Cognex

US · CGNX #1393 by market cap Listed 1970

61.21 -5.14 -7.75%

Live - 5344 symbols - heartbeat 479s ago · 2026-10-08 08:24

Pre-market 60.45 -1.24%

After-hours 61.15 -0.10%

Overnight 60.73 -0.78%

Market cap: 10.30B
P/E (TTM): 58.86
P/B: 6.32
EPS: 0.68
Div yield: 0.55%
52W pos: 70%

Reader sentiment Are you bullish or bearish on CGNX?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 13.12, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +8.73% YoY

Margins

Gross margin: 66.92%
Operating margin: 16.35%
Net margin: 11.51%

Key ratios & quality

Altman Z-Score: 13.12

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	806.34M	725.63M	811.02M	1.04B	1.01B	837.55M	914.52M	994.36M
Gross profit	600.29M	535.87M	604.60M	759.83M	721.91M	601.24M	625.79M	665.39M
Selling & admin expenses	262.70M	273.84M	267.59M	309.35M	312.11M	339.14M	370.91M	363.86M
Research & development	116.45M	119.43M	130.98M	135.37M	141.13M	139.40M	139.82M	138.97M
Operating profit	221.14M	142.60M	206.02M	315.10M	268.67M	122.70M	115.07M	162.57M
Pretax profit	234.57M	162.99M	186.91M	318.90M	250.70M	135.35M	131.49M	182.80M
Tax	15.31M	-40.87M	10.73M	39.02M	35.17M	22.11M	25.32M	68.36M
Net profit	219.27M	203.87M	176.19M	279.88M	215.53M	113.23M	106.17M	114.44M
Basic EPS	1	1	1	2	1	1	1	1
Diluted EPS	1.24	1.16	1.00	1.56	1.23	0.65	0.62	0.68

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Revenue	216.04M	249.09M	276.89M	252.34M	268.44M	291.26M
Gross profit	144.32M	167.88M	187.29M	165.90M	190.94M	205.77M
Selling & admin expenses	83.50M	91.34M	94.44M	94.57M	94.04M	87.87M
Research & development	34.73M	33.10M	35.08M	36.06M	37.03M	32.39M
Operating profit	26.09M	43.43M	57.77M	35.28M	59.87M	85.52M
Pretax profit	27.80M	48.06M	62.86M	44.08M	61.76M	89.30M
Tax	4.20M	7.55M	45.20M	11.42M	10.05M	16.54M
Net profit	23.60M	40.51M	17.66M	32.66M	51.70M	72.76M
Basic EPS	0	0	0	0	0	0
Diluted EPS	0.14	0.24	0.10	0.19	0.31	0.43

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	780.33M	607.23M	601.69M	639.80M	717.70M	679.00M	613.37M	697.25M
Cash & ST investments	535.56M	411.90M	372.31M	323.62M	400.13M	332.05M	246.05M	336.96M
Inventory	83.28M	60.26M	60.83M	113.10M	122.48M	162.29M	157.53M	137.89M
Total assets	1.29B	1.89B	1.80B	2.00B	1.96B	2.02B	1.99B	2.02B
Total current liabilities	91.36M	120.48M	132.30M	188.59M	187.71M	151.88M	169.38M	183.55M
Short-term debt	--	5.65M	8.11M	7.79M	8.45M	9.62M	8.85M	11.72M
Long-term debt	--	--	--	--	--	--	--	--
Total liabilities	154,404,000.00	530,225,000.00	538,500,000.00	573,569,000.00	519,746,000.00	513,060,000.00	475,345,000.00	524,654,000.00
Total equity	1.14B	1.36B	1.26B	1.43B	1.44B	1.50B	1.52B	1.49B
Retained earnings	646.21M	753.27M	487.91M	562.88M	528.18M	512.54M	499.30M	406.36M

