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
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
FCF
Total debt
Cash
2025
$994M
$114M
66.9%
16.3%
$237M
—
$263M
2024
$915M
$106M
68.4%
12.6%
$134M
—
$186M
2023
$838M
$113M
71.8%
15.6%
$90M
—
$203M
2022
$1.0B
$216M
71.8%
24.5%
$224M
—
$181M
2021
$1.0B
$280M
73.3%
30.4%
$299M
—
$186M
2020
$811M
$176M
74.5%
21.0%
$229M
—
$269M
2019
$726M
$204M
73.8%
19.7%
$232M
—
$171M
2018
$806M
$219M
74.4%
27.4%
$186M
—
$108M
2017
$766M
$177M
75.6%
33.8%
$196M
—
$107M
2016
$530M
$144M
75.2%
29.1%
$169M
—
$80M
2015
—
$187M
—
—
$110M
—
$52M
2014
—
$121M
—
—
$143M
—
$56M
2013
—
$74M
—
—
$86M
—
$41M
2012
—
$68M
—
—
$91M
—
$45M
2011
—
$70M
—
—
$78M
—
$38M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Apr '26
$268M
$52M
71.1%
22.3%
$42M
—
$237M
Dec '25
$252M
$33M
65.7%
14.0%
$72M
—
$263M
Sep '25
$277M
$18M
67.6%
20.9%
$86M
—
$246M
Jun '25
$249M
$41M
67.4%
17.4%
$40M
—
$179M
Mar '25
$216M
$24M
66.8%
12.1%
$38M
—
$144M
Dec '24
$230M
$28M
68.7%
13.4%
$49M
—
$186M
Sep '24
$235M
$30M
67.9%
13.4%
$52M
—
$197M
Jun '24
$239M
$36M
69.6%
16.1%
$23M
—
$177M
Mar '24
$211M
$12M
67.3%
6.7%
$10M
—
$139M
Dec '23
$197M
$11M
68.7%
6.5%
$7M
—
$203M
Oct '23
$197M
$19M
72.4%
15.5%
$35M
—
$396M
Jul '23
$243M
$57M
74.1%
26.9%
$25M
—
$177M
Apr '23
$201M
$26M
71.5%
11.0%
$22M
—
$164M
Dec '22
$239M
$55M
70.8%
22.7%
$62M
—
$181M
Oct '22
$210M
$34M
72.6%
19.1%
$79M
—
$266M
Jul '22
$275M
$59M
71.5%
23.7%
$37M
—
$177M
Apr '22
$282M
$67M
72.1%
30.7%
$45M
—
$166M
Dec '21
$244M
$54M
71.7%
23.2%
$50M
—
$186M
Oct '21
$285M
$79M
69.9%
30.7%
$60M
—
$203M
Jul '21
$269M
$78M
74.6%
34.4%
$92M
—
$217M
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 38.2× (Mar '23) to 96.8× (Jun '26).
The price-to-sales ratio has risen from 8.2× (Mar '23) to 11.1× (Jun '26).
The dividend yield has fallen from 0.6% (Mar '23) to 0.5% (Jun '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?
As of Jun '26, Cognex Corp traded at a price-to-earnings ratio of about 96.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.