Cognex Corporation logo CGNX - Cognex Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 13
HOLD 15
SELL 2
STRONG
SELL
0
| PRICE TARGET: $70.09 DETAILS
HIGH: $80.00
LOW: $61.00
MEDIAN: $70.00
CONSENSUS: $70.09
UPSIDE: 6.05%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 994.4 914.5 837.5 1,006.1 1,037.1 811.0 725.6 806.3 766.1 529.5 450.6 426.4 307.7 324.3 321.9 290.7 175.7 242.7 225.7 238.3 216.9 202.0 150.1 114.1 140.7 250.7 152.1 121.8 155.3 122.8 104.5 62.5 43.4
Cost of Revenue 329.0 288.7 236.3 284.2 277.3 206.4 189.8 206.1 187.3 131.1 102.6 94.1 62.9 79.5 77.9 77.6 56.4 68.4 64.3 64.8 62.9 57.4 50.1 39.9 62.3 53.8 35.9 28.6 36.5 33.8 19.3 12.1 9
Gross Profit 665.4 625.8 601.2 721.9 759.8 604.6 535.9 600.3 578.8 398.4 348.0 332.4 244.8 244.8 244.0 213.1 119.3 174.3 161.3 173.5 154.0 144.6 100.0 74.2 78.4 196.9 116.2 93.2 118.8 89 85.2 50.4 34.4
Operating Expenses
R&D Expenses 139.0 139.8 139.4 141.1 135.4 131.0 119.4 116.4 99.2 78.3 69.8 55.8 44.3 41.5 40.9 33.1 31.1 36.3 33.4 32.3 27.6 27.1 24.7 25.6 30.1 33.3 27.7 24.7 22.5 19.4 13.2 9.9 0
SG&A Expenses 363.9 370.9 339.1 312.1 309.4 267.6 273.8 262.7 220.7 166.1 156.7 148.7 123.5 119.8 117.7 104.2 96.3 112.6 99.8 96.7 82.3 70.7 55.7 58.0 61.6 61.9 43.7 38 35.8 26.3 24 16.8 18.4
Other Expenses 0 0 (8) 22.4 0 35.5 0 0 0 0 0 0 0 0 0 0.1 4.5 0.3 0 0 0 0 0 0 14.0 12.0 9.3 8.7 5.8 5.1 3.2 1.8 1.3
Operating Expenses 502.8 510.7 470.5 475.7 444.7 434.1 393.3 379.1 319.9 244.4 226.5 204.5 167.8 161.4 158.6 137.4 132.0 149.1 133.2 129.0 110.0 97.7 80.4 83.7 105.7 107.2 80.7 71.4 64.1 50.8 40.4 28.5 19.7
Operating Income
Operating Income 162.6 115.1 130.7 246.2 315.1 170.5 142.6 221.1 258.9 154.1 121.5 127.9 76.9 83.4 85.4 75.7 (12.7) 25.1 28.1 44.5 44.0 46.8 19.5 (9.4) (27.3) 89.7 35.5 21.8 54.7 38.2 44.8 21.9 14.7
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.9 1.4 2.2 7.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 193.4 147.8 144.6 288.3 335.4 232.5 167.5 242.7 275.9 169.1 135.6 140.3 88.0 94.3 95.1 85.6 1.4 36.7 39.5 56.1 55.4 56.8 29.7 0.1 (13.8) 101.7 44.8 30.5 60.5 43.3 48 23.7 16
EBIT 162.6 115.1 122.7 268.7 315.1 206.0 142.6 221.1 258.9 154.1 121.5 127.9 76.9 83.4 85.4 75.8 (8.1) 25.4 28.1 44.5 44.0 46.8 19.5 (9.4) (27.3) 89.7 35.5 21.8 54.7 38.2 44.8 21.9 14.7
Income Before Tax 182.8 131.5 135.3 250.7 318.9 186.9 163.0 234.6 266.5 162.1 127.0 131.8 78.5 86.6 87.1 76.1 (10.4) 35.4 36.1 50.6 48.2 53.2 23.2 (8.2) (15.7) 100.2 42.8 27.3 58.3 43.7 37.6 23.3 16
Income Tax Expense 68.4 25.3 22.1 35.2 39.0 10.7 (40.9) 15.3 89.8 18.1 19.3 20.9 11.3 18.5 17.2 14.7 (5.5) 4.9 8.6 10.5 12.5 15.4 7.3 (2.2) (4.5) 32.1 12.4 7.1 17.8 13.3 14.6 7.2 4.9
Net Income 114.4 106.2 113.2 215.5 279.9 176.2 203.9 219.3 176.7 143.7 187.1 121.5 73.6 68.1 69.9 61.4 (4.9) 27.3 26.9 39.9 35.7 37.7 16.0 (6.0) (11.1) 68.1 30.4 20.2 40.5 30.4 23 16.1 11.1
Per Share Data
EPS (Basic) 0.68 0.62 0.66 1.24 1.59 1.02 1.19 1.27 1.02 0.88 1.09 0.70 0.43 0.40 0.42 0.39 -0.03 0.17 0.16 0.22 0.19 0.21 0.09 -0.03 -0.06 0.40 0.19 0.12 0.25 0.17 0.14 0.11 0.08
EPS (Diluted) 0.68 0.62 0.65 1.23 1.56 1.00 1.16 1.24 0.99 0.86 1.07 0.68 0.42 0.39 0.41 0.38 -0.03 0.17 0.15 0.21 0.19 0.20 0.09 -0.03 -0.06 0.37 0.17 0.12 0.23 0.17 0.14 0.11 0.08
Shares Outstanding 168.0 171.4 172.2 173.4 176.5 173.5 171.2 172.3 173.3 170.7 172.6 173.7 173.9 171.3 167.4 159.7 158.6 165.7 174.9 182.2 186.8 181.9 172.7 174.0 174.6 172.2 163.7 163.9 165.3 175.3 167.8 148.6 134.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 262.9 186.1 202.7 181.4 186.2 269.1 171.4 108.2 106.6 79.6 119.8 127.1 54.3 76.2 60.9 31.7 42.9 48.7 27.8 38.2 48.4 23.9 56.3 21.8
Short-Term Investments 74.0 60.0 129.4 218.8 137.5 103.2 240.5 427.3 298.0 341.2 55.6 52.6 180.4 56.4 75.8 78.5 85.4 62.9 0 0 0 0 0 0
Net Receivables 163.7 146.4 116.6 127.6 134.3 131.3 108.2 127.5 126.8 57.7 31.0 30.5 33.8 26.7 19.0 17.1 47.0 29.4 25.9 28.8 22.2 24.3 9.2 7.4
Inventory 137.9 157.5 162.3 122.5 113.1 60.8 60.3 83.3 67.9 27.0 16.8 25.1 20.1 15.5 19.0 23.1 27.7 10.9 10.8 7.8 7 12.6 4.4 3
Other Current Assets 58.7 63.4 68.1 67.5 0 0 0 0 0 0 7.7 10.2 9.5 8.2 10.0 12.2 16.7 116.9 142.8 149.2 91.8 75 27.8 25.2
Total Current Assets 697.2 613.4 679.0 717.7 639.8 601.7 607.2 780.3 630.0 526.3 249.4 264.4 313.0 197.6 193.8 172.6 219.7 268.8 207.3 224 169.4 135.8 97.7 57.4
Non-Current Assets
Property, Plant & Equipment 158.3 165.8 181.0 117.4 100.7 101.8 107.0 91.4 78.0 54.0 28.6 27.8 24.0 25.0 27.4 31.2 34.0 31.6 34.3 33 28.3 22.1 14.5 3.1
Goodwill 386.3 384.9 393.2 242.6 241.7 244.1 243.4 113.2 113.2 95.3 82.6 80.8 0 7.2 0 0 0 0 0 0 0 0 0 0
Intangible Assets 81.1 90.7 113.0 12.4 11.9 15.6 39.5 10.1 13.2 8.3 28.3 31.3 14.5 8.6 4.7 1.2 0 0 0 0 0 0 0 0
Long-Term Investments 305.3 340.9 244.2 454.1 583.7 395.1 433.5 262.0 423.4 324.3 26.6 41.4 0 0 0 (1.2) 0 0 0 0 0 0 0 0
Other Non-Current Assets 5.0 5.0 7.1 6.6 7.2 7.8 5.8 3.9 2.5 2.3 9.7 10.8 160.3 174.7 143.0 191.1 182.4 14.4 6.3 4.8 3.6 4.3 0.6 0.3
Total Non-Current Assets 1,319.3 1,379.5 1,338.8 1,240.4 1,363.9 1,199.0 1,278.7 509.3 657.8 512.3 190.5 209.6 220.3 234.9 191.7 234.3 216.4 46 40.6 37.8 31.9 26.4 15.1 3.4
Total Assets 2,016.6 1,992.8 2,017.8 1,958.1 2,003.7 1,800.7 1,885.9 1,289.7 1,287.9 1,038.6 439.9 474.0 533.3 432.5 385.5 406.9 436.1 314.8 247.9 261.8 201.3 162.2 112.8 60.8
Current Liabilities
Account Payables 50.2 38.0 21.5 27.1 44.1 16.3 17.9 16.2 23.5 9.8 5.0 6.8 5.6 5.6 3.5 4.4 10.1 4.2 2.5 3.3 3.7 2.8 1.3 0.4
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 21.1 25.0 31.5 40.8 35.7 21.3 14.4 9.8 9.4 8.2 14.9 19.4 5.7 5.7 3.9 3.1 0 0 0 0 0 0 0 0
Other Current Liabilities 51.9 34.3 27.7 49.4 50.9 41.2 10.9 11.3 15.0 9.8 0 0 3.4 3.9 3.7 2.9 41.7 33.3 20.4 21.1 12.9 13.6 7.9 5.3
Total Current Liabilities 183.6 169.4 151.9 187.7 188.6 132.3 120.5 91.4 112.6 65.8 38.7 51.0 70.5 47.3 31.0 28.9 51.8 37.5 22.9 24.4 16.6 16.4 9.2 5.7
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 274.8 243.5 273.6 265.8 308.5 329.2 343.9 8.1 6.8 5.4 6.7 9.9 0 0 0 0 0 0 0 0 0.4 0 0 0
Other Non-Current Liabilities 1.5 1.1 18.6 34.9 58.6 58.9 53.5 55.0 72.6 4.9 0 0 0 0.3 0 0 0.4 0.7 2.1 1.3 1.6 1.9 0 0
Total Non-Current Liabilities 341.1 306.0 361.2 332.0 385.0 406.2 409.7 63.0 79.4 10.2 6.7 9.9 0 0.3 0 0 0.4 0.7 2.1 1.3 2 1.9 0 0
Total Liabilities 524.7 475.3 513.1 519.7 573.6 538.5 530.2 154.4 192.5 76.0 45.4 61.0 70.5 47.5 31.0 28.9 52.2 38.2 25 25.7 18.6 18.3 9.2 5.7
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.4 0.4 0.3 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0 0 0
Retained Earnings 406.4 499.3 512.5 528.2 562.9 487.9 753.3 646.2 668.3 643.8 328.5 345.2 283.7 258.7 248.0 254.0 265.2 197 166.6 146.4 105.8 73.5 50.5 34.4
Accumulated Other Comprehensive Income (53.5) (72.8) (45.3) (69.3) (47.9) (33.8) (37.3) (40.5) (34.6) (56.4) (3.4) (5.5) (13.9) (11.1) (5.9) (6.3) (2.4) 0.5 (19.2) (13) (9.7) (5.4) (5.6) (4)
Total Stockholders' Equity 1,491.9 1,517.5 1,504.8 1,438.4 1,430.1 1,262.2 1,355.7 1,135.3 1,095.4 962.6 394.4 413.1 462.8 385.0 354.5 378.0 383.9 276.6 222.9 236.1 182.7 143.9 103.6 55.1
Total Liabilities & Equity 2,016.6 1,992.8 2,017.8 1,958.1 2,003.7 1,800.7 1,885.9 1,289.7 1,287.9 1,038.6 439.9 474.0 533.3 432.5 385.5 406.9 436.1 314.8 247.9 261.8 201.3 162.2 112.8 60.8
Debt Metrics
Total Debt 76.6 70.2 78.6 39.8 25.6 26.2 18.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt (186.3) (115.9) (124.1) (141.6) (160.6) (242.8) (153.5) (108.2) (106.6) (79.6) (119.8) (127.1) (54.3) (76.2) (60.9) (31.7) (42.9) (48.7) (27.8) (38.2) (48.4) (23.9) (56.3) (21.8)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 114.4 106.2 113.2 215.5 279.9 176.2 203.9 219.3 177.2 149.8 35.7 37.7 16.0 (6.0) (11.1) 68.1 30.4 20.2 40.5 30.4 23 16.1 11.1
Depreciation & Amortization 30.8 32.7 21.9 19.6 20.3 26.5 24.9 21.5 17.0 15.1 11.4 10.0 10.2 9.5 13.5 12.0 9.3 8.7 5.8 5.1 3.2 1.8 1.3
Stock-Based Compensation 48.5 52.4 54.8 54.5 43.8 42.7 45.6 41.1 31.9 20.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 1.7 (24.8) (67.7) (73.5) (34.0) (31.4) 71.7 (57.6) (3.4) 0.1 (9.4) 6.5 (0.1) 3.1 (5.2) (26.5) 13.1 0.6 (1.5) 9.3 (21.9) 0.3 (6.4)
Other Non-Cash Items 9.9 4.1 10.5 54.6 7.3 31.8 2.1 (0.4) (0.2) (1.6) 0.4 11.6 5.3 12.1 0.2 23.3 0.7 (2.7) (1.3) 0.9 18.8 1.2 1.2
Operating Cash Flow 245.5 149.1 112.9 243.4 314.1 242.4 253.3 223.5 224.3 182.1 42.8 63.2 31.0 16.4 20.9 76.4 55.4 29.7 52.5 51.1 21.8 19 7.2
Investing Activities
Capital Expenditure (8.7) (15.0) (23.1) (19.7) (15.5) (13.3) (21.7) (37.1) (28.8) (12.8) (3.8) (3.1) (2.5) (2.2) (4.5) (7.8) (3.4) (7.2) (10.9) (10.2) (10.5) (13.1) (1.8)
Acquisitions 6.7 (1.4) (257.1) (5.0) 0 1.0 (166.9) (4.3) (24.1) (14.3) (111.8) (0.1) (11.8) (0.3) (0.4) (22.2) 0 0 0 0 0 0 0
Purchases of Investments (290.2) (850.9) (184.1) (233.7) (668.1) (922.9) (1,031.6) (782.0) (636.9) (751.9) (1,437.3) (805.6) (165.5) (97.7) (139.9) (134.8) (97.8) (81.6) (94.7) (18.8) (75.8) (19.5) (25.1)
Sales/Maturities of Investments 320.1 828.4 496.5 254.0 431.0 1,104.6 1,063.0 812.6 584.5 657.2 1,531.8 716.7 149.4 139.4 106.3 67.1 55.6 89.3 40.5 0 34.2 17.1 25.5
Other Investing Activities 0.2 (0.0) 0 0 0 0 0 30.5 (0.3) (0.1) 0 0 0 0 0 (1.7) (1.8) (4.1) (3.1) (0.4) (6.7) (0.2) 0.1
Investing Cash Flow 28.0 (39.0) 32.3 (4.5) (252.5) 169.4 (157.3) (10.8) (105.6) (121.8) (21.1) (92.2) (30.4) 39.1 (38.4) (99.4) (47.4) (3.6) (68.2) (29.4) (58.8) (15.7) (1.3)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (151.2) (67.1) (79.8) (204.3) (161.7) (51.0) (61.7) (203.8) (123.7) (47.1) (11.7) 0 0 (26.4) 0 0 0 (39.9) 0 0 0 0 0
Dividends Paid (54.6) (52.3) (49.1) (45.9) (43.3) (390.5) (35.1) (31.9) (29.0) (25.2) (15.0) (12.8) (5.2) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.4) 1.0 3.3 9.9 63.3 124.7 64.6 (1) (1.9) (0.3) 0 0 0 0 0 0 0 0.1 0 0 0 0 0
Financing Cash Flow (206.7) (118.4) (125.6) (240.4) (141.6) (316.9) (32.2) (209.9) (100.1) (29.2) 0.6 31.1 15.4 (21.4) 4.6 17.9 13.9 (35.5) 5 2.5 4.4 31.4 1.6
Cash Position
Net Change in Cash 76.8 (16.6) 21.3 (4.8) (82.9) 97.6 63.2 1.6 26.9 27.7 18.6 4.3 15.4 29.2 (11.3) (5.7) 20.9 (10.4) (10.1) 24.5 (32.5) 34.6 1.6
