Cognex Financial Statements
NASDAQ: CGNXIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cognex revenue and earnings
In fiscal 2025, Cognex generated $994.4 million in revenue, up 8.7% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $114.4 million (+7.8% year over year), for a net margin of 11.5% versus a median of 21.4% in the prior 5 years. Gross margin was 66.9% (down from 68.4%) and operating margin 16.3%.
Diluted earnings per share came in at $0.68, up from $0.62. Over the last 5 fiscal years, CGNX's revenue has grown at a 4.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Cognex income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 994.36M | 914.51M | 837.55M | 1.01B | 1.04B | 811.02M | 725.63M | 806.34M | 766.08M | 529.51M |
| Revenue growth (YoY) | +8.73% | +9.19% | -16.75% | -2.99% | +27.88% | +11.77% | -10.01% | +5.25% | +44.68% | +17.52% |
| Cost of Revenue | 328.97M | 288.72M | 236.31M | 284.19M | 277.27M | 206.42M | 189.75M | 206.05M | 187.29M | 131.07M |
| Gross Profit | 665.39M | 625.79M | 601.24M | 721.90M | 759.83M | 604.60M | 535.87M | 600.29M | 578.79M | 398.44M |
| Operating Expenses | 502.83M | 510.73M | 470.54M | 475.68M | 444.73M | 434.07M | 393.27M | 379.14M | 319.93M | 244.38M |
| Research & Development | 138.97M | 139.81M | 139.40M | 141.13M | 135.37M | 130.98M | 119.43M | 116.44M | 99.20M | 78.27M |
| Selling, General & Admin | 363.86M | 370.91M | 339.14M | 312.11M | 309.35M | 267.59M | 273.84M | 262.70M | 220.73M | 166.11M |
| Operating Income | 162.57M | 115.06M | 130.70M | 246.23M | 315.10M | 170.53M | 142.60M | 221.14M | 258.86M | 154.07M |
| Other Income (Expense) | 7.37M | 922.00K | 592.00K | -412.00K | -591.00K | -309.00K | 1.21M | -219.00K | -338.00K | 871.00K |
| Pretax Income | 182.80M | 131.49M | 135.35M | 250.69M | 318.90M | 186.91M | 162.99M | 234.57M | 266.46M | 162.08M |
| Income Tax | 68.36M | 25.32M | 22.11M | 35.17M | 39.02M | 10.72M | -40.87M | 15.31M | 89.75M | 18.13M |
| Net Income | 114.44M | 106.17M | 113.23M | 215.53M | 279.88M | 176.19M | 203.87M | 219.27M | 176.71M | 143.69M |
| Net Income growth (YoY) | +7.79% | -6.24% | -47.46% | -22.99% | +58.86% | -13.58% | -7.02% | +24.08% | +22.98% | -23.19% |
| EPS (Basic) | 0.68 | 0.62 | 0.66 | 1.24 | 1.59 | 1.02 | 1.19 | 1.27 | 1.02 | 0.84 |
| EPS (Diluted) | 0.68 | 0.62 | 0.65 | 1.23 | 1.56 | 1.00 | 1.16 | 1.24 | 0.98 | 0.83 |
| Shares Outstanding (Basic) | 168.05M | 171.44M | 172.25M | 173.41M | 176.46M | 173.49M | 171.19M | 172.33M | 173.29M | 170.68M |
| Shares Outstanding (Diluted) | 169.37M | 172.61M | 173.40M | 174.87M | 179.92M | 176.59M | 175.27M | 177.41M | 179.55M | 174.14M |
| EBITDA | 182.85M | 136.34M | 147.97M | 262.58M | 331.72M | 192.67M | 164.13M | 239.62M | 272.54M | 165.74M |
| Gross Margin | 66.92% | 68.43% | 71.79% | 71.75% | 73.26% | 74.55% | 73.85% | 74.45% | 75.55% | 75.25% |
| Operating Margin | 16.35% | 12.58% | 15.61% | 24.47% | 30.38% | 21.03% | 19.65% | 27.43% | 33.79% | 29.10% |
| Net Margin | 11.51% | 11.61% | 13.52% | 21.42% | 26.99% | 21.72% | 28.10% | 27.19% | 23.07% | 27.14% |
This table shows 10 annual periods of Cognex's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CGNX's reporting calendar. What is a income statement?