The Inventing Press

COGNEX CORP

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$994.4M$914.5M$837.5M$1.0B$1.0B
Cost of revenue$329.0M$288.7M$236.3M$284.2M$277.3M
Gross profit$665.4M$625.8M$601.2M$721.9M$759.8M
Selling, general & administrative$363.9M$370.9M$339.1M$312.1M$309.4M
Research and development$139.0M$139.8M$139.4M$141.1M$135.4M
Operating income$162.6M$115.1M$130.7M$246.2M$315.1M
Pretax income$182.8M$131.5M$135.3M$250.7M$318.9M
Income tax expense$68.4M$25.3M$22.1M$35.2M$39.0M
Net income$114.4M$106.2M$113.2M$215.5M$279.9M
Balance Sheet
Cash and equivalents$262.9M$186.1M$202.7M$181.4M$186.2M
Current assets$697.2M$613.4M$679.0M$717.7M$639.8M
Total assets$2.0B$2.0B$2.0B$2.0B$2.0B
Current liabilities$183.6M$169.4M$151.9M$187.7M$188.6M
Total liabilities$524.7M$475.3M$513.1M$519.7M$573.6M
Stockholders' equity$1.5B$1.5B$1.5B$1.4B$1.4B
Cash Flow Statement
Cash from operations$245.5M$149.1M$112.9M$243.4M$314.1M
Depreciation and amortization$20.3M$21.3M$17.3M$16.3M$16.6M
Stock-based compensation$48.5M$52.4M$54.8M$54.5M$43.8M
Capital expenditure$8.7M$15.0M$23.1M$19.7M$15.5M
Free cash flow$236.8M$134.0M$89.8M$223.7M$298.6M
Dividends paid$54.6M$52.3M$49.1M$45.9M$43.3M
Share repurchases$151.2M$67.1M$79.8M$204.3M$161.7M

Shares outstanding 166.4M · Free float 98.2%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.