Financials · CGNX

Cognex Corporation (CGNX) financials

For the twelve months ended Oct 4, 2026, Cognex Corporation reported $1.13B of revenue and $241.94M of net income.

Revenue, TTM
$1.13B
Revenue growth, YoY
+15.8%
Net income, TTM
$241.94M
Net income growth, YoY
+119.7%
Net margin
21.5%
Free cash flow, TTM
$286.04M
EPS, diluted, TTM
$1.44
EPS growth, YoY
+121.5%
Cash
$694.70M
P/E
35.35
P/S
7.60
Market cap
$8.55B
Annual revenue$994.36M
FY2016FY2025
Annual net income$114.44M
FY2016FY2025
Annual free cash flow$236.77M
FY2016FY2025

CGNX revenue and earnings growth

CGNX revenueQ3 2026$313.39M

Quarter YoY
+13.2%
QoQ
+7.6%
FY YoY
+8.7%
5Y CAGR
+4.2%
10Y CAGR
+8.2%

CGNX revenue was $313.39M in fiscal Q3 2026 (ended Oct 4, 2026), up 13.2% from a year earlier and up 7.6% from the prior quarter. For the full fiscal 2025 it was $994.36M, up 8.7% from fiscal 2024. Compound annual growth was +4.2% over 5 years and +8.2% over 10 years. It rose in 7 of the last 10 fiscal years.

CGNX net incomeQ3 2026$84.82M

Quarter YoY
+380.2%
QoQ
+16.6%
FY YoY
+7.8%
5Y CAGR
-8.3%
10Y CAGR
-4.8%

CGNX net income was $84.82M in fiscal Q3 2026 (ended Oct 4, 2026), up 380.2% from a year earlier and up 16.6% from the prior quarter. For the full fiscal 2025 it was $114.44M, up 7.8% from fiscal 2024. Compound annual growth was -8.3% over 5 years and -4.8% over 10 years. It rose in 4 of the last 10 fiscal years.

CGNX EPSQ3 2026$0.50

Quarter YoY
+400.0%
QoQ
+16.3%
FY YoY
+9.7%
5Y CAGR
-7.4%
10Y CAGR
-4.3%

CGNX diluted EPS was $0.50 in fiscal Q3 2026 (ended Oct 4, 2026), up 400.0% from a year earlier and up 16.3% from the prior quarter. For the full fiscal 2025 it was $0.68, up 9.7% from fiscal 2024. Compound annual growth was -7.4% over 5 years and -4.3% over 10 years.

CGNX free cash flowQ3 2026$103.78M

Quarter YoY
+20.6%
QoQ
+53.5%
FY YoY
+76.6%
5Y CAGR
+0.7%
10Y CAGR
+8.0%

CGNX free cash flow was $103.78M in fiscal Q3 2026 (ended Oct 4, 2026), up 20.6% from a year earlier and up 53.5% from the prior quarter. For the full fiscal 2025 it was $236.77M, up 76.6% from fiscal 2024. Compound annual growth was +0.7% over 5 years and +8.0% over 10 years. It rose in 6 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$994.36M$914.51M$837.55M$1.01B$1.04B$811.02M$725.63M$806.34M$766.08M$529.51M
Cost of revenue$328.97M$288.72M$236.31M$284.19M$277.27M$206.42M$189.75M$206.05M$187.29M$131.07M
Gross profit$665.39M$625.79M$601.24M$721.90M$759.83M$604.60M$535.87M$600.29M$578.79M$398.44M
Research and development$138.97M$139.81M$139.40M$141.13M$135.37M$130.98M$119.43M$116.44M$99.20M$78.27M
Selling, general and admin$363.86M$370.91M$339.14M$312.11M$309.35M$267.59M$273.84M$262.70M$220.73M$166.11M
Operating income$162.57M$115.06M$130.70M$246.23M$315.10M$170.53M$142.60M$221.14M$258.86M$154.07M
Pre-tax income$182.80M$131.49M$135.35M$250.69M$318.90M$186.91M$162.99M$234.57M$266.46M$162.08M
Income tax$68.36M$25.32M$22.11M$35.17M$39.02M$10.72M-$40.87M$15.31M$89.75M$18.13M
Net income$114.44M$106.17M$113.23M$215.53M$279.88M$176.19M$203.87M$219.27M$176.71M$143.69M
EPS, basic$0.68$0.62$0.66$1.24$1.59$1.02$1.19$1.27$1.02$0.84
EPS, diluted$0.68$0.62$0.65$1.23$1.56$1.00$1.16$1.24$0.98$0.83
Diluted shares169.4M172.6M173.4M174.9M179.9M176.6M175.3M177.4M179.6M174.1M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$262.93M$186.09M$202.66M$181.37M$186.16M$269.07M$171.43M$108.21M$106.58M$79.64M
Receivables$146.71M$143.36M$114.16M$125.42M$130.35M$125.70M$103.45M$119.17M$119.39M$55.44M
Inventory$137.89M$157.53M$162.28M$122.48M$113.10M$60.83M$60.26M$83.28M$67.92M$26.98M
Current assets$697.25M$613.37M$679.00M$717.70M$639.80M$601.69M$607.23M$780.33M$629.99M$526.34M
Goodwill$386.28M$384.94M$393.18M$242.63M$241.71M$244.08M$243.44M$113.21M$113.21M$95.28M
Total assets$2.02B$1.99B$2.02B$1.96B$2.00B$1.80B$1.89B$1.29B$1.29B$1.04B
Current liabilities$183.55M$169.38M$151.88M$187.71M$188.59M$132.30M$120.48M$91.36M$112.64M$65.77M
Total liabilities$524.65M$475.35M$513.06M$519.75M$573.57M$538.50M$530.23M$154.40M$192.08M$76.00M
Shareholders' equity$1.49B$1.52B$1.50B$1.44B$1.43B$1.26B$1.36B$1.14B$1.10B$963.38M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$245.51M$149.08M$112.92M$243.41M$314.06M$242.40M$253.31M$223.45M$224.32M$182.08M
Capital expenditures$8.74M$15.04M$23.08M$19.67M$15.46M$13.30M$21.75M$37.09M$28.75M$12.82M
Free cash flow$236.77M$134.04M$89.84M$223.74M$298.61M$229.10M$231.57M$186.36M$195.57M$169.26M
Investing cash flow$28.02M-$38.97M$32.27M-$4.45M-$252.54M$169.44M-$157.34M-$10.83M-$105.56M-$121.83M
Financing cash flow-$206.69M-$118.42M-$125.61M-$240.37M-$141.62M-$316.87M-$32.23M-$209.90M-$100.12M-$29.23M
Dividends paid$54.63M$52.33M$49.08M$45.92M$43.26M$390.51M$35.12M$31.86M$29.04M$25.21M
Share repurchases$151.23M$67.08M$79.79M$204.31M$161.65M$51.04M$61.69M$203.82M$123.72M$47.15M
Stock-based compensation-----$1.40M----

