Cognex Corporation(CGNX)Earnings, Financials & Key Ratios

CGNX•NASDAQ

$62.26

$10.43B mkt cap·91.6× P/E·Price updated May 6, 2026

SectorTechnology IndustryTech Hardware & Equipment Sub-IndustryMachine Vision, Imaging and Lidar

AboutCognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.Show more

Revenue$994M+8.7%
EBITDA$163M+10.0%
Net Income$114M+7.8%
EPS (Diluted)0.68+9.7%
Gross Margin66.92%-2.2%
EBITDA Margin16.35%+1.2%
Operating Margin16.35%+29.9%
Net Margin11.51%-0.9%
ROE7.61%+8.3%
ROIC9.01%+45.2%
Debt/Equity0.05+10.9%

Analysis→Technical→

CGNX Key Insights

Cognex Corporation (CGNX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 7/9
✓FCF machine: 23.8% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 17.0%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CGNX Price & Volume

Cognex Corporation (CGNX) stock price & volume — 10-year historical chart

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CGNX Growth Metrics

Cognex Corporation (CGNX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.24%

5 Years4.16%

3 Years-0.39%

TTM10.23%

Profit CAGR

10 Years-4.8%

5 Years-8.27%

3 Years-19.02%

TTM23.66%

EPS CAGR

10 Years-4.43%

5 Years-7.42%

3 Years-17.93%

TTM24.34%

Return on Capital

10 Years13.35%

5 Years10.83%

3 Years7.44%

Last Year8.89%

CGNX Recent Earnings

Cognex Corporation (CGNX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)

Q1 2026Latest

Feb 11, 2026

EPS

$0.27

Est $0.22

+22.7%

Revenue

$252M

Est $239M

+5.6%

Q4 2025

Oct 29, 2025

EPS

$0.33

Est $0.27

+22.2%

Revenue

$277M

Est $239M

+15.9%

Q3 2025

Jul 30, 2025

EPS

$0.25

Est $0.23

+8.7%

Revenue

$249M

Est $248M

+0.4%

Q2 2025

Apr 30, 2025

EPS

$0.16

Est $0.13

+23.1%

Revenue

$216M

Est $249M

-13.2%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 11, 2026	$0.27vs $0.22+22.7%	$252Mvs $239M+5.6%
Q4 2025	Oct 29, 2025	$0.33vs $0.27+22.2%	$277Mvs $239M+15.9%
Q3 2025	Jul 30, 2025	$0.25vs $0.23+8.7%	$249Mvs $248M+0.4%
Q2 2025	Apr 30, 2025	$0.16vs $0.13+23.1%	$216Mvs $249M-13.2%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
KEYSKeysight Technologies, Inc.Direct Competitor	62.89B	366.68	75.14	7.95%	16.88%	15.44%	2.04%	0.51
COHUCohu, Inc.Direct Competitor	2.33B	49.62	-31.21	12.74%	-11.54%	-6.84%	0.46%	0.46
VIAVViavi Solutions Inc.Direct Competitor	12.26B	53.00	353.33	8.39%	-4.03%	-6.92%	0.51%	0.89
NOVTNovanta Inc.Direct Competitor	4.95B	138.90	94.49	3.3%	5.49%	4.1%	0.98%	0.26
KLICKulicke and Soffa Industries, Inc.Product Competitor	4.91B	93.78	9999	-7.38%	-9.4%	-7.83%	1.96%	0.05
MKSIMKS Inc.Product Competitor	19.8B	293.77	67.22	9.62%	7.51%	10.85%	2.51%	1.73
CEVACEVA, Inc.Product Competitor	832.42M	34.66	-93.68	9.77%	-10.49%	-4.2%	0.06%	0.02
TRMBTrimble Inc.Product Competitor	15.09B	63.42	36.24	-2.61%	11.82%	7.27%	0.88%	0.24

Compare CGNX vs Peers

Cognex Corporation (CGNX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KEYS

Most directly comparable listed peer for CGNX.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare CGNX against a more recognizable public peer.

