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  • 01AI Factory
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Pokedex/Robotics/CGNX
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Robotics·CGNX
Cognex Corporation logo

Cognex Corporation

NASDAQ · US

Machine vision systems, barcode readers, and industrial image-analysis supplier.

AI relevance

Core vision and inspection technology supplier for factory robots and automated perception.

RoboticsSensing

Price

$60.04

Change

+0.31 (+0.52%)

Market cap

$10.0B

52w range

$35–$73

Exchange

NASDAQ

Country

US

Jason's Chips

Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.

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Price chart

CGNX market performance

Daily close for Cognex Corporation

$31.79$42.70$53.61$64.52$75.43Aug 25Nov 25Feb 26May 26Aug 26
Latest close
$60.04
Range move
+$17.30 (+40.5%)
Range high
$72.42
Range low
$34.80
Latest volume
561.8K
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

66 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetHold

Analyst expectations

Consensus target
$75.91
+26.4%
Target range
$65.00 - $91.00
Rating mix
Hold
32 ratings
Next FY revenue
$1.15B
2026-12-31
Next FY EPS
$1.68
$1.49 - $1.77
Rating consensus32 ratings

Strong buy

1

Buy

14

Hold

15

Sell

2

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-12-31$1.15B$1.14B - $1.16B$1.68$1.49 - $1.77$270.4M$240.2M$286.3M$408.9M13 rev / 13 EPS
2027-12-31$1.25B$1.20B - $1.29B$2.01$1.79 - $2.25$295.7M$262.7M$336.7M$447.1M13 rev / 13 EPS
2028-12-31$1.37B$1.30B - $1.47B$2.27$1.88 - $2.61$323.0M$286.9M$381.5M$488.3M10 rev / 7 EPS
2029-12-31$1.54B$1.48B - $1.59B$2.48$2.36 - $2.58$363.4M$322.8M$419.2M$549.4M5 rev / 2 EPS
2030-12-31$1.64B$1.58B - $1.70B$2.39$2.28 - $2.49$388.1M$344.8M$404.8M$586.8M5 rev / 4 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-10-05$313.3M$309.2M - $317.5M$0.52$0.38 - $0.60$74.0M$65.7M$87.8M$111.9M9 rev / 11 EPS
2027-01-05$272.9M$262.3M - $283.2M$0.39$0.33 - $0.43$64.4M$57.2M$66.1M$97.4M9 rev / 10 EPS
2027-04-05$287.1M$280.2M - $295.6M$0.42$0.41 - $0.44$67.8M$60.2M$71.7M$102.5M4 rev / 4 EPS
2027-07-05$313.9M$306.3M - $323.2M$0.52$0.51 - $0.54$74.1M$65.8M$89.1M$112.1M4 rev / 4 EPS
2027-10-05$337.4M$329.2M - $347.3M$0.59$0.57 - $0.61$79.7M$70.8M$100.7M$120.4M7 rev / 4 EPS
2028-01-05$302.6M$295.3M - $311.6M$0.49$0.48 - $0.51$71.5M$63.5M$84.0M$108.0M7 rev / 5 EPS
2028-04-05$328.4M$320.5M - $338.1M$0.49$0.48 - $0.51$77.5M$68.9M$84.1M$117.2M3 rev / 5 EPS
2028-07-05$349.2M$340.7M - $359.5M$0.59$0.57 - $0.61$82.4M$73.2M$100.3M$124.6M4 rev / 5 EPS
Price target history
WindowTargetsAverage target
Last month6$77.17
Last quarter9$76.00
Last year34$63.79
All time55$61.18

Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0

Latest grade actions
DateFirmActionPreviousNew
2026-08-10DA DavidsonMaintainNeutralNeutral
2026-08-10HSBCDowngradeBuyHold
2026-08-10BarclaysMaintainOverweightOverweight
2026-08-07CitigroupMaintainNeutralNeutral
2026-08-07Cantor FitzgeraldMaintainOverweightOverweight
2026-08-07NeedhamMaintainBuyBuy
2026-08-07Truist SecuritiesMaintainHoldHold
2026-07-13CitigroupMaintainNeutralNeutral
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-08-01510600
2026-07-01511500
2026-06-01511500
2026-05-01511600
2026-04-01411600
2026-03-01411601
2026-02-01411601
2026-01-01410601
FinancialsFY 2025