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY8.7%9.2%-16.8%-3.0%27.9%11.8%-10.0%5.3%44.7%17.5%
Net income growth, YoY7.8%-6.2%-47.5%-23.0%58.9%-13.6%-7.0%24.1%23.0%-23.2%
EPS growth, YoY9.7%-4.6%-47.2%-21.2%56.0%-13.8%-6.5%26.5%18.1%-21.7%
Gross margin66.9%68.4%71.8%71.8%73.3%74.5%73.8%74.4%75.6%75.2%
Operating margin16.3%12.6%15.6%24.5%30.4%21.0%19.7%27.4%33.8%29.1%
Net margin11.5%11.6%13.5%21.4%27.0%21.7%28.1%27.2%23.1%27.1%
Free cash flow margin23.8%14.7%10.7%22.2%28.8%28.2%31.9%23.1%25.5%32.0%
Return on equity7.7%7.0%7.5%15.0%19.6%14.0%15.0%19.3%16.1%14.9%
Return on assets5.7%5.3%5.6%11.0%14.0%9.8%10.8%17.0%13.7%13.8%
Current ratio3.803.624.473.823.394.555.048.545.598.00

Source: XBRL data Cognex Corporation files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported Oct 28, 2013; 2-for-1, first reported Feb 15, 2018.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CGNX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CGNX$1.13B+15.8%$241.94M21.5%$8.55B
ASML€32.67B+15.6%€9.61B29.4%$581.15B
LRCX$26.13B+33.4%$8.45B32.3%$277.80B
TMO$47.35B+8.3%$7.07B14.9%$266.10B
DE$47.98B+8.0%$4.87B10.2%$185.41B
DHR$25.61B+5.5%$4.33B16.9%$166.11B
ETN$31.98B+20.1%$3.90B12.2%$137.61B
JCI$24.43B+5.1%$3.53B14.5%$85.48B
ITW$16.65B+4.8%$3.23B19.4%$81.86B

CGNX FAQ

9 questions
  • What is CGNX revenue?
    Cognex Corporation (CGNX) reported $1.13B of revenue for the twelve months ended Oct 4, 2026. That is up 15.8% from the year before. Revenue for fiscal 2025 was $994.36M.
  • Is CGNX profitable?
    Yes. Cognex Corporation earned $241.94M in net income for the twelve months ended Oct 4, 2026, a net margin of 21.5%.
  • How much cash and debt does CGNX have?
    Cognex Corporation reported $694.70M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is CGNX revenue growing?
    Cognex Corporation's revenue changed +8.7% in fiscal 2025, to $994.36M. Its compound annual growth rate was +4.2% over 5 years and +8.2% over 10 years.
  • What is CGNX gross margin?
    Cognex Corporation's gross profit was $784.36M on $1.13B of revenue for the twelve months ended Oct 4, 2026, a gross margin of 69.7%.
  • What is CGNX free cash flow?
    Cognex Corporation generated $286.04M of free cash flow for the twelve months ended Oct 4, 2026, which is operating cash flow of $295.56M less capital expenditures.
  • What is CGNX earnings per share?
    Diluted earnings per share were $1.44 for the twelve months ended Oct 4, 2026, from SEC filings, restated for any stock split those filings show.
  • When did CGNX last report financial results?
    The latest statements here come from Cognex Corporation's 10-Q filed on Nov 5, 2026, covering the period ended Oct 4, 2026.
  • Where does this CGNX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Cognex Corporation files with the SEC. It is provided for information only and is not investment advice.