COGNEX CORP

Listed Company

CGNXCIK 0000851205NasdaqLarge AcceleratedIndustrial Instruments For Measurement, Display, And ControlMassachusettsFY ends Dec 31

Period

FY 2025

Revenue

$994.36M

Net Income

$114.44M

Total Assets

$2.02B

Equity

$1.49B

Shares Out

166.42M

Op. Cash Flow

$245.51M

CGNX$64.07+89.50% · past yearDBEQ Basic

Daily closing prices

Business

Cognex Corporation is a global technology leader that designs and sells industrial machine vision systems—hardware, software, and accessories—that automate manufacturing and distribution tasks such as part location, identification, inspection, and measurement. The company offers vision systems and sensors, vision software, barcode readers, and vision accessories serving logistics, packaging, consumer electronics, automotive, and semiconductor end markets. Cognex sells globally through direct sales channels, system integrators, and machine builders, with a majority of revenue from international customers across Europe, Greater China, and other regions.

Summary from 10-K filed 2026-02-12

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2024 2024-09-30	FY 2023 2023-12-31	FY 2023 2023-09-30
Revenue	994	915	—	838	—
Cost of revenue	329	289	—	236	—
Gross margin	665	626	—	601	—
Research, development, and engineering expenses	139	140	—	139	—
Selling, general, and administrative expenses	364	371	—	339	—
Loss (recovery) from fire	0	0	—	−8	—
Operating income	163	115	—	131	—
Foreign currency gain (loss)	−4	2	—	−10	—
Investment income	17	14	—	14	—
Other income (expense)	7	922,000	—	592,000	—
Income before income tax expense	183	131	—	135	—
Income tax expense on continuing operations	68	25	—	22	—
Net income	114	106	—	113	—
Net income (in dollars per share)	0.68	0.62	—	0.66	—
Net income (in dollars per share)	0.68	0.62	—	0.65	—
Basic (in shares)	168	171	—	172	—
Diluted (in shares)	169	173	—	173	—
Cash dividends per common share (in dollars per share)	0.33	0.31	0.08	0.29	0.07

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	263	186	203	181	186
Current investments, amortized cost of $74,050 and $60,725 in 2025 and 2024, respectively, allowance for credit losses of $0 in 2025 and 2024	74	60	129	219	137
Accounts receivable, allowance for credit losses of $728 and $827 in 2025 and 2024, respectively	147	143	114	125	130
Unbilled revenue	17	3	2	2	4
Inventories	138	158	162	122	113
Prepaid expenses and other current assets	59	63	68	67	69
Total current assets	697	613	679	718	640
Non-current investments, amortized cost of $302,539 and $345,033 in 2025 and 2024, respectively, allowance for credit losses of $0 in 2025 and 2024	305	341	244	454	584
Property, plant, and equipment, net	86	98	106	80	78
Operating lease assets	72	67	75	38	23
Goodwill	386	385	393	243	242
Intangible assets, net	81	91	113	12	12
Deferred income taxes	383	392	400	407	419
Other assets	5	5	7	7	7
Total assets	2,017	1,993	2,018	1,958	2,004
Accounts payable	50	38	21	27	44
Accrued expenses	91	72	72	93	92
Accrued income taxes	9	26	17	18	9
Deferred revenue and customer deposits	21	25	32	41	36
Operating lease liabilities	12	9	10	8	8
Total current liabilities	184	169	152	188	189
Non-current operating lease liabilities	65	61	69	31	18
Deferred income taxes	251	217	247	250	294
Reserve for income taxes	24	26	27	16	15
Other liabilities	1	1	299,000	2	15
Total liabilities	525	475	513	520	574
Commitments and contingencies (Note 11)	—	—	—	—	—
Preferred stock, $0.01 par value - Authorized: 400 shares in 2025 and 2024, respectively, no shares issued and outstanding	0	0	0	0	0
Common stock, $0.002 par value Authorized: 300,000 shares in 2025 and 2024, respectively, issued and outstanding: 166,997 and 170,434 shares in 2025 and 2024, respectively	334,000	341,000	343,000	345,000	351,000
Additional paid-in capital	1,139	1,091	1,037	979	915
Retained earnings	406	499	513	528	563
Accumulated other comprehensive loss, net of tax	−53	−73	−45	−69	−48
Total shareholders equity	1,492	1,518	1,505	1,438	1,430
Total liabilities and shareholders' equity	2,017	1,993	2,018	1,958	2,004

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Stock-based compensation expense	49	52	55	55	44
Depreciation of property, plant, and equipment	20	21	17	16	17
Loss (gain) on disposal of property, plant, and equipment	164,000	88,000	229,000	19,000	33,000
Gain from sale of training center property	−5	0	0	—	—
Amortization of intangible assets	11	11	5	3	4
Excess and obsolete inventory charges	16	3	4	3	3
Fair value adjustment on acquired inventories (Note 21)	0	1	3	0	0
Amortization of discounts or (premiums) on investments	−731,000	306,000	2	5	5
Realized (gain) loss on sale of investments	−156,000	8,000	2	182,000	−236,000
Change in deferred income taxes	40	−22	−20	−27	−3
Accounts receivable	−1	−32	23	3	−5
Unbilled revenue	−14	−693,000	−255,000	2	2
Inventories	5	−1	−23	−49	−55
Prepaid expenses and other current assets	6	2	2	−7	−32
Accounts payable	12	18	−14	−17	28
Accrued expenses	16	3	−35	2	17
Accrued income taxes	−17	−9	−17	−444,000	−6
Deferred revenue and customer deposits	−4	−6	−9	5	14
Other	−223,000	2	4	−12	3
Net cash provided by operating activities	246	149	113	243	314
Purchases of investments	−290	−851	−184	−234	−668
Maturities and sales of investments	320	828	496	254	431
Proceeds from sale of training center property	7	0	0	—	—
Purchases of property, plant, and equipment, net of proceeds from disposals	−9	−15	−23	−20	−15
Net payments related to business acquisitions (Note 21)	0	−1	−257	−5	0
Net cash provided by (used in) investing activities	28	−39	32	−4	−253
Net payments from issuance of common stock under stock plans	−445,000	994,000	3	—	—
Repurchase of common stock	−151	−67	−80	−204	−162
Payment Of Excise Tax, Prior Year Common Stock Repurchases	−388,000	0	0	—	—
Payment of dividends	−55	−52	−49	−46	−43
Net cash used in financing activities	−207	−118	−126	−240	−142
Effect of foreign exchange rate changes on cash and cash equivalents	10	−8	2	−3	−3
Net change in cash and cash equivalents	77	−17	21	−5	−83

Filings

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Frequently asked questions

What is COGNEX CORP's CIK number?

COGNEX CORP's SEC CIK number is 0000851205 (851205). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find COGNEX CORP's SEC filings?

All of COGNEX CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did COGNEX CORP last report earnings?

COGNEX CORP (CGNX) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000851205-26-000037). This is COGNEX CORP's most recent earnings filing of record — not a forecast of its next earnings date.

What is COGNEX CORP's most recent earnings 8-K?

COGNEX CORP's latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0000851205-26-000037. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View COGNEX CORP's latest earnings 8-K →
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