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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?

As of Sep '26, Cognex Corp traded at a price-to-earnings ratio of about 89.3× (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.