Cognex (CGNX) Gross Margin (2009 - 2026)
Cognex's Gross Margin was 70.65% in Q2 2026, up 3.25 percentage points from 67.39% a year earlier but down 0.48 percentage points from the prior quarter.
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Analysis
Cognex (CGNX) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cognex's Gross Margin was 68.87% through Jul 5, 2026, up 1.15 percentage points year-over-year; for FY2025, it was 66.92%, down 1.51 percentage points from FY2024.
- Gross Margin shows a five-year change of -7.63 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 68.43% in FY2024 (-3.36 pp), 71.79% in FY2023 (+0.03 pp), 71.75% in FY2022 (-1.51 pp) and 73.26% in FY2021 (-1.28 pp).
- Quarterly Gross Margin has moved between 65.75% (Q4 2025) and 74.09% (Q2 2023) over five years.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.36 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2026 (a gain of 4.32 percentage points); the worst was Q3 2021 (a drop of 6.30 percentage points).
- Per Business Quant data, CGNX's Gross Margin in the three quarters before Q2 2026 was 71.13% (Q1 2026), 65.75% (Q4 2025) and 67.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 44.13% |
| 10 | Cognex | 10.04 Bn | 8.70 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% |
API Access
Cognex Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CGNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CGNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CGNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();