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Cognex CGNX Fair value adjustment on acquired inventories (Note 21)

Discontinued — last reported Q4 '25

Fair value adjustment on acquired inventories (Note 21) at other companies

Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
$37.5M+25.4%
STERIS logo
STERISSTE
$0
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Hewlett Packard EnterpriseHPE
$31M
Coeur Mining logo
Coeur MiningCDE
$85.36M+216%
Stryker logo
StrykerSYK
$43.25M+276%
Schlumberger
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Schlumberger SLB
$41.5M+286%

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:FairValueAdjustmentOnAcquiredInventories.

The official record: Cognex’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cognex's fair value adjustment on acquired inventories (note 21)?
Cognex (CGNX) reported fair value adjustment on acquired inventories (note 21) of $0 in Q4 2025.
What does fair value adjustment on acquired inventories (note 21) mean?
An accounting adjustment to reflect the true market value of inventory acquired from another company.
How do you interpret fair value adjustment on acquired inventories (note 21)?
This is a technical adjustment related to M&A; it does not directly signal operational performance but rather the accounting impact of past acquisitions.
How does fair value adjustment on acquired inventories (note 21) compare across companies?
Only relevant for companies that have recently completed significant acquisitions.