000.6%
Bio-Rad Laboratories, Inc. BIO$9.7 billion43.683.1%2.1%1.4%0.17n/a
Bruker Corp. BRKR$8.8 billionn/a-3.0%-0.9%1.6%0.760.3%
Sensata Technologies Holding plc ST$6.1 billion70.383.0%7.5%0.8%0.820.8%
Vontier Corp. VNT$4.4 billion13.3629.2%18.8%0.9%1.340.3%
7 companies share its SEC industry code (Industrial Instruments For Measurement, Display, And Control); the rest are the names nearest in size in its wider industry, Measuring and Control Equipment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q5 July 20266 August 2026EDGAR
10-Q5 April 20267 May 2026EDGAR
10-K31 December 202512 February 2026EDGAR
10-Q28 September 202530 October 2025EDGAR
10-Q29 June 202531 July 2025EDGAR
10-Q30 March 20251 May 2025EDGAR
10-K31 December 202413 February 2025EDGAR
10-Q29 September 202431 October 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 20242 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install