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Cognex CGNX Research, Development and Engineering Expenses — D&A

Other segment segments

Segment, General, And Engineering Expense
$3.37M-18.1%

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Other financials

Income statement

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Revenue$291.3M+16.9%
Gross profit$205.8M+22.6%
Operating income$85.5M+96.9%
Net income$72.8M+79.6%
EPS (diluted)$0.43+79.2%

Balance sheet

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Cash & equivalents$302.5M+68.7%
Total debt$72.5M-12.9%
Total equity$1.6B+8.2%
Total assets$2.2B+8.7%

Cash flow

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Operating cash flow$69.2M+62.2%
CapEx$1.5M-30.2%
Free cash flow$67.6M+67.3%

Valuation

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Market cap$11.77B+71.4%
Enterprise value$11.54B+70.4%
P/E67.3×+11.1×
P/S10.8×+3.4×

Profitability

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Gross margin68.9%+1.2pp
Operating margin21.9%+7.7pp
Net margin16.1%+2.9pp
FCF margin24.6%+5.3pp

Returns & leverage

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Return on equity11.1%+3.0pp
Debt / equity0.0×
Current ratio3.9×+0.6×

Where this comes from

Reported directly by Cognex in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Cognex’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 6:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000851205-26-000065
Line itemThree-months Ended / July 5, 2026Three-months Ended / June 29, 2025Six-months Ended / July 5, 2026Six-months Ended / June 29, 2025
Salaries and fringe benefits18,96519,55738,03937,831
Incentive compensation (2)2,2962,3684,3203,439
Stock-based compensation3,3883,4438,4828,139
Depreciation and amortization4727379741,492
Other segment expenses (3)7,2706,99717,60116,928
Total research, development, and engineering expenses32,39133,10269,41667,829
Selling, general, and administrative expenses
Salaries and fringe benefits41,82344,44086,84986,635

Item 1. Financial Statements (interim periods unaudited)

FAQ

What is Cognex's research, development and engineering expenses — D&A?
Cognex (CGNX) reported research, development and engineering expenses — D&A of $472K in Q2 2026.
How has Cognex's research, development and engineering expenses — D&A changed year-over-year?
Cognex's research, development and engineering expenses — D&A decreased by 36.0% year-over-year, from $737K to $472K.
What is the long-term trend for Cognex's research, development and engineering expenses — D&A?
Over 3 years (2022 to 2025), Cognex's research, development and engineering expenses — D&A has grown at a -0.3% compound annual growth rate (CAGR), from $2.65M to $2.63M.
What does research, development and engineering expenses — D&A mean?
This metric accounts for the systematic allocation of the cost of tangible and intangible assets used specifically within the research and development facilities. It includes the wear and tear on specialized testing equipment, lab hardware, and capitalized software tools used for product development. It provides insight into the capital intensity of the company's innovation efforts.

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