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Cognex CGNX Operating Income

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Other financials

Income statement

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Revenue$291.3M+16.9%
Gross profit$205.8M+22.6%
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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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:OperatingIncomeLoss.

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
Gross profit205,773167,876396,712312,199
Research, development, and engineering expenses32,39133,10269,41667,829
Selling, general, and administrative expenses87,86591,341181,906174,845
Operating income85,51743,433145,39069,525
Foreign currency gain (loss)(862)(1,503)(2,207)(3,956)
Investment income5,0914,0409,9278,030
Other income (expense)(446)2,092(2,053)2,261
Income before income tax expense89,30048,062151,05775,860

Item 1. Financial Statements (interim periods unaudited)

FAQ

What is Cognex's operating income?
Cognex (CGNX) reported operating income of $85.52M in Q2 2026.
How has Cognex's operating income changed year-over-year?
Cognex's operating income increased by 96.9% year-over-year, from $43.43M to $85.52M.
What is the long-term trend for Cognex's operating income?
Over 4 years (2021 to 2025), Cognex's operating income has grown at a -15.2% compound annual growth rate (CAGR), from $315.1M to $162.57M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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