Financials

Revenue
$994.4M
Gross margin
66.9%
Operating income
$162.6M
Free cash flow
$236.8M
Cash + ST investments
$337.0M
Net debt
-$186.3M
ROE
7.7%
ROIC
5.5%
EV / sales
5.9x
EV / EBITDA
27.4x
R&D / revenue
14.0%
Current ratio
3.8x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2025$994.4M$665.4M66.9%$139.0M$162.6M$213.6M$114.4M$0.68
FY 2024$914.5M$625.8M68.4%$139.8M$115.1M$164.2M$106.2M$0.62
FY 2023$837.5M$601.2M71.8%$139.4M$130.7M$144.6M$113.2M$0.66
FY 2022$1.01B$721.9M71.8%$141.1M$246.2M$288.3M$215.5M$1.24
FY 2021$1.04B$759.8M73.3%$135.4M$315.1M$339.2M$279.9M$1.59
FY 2020$811.0M$604.6M74.5%$131.0M$170.5M$232.5M$176.2M$1.02
FY 2019$725.6M$535.9M73.8%$119.4M$142.6M$167.5M$203.9M$1.19
FY 2018$806.3M$600.3M74.4%$116.4M$221.1M$242.7M$219.3M$1.27
FY 2017$766.1M$578.8M75.6%$99.2M$258.9M$275.9M$176.7M$1.02
FY 2016$529.5M$398.4M75.2%$78.3M$154.1M$169.1M$143.7M$0.88
FY 2015$450.6M$348.0M77.2%$69.8M$121.5M$135.6M$187.1M$1.09
FY 2014$426.4M$332.4M77.9%$55.8M$127.9M$140.3M$121.5M$0.70
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2025$245.5M$8.7M$236.8M
FY 2024$149.1M$15.0M$134.0M
FY 2023$112.9M$23.1M$89.8M
FY 2022$243.4M$19.7M$223.7M
FY 2021$314.1M$15.5M$298.6M
FY 2020$242.4M$13.3M$229.1M
FY 2019$253.3M$21.7M$231.6M
FY 2018$223.5M$37.1M$186.4M
FY 2017$224.3M$28.8M$195.6M
FY 2016$182.1M$12.8M$169.3M
FY 2015$118.4M$28.7M$89.7M
FY 2014$156.0M$20.9M$135.0M
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2025$337.0M$163.7M$137.9M$158.3M$2.02B$76.6M-$186.3M$524.7M$1.49B
FY 2024$246.1M$146.4M$157.5M$165.8M$1.99B$70.2M-$115.9M$475.3M$1.52B
FY 2023$332.0M$116.6M$162.3M$181.0M$2.02B$78.6M-$124.1M$513.1M$1.50B
FY 2022$400.1M$127.6M$122.5M$117.4M$1.96B$39.8M-$141.6M$519.7M$1.44B
FY 2021$323.6M$134.3M$113.1M$100.7M$2.00B$25.6M-$160.6M$573.6M$1.43B
FY 2020$372.3M$131.3M$60.8M$101.8M$1.80B$26.2M-$242.8M$538.5M$1.26B
FY 2019$411.9M$108.2M$60.3M$107.0M$1.89B$18.0M-$153.5M$530.2M$1.36B
FY 2018$535.6M$127.5M$83.3M$91.4M$1.29B$0-$108.2M$154.4M$1.14B
FY 2017$404.5M$126.8M$67.9M$78.0M$1.29B$0-$106.6M$192.5M$1.10B
FY 2016$420.8M$57.7M$27.0M$54.0M$1.04B$0-$79.6M$76.0M$962.6M
FY 2015$348.4M$42.8M$37.3M$53.3M$887.8M$0-$52.0M$62.1M$825.7M
FY 2014$146.2M$50.9M$35.5M$47.9M$821.7M$0-$55.7M$85.3M$736.4M
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202566.9%16.3%11.5%3.8x3.0x7.7%5.5%5.9x27.4x3.9%14.0%157d
FY 202468.4%12.6%11.6%3.6x2.7x7.0%5.1%6.6x36.7x2.2%15.3%209d
FY 202371.8%15.6%13.5%4.5x3.4x7.5%5.8%8.4x48.9x1.2%16.6%268d
FY 202271.8%24.5%21.4%3.8x3.2x15.0%11.9%8.0x27.8x2.7%14.0%169d
FY 202173.3%30.4%27.0%3.4x2.8x19.6%15.2%13.1x40.0x2.2%13.1%138d
FY 202074.5%21.0%21.7%4.5x4.1x14.0%9.6%16.9x58.9x1.6%16.2%138d
FY 201973.8%19.7%28.1%5.0x4.5x15.0%8.1%13.0x56.4x2.4%16.5%136d
FY 201874.4%27.4%27.2%8.5x7.6x19.3%17.3%8.1x27.0x2.8%14.4%176d
FY 201775.6%33.8%23.1%5.6x5.0x16.1%14.6%13.7x38.0x1.8%12.9%147d
FY 201675.2%29.1%27.1%8.0x7.6x14.9%14.1%10.1x31.6x3.1%14.8%88d
FY 201577.2%27.0%41.5%8.3x7.6x22.7%12.4%6.4x21.1x3.1%15.5%140d
FY 201477.9%30.0%28.5%3.4x2.9x16.5%14.5%8.3x25.2x3.8%13.1%115d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2025+8.7%+6.3%-0.6%+41.3%+7.8%+9.7%+76.6%+41.9%+36.9%-12.5%+1.2%+9.1%
FY 2024+9.2%+4.1%+0.3%-12.0%-6.2%-6.1%+49.2%+34.8%-25.9%-2.9%-1.2%-10.7%
FY 2023-16.8%-16.7%-1.2%-46.9%-47.5%-46.8%-59.8%-17.3%-17.0%+32.5%+3.0%+97.7%
FY 2022-3.0%-5.0%+4.3%-21.9%-23.0%-22.0%-25.1%-27.3%+23.6%+8.3%-2.3%+55.4%
FY 2021+27.9%+25.7%+3.4%+84.8%+58.9%+55.9%+30.3%-16.2%-13.1%+85.9%+11.3%-2.5%
FY 2020+11.8%+12.8%+9.7%+19.6%-13.6%-14.3%-1.1%+38.8%-9.6%+0.9%-4.5%+45.9%
FY 2019-10.0%-10.7%+2.6%-35.5%-7.0%-6.3%+24.3%+41.4%-23.1%-27.6%+46.2%0.0%
FY 2018+5.3%+3.7%+17.4%-14.6%+24.1%+24.5%-4.7%-29.0%+32.4%+22.6%+0.1%0.0%
FY 2017+44.7%+45.3%+26.7%+68.0%+23.0%+15.9%+15.5%-124.4%-3.9%+151.7%+24.0%0.0%
FY 2016+17.5%+14.5%+12.1%+26.8%-23.2%-19.3%+88.8%+55.3%+20.8%-27.7%+17.0%0.0%
FY 2015+5.7%+4.7%+25.0%-5.0%+54.0%+55.7%-33.6%-37.1%+138.4%+5.1%+8.0%0.0%
FY 2014+38.6%+35.8%+26.0%+66.2%+65.1%+62.8%+64.5%-56.5%-35.2%+38.3%+15.8%0.0%
SegmentsFY 2025

