Cognex Corporation

Cognex Corporation

CGNX · NASDAQ · Technology / Scientific & Technical Instruments

50.01USD-0.76 (-1.50%)

Price History

Full chart

Market Stats

Previous Close50.77
Open50.77
Day Range49.32 – 51.44
52-Week Range34.45 – 72.78
Volume1.19M
Market Cap9.87B
P/E (TTM)56.95
Forward P/E29.50
EPS1.03
Dividend Yield0.59%
Beta1.49
50-Day Avg62.31
200-Day Avg55.05

About

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks in the United States, Europe, Greater China, and internationally. Its machine vision products are used to automate the manufacture and distribution of discrete items, such as mobile phones, automotive components, and e-commerce packages, by locating, identifying, inspecting, and measuring them. The company offers VisionPro software, a suite of patented vision tools for traditional rule-based tools and deep learning-enabled tools for advanced programming; vision systems that combine smart cameras and software to perform a wide range of tasks, including part location, identification, measurement, assembly verification, and robotic guidance; OneVision, a cloud-based platform designed to transform how manufacturers build, train, and scale AI-powered vision applications; In-Sight product line of vision systems and sensors; QuickBuild, which allows customers to build vision applications with a graphical and flowchart-based programming interface; DataMan, an image-based barcode reader for fixed-mount and handheld models, as well as barcode verifiers; and vision accessories, such as industrial cameras, lenses, lighting, vision controllers, frame grabbers, and I/O cards. It sells its products to the automotive, logistics, packaging, consumer electronics, medical-related, semiconductor, and consumer products industries. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.

Company Details

  • SectorTechnology
  • IndustryScientific & Technical Instruments
  • CEOMr. Matthew Moschner
  • Employees2.75K
  • HeadquartersOne Vision Drive, Natick, MA, United States, 01760-2059, USA
  • Websitehttps://www.cognex.com

Leadership

  • Mr. Matthew MoschnerPresident, CEO & Director · b. 1987
  • Mr. Dennis S. FehrSenior VP of Finance & CFO · b. 1981
  • Mr. Carl W. Gerst IIIExecutive Vice President of Global Sales & Products · b. 1968
  • Ms. Sheila M. DiPalma CPAExecutive VP of Employee Services & Chief Culture Officer · b. 1967

Financials

Income Statement

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue15.90M23.60M31.50M28.60M43.40M62.50M104.50M122.80M155.30M121.80M152.10M250.73M140.73M114.11M150.09M201.96M216.88M238.32M225.68M242.68M175.73M290.69M321.91M324.28M307.65M426.45M450.56M529.51M766.08M806.34M725.63M811.02M1.04B1.01B837.55M914.51M994.36M
Growth (%)-+48.43%+33.47%-9.21%+51.75%+44.01%+67.20%+17.51%+26.47%-21.57%+24.88%+64.84%-43.87%-18.92%+31.54%+34.56%+7.39%+9.89%-5.30%+7.53%-27.59%+65.42%+10.74%+0.73%-5.13%+38.61%+5.65%+17.52%+44.68%+5.25%-10.01%+11.77%+27.88%-2.99%-16.75%+9.19%+8.73%
Cost of Revenue3.60M3.80M5.20M5.60M9.00M12.10M19.30M33.80M36.50M28.60M35.90M53.79M62.34M39.86M50.14M57.37M62.90M64.84M64.35M68.43M56.39M77.59M77.92M79.50M62.89M94.07M102.57M131.07M187.29M206.05M189.75M206.42M277.27M284.19M236.31M288.72M328.97M
Gross Profit12.30M19.80M26.30M23.00M34.40M50.40M85.20M89.00M118.80M93.20M116.20M196.94M78.38M74.25M99.95M144.59M153.98M173.48M161.33M174.25M119.34M213.10M244.00M244.78M244.76M332.38M347.99M398.44M578.79M600.29M535.87M604.60M759.83M721.90M601.24M625.79M665.39M
Gross Margin77.36%83.90%83.49%80.42%79.26%80.64%81.53%72.48%76.50%76.52%76.40%78.55%55.70%65.07%66.59%71.59%71.00%72.79%71.49%71.80%67.91%73.31%75.80%75.49%79.56%77.94%77.23%75.25%75.55%74.45%73.85%74.55%73.26%71.75%71.79%68.43%66.92%
Operating Expense7.80M11.00M13.80M16.10M19.70M28.50M40.40M50.80M64.10M71.40M80.70M107.25M105.72M83.66M80.44M97.74M109.97M129.01M133.20M149.15M132.01M137.39M158.64M161.38M167.82M204.53M226.47M244.38M319.93M379.14M393.27M434.07M444.73M475.68M470.54M510.73M502.83M
Operating Income4.50M8.80M12.50M6.90M14.70M21.90M44.80M38.20M54.70M21.80M35.50M89.69M-27.34M-9.41M19.51M46.85M44.00M44.47M28.14M25.10M-12.67M75.71M85.36M83.41M76.94M127.85M121.52M154.07M258.86M221.14M142.60M170.53M315.10M246.23M130.70M115.06M162.57M
Operating Margin28.30%37.29%39.68%24.13%33.87%35.04%42.87%31.11%35.22%17.90%23.34%35.77%-19.43%-8.24%13.00%23.20%20.29%18.66%12.47%10.34%-7.21%26.05%26.51%25.72%25.01%29.98%26.97%29.10%33.79%27.43%19.65%21.03%30.38%24.47%15.61%12.58%16.35%
EBITDA4.90M9.30M13.20M7.80M16.00M23.70M48.00M43.30M60.50M30.50M44.80M101.68M-13.80M116.00K29.67M56.82M55.43M56.14M39.49M36.74M1.44M85.60M95.11M94.27M88.04M140.32M135.64M169.13M275.85M242.69M167.50M232.53M339.18M288.29M144.58M164.18M213.59M
EBITDA Margin30.82%39.41%41.90%27.27%36.87%37.92%45.93%35.26%38.96%25.04%29.45%40.55%-9.80%0.10%19.77%28.13%25.56%23.56%17.50%15.14%0.82%29.45%29.55%29.07%28.62%32.90%30.10%31.94%36.01%30.10%23.08%28.67%32.71%28.65%17.26%17.95%21.48%
Net Income3.70M6.50M9.50M6.10M11.10M16.10M23.00M30.40M40.50M20.20M30.40M68.15M-11.13M-6.03M15.95M37.74M35.70M39.85M26.90M27.27M-4.87M61.38M69.87M68.10M73.57M121.48M187.07M143.69M176.71M219.27M203.87M176.19M279.88M215.53M113.23M106.17M114.44M
Net Income Margin23.27%27.54%30.16%21.33%25.58%25.76%22.01%24.76%26.08%16.58%19.99%27.18%-7.91%-5.28%10.63%18.69%16.46%16.72%11.92%11.24%-2.77%21.12%21.70%21.00%23.91%28.49%41.52%27.14%23.07%27.19%28.10%21.72%26.99%21.42%13.52%11.61%11.51%
R&D-----9.90M13.20M19.40M22.50M24.70M27.70M33.34M30.09M25.63M24.72M27.06M27.64M32.33M33.38M36.26M31.13M33.08M40.95M41.55M44.31M55.83M69.79M78.27M99.20M116.44M119.43M130.98M135.37M141.13M139.40M139.81M138.97M
R&D as % of Total Revenue-----15.84%12.63%15.80%14.49%20.28%18.21%13.30%21.38%22.46%16.47%13.40%12.74%13.57%14.79%14.94%17.72%11.38%12.72%12.81%14.40%13.09%15.49%14.78%12.95%14.44%16.46%16.15%13.05%14.03%16.64%15.29%13.98%
Interest Expense00000000000000000007.10M2.19M1.42M2.90M000000065.68M37.92M27.88M16.32M---
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.93%1.24%0.49%0.90%0.00%0.00%0.00%0.00%0.00%0.00%0.00%9.05%4.68%2.69%1.62%---

