Cognex profit margin CGNX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 16.1%
- Operating margin, 12 months
- 21.9%
- Net margin on a year earlier
- +2.9 pts
- Peer median
- 7.8%
Over the twelve months to Jul 5, 2026, Cognex kept 16.1% of its revenue as net profit, with an operating margin of 21.9% and a gross margin of 68.9%.
Five years earlier its net margin was 31.0%.
The median for 10 electronic components stocks of a similar size is 7.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.5% | 16.3% | 66.9% |
| FY2024 | 11.6% | 12.6% | 68.4% |
| FY2023 | 13.5% | 15.6% | 71.8% |
| FY2022 | 21.4% | 24.5% | 71.8% |
| FY2021 | 27.0% | 30.4% | 73.3% |
| FY2020 | 21.7% | 21.0% | 74.5% |
| FY2019 | 28.1% | 19.7% | 73.8% |
| FY2018 | 27.2% | 27.4% | 74.4% |
| FY2017 | 23.1% | 33.8% | 75.6% |
| FY2016 | 28.7% | 30.9% | 77.8% |
| FY2015 | 41.5% | 27.0% | 77.2% |
| FY2014 | 26.7% | 28.3% | 76.5% |
| FY2013 | 20.8% | 24.4% | 76.2% |
| FY2012 | 21.0% | 25.7% | 75.5% |
| FY2011 | 21.7% | 26.5% | 75.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 16.1% | +2.9 pts | 21.9% | |
| Q1 FY26 | 13.6% | +0.8 pts | 18.8% | |
| Q4 FY25 | 11.5% | −0.1 pts | 16.3% | |
| Q3 FY25 | 11.3% | +1.2 pts | 16.3% | |
| Q2 FY25 | 13.1% | +3.8 pts | 14.2% | |
| Q1 FY25 | 12.8% | +1.0 pts | 13.8% | |
| Q4 FY24 | 11.6% | −1.9 pts | 12.6% | |
| Q3 FY24 | 10.1% | −7.8 pts | 11.0% | |
| Q2 FY24 | 9.3% | −10.0 pts | 11.4% | |
| Q1 FY24 | 11.8% | −7.0 pts | 14.5% | |
| Q4 FY23 | 13.5% | −7.9 pts | 15.6% | |
| Q3 FY23 | 17.9% | −3.3 pts | 19.6% |
Against its peers
Companies in Hardware, Equipment & Parts nearest Cognex's size, closest first, today.
| Company | Profit margin |
|---|---|
| CGNXCognex | 16.1% |
| AEISAdvanced Energy Industries | 10.8% |
| TTMITTM Technologies | 7.0% |
| SANMSanmina | 2.4% |
| VICRVicor | 30.6% |
| MKSIMKS | 10.1% |
| STSensata Technologies | 2.4% |
| PLXSPlexus | 4.0% |
| FTVFortive | 12.4% |
| VSHVishay Intertechnology | 0.9% |
| BDCBelden | 8.5% |
| Peer median | 7.8% |
Where Cognex ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cognex
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.