Revenue Mix

Latest product mixFY 2025 · $994.4M
Standard Product and Services$880.0M · 88.5%
Application of Customer Specific Solutions$114.3M · 11.5%
Latest geography mixFY 2025 · $994.4M
Americas$407.3M · 41.0%
Europe$251.6M · 25.3%
Other Asia$177.0M · 17.8%
Greater China$158.5M · 15.9%
Product revenue annual
PeriodTotalStandard Product and ServicesApplication of Customer Specific SolutionsMvsdMVSDSisdSISD
FY 2025$994.4M$880.0M$114.3M--------
FY 2024$914.5M$795.3M$119.2M--------
FY 2023$837.5M$734.1M$103.4M--------
FY 2022$1.01B$848.2M$157.9M--------
FY 2021$1.04B$889.3M$147.8M--------
FY 2020$811.0M$674.8M$136.2M--------
FY 2019$725.6M$629.2M$96.4M--------
FY 2018$806.3M$654.5M$151.8M--------
FY 2014$486.3M----$426.4M--$59.8M--
FY 2013$353.9M----$307.7M--$46.2M--
FY 2012$324.3M----$273.7M--$50.6M--
FY 2011$321.9M------$273.7M--$48.2M
Geography revenue annual
PeriodTotalEuropeAmericasGreater ChinaOther AsiaUNITED STATESOther Geographic AreaJAPAN
FY 2025$994.4M$251.6M$407.3M$158.5M$177.0M------
FY 2024$914.5M$217.9M$350.2M$164.1M$182.3M------
FY 2023$837.5M$220.7M$330.4M$164.1M$122.4M------
FY 2022$1.01B$234.6M$390.6M$227.4M$153.4M------
FY 2021$1.04B$247.7M$435.2M$200.1M$154.0M------
FY 2020$811.0M$208.8M$310.0M$168.3M$123.9M------
FY 2019$725.6M$227.7M$277.2M$115.1M$105.7M------
FY 2018$806.3M$308.0M$267.0M$126.1M$105.2M------
FY 2017$323.9M$323.9M------------
FY 2016$231.7M$231.7M------------
FY 2015$199.1M$199.1M------------
FY 2014$486.3M$205.0M------$147.4M$90.4M$43.4M
Transcripts66 on file

Transcripts

  • FY2026 · Q22026-08-06
  • FY2026 · Q12026-05-07
  • FY2025 · Q42026-02-12
  • FY2025 · Q32025-10-30
Events

Events

Next earnings

2026-10-28EPS est $0.50

Recent filings
  • 42026-08-12
  • 42026-08-11
  • 42026-08-11
Latest news
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    Investor Place · 2026-08-20

  • 8,923 Shares in Cognex Corporation $CGNX Bought by BOK Financial Private Wealth Inc.

    Defense World · 2026-08-19

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