Balance Sheet

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets18.20M27.80M41.70M48.00M60.80M112.80M162.20M201.30M261.80M247.90M314.80M436.14M406.90M385.50M432.53M533.31M564.56M528.65M539.55M474.05M439.87M533.10M611.88M627.61M709.70M821.73M887.76M1.04B1.29B1.29B1.89B1.80B2.00B1.96B2.02B1.99B2.02B
Total Liabilities3.90M4.00M5.20M6.90M5.70M9.20M18.30M18.60M25.70M25.00M38.20M52.19M28.86M30.98M47.54M70.50M58.04M54.80M63.18M60.97M45.42M59.79M58.90M55.32M65.79M85.30M62.09M76.00M192.52M154.40M530.23M538.50M573.57M519.75M513.06M475.35M524.65M
Total Equity14.30M23.80M36.50M41.10M55.10M103.60M143.90M182.70M236.10M222.90M276.60M383.95M378.04M354.52M384.99M462.81M506.52M473.85M476.37M413.07M394.45M473.31M552.98M572.28M643.91M736.44M825.67M962.60M1.10B1.14B1.36B1.26B1.43B1.44B1.50B1.52B1.49B
Cash6.00M4.10M13.40M14.40M21.80M56.30M23.90M48.40M38.20M27.80M48.70M42.92M31.66M60.86M76.23M54.27M72.86M87.36M104.14M127.14M119.83M33.20M38.10M45.16M455.12M547.00M621.53M745.17M106.58M108.21M171.43M269.07M186.16M181.37M202.66M186.09M262.93M
Total Debt------------------------------17.97M26.23M25.58M39.75M78.60M70.22M76.59M
Net Debt-6.00M-4.10M-13.40M-14.40M-21.80M-56.30M-23.90M-48.40M-38.20M-27.80M-48.70M-42.92M-31.66M-60.86M-76.23M-54.27M-72.86M-87.36M-104.14M-127.14M-119.83M-33.20M-38.10M-45.16M-455.12M-547.00M-621.53M-745.17M-106.58M-108.21M-153.46M-242.84M-160.58M-141.62M-124.05M-115.88M-186.34M

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.50M5.50M10.10M7.20M7.20M19.00M21.80M51.10M52.50M29.70M55.40M76.42M20.87M16.45M30.96M63.18M42.76M48.48M48.47M58.94M12.28M76.34M86.09M101.13M95.45M155.97M118.36M182.08M224.32M223.45M253.22M242.40M314.06M243.41M112.92M149.08M245.51M
Investing Cash Flow-9.10M-10.40M-3.90M-4.70M-1.30M-15.70M-58.80M-29.40M-68.20M-3.60M-47.40M-99.41M-38.37M39.05M-30.35M-92.15M-21.09M52.52M8.70M64.54M-466.00K-176.49M-90.03M-38.85M-88.07M-104.10M-10.55M-121.83M-105.56M-10.83M-157.34M169.44M-252.54M-4.45M32.27M-38.97M28.02M
Financing Cash Flow6.00M3.00M3.10M-1.40M1.60M31.40M4.40M2.50M5.00M-35.50M13.90M17.92M4.64M-21.42M15.41M31.14M565.00K-89.58M-40.50M-95.53M-21.30M20.23M9.79M-45.15M-12.46M-34.87M-106.87M-29.23M-100.12M-209.90M-32.23M-316.87M-141.62M-240.37M-125.61M-118.42M-206.69M
Capital Expenditure1.00M1.10M1.10M1.50M1.80M13.10M10.50M10.20M10.90M7.20M3.40M7.75M4.46M2.23M2.46M3.12M3.82M4.22M4.63M6.01M5.47M5.85M7.82M9.88M13.38M20.93M28.70M12.82M28.75M37.09M21.75M13.30M15.46M19.67M23.08M15.04M8.74M
Free Cash Flow3.50M4.40M9.00M5.70M5.40M5.90M11.30M40.90M41.60M22.50M52.00M68.67M16.41M14.22M28.50M60.06M38.94M44.26M43.84M52.92M6.82M70.49M78.27M91.25M82.08M135.04M89.66M169.26M195.57M186.36M231.48M229.10M298.61M223.74M89.84M134.04M236.77M
Dividends Paid--------------5.24M12.76M14.96M15.06M14.90M19.28M11.90M10.01M15.11M66.21M018.06M18.06M25.21M29.04M31.86M35.12M390.51M43.26M45.92M49.08M52.33M54.63M
FCF to OCF77.78%80.00%89.11%79.17%75.00%31.05%51.83%80.04%79.24%75.76%93.86%89.85%78.65%86.46%92.05%95.06%91.07%91.29%90.44%89.80%55.50%92.33%90.92%90.23%85.98%86.58%75.75%92.96%87.18%83.40%91.41%94.51%95.08%91.92%79.56%89.91%96.44%
Dividend Paid to FCF--------------18.37%21.24%38.42%34.03%33.98%36.43%174.52%14.21%19.31%72.56%0.00%13.38%20.14%14.90%14.85%17.10%15.17%170.46%14.49%20.52%54.63%39.04%23.07%