Peer Set

Compare Top 5

vs KEYS, COHU, VIAV, NOVT

CGNX Income Statement

Cognex Corporation (CGNX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	766.08M	806.34M	725.63M	811.02M	1.04B	1.01B	837.55M	914.51M	994.36M	971.71M
Revenue Growth %	44.68%	5.25%	-10.01%	11.77%	27.88%	-2.99%	-16.75%	9.19%	8.73%	10.23%
Cost of Goods Sold	187.29M	206.05M	189.75M	206.42M	277.27M	284.19M	236.31M	288.72M	328.97M	314.36M
COGS % of Revenue	24.45%	25.55%	26.15%	25.45%	26.74%	28.25%	28.21%	31.57%	33.08%	-
Gross Profit	578.79M▲ 0%	600.29M▲ 3.7%	535.87M▼ 10.7%	604.6M▲ 12.8%	759.83M▲ 25.7%	721.9M▼ 5.0%	601.24M▼ 16.7%	625.79M▲ 4.1%	665.39M▲ 6.3%	657.35M▲ 0%
Gross Margin %	75.55%	74.45%	73.85%	74.55%	73.26%	71.75%	71.79%	68.43%	66.92%	67.65%
Gross Profit Growth %	45.26%	3.71%	-10.73%	12.83%	25.67%	-4.99%	-16.71%	4.08%	6.33%	-
Operating Expenses	319.93M	379.14M	393.27M	434.07M	444.73M	475.68M	470.54M	510.73M	502.83M	499.22M
OpEx % of Revenue	41.76%	47.02%	54.2%	53.52%	42.88%	47.28%	56.18%	55.85%	50.57%	-
Selling, General & Admin	220.73M	262.7M	273.84M	267.59M	309.35M	312.11M	339.14M	370.91M	363.86M	363.77M
SG&A % of Revenue	28.81%	32.58%	37.74%	32.99%	29.83%	31.02%	40.49%	40.56%	36.59%	-
Research & Development	99.2M	116.44M	119.43M	130.98M	135.37M	141.13M	139.4M	139.81M	138.97M	135.45M
R&D % of Revenue	12.95%	14.44%	16.46%	16.15%	13.05%	14.03%	16.64%	15.29%	13.98%	-
Other Operating Expenses	0	0	0	35.49M	0	22.44M	-8M	0	0	0
Operating Income	258.86M▲ 0%	221.14M▼ 14.6%	142.6M▼ 35.5%	170.53M▲ 19.6%	315.1M▲ 84.8%	246.23M▼ 21.9%	130.7M▼ 46.9%	115.06M▼ 12.0%	162.57M▲ 41.3%	158.13M▲ 0%
Operating Margin %	33.79%	27.43%	19.65%	21.03%	30.38%	24.47%	15.61%	12.58%	16.35%	16.27%
Operating Income Growth %	68.02%	-14.57%	-35.52%	19.58%	84.78%	-21.86%	-46.92%	-11.96%	41.28%	-
EBITDA	275.85M	242.69M	167.5M	197.03M	335.38M	265.85M	152.58M	147.75M	162.57M	189.46M
EBITDA Margin %	36.01%	30.1%	23.08%	24.29%	32.34%	26.42%	18.22%	16.16%	16.35%	19.5%
EBITDA Growth %	63.1%	-12.02%	-30.98%	17.63%	70.22%	-20.73%	-42.61%	-3.16%	10.02%	47.23%
D&A (Non-Cash Add-back)	16.99M	21.55M	24.9M	26.5M	20.28M	19.62M	21.88M	32.69M	0	31.32M
EBIT	258.86M	221.14M	142.6M	206.02M	315.1M	268.67M	122.7M	115.06M	0	163.23M
Net Interest Income	0	0	0	0	0	0	0	0	0	4.1M
Interest Income	0	0	0	0	0	0	0	0	0	4.1M
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	7.6M	13.43M	20.39M	16.38M	3.8M	4.47M	4.65M	16.42M	20.24M	16.39M
Pretax Income	266.46M▲ 0%	234.57M▼ 12.0%	162.99M▼ 30.5%	186.91M▲ 14.7%	318.9M▲ 70.6%	250.69M▼ 21.4%	135.35M▼ 46.0%	131.49M▼ 2.9%	182.8M▲ 39.0%	174.52M▲ 0%
Pretax Margin %	34.78%	29.09%	22.46%	23.05%	30.75%	24.92%	16.16%	14.38%	18.38%	17.96%
Income Tax	89.75M	15.31M	-40.87M	10.72M	39.02M	35.17M	22.11M	25.32M	68.36M	64.4M
Effective Tax Rate %	33.68%	6.53%	-25.08%	5.74%	12.24%	14.03%	16.34%	19.25%	37.4%	36.9%
Net Income	176.71M▲ 0%	219.27M▲ 24.1%	203.87M▼ 7.0%	176.19M▼ 13.6%	279.88M▲ 58.9%	215.53M▼ 23.0%	113.23M▼ 47.5%	106.17M▼ 6.2%	114.44M▲ 7.8%	110.12M▲ 0%
Net Margin %	23.07%	27.19%	28.1%	21.72%	26.99%	21.42%	13.52%	11.61%	11.51%	11.33%
Net Income Growth %	22.98%	24.08%	-7.02%	-13.58%	58.86%	-22.99%	-47.46%	-6.24%	7.79%	23.66%
Net Income (Continuing)	176.71M	219.27M	203.87M	176.19M	279.88M	215.53M	113.23M	106.17M	0	110.12M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.99▲ 0%	1.24▲ 25.3%	1.16▼ 6.5%	1.00▼ 13.8%	1.56▲ 56.0%	1.23▼ 21.2%	0.65▼ 47.2%	0.62▼ 4.6%	0.68▲ 9.7%	0.65▲ 0%
EPS Growth %	15.12%	25.25%	-6.45%	-13.79%	56%	-21.15%	-47.15%	-4.62%	9.68%	24.34%
EPS (Basic)	1.02	1.27	1.19	1.02	1.59	1.24	0.66	0.62	0.68	-
Diluted Shares Outstanding	179.55M	177.41M	175.27M	176.59M	179.92M	174.87M	173.4M	172.61M	169.37M	169.32M
Basic Shares Outstanding	173.29M	172.33M	171.19M	173.49M	176.46M	173.41M	172.25M	171.44M	168.05M	167.84M
Dividend Payout Ratio	16.43%	14.53%	17.23%	221.65%	15.46%	21.31%	43.34%	49.29%	-	-

