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CGNX Financials Cognex Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 4.2% per year over the past 5 years.
  • Net income has grown slower than revenue (-8.3% vs 4.2% per year).
  • Operating margin has contracted, at 16.3% in the latest year.
  • Free cash flow has grown 0.7% per year over the past 5 years.

Shareholder returns

  • Dividends have been paid for 11 consecutive years, consuming 47.7% of earnings and 23.1% of free cash flow.
  • The dividend has declined 32.5% per year over the past 5 years.
Revenue & net income
$0 $519M $1B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 38% 76% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 11% 22% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
$0 $149M $299M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $135M $269M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$317M -$1M $314M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $994M $114M 66.9% 16.3% 7.7% 5.7% $237M — $263M
2024 $915M $106M 68.4% 12.6% 7.0% 5.3% $134M — $186M
2023 $838M $113M 71.8% 15.6% 7.5% 5.6% $90M — $203M
2022 $1.0B $216M 71.8% 24.5% 15.0% 11.0% $224M — $181M
2021 $1.0B $280M 73.3% 30.4% 19.6% 14.0% $299M — $186M
2020 $811M $176M 74.5% 21.0% 14.0% 9.8% $229M — $269M
2019 $726M $204M 73.8% 19.7% 15.0% 10.8% $232M — $171M
2018 $806M $219M 74.4% 27.4% 19.3% 17.0% $186M — $108M
2017 $766M $177M 75.6% 33.8% 16.1% 13.7% $196M — $107M
2016 $530M $144M 75.2% 29.1% 14.9% 13.8% $169M — $80M
2015 — $187M — — 22.5% 21.1% $110M — $52M
2014 — $121M — — 16.5% 14.8% $143M — $56M
2013 — $74M — — 11.4% 10.4% $86M — $41M
2012 — $68M — — 11.9% 10.9% $91M — $45M
2011 — $70M — — 12.6% 11.4% $78M — $38M

Valuation over time

How the market has priced CGNX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 54.4 108.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 6.3 12.5 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 0.6 1.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is CGNX growing its revenue and profit?

Over the past 5 years, Cognex Corp's revenue has grown 4.2% per year, and net income declined 8.3% per year. These are computed facts, not advice.

How much debt does CGNX have?

As of FY2025, Cognex Corp reported — of total debt against $263M of cash.

What is CGNX's profit margin?

In FY2025, gross margin was 66.9%, operating margin 16.3%, and net margin 11.5%.

What is CGNX's P/E ratio?

Cognex Corp's P/E (TTM) is 54.30 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CGNX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 82.9× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.