Cognex (CGNX) Gross Margin (2009 - 2026)

Cognex (CGNX) posted Gross Margin of 71.13% for Q2 2026, up 8.19% quarter-over-quarter from 65.75% in Q4 2025, and up 432.0% year-on-year from 13.37% in Q2 2025.

Cognex (CGNX) Gