CGNX financial statements

The full income statement, balance sheet, and cash-flow statement for Cognex Corporation (CGNX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 171.5M2024-09 171.5M2024-12 169.9M2025-03 167.9M2025-06 167.9M2025-09 167.6M2025-12 165.7M2026-04 166.4M2026-07 168.2M-1.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	994M YoY+8.7%	915M YoY+9.2%	838M YoY-16.8%	1.01B YoY-3.0%	1.04B YoY+27.9%
Lease income	—	—	—	—	77.0K YoY+0.0%
	665M YoY+6.3%	626M YoY+4.1%	601M YoY-16.7%	722M YoY-5.0%	760M YoY+25.7%
Cost of revenue	329M YoY+13.9%	289M YoY+22.2%	236M YoY-16.8%	284M YoY+2.5%	277M YoY+34.3%
Research & development	139M YoY-0.6%	140M YoY+0.3%	139M YoY-1.2%	141M YoY+4.3%	135M YoY+3.4%
Selling, general & administrative	364M YoY-1.9%	371M YoY+9.4%	339M YoY+8.7%	312M YoY+0.9%	309M YoY+15.6%
Restructuring	—	0.00	0.00 YoY-100.0%	1.66M	0.00 YoY-100.0%
Amortization of intangibles	10.5M YoY-8.0%	11.4M YoY+147.7%	4.61M YoY+40.8%	3.27M YoY-10.7%	3.67M YoY-16.0%
Provision for credit losses	477K YoY+3.9%	459K YoY-8.2%	500K YoY+161.8%	191K	0.00 YoY-100.0%
Operating income	163M YoY+41.3%	115M YoY-12.0%	131M YoY-46.9%	246M YoY-21.9%	315M YoY+84.8%
Other non-operating income	7.37M YoY+699.1%	922K YoY+55.7%	592K YoY+243.7%	-412K YoY+30.3%	-591K YoY-91.3%
Pre-tax income	183M YoY+39.0%	131M YoY-2.9%	135M YoY-46.0%	251M YoY-21.4%	319M YoY+70.6%
Income tax	68.4M YoY+170.0%	25.3M YoY+14.5%	22.1M YoY-37.1%	35.2M YoY-9.9%	39.0M YoY+263.8%
Net income	114M YoY+7.8%	106M YoY-6.2%	113M YoY-47.5%	216M YoY-23.0%	280M YoY+58.9%
	$0.68 YoY+9.7%	$0.62 YoY-4.6%	$0.65 YoY-47.2%	$1.23 YoY-21.2%	$1.56 YoY+56.0%
EPS (basic)	$0.68 YoY+9.7%	$0.62 YoY-6.1%	$0.66 YoY-46.8%	$1.24 YoY-22.0%	$1.59 YoY+55.9%
	168M YoY-2.0%	171M YoY-0.5%	172M YoY-0.7%	173M YoY-1.7%	176M YoY+1.7%
	169M YoY-1.9%	173M YoY-0.5%	173M YoY-0.8%	175M YoY-2.8%	180M YoY+1.9%
Dividends per share	$0.33 YoY+6.6%	$0.30 YoY+6.6%	$0.29 YoY+7.9%	$0.27 YoY+8.2%	$0.24 YoY-89.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	697M YoY+13.7%	613M YoY-9.7%	679M YoY-5.4%	718M YoY+12.2%	640M YoY+6.3%
Cash & equivalents	263M YoY+41.3%	186M YoY-8.2%	203M YoY+11.7%	181M YoY-2.6%	186M YoY-30.8%
Accounts receivable	147M YoY+2.3%	143M YoY+25.6%	114M YoY-9.0%	125M YoY-3.8%	130M YoY+3.7%
Inventory	138M YoY-12.5%	158M YoY-2.9%	162M YoY+32.5%	122M YoY+8.3%	113M YoY+85.9%
Prepaid expenses	58.7M YoY-7.4%	63.4M YoY-6.9%	68.1M YoY+0.9%	67.5M YoY-1.8%	68.7M YoY+84.7%
	2.02B YoY+1.2%	1.99B YoY-1.2%	2.02B YoY+3.0%	1.96B YoY-2.3%	2.00B YoY+11.3%