CGNX Balance Sheet

Cognex Corporation (CGNX) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	629.99M	780.33M	607.23M	601.69M	639.8M	717.7M	679M	613.37M	697.25M	670.92M
Cash & Short-Term Investments	404.54M	535.56M	411.9M	372.31M	323.62M	400.13M	332.05M	246.05M	262.93M	300.27M
Cash Only	106.58M	108.21M	171.43M	269.07M	186.16M	181.37M	202.66M	186.09M	262.93M	245.9M
Short-Term Investments	297.96M	427.35M	240.47M	103.24M	137.46M	218.76M	129.39M	59.96M	0	54.37M
Accounts Receivable	126.84M	127.48M	108.23M	131.33M	134.34M	127.6M	116.57M	146.41M	146.71M	171.52M
Days Sales Outstanding	60.43	57.71	54.44	59.1	47.28	46.29	50.8	58.44	53.85	62.73
Inventory	67.92M	83.28M	60.26M	60.83M	113.1M	122.48M	162.28M	157.53M	137.89M	143.68M
Days Inventory Outstanding	132.37	147.53	115.91	107.56	148.89	157.31	250.67	199.15	152.99	173.55
Other Current Assets	0	0	0	0	0	67.49M	68.1M	63.38M	149.72M	55.45M
Total Non-Current Assets	657.76M	509.34M	1.28B	1.2B	1.36B	1.24B	1.34B	1.38B	1.32B	1.33B
Property, Plant & Equipment	78.05M	91.4M	106.97M	101.75M	100.7M	117.4M	180.96M	165.77M	158.32M	164.05M
Fixed Asset Turnover	9.82x	8.82x	6.78x	7.97x	10.30x	8.57x	4.63x	5.52x	6.28x	5.82x
Goodwill	113.21M	113.21M	243.44M	244.08M	241.71M	242.63M	393.18M	384.94M	386.28M	392.08M
Intangible Assets	13.19M	10.11M	39.49M	15.55M	11.89M	12.41M	112.95M	90.68M	81.1M	86.75M
Long-Term Investments	423.44M	262.04M	433.45M	395.13M	583.75M	454.12M	244.23M	340.9M	305.34M	1.28B
Other Non-Current Assets	2.49M	3.92M	5.83M	7.79M	7.24M	6.64M	7.09M	5.03M	4.99M	20.67M
Total Assets	1.29B▲ 0%	1.29B▲ 0.1%	1.89B▲ 46.2%	1.8B▼ 4.5%	2B▲ 11.3%	1.96B▼ 2.3%	2.02B▲ 3.0%	1.99B▼ 1.2%	2.02B▲ 1.2%	2B▲ 0%
Asset Turnover	0.59x	0.63x	0.38x	0.45x	0.52x	0.51x	0.42x	0.46x	0.49x	0.49x
Asset Growth %	24%	0.14%	46.23%	-4.52%	11.27%	-2.27%	3.05%	-1.24%	1.19%	-8.21%
Total Current Liabilities	112.64M	91.36M	120.48M	132.3M	188.59M	187.71M	151.88M	169.38M	183.55M	169.27M
Accounts Payable	23.46M	16.23M	17.87M	16.27M	44.05M	27.1M	21.45M	38.05M	50.2M	45.48M
Days Payables Outstanding	45.73	28.75	34.37	28.77	57.99	34.81	33.14	48.1	55.7	49.09
