Cognex (CGNX) Gross Margin (2009 - 2026)
Cognex's (CGNX) quarterly Gross Margin came in at 70.65% in Q3 2026, up 325.0% on a YoY basis from 16.62% in Q3 2025, and down 0.68% quarter-over-quarter from 71.13% in Q2 2026.
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Cognex (CGNX) Gross Margin (2009 - 2026) Analysis & Trends
Cognex (CGNX) has reported Gross Margin for 18 consecutive years, with 70.65% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin rose 325.0% year-over-year to 70.65%; the trailing twelve-month figure through Jul 2026 stood at 68.87% (up 115.0% YoY), and the FY2025 full-year result was 66.92%, down 151.0% from the prior year.
- Gross Margin declined to 70.65% in Q3 2026 per CGNX's latest filing, from 71.13% in the prior quarter.
- Across five years, Gross Margin topped out at 74.09% in Q3 2023 and bottomed at 65.75% in Q4 2025.
- Historically, Gross Margin has averaged 69.81% across 5 years, with a median of 70.14% in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin sank 529 bps in 2022, then jumped 432 bps in 2026.
- Over 5 years, Gross Margin stood at 70.82% in 2022, then slipped by 3 bps to 68.67% in 2023, then rose by 0 bps to 68.73% in 2024, then dropped by 4 bps to 65.75% in 2025, then advanced by 7 bps to 70.65% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 70.65%, 71.13%, and 65.75% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 41.28% |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 44.13% |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 35.95% |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 49.46% |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 63.29% |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 40.21% |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 55.49% |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 63.39% |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 47.70% |
| 10 | Cognex | 10.32 Bn | 9.91 Bn | 205.77 Mn | 70.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 70.65% |
| Apr 5, 2026 | 71.13% |
| Dec 31, 2025 | 65.75% |
| Sep 28, 2025 | 67.64% |
| Jun 29, 2025 | 67.39% |
| Mar 30, 2025 | 66.81% |
| Dec 31, 2024 | 68.73% |
| Sep 29, 2024 | 67.90% |
| Jun 30, 2024 | 69.62% |
| Mar 31, 2024 | 67.33% |
| Dec 31, 2023 | 68.67% |
| Oct 1, 2023 | 72.39% |
| Jul 2, 2023 | 74.09% |
| Apr 2, 2023 | 71.47% |
| Dec 31, 2022 | 70.82% |
| Oct 2, 2022 | 72.63% |
| Jul 3, 2022 | 71.55% |
| Apr 3, 2022 | 72.10% |
| Dec 31, 2021 | 71.70% |
| Oct 3, 2021 | 69.91% |