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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
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
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jul '26
$291M
$73M
70.6%
29.4%
4.5%
3.3%
$68M
—
$303M
Apr '26
$268M
$52M
71.1%
22.3%
3.5%
2.6%
$42M
—
$237M
Dec '25
$252M
$33M
65.7%
14.0%
2.2%
1.6%
$72M
—
$263M
Sep '25
$277M
$18M
67.6%
20.9%
1.2%
0.9%
$86M
—
$246M
Jun '25
$249M
$41M
67.4%
17.4%
2.7%
2.0%
$40M
—
$179M
Mar '25
$216M
$24M
66.8%
12.1%
1.6%
1.2%
$38M
—
$144M
Dec '24
$230M
$28M
68.7%
13.4%
1.9%
1.4%
$49M
—
$186M
Sep '24
$235M
$30M
67.9%
13.4%
1.9%
1.4%
$52M
—
$197M
Jun '24
$239M
$36M
69.6%
16.1%
2.4%
1.8%
$23M
—
$177M
Mar '24
$211M
$12M
67.3%
6.7%
0.8%
0.6%
$10M
—
$139M
Dec '23
$197M
$11M
68.7%
6.5%
0.7%
0.6%
$7M
—
$203M
Oct '23
$197M
$19M
72.4%
15.5%
1.3%
1.0%
$35M
—
$396M
Jul '23
$243M
$57M
74.1%
26.9%
3.9%
2.9%
$25M
—
$177M
Apr '23
$201M
$26M
71.5%
11.0%
1.8%
1.3%
$22M
—
$164M
Dec '22
$239M
$55M
70.8%
22.7%
3.8%
2.8%
$62M
—
$181M
Oct '22
$210M
$34M
72.6%
19.1%
2.4%
1.8%
$79M
—
$266M
Jul '22
$275M
$59M
71.5%
23.7%
4.2%
3.0%
$37M
—
$177M
Apr '22
$282M
$67M
72.1%
30.7%
5.0%
3.5%
$45M
—
$166M
Dec '21
$244M
$54M
71.7%
23.2%
3.7%
2.7%
$50M
—
$186M
Oct '21
$285M
$79M
69.9%
30.7%
5.3%
3.9%
$60M
—
$203M
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.
The price-to-earnings ratio has risen from 38.7× (Mar '23) to 82.9× (Nov '26).
The price-to-sales ratio has risen from 8.3× (Mar '23) to 9.5× (Nov '26).
The dividend yield has risen from 0.6% (Mar '23) to 0.6% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
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.