Cognex (CGNX) Gross Margin (2009 - 2026)
Cognex's (CGNX) quarterly Gross Margin came in at 71.13% in Q2 2026, up 432.0% YoY from 13.37% in Q2 2025, and up 8.19% on a QoQ basis from 65.75% in Q4 2025.
Cognex (CGNX) Gross Margin (2009 - 2026) Analysis & Trends
Cognex (CGNX) has 18 years of Gross Margin data on file, last reported at 71.13% in Q2 2026.
- Quarterly Gross Margin rose 432.0% year-over-year to 71.13% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 68.02% (down 28.0% YoY) and the FY2025 annual result came in at 66.92%, down 151.0% from the prior year.
- Gross Margin climbed to 71.13% in Q2 2026, from 65.75% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 74.09% in Q3 2023 to a low of 65.75% in Q4 2025.
- A 5-year average of 69.77% and a median of 69.62% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 529 bps — and 2026, when it soared 432 bps.
- Tracing CGNX's Gross Margin over 5 years: stood at 70.82% in 2022, then retreated by 3 bps to 68.67% in 2023, then grew by 0 bps to 68.73% in 2024, then decreased by 4 bps to 65.75% in 2025, then gained by 8 bps to 71.13% in 2026.
- The last three Gross Margin figures came in at 71.13% (Q2 2026), 65.75% (Q4 2025), and 67.64% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 62.41% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 68.61% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 38.48% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 44.40% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 47.68% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 63.39% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 69.43% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 70.65% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 41.74% |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 30.47% |
Historic Data
Download 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% |