Property, plant & equipment	86.0M YoY-12.6%	98.4M YoY-7.0%	106M YoY+32.8%	79.7M YoY+2.8%	77.5M YoY-2.1%
Operating lease right-of-use	72.3M YoY+7.4%	67.3M YoY-10.4%	75.1M YoY+99.3%	37.7M YoY+62.7%	23.2M YoY+2.5%
Goodwill	386M YoY+0.3%	385M YoY-2.1%	393M YoY+62.0%	243M YoY+0.4%	242M YoY-1.0%
Intangible assets	81.1M YoY-10.6%	90.7M YoY-19.7%	113M YoY+809.9%	12.4M YoY+4.4%	11.9M YoY-23.6%
Long-term investments	305M YoY-10.4%	341M YoY+39.6%	244M YoY-46.2%	454M YoY-22.2%	584M YoY+47.7%
Deferred tax assets	383M YoY-2.3%	392M YoY-2.1%	400M YoY-1.7%	407M YoY-2.7%	419M YoY-3.7%
Other non-current assets	4.99M YoY-0.7%	5.03M YoY-29.1%	7.09M YoY+6.7%	6.64M YoY-8.3%	7.24M YoY-7.1%
	184M YoY+8.4%	169M YoY+11.5%	152M YoY-19.1%	188M YoY-0.5%	189M YoY+42.5%
Accounts payable	50.2M YoY+32.0%	38.0M YoY+77.3%	21.5M YoY-20.8%	27.1M YoY-38.5%	44.1M YoY+170.7%
Accrued liabilities	91.4M YoY+27.4%	71.8M YoY-0.8%	72.4M YoY-22.4%	93.2M YoY+0.9%	92.4M YoY+19.6%
Deferred revenue	21.1M YoY-15.7%	25.0M YoY-20.6%	31.5M YoY-22.7%	40.8M YoY+14.1%	35.7M YoY+68.0%
Current lease liability	11.7M YoY+32.3%	8.85M YoY-8.0%	9.62M YoY+13.8%	8.45M YoY+8.6%	7.79M YoY-4.0%
	525M YoY+10.4%	475M YoY-7.4%	513M YoY-1.3%	520M YoY-9.4%	574M YoY+6.5%
Non-current lease liability	64.9M YoY+5.7%	61.4M YoY-11.0%	69.0M YoY+120.4%	31.3M YoY+75.9%	17.8M YoY-1.8%
Operating lease liability (total)	—	—	78.6M YoY+97.7%	39.8M YoY+55.4%	25.6M YoY-2.5%
Deferred tax liabilities	251M YoY+15.4%	217M YoY-12.0%	247M YoY-1.2%	250M YoY-14.9%	294M YoY-6.7%
Other non-current liabilities	1.45M YoY+34.2%	1.08M YoY+261.9%	299K YoY-84.3%	1.91M YoY-87.7%	15.5M YoY+55.4%
	1.49B YoY-1.7%	1.52B YoY+0.8%	1.50B YoY+4.6%	1.44B YoY+0.6%	1.43B YoY+13.3%
Additional paid-in capital	1.14B YoY+4.4%	1.09B YoY+5.2%	1.04B YoY+5.9%	979M YoY+7.0%	915M YoY+13.3%
Retained earnings	406M YoY-18.6%	499M YoY-2.6%	513M YoY-3.0%	528M YoY-6.2%	563M YoY+15.4%
Accumulated other comprehensive income	-53.5M YoY+26.5%	-72.8M YoY-60.5%	-45.3M YoY+34.6%	-69.3M YoY-44.5%	-47.9M YoY-41.8%
Total liabilities & equity	2.02B YoY+1.2%	1.99B YoY-1.2%	2.02B YoY+3.0%	1.96B YoY-2.3%	2.00B YoY+11.3%
	167M YoY-2.0%	170M YoY-0.7%	172M YoY-0.6%	173M YoY-1.6%	175M YoY-0.2%
	167M YoY-2.0%	170M YoY-0.7%	172M YoY-0.6%	173M YoY-1.6%	175M YoY-0.2%
	166M YoY-2.4%	170M YoY-1.0%	172M YoY-0.5%	173M YoY-0.8%	174M YoY-1.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	246M YoY+64.7%	149M YoY+32.0%	113M YoY-53.6%	243M YoY-22.5%	314M YoY+29.6%
Depreciation & amortization	30.8M YoY-5.8%	32.7M YoY+49.4%	21.9M YoY+11.5%	19.6M YoY-3.3%	20.3M YoY-23.5%
