Cognex Corporation

CGNX Technology Scientific & Technical Instruments

Cognex Corporation’s revenue for fiscal 2025 (year ended December 2025) was $994.4 million, up 8.73% from fiscal 2024.

Revenue
+16.9%
EPS
+79.2%
Free cash flow
+67.3%

Quarter to June 2026, against a year earlier

52.63 5.48 −9.43%
Market cap
$9.8B
P/E
55.4×
Fwd P/E
34.5×
Dividend yield
0.58%
F-score
8/9
Altman Z
8.26
Beneish M
−2.78
Dividend safety
84/100

Cognex Corporation (CGNX) Gross margin

Alert me on Gross margin

Cognex Corporation's gross margin over the twelve months to 30 June 2026 was 68.9%, up 1.9 percentage points from fiscal 2025 (66.9%). Over the past ten years it has ranged from 66.9% (fiscal 2025) to 77.2% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Scientific & Technical Instruments industry median of 47.0% and above the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 66.9% (1.51)
FY2024 68.4% (3.36)
FY2023 71.8% 0.04
FY2022 71.8% (1.51)
FY2021 73.3% (1.29)
FY2020 74.6% 0.70
FY2019 73.9% (0.60)
FY2018 74.5% (1.10)
FY2017 75.6% 0.30
FY2016 75.3% (1.98)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 70.7% (0.48)
Mar 2026 71.1% 5.38
Dec 2025 65.8% (1.89)
Sep 2025 67.6% 0.25
42 more quarters

Against its own ten years

Low 66.9% High 77.2%
Ten-year median 73.9%
Current reading's percentile 19

Gross margin against peers

Company Gross margin
TRMB Trimble Inc. compare 69.8%
CGNX Cognex Corporation 68.9%
FTV Fortive Corporation compare 63.5%
VNT Vontier Corporation compare 47.2%
MKSI MKS Inc. compare 47.0%
NOVT Novanta Inc. compare 44.5%
ESE ESCO Technologies Inc. compare 42.0%
BMI Badger Meter, Inc. compare 41.6%
ST Sensata Technologies Holding N.V. compare 30.8%
Scientific & Technical Instruments industry median 47.0%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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