Short-Term Debt	0	0	0	0	0	0	0	8.85M	11.72M	10.61M
Deferred Revenue (Current)	9.97M	9.85M	14.43M	21.27M	35.74M	40.79M	31.52M	0	21.09M	141.74M
Other Current Liabilities	14.98M	11.27M	10.86M	41.23M	50.92M	49.4M	27.72M	58.55M	150.74M	-4.83M
Current Ratio	5.59x	8.54x	5.04x	4.55x	3.39x	3.82x	4.47x	3.62x	3.80x	3.80x
Quick Ratio	4.99x	7.63x	4.54x	4.09x	2.79x	3.17x	3.40x	2.69x	3.05x	3.05x
Cash Conversion Cycle	147.08	176.48	135.99	137.9	138.18	168.79	268.33	209.48	151.14	187.2
Total Non-Current Liabilities	79.44M	63.05M	409.75M	406.2M	384.98M	332.04M	361.18M	305.96M	341.1M	343.84M
Long-Term Debt	0	0	0	0	0	0	0	0	64.87M	68.31M
Capital Lease Obligations	0	0	12.33M	18.12M	17.8M	31.3M	68.98M	61.36M	0	265.02M
Deferred Tax Liabilities	6.8M	8.07M	343.91M	329.21M	308.55M	265.83M	273.56M	243.52M	250.51M	967.03M
Other Non-Current Liabilities	72.64M	54.98M	53.52M	58.87M	58.64M	34.91M	18.64M	1.08M	25.72M	-40.6M
Total Liabilities	192.52M	154.4M	530.23M	538.5M	573.57M	519.75M	513.06M	475.35M	524.65M	513.11M
Total Debt	0	0	17.97M	26.23M	25.58M	39.75M	78.6M	70.22M	76.59M	78.92M
Net Debt	-106.58M	-108.21M	-153.46M	-242.84M	-160.58M	-141.62M	-124.05M	-115.88M	-186.34M	-166.97M
Debt / Equity	-	-	0.01x	0.02x	0.02x	0.03x	0.05x	0.05x	0.05x	0.05x
Debt / EBITDA	-	-	0.11x	0.13x	0.08x	0.15x	0.52x	0.48x	0.47x	0.42x
Net Debt / EBITDA	-0.39x	-0.45x	-0.92x	-1.23x	-0.48x	-0.53x	-0.81x	-0.78x	-1.15x	-1.15x
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity	1.1B▲ 0%	1.14B▲ 3.6%	1.36B▲ 19.4%	1.26B▼ 6.9%	1.43B▲ 13.3%	1.44B▲ 0.6%	1.5B▲ 4.6%	1.52B▲ 0.8%	1.49B▼ 1.7%	1.49B▲ 0%
Equity Growth %	13.79%	3.64%	19.42%	-6.9%	13.3%	0.58%	4.61%	0.85%	-1.69%	-7.06%
Book Value per Share	6.10	6.40	7.74	7.15	7.95	8.23	8.68	8.79	8.81	8.80
Total Shareholders' Equity	1.1B	1.14B	1.36B	1.26B	1.43B	1.44B	1.5B	1.52B	1.49B	1.49B
Common Stock	347K	342K	345K	352K	351K	345K	343K	341K	334K	335K
Retained Earnings	668.27M	646.21M	753.27M	487.91M	562.88M	528.18M	512.54M	499.3M	406.36M	412.35M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-34.6M	-40.5M	-37.27M	-33.8M	-47.94M	-69.3M	-45.34M	-72.78M	-53.5M	-46.18M
Minority Interest	0	0	0	0	0	0	0	0	0	0