Cash at Beginning 186.1 202.7 181.4 186.2 269.1 171.4 108.2 106.6 79.6 52.0 54.3 50.0 60.9 31.7 42.9 48.7 27.8 38.2 48.4 23.9 56.3 21.8 14.4
Cash at End 262.9 186.1 202.7 181.4 186.2 269.1 171.4 108.2 106.6 79.6 72.9 54.3 76.2 60.9 31.7 42.9 48.7 27.8 38.3 48.4 23.8 56.4 16
Free Cash Flow 236.8 134.0 89.8 223.7 298.6 229.1 231.6 186.4 195.6 169.3 38.9 60.1 28.5 14.2 16.4 68.7 52 22.5 41.6 40.9 11.3 5.9 5.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 994.4 914.5 837.5 1,006.1 1,037.1 811.0 725.6 806.3 766.1 529.5 450.6 426.4 307.7 324.3 321.9 290.7 175.7 242.7 225.7 238.3 216.9 202.0 150.1 114.1 140.7 250.7 152.1 121.8 155.3 122.8 104.5 62.5 43.4
Gross Profit 665.4 625.8 601.2 721.9 759.8 604.6 535.9 600.3 578.8 398.4 348.0 332.4 244.8 244.8 244.0 213.1 119.3 174.3 161.3 173.5 154.0 144.6 100.0 74.2 78.4 196.9 116.2 93.2 118.8 89 85.2 50.4 34.4
Operating Income 162.6 115.1 130.7 246.2 315.1 170.5 142.6 221.1 258.9 154.1 121.5 127.9 76.9 83.4 85.4 75.7 (12.7) 25.1 28.1 44.5 44.0 46.8 19.5 (9.4) (27.3) 89.7 35.5 21.8 54.7 38.2 44.8 21.9 14.7
Net Income 114.4 106.2 113.2 215.5 279.9 176.2 203.9 219.3 176.7 143.7 187.1 121.5 73.6 68.1 69.9 61.4 (4.9) 27.3 26.9 39.9 35.7 37.7 16.0 (6.0) (11.1) 68.1 30.4 20.2 40.5 30.4 23 16.1 11.1
EPS (Diluted) 0.68 0.62 0.65 1.23 1.56 1.00 1.16 1.24 0.99 0.86 1.07 0.68 0.42 0.39 0.41 0.38 -0.03 0.17 0.15 0.21 0.19 0.20 0.09 -0.03 -0.06 0.37 0.17 0.12 0.23 0.17 0.14 0.11 0.08
Balance Sheet
Cash & Equivalents 262.9 186.1 202.7 181.4 186.2 269.1 171.4 108.2 106.6 79.6 119.8 127.1 54.3 76.2 60.9 31.7 42.9 48.7 27.8 38.2 48.4 23.9 56.3 21.8
Total Assets 2,016.6 1,992.8 2,017.8 1,958.1 2,003.7 1,800.7 1,885.9 1,289.7 1,287.9 1,038.6 439.9 474.0 533.3 432.5 385.5 406.9 436.1 314.8 247.9 261.8 201.3 162.2 112.8 60.8
Total Debt 76.6 70.2 78.6 39.8 25.6 26.2 18.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 1,491.9 1,517.5 1,504.8 1,438.4 1,430.1 1,262.2 1,355.7 1,135.3 1,095.4 962.6 394.4 413.1 462.8 385.0 354.5 378.0 383.9 276.6 222.9 236.1 182.7 143.9 103.6 55.1
Cash Flow
Operating Cash Flow 245.5 149.1 112.9 243.4 314.1 242.4 253.3 223.5 224.3 182.1 42.8 63.2 31.0 16.4 20.9 76.4 55.4 29.7 52.5 51.1 21.8 19 7.2
Capital Expenditure (8.7) (15.0) (23.1) (19.7) (15.5) (13.3) (21.7) (37.1) (28.8) (12.8) (3.8) (3.1) (2.5) (2.2) (4.5) (7.8) (3.4) (7.2) (10.9) (10.2) (10.5) (13.1) (1.8)
Free Cash Flow 236.8 134.0 89.8 223.7 298.6 229.1 231.6 186.4 195.6 169.3 38.9 60.1 28.5 14.2 16.4 68.7 52 22.5 41.6 40.9 11.3 5.9 5.4