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Cognex CGNX Gross margin

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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$11.9B+71.4%
Enterprise value$11.67B+70.4%
P/E68.1×+11.2×
P/S10.9×+3.5×

Profitability

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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

Calculated from Cognex’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 6, 2026, 6:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000851205-26-000065

FAQ

What is Cognex's gross margin?
Cognex (CGNX) reported gross margin of 68.9% in Q2 2026.
How has Cognex's gross margin changed year-over-year?
Cognex's gross margin increased by 1.7% year-over-year, from 67.7% to 68.9%.
What is the long-term trend for Cognex's gross margin?
Over 5 years (2020 to 2025), Cognex's gross margin has grown at a -2.1% compound annual growth rate (CAGR), from 74.5% to 66.9%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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