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Cognex CGNX Segment, General, And Engineering Expense — Incentive compensation

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$7.01M+14.7%

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 cgnx:IncentiveCompensationExpenseBonusAndSalesCommissions.

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
Total research, development, and engineering expenses32,39133,10269,41667,829
Selling, general, and administrative expenses
Salaries and fringe benefits41,82344,44086,84986,635
Incentive compensation (2)13,69313,85828,01924,740
Stock-based compensation7,2328,31413,14612,889
Depreciation and amortization3,3724,1187,0388,279
Other segment expenses (3)21,74520,61146,85442,302
Total selling, general, and administrative expenses87,86591,341181,906174,845

Item 1. Financial Statements (interim periods unaudited)

FAQ

What is Cognex's segment, general, and engineering expense — incentive compensation?
Cognex (CGNX) reported segment, general, and engineering expense — incentive compensation of $13.69M in Q2 2026.
How has Cognex's segment, general, and engineering expense — incentive compensation changed year-over-year?
Cognex's segment, general, and engineering expense — incentive compensation decreased by 1.2% year-over-year, from $13.86M to $13.69M.
What is the long-term trend for Cognex's segment, general, and engineering expense — incentive compensation?
Over 3 years (2022 to 2025), Cognex's segment, general, and engineering expense — incentive compensation has grown at a 11.2% compound annual growth rate (CAGR), from $40.72M to $55.93M.
What does segment, general, and engineering expense — incentive compensation mean?
This metric captures variable cash compensation, including performance-based bonuses and sales commissions, allocated to the general and engineering segments. It serves as a lever to align employee performance with corporate financial targets and sales growth. Fluctuations in this metric often correlate with the company's overall profitability and achievement of specific operational milestones.

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