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NASDAQ · INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL · LARGE CAP

Cognex Corp. CGNX

18 fiscal years on record · USD · FY2025 reported · SEC filings only
4 YEARS OF DIVIDEND GROWTH
$994.4M
▲ 8.7% YoY
$114.4M
▲ 7.8% YoY
$236.8M
▲ 76.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Cognex offers a range of machine vision systems and sensors, vision software, and barcode readers designed to meet customer needs at different performance and price points. It sells to customers in nearly all major industries in which discrete items are manufactured on an assembly line or moved through a distribution center or warehouse. Its largest end markets by revenue are the logistics, packaging, consumer electronics, and automotive industries, which combined represented approximately 85% of its total revenue in 2025. Sales to customers based outside of the United States represented approximately 67% of its total revenue in 2025, with approximately 25% from customers based in Europe, approximately 16% from customers based in Greater China, and approximately 26% from customers based in other regions outside the United States. Cognex manufactures optical components, including lenses and lighting, at in-house production plants located in China and Vietnam. As of December 31, 2025, Cognex employed 2,745 employees globally, including 1,600 in selling, general and administrative activities, 575 in research, development and engineering, and 570 in manufacturing, quality assurance and service activities. Cognex Corporation was founded in 1981.

Written from the business description in COGNEX CORP's annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth

USD 994.4M
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.0 · Net income 0.1
0.5B1.0B
2008201120142017202020232025
Compound annual growth
−0.4%
+4.2%
+8.2%
+8.5%
−19.0%
−8.3%
−4.8%
+4.2%
−17.9%
−7.4%
+7.0%
−31.9%
−5.7%
−14.7%
+3.3%
+22.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.2% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 16.3% · Net 11.5%
20%40%-2%-4%-6%
200820162025
ROE
FY2025 · ROE 7.6%
10%20%
200820162025
Three returns, three denominators.

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders

USD 199.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 236.8
150M300M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 54.6 · Net buybacks 144.8
200M400MDividendsNet buybacks
2008201120142017202020232025

USD 54.6M in dividends and USD 144.8M in buybacks — 174% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.0B
EquityUSD 1.5B
CashUSD 262.9M
Current ratio3.80×

Equity funds 74% of total assets.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
CGNX, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B1.00.90.81.01.00.80.70.80.80.50.50.40.30.30.30.30.20.2
Operating income $B0.20.10.10.20.30.20.10.20.30.20.10.10.10.10.10.1−0.00.0
EBITDA $B0.20.10.10.30.30.20.20.20.30.20.10.10.10.10.10.1−0.00.0
Income tax $B0.10.00.00.00.00.0−0.00.00.10.00.00.00.00.00.00.0−0.00.0
Net income $B0.10.10.10.20.30.20.20.20.20.10.20.10.10.10.10.1−0.00.0
Free cash flow $B0.20.10.10.20.30.20.20.20.20.20.10.10.10.10.10.10.00.1
EPS, diluted $0.680.620.651.231.561.001.161.240.980.831.061.360.830.780.821.52−0.120.66
Dividend / sh $0.330.300.290.270.242.230.200.180.170.150.110.000.000.770.180.250.300.47
Payout %4849432115222171516181000972216−24471
ROE %7.67.07.715.020.813.516.419.717.216.023.817.612.112.113.614.1−1.26.6
Shares out B0.170.170.170.170.180.180.170.170.090.080.080.090.090.040.04◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityIndustrial Instruments For Measurement, Display, and Control
Listed onNASDAQ
Incorporated inMassachusetts
Fiscal year endsDecember 31
Data on record since2008

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