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Cognex CGNX Research, Development and Engineering Expenses — Salaries and fringe benefits

Other segment segments

Segment, General, And Engineering Expense
$41.82M-5.9%

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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:LaborAndRelatedExpense.

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
Gross profit205,773167,876396,712312,199
Less:
Research, development, and engineering expenses
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

Item 1. Financial Statements (interim periods unaudited)

FAQ

What is Cognex's research, development and engineering expenses — salaries and fringe benefits?
Cognex (CGNX) reported research, development and engineering expenses — salaries and fringe benefits of $18.97M in Q2 2026.
How has Cognex's research, development and engineering expenses — salaries and fringe benefits changed year-over-year?
Cognex's research, development and engineering expenses — salaries and fringe benefits decreased by 3.0% year-over-year, from $19.56M to $18.97M.
What is the long-term trend for Cognex's research, development and engineering expenses — salaries and fringe benefits?
Over 3 years (2022 to 2025), Cognex's research, development and engineering expenses — salaries and fringe benefits has grown at a -0.3% compound annual growth rate (CAGR), from $76.45M to $75.69M.
What does research, development and engineering expenses — salaries and fringe benefits mean?
This metric represents the fixed personnel costs associated with the research, development, and engineering workforce. It includes base salaries, payroll taxes, and employee benefit programs for the staff responsible for designing and maintaining machine vision products. These costs reflect the core human capital investment required to sustain the company's innovation pipeline.

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