Earnings

Report DateOct 15, 1995Jan 22, 1996Apr 16, 1996Jul 17, 1996Oct 15, 1996Jan 28, 1997Apr 15, 1997Jul 16, 1997Oct 15, 1997Jan 27, 1998Apr 21, 1998Jul 21, 1998Oct 21, 1998Jan 28, 1999Apr 20, 1999Jul 21, 1999Oct 20, 1999Jan 27, 2000Apr 19, 2000Jul 17, 2000Oct 16, 2000Jan 22, 2001Apr 16, 2001Jul 23, 2001Oct 15, 2001Jan 28, 2002Apr 23, 2002Jul 25, 2002Oct 15, 2002Jan 28, 2003Apr 14, 2003Jul 23, 2003Oct 14, 2003Jan 26, 2004Apr 20, 2004Jul 19, 2004Oct 18, 2004Jan 24, 2005Apr 19, 2005Jul 19, 2005Oct 17, 2005Jan 25, 2006Apr 24, 2006Jul 18, 2006Oct 17, 2006Jan 23, 2007Apr 17, 2007Aug 15, 2007Nov 1, 2007Feb 14, 2008Apr 28, 2008Jul 28, 2008Oct 29, 2008Feb 17, 2009May 4, 2009Aug 5, 2009Nov 2, 2009Feb 11, 2010May 3, 2010Aug 2, 2010Nov 1, 2010Feb 10, 2011May 2, 2011Aug 1, 2011Nov 1, 2011Feb 9, 2012Apr 30, 2012Jul 30, 2012Oct 29, 2012Feb 11, 2013Apr 29, 2013Jul 29, 2013Oct 28, 2013Feb 13, 2014Apr 30, 2014Jul 28, 2014Oct 27, 2014Feb 12, 2015May 4, 2015Aug 3, 2015Nov 2, 2015Feb 10, 2016May 2, 2016Aug 1, 2016Oct 31, 2016Feb 16, 2017May 1, 2017Jul 31, 2017Oct 30, 2017Feb 15, 2018Apr 30, 2018Jul 30, 2018Oct 29, 2018Feb 14, 2019Apr 29, 2019Jul 29, 2019Oct 28, 2019Feb 13, 2020Apr 27, 2020Jul 29, 2020Oct 28, 2020Feb 11, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 17, 2022May 5, 2022Aug 2, 2022Nov 3, 2022Feb 16, 2023May 4, 2023Aug 3, 2023Oct 31, 2023Feb 15, 2024May 2, 2024Jul 31, 2024Oct 30, 2024Feb 12, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 11, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.050.060.060.060.050.040.030.050.060.070.060.040.010.010.010.030.050.060.080.090.100.090.030.010.01-0.010.030.01-0.010.010.020.030.030.040.060.060.030.030.040.050.060.050.050.050.050.040.030.030.050.040.060.040.01-0.01-0.03-0.01-0.040.050.090.110.070.090.100.100.080.100.100.090.090.100.110.110.100.110.290.140.130.250.110.090.060.220.240.150.140.270.520.250.200.300.370.220.160.230.200.130.080.110.330.270.350.420.450.220.390.420.140.310.090.260.140.090.080.210.190.160.130.240.290.220.250.420.53
EPS Actual0.060.060.060.060.040.040.040.050.070.080.060.040.020.010.020.040.050.070.090.100.110.090.030.010.01-0.120.03-0.010.000.010.010.020.030.030.050.060.060.030.030.040.060.060.050.060.060.050.030.030.040.060.050.050.050.01-0.02-0.020.010.010.060.100.110.120.080.110.100.100.080.120.110.100.100.110.130.120.120.160.300.170.140.260.140.130.090.250.310.220.260.320.570.320.210.320.450.260.190.280.240.110.110.180.470.320.360.430.400.300.420.410.210.270.130.320.160.110.110.230.200.200.160.250.330.270.340.45-
Surprise20.00%0.00%0.00%0.00%-20.00%0.00%33.33%0.00%16.67%14.29%0.00%0.00%100.00%0.00%100.00%33.33%0.00%16.67%12.50%11.11%10.00%0.00%0.00%0.00%0.00%-1050.00%0.00%-200.00%-0.00%0.00%0.00%0.00%0.00%25.00%0.00%0.00%0.00%0.00%0.00%20.00%0.00%0.00%20.00%20.00%0.00%-25.00%0.00%33.33%20.00%25.00%-16.67%25.00%0.00%-100.00%33.33%200.00%-50.00%100.00%22.22%9.09%14.29%22.22%0.00%0.00%0.00%20.00%10.00%11.11%11.11%10.00%18.18%9.09%20.00%45.45%3.45%21.43%7.69%4.00%27.27%44.44%50.00%13.64%29.17%46.67%85.71%18.52%9.62%28.00%5.00%6.67%21.62%18.18%18.75%21.74%20.00%-15.38%37.50%63.64%42.42%18.52%2.86%2.38%-11.11%36.36%7.69%-2.38%50.00%-12.90%44.44%23.08%14.29%22.22%37.50%9.52%5.26%25.00%23.08%4.17%13.79%22.73%36.00%7.14%-
Timing------Pre-marketPre-marketPre-marketPre-marketPre-market--------------After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap9.87B
Enterprise Value9.46B
Trailing P/E56.95
Forward P/E29.50
PEG Ratio2.71
Price / Sales9.06
Price / Book6.09
EPS1.03
Book Value9.69
Revenue (TTM)1.09B
Gross Profit (TTM)749.91M
EBITDA267.41M
Profit Margin16.05%
Operating Margin29.36%
Return on Equity11.15%
Return on Assets7.13%
Shares Outstanding168.22M
Shares Float160.52M
Beta1.49
Dividend Yield0.59%
Dividend Rate0.34
Payout Ratio24.46%