Intangible amortization	10.5M YoY-8.0%	11.4M YoY+147.7%	4.61M YoY+40.8%	3.27M YoY-10.7%	3.67M YoY-16.0%
Deferred income taxes	39.7M YoY+298.4%	-20.0M YoY-1.5%	-19.7M YoY+32.3%	-29.1M YoY-1007.5%	-2.63M YoY+26.0%
Change in receivables	1.36M YoY-95.8%	32.1M YoY+237.6%	-23.3M YoY-575.9%	-3.45M YoY-176.7%	4.50M YoY-78.8%
Change in inventory	-4.86M YoY-488.1%	1.25M YoY-94.5%	22.6M YoY-53.8%	48.9M YoY-10.9%	54.9M YoY+432.2%
Change in payables	11.7M YoY-36.2%	18.4M YoY+233.5%	-13.7M YoY+20.4%	-17.3M YoY-162.1%	27.8M YoY+1748.6%
	28.0M YoY+171.9%	-39.0M YoY-220.7%	32.3M YoY+824.6%	-4.45M YoY+98.2%	-253M YoY-249.0%
Capital expenditure	8.74M YoY-41.9%	15.0M YoY-34.8%	23.1M YoY+17.3%	19.7M YoY+27.3%	15.5M YoY+16.2%
Free cash flow	237M YoY+76.6%	134M YoY+49.2%	89.8M YoY-59.8%	224M YoY-25.1%	299M YoY+30.3%
Acquisitions	0.00 YoY-100.0%	1.44M YoY-99.4%	257M YoY+4990.2%	5.05M	0.00 YoY+100.0%
Purchases of investments	290M YoY-65.9%	851M YoY+362.3%	184M YoY-21.2%	234M YoY-65.0%	668M YoY-27.6%
Sales/maturities of investments	320M YoY-61.3%	828M YoY+66.9%	496M YoY+95.5%	254M YoY-41.1%	431M YoY-61.0%
Proceeds from sale of PP&E	—	—	8.00K	—	—
	-207M YoY-74.5%	-118M YoY+5.7%	-126M YoY+47.7%	-240M YoY-69.7%	-142M YoY+55.3%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	151M YoY+125.4%	67.1M YoY-15.9%	79.8M YoY-60.9%	204M YoY+26.4%	162M YoY+216.7%
Dividends paid	54.6M YoY+4.4%	52.3M YoY+6.6%	49.1M YoY+6.9%	45.9M YoY+6.1%	43.3M YoY-88.9%
FX effect on cash	9.99M YoY+221.1%	-8.25M YoY-586.3%	1.70M YoY+150.4%	-3.37M YoY-19.5%	-2.81M YoY-205.4%
Net change in cash	76.8M YoY+563.9%	-16.6M YoY-177.8%	21.3M YoY+544.6%	-4.79M YoY+94.2%	-82.9M YoY-184.9%
Income taxes paid	42.3M YoY-29.3%	59.8M YoY+5.7%	56.6M YoY-0.7%	57.0M YoY+15.3%	49.4M YoY+46.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	5.96B YoY-2.1%	6.09B YoY-15.2%	7.19B YoY-11.8%	8.15B YoY-39.8%	13.5B YoY-4.3%
P/E	52.1× YoY-9.2%	57.4× YoY+25.6%	45.7× YoY+19.8%	38.1× YoY-21.1%	48.3× YoY-39.8%
P/S	6.0× YoY-10.0%	6.7× YoY-18.4%	8.2× YoY+1.3%	8.1× YoY-38.2%	13.0× YoY-25.2%
P/B	4.0× YoY-0.4%	4.0× YoY-16.8%	4.8× YoY-17.7%	5.9× YoY-38.0%	9.5× YoY-15.5%
P/FCF	25.2× YoY-44.6%	45.4× YoY-8.6%	49.7× YoY+29.3%	38.4× YoY-15.1%	45.3× YoY-26.6%
	1.9% YoY+10.1%	1.7% YoY-20.4%	2.2% YoY-16.6%	2.6% YoY+26.8%	2.1% YoY+66.0%
	4.0% YoY+80.5%	2.2% YoY+9.4%	2.0% YoY-22.7%	2.6% YoY+17.8%	2.2% YoY+36.2%
	0.90% YoY+6.2%	0.85% YoY+24.1%	0.69% YoY+21.8%	0.56% YoY+78.5%	0.32% YoY-88.6%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: CGNX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CGNX filings on SEC EDGAR → Not investment advice.