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Cognex CGNX Segment, General, And Engineering Expense — Stock-Based Comp

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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:AllocatedShareBasedCompensationExpense.

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
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
Operating income85,51743,433145,39069,525

Item 1. Financial Statements (interim periods unaudited)

FAQ

What is Cognex's segment, general, and engineering expense — stock-based comp?
Cognex (CGNX) reported segment, general, and engineering expense — stock-based comp of $7.23M in Q2 2026.
How has Cognex's segment, general, and engineering expense — stock-based comp changed year-over-year?
Cognex's segment, general, and engineering expense — stock-based comp decreased by 13.0% year-over-year, from $8.31M to $7.23M.
What is the long-term trend for Cognex's segment, general, and engineering expense — stock-based comp?
Over 3 years (2022 to 2025), Cognex's segment, general, and engineering expense — stock-based comp has grown at a -3.8% compound annual growth rate (CAGR), from $34.8M to $30.97M.
What does segment, general, and engineering expense — stock-based comp mean?
This metric represents the non-cash expense recognized for equity-based awards granted to employees within the general and engineering functions. It is a critical component of total compensation strategy used to attract and retain specialized engineering talent. Investors track this to understand the dilution impact and the true economic cost of talent acquisition.

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