Analyst Ratings

Buy
Based on 21 analystsTarget 79.63
  • Strong Buy
    11
  • Buy
    4
  • Hold
    6

Ownership Breakdown

Institutions
112.86%
Insiders
0.36%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    16.24M9.65%
  • Vanguard Portfolio Management, LLC
    10.37M6.16%
  • Vanguard Capital Management, LLC
    7.43M4.42%
  • Pictet Asset Manangement SA
    5.83M3.47%
  • Nordea Investment Mgmt Bank Demark A/s
    5.82M3.46%
  • State Street Corp
    5.26M3.13%
  • T. Rowe Price Associates, Inc.
    4.74M2.82%
  • Geode Capital Management, LLC
    4.70M2.79%
  • Disciplined Growth Investors Inc
    4.14M2.46%
  • Amvescap Plc.
    2.99M1.78%
  • HHG PLC
    2.66M1.58%
  • Dimensional Fund Advisors, Inc.
    2.38M1.41%
  • Lazard Asset Management LLC
    2.30M1.37%
  • Sumitomo Mitsui Trust Group Inc
    2.22M1.32%

Top Fund Holders

  • Pictet - Robotics I dy EUR
    5.92M3.52%
  • iShares Core S&P Mid-Cap ETF
    5.83M3.46%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.29M3.15%
  • Vanguard Small Cap Index
    3.83M2.28%
  • Vanguard Information Technology ETF
    2.25M1.34%
  • Nordea 1 - Global Climate & Envir BI EUR
    2.23M1.32%

Dividends

20263×
0.09Aug 20, 20260.09May 21, 20260.09Feb 26, 2026
20254×
0.09Nov 13, 20250.08Aug 14, 20250.08May 15, 20250.08Feb 27, 2025
20244×
0.08Nov 14, 20240.07Aug 15, 20240.07May 15, 20240.07Feb 28, 2024
20234×
0.07Nov 16, 20230.07Aug 17, 20230.07May 18, 20230.07Mar 2, 2023
20224×
0.07Nov 17, 20220.07Aug 18, 20220.07May 19, 20220.07Mar 3, 2022
20214×
0.07Nov 18, 20210.06Aug 19, 20210.06May 20, 20210.06Feb 25, 2021
20201×
2.00Dec 11, 2020

Stock Splits

  • Dec 4, 20172:1
  • Sep 17, 20132:1
  • Dec 19, 19952:1
  • Oct 1, 19932:1
  • Feb 18, 19922:1