CGNX Cash Flow Statement

Cognex Corporation (CGNX) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	224.32M	223.45M	253.31M	242.4M	314.06M	243.41M	112.92M	149.08M	245.51M	245.51M
Operating CF Margin %	29.28%	27.71%	34.91%	29.89%	30.28%	24.19%	13.48%	16.3%	24.69%	-
Operating CF Growth %	23.2%	-0.39%	13.36%	-4.31%	29.56%	-22.5%	-53.61%	32.03%	64.69%	560.6%
Net Income	177.18M	219.27M	203.87M	176.19M	279.88M	215.53M	113.23M	106.17M	114.44M	110.12M
Depreciation & Amortization	16.99M	21.55M	24.9M	26.5M	20.28M	19.62M	21.88M	32.69M	30.79M	31.32M
Stock-Based Compensation	31.94M	41.09M	45.59M	42.66M	43.77M	54.51M	54.77M	52.44M	48.52M	47.73M
Deferred Taxes	1.79M	-413K	-94.87M	-3.35M	-3.12M	-27.34M	-19.78M	-21.51M	40.15M	29.67M
Other Non-Cash Items	-183K	-396K	2.15M	31.76M	7.26M	54.63M	10.53M	4.13M	11.62M	2.49M
Working Capital Changes	-3.39M	-57.64M	71.67M	-31.36M	-34.01M	-73.53M	-67.72M	-24.85M	0	675K
Change in Receivables	-55.19M	-1.87M	20.34M	-22.13M	-2.87M	5.26M	23.09M	-32.13M	-1.36M	-12.68M
Change in Inventory	-37.09M	-16.95M	17.84M	-10.32M	-54.92M	-48.93M	3.77M	2.5M	15.64M	7.2M
Change in Payables	12.32M	-7.25M	1.63M	-1.69M	27.83M	-17.28M	-13.74M	18.35M	11.71M	15.71M
Cash from Investing	-105.56M	-10.83M	-157.34M	169.44M	-252.54M	-4.45M	32.27M	-38.97M	28.02M	49.85M
Capital Expenditures	-28.75M	-37.09M	-21.75M	-13.3M	-15.46M	-19.67M	-23.08M	-15.04M	-8.74M	-8.22M
CapEx % of Revenue	3.75%	4.6%	3%	1.64%	1.49%	1.95%	2.76%	1.64%	0.88%	-
Acquisitions	-24.12M	-4.26M	-166.91M	1M	0	-5.05M	-257.06M	-1.44M	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-291K	30.53M	0	0	0	0	0	-8K	6.86M	27K
Cash from Financing	-100.12M	-209.9M	-32.23M	-316.87M	-141.62M	-240.37M	-125.61M	-118.42M	-206.69M	-224.95M
Debt Issued (Net)	0	0	0	0	0	0	0	0	0	0
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	0	-2.82M
Dividends Paid	-29.04M	-31.86M	-35.12M	-390.51M	-43.26M	-45.92M	-49.08M	-52.33M	-54.63M	-54.13M
Share Repurchases	-123.72M	-203.82M	-61.69M	-51.04M	-161.65M	-204.31M	-79.79M	-67.08M	-151.23M	-169.3M
Other Financing	-1.93M	-1M	64.58M	124.68M	63.29M	9.86M	3.27M	994K	-152.07M	-2.71M
Net Change in Cash	26.94M▲ 0%	1.63M▼ 93.9%	63.22M▲ 3778.5%	97.64M▲ 54.5%	-82.91M▼ 184.9%	-4.79M▲ 94.2%	21.28M▲ 544.6%	-16.56M▼ 177.8%	76.83M▲ 563.9%	48.82M▲ 0%
Free Cash Flow	195.57M▲ 0%	186.36M▼ 4.7%	231.57M▲ 24.3%	229.1M▼ 1.1%	298.61M▲ 30.3%	223.74M▼ 25.1%	89.84M▼ 59.8%	134.04M▲ 49.2%	236.77M▲ 76.6%	213.8M▲ 0%
FCF Margin %	25.53%	23.11%	31.91%	28.25%	28.79%	22.24%	10.73%	14.66%	23.81%	22%
FCF Growth %	15.54%	-4.71%	24.26%	-1.07%	30.34%	-25.07%	-59.85%	49.2%	76.64%	131.93%
FCF per Share	1.09	1.05	1.32	1.30	1.66	1.28	0.52	0.78	1.40	1.40
FCF Conversion (FCF/Net Income)	1.27x	1.02x	1.24x	1.38x	1.12x	1.13x	1.00x	1.40x	2.15x	1.94x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

CGNX Key Ratios

Cognex Corporation (CGNX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	17.17%	19.66%	16.37%	13.46%	20.79%	15.03%	7.69%	7.03%	7.61%	7.39%
Return on Invested Capital (ROIC)	20.75%	16.46%	9.6%	11.51%	20.65%	14.39%	7.32%	6.2%	9.01%	9.01%
Gross Margin	75.55%	74.45%	73.85%	74.55%	73.26%	71.75%	71.79%	68.43%	66.92%	67.65%
Net Margin	23.07%	27.19%	28.1%	21.72%	26.99%	21.42%	13.52%	11.61%	11.51%	11.33%
Debt / Equity	-	-	0.01x	0.02x	0.02x	0.03x	0.05x	0.05x	0.05x	0.05x
FCF Conversion	1.27x	1.02x	1.24x	1.38x	1.12x	1.13x	1.00x	1.40x	2.15x	1.94x
Revenue Growth	44.68%	5.25%	-10.01%	11.77%	27.88%	-2.99%	-16.75%	9.19%	8.73%	10.23%

CGNX SEC Filings & Documents

Cognex Corporation (CGNX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Feb 17, 2026·SEC

Material company update

Feb 11, 2026·SEC

Material company update

Nov 3, 2025·SEC

10-K Annual Reports

FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 13, 2025·SEC

FY 2024

Feb 15, 2024·SEC

10-Q Quarterly Reports

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 31, 2025·SEC

FY 2025

May 1, 2025·SEC

CGNX Frequently Asked Questions

Cognex Corporation (CGNX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Cognex Corporation (CGNX) reported $971.7M in revenue for fiscal year 2025. This represents a 691% increase from $122.8M in 1996.

Cognex Corporation (CGNX) grew revenue by 8.7% over the past year. This is steady growth.

Yes, Cognex Corporation (CGNX) is profitable, generating $110.1M in net income for fiscal year 2025 (11.5% net margin).

Dividend & Returns

Yes, Cognex Corporation (CGNX) pays a dividend with a yield of 0.52%. This makes it attractive for income-focused investors.

Cognex Corporation (CGNX) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.

Cognex Corporation (CGNX) generated $213.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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