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Segments

By segment

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Segment, General, And Engineering Expense$3.37M-18.1%
Research, Development and Engineering Expenses$472K-36.0%

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:Depreciation.

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 itemSix-months Ended / July 5, 2026Six-months Ended / June 29, 2025
Net income$124,460$64,114
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Stock-based compensation expense23,14522,233
Depreciation of property, plant, and equipment9,29410,627
Amortization of intangible assets4,8215,306
Excess and obsolete inventory charges1,121710
Loss on sale of business, net of transaction costs1,539
Deferred income taxes5,096(6,193)

Item 1. Financial Statements (interim periods unaudited)

FAQ

What is Cognex's D&A?
Cognex (CGNX) reported D&A of $4.59M in Q2 2026.
How has Cognex's D&A changed year-over-year?
Cognex's D&A decreased by 13.7% year-over-year, from $5.32M to $4.59M.
What is the long-term trend for Cognex's D&A?
Over 4 years (2021 to 2025), Cognex's D&A has grown at a 5.1% compound annual growth rate (CAGR), from $16.62M to $20.29M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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