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Cognex CGNX Excess and obsolete inventory charges

Excess and obsolete inventory charges at other companies

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Other financials

Income statement

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Revenue$268.4M+24.3%
Gross profit$190.9M+32.3%
Operating income$59.9M+129%
Net income$51.7M+119%
EPS (diluted)$0.31+121%

Balance sheet

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Cash & equivalents$237.3M+65.1%
Total debt$74.0M+0.4%
Total equity$1.5B+2.3%
Total assets$2.0B+3.8%

Cash flow

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Operating cash flow$45.1M+11.3%
CapEx$2.8M+10.2%
Free cash flow$42.3M+11.4%

Valuation

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Market cap$11B+61.9%
Enterprise value$10.84B+60.9%
P/E77.2×+19.5×
P/S10.5×+3.1×

Profitability

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Gross margin68%-0.3pp
Operating margin18.8%+5.0pp
Net margin13.6%+0.8pp
FCF margin23%+5.4pp

Returns & leverage

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Return on equity9.7%+1.7pp
Debt / equity0.1×0.0×
Current ratio3.6×+0.5×

Where this comes from

Reported directly by Cognex in its filing.

Tagged under the XBRL concept cgnx:ExcessAndObsoleteInventoryCharges.

The official record: Cognex’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cognex's excess and obsolete inventory charges?
Cognex (CGNX) reported excess and obsolete inventory charges of $364K in Q1 2026.
How has Cognex's excess and obsolete inventory charges changed year-over-year?
Cognex's excess and obsolete inventory charges increased by 84.8% year-over-year, from $197K to $364K.
What is the long-term trend for Cognex's excess and obsolete inventory charges?
Over 4 years (2021 to 2025), Cognex's excess and obsolete inventory charges has grown at a 57.0% compound annual growth rate (CAGR), from $2.57M to $15.64M.
What does excess and obsolete inventory charges mean?
The cost of writing off inventory that is outdated or cannot be sold.
How do you interpret excess and obsolete inventory charges?
Increasing charges signal poor demand forecasting, product obsolescence, or supply chain inefficiencies.
How does excess and obsolete inventory charges compare across companies?
Common in hardware and electronics manufacturing; peers with better supply chain integration typically maintain lower levels.