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Total current assets	577.68M	625.73M	670.92M	697.25M	690.35M	849.88M
Cash & ST investments	200.45M	228.20M	300.27M	336.96M	296.76M	404.37M
Inventory	152.11M	144.58M	143.68M	137.89M	135.55M	142.84M
Total assets	1.93B	2.00B	2.00B	2.02B	2.01B	2.18B
Total current liabilities	183.96M	190.44M	169.27M	183.55M	189.49M	216.03M
Short-term debt	10.28M	11.26M	10.61M	11.72M	12.31M	12.28M
Long-term debt	--	--	--	--	--	--
Total liabilities	486,875,000.00	497,484,000.00	513,114,000.00	524,654,000.00	526,649,000.00	549,095,000.00
Total equity	1.45B	1.51B	1.49B	1.49B	1.48B	1.63B
Retained earnings	405.95M	433.04M	412.35M	406.36M	344.44M	397.14M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	223.45M	253.31M	242.40M	314.07M	243.41M	112.92M	149.08M	245.51M
Depreciation & amortization	21.55M	24.90M	26.50M	20.28M	19.62M	21.88M	32.69M	30.79M
Free cash flow	186.36M	231.57M	229.10M	298.61M	223.74M	89.84M	134.04M	236.77M
Dividends paid	-31.87M	-35.12M	-390.51M	-43.26M	-45.92M	-49.08M	-52.33M	-54.63M
Stock buybacks / issuance	-203.82M	-61.69M	-51.04M	-161.65M	-204.31M	-79.79M	-67.09M	-151.23M
Ending cash balance	108.21M	171.43M	269.07M	186.16M	181.37M	202.66M	186.09M	262.93M

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
Operating cash flow	40.50M	42.63M	87.49M	74.90M	45.09M	69.15M
Depreciation & amortization	7.93M	8.00M	7.53M	7.33M	7.24M	6.88M
Free cash flow	38.00M	40.43M	86.03M	72.31M	42.34M	67.62M
Dividends paid	-13.55M	-13.43M	-13.44M	-14.20M	-14.20M	-14.26M
Stock buybacks / issuance	-102.23M	0	-24.00M	-25.00M	-99.00M	-6.24M
Ending cash balance	143.74M	179.31M	245.90M	262.93M	237.34M	302.52M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	19.66	16.37	13.46	20.79	15.03	7.69	7.03	7.61
ROA %	17.01	12.84	9.56	14.71	10.88	5.70	5.29	5.71
ROIC %	19.66	16.14	13.24	20.40	14.69	7.40	6.70	7.25
5-year avg ROE %	18.89	18.64	16.55	17.49	17.06	14.67	12.80	11.63
EBIT margin %	27.43	19.65	25.40	30.38	26.70	14.65	12.58	16.35
FCF / sales %	23.11	31.90	28.25	28.79	22.24	10.73	14.66	23.81
Current ratio	8.54	5.04	4.55	3.39	3.82	4.47	3.62	3.80
Quick ratio	7.26	4.32	3.81	2.43	2.81	2.95	2.32	2.73
Debt / assets	0.00	0.95	1.46	1.28	2.03	3.90	3.52	3.80
LT debt / equity	--	0.91	1.44	1.24	2.18	4.58	4.04	4.35
Interest coverage	--	--	--	--	--	--	--	--
Revenue CAGR (3Y) %	21.41	11.07	1.92	8.75	11.51	1.08	-4.11	-0.39
Net income CAGR (3Y) %	5.44	12.37	-0.10	8.48	1.87	-13.70	-27.61	-19.02
FCF CAGR (3Y) %	23.21	11.01	5.42	17.02	-1.14	-26.80	-23.43	1.91

Line item	2025-03	2025-06	2025-09	2025-12	2026-04	2026-07
ROE %	8.02	8.10	7.21	7.61	9.75	11.15
ROA %	5.97	6.09	5.42	5.71	7.24	8.36
ROIC %	7.63	7.70	6.86	7.25	9.28	10.62
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	13.80	14.19	16.27	16.35	18.76	21.90
FCF / sales %	17.66	19.32	22.00	23.81	23.03	24.64
Current ratio	3.14	3.29	3.96	3.80	3.64	3.93
Quick ratio	1.98	2.18	2.79	2.73	2.55	2.93
Debt / assets	3.81	4.15	3.94	3.80	3.69	3.33
LT debt / equity	4.39	4.78	4.59	4.35	4.17	3.69
Interest coverage	--	--	--	--	--	--
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

Revenue breakdown most recent period

Business

Machine vision technology100.00%

Quote time 2026-10-08 08:24:17 · For reference only, not investment advice and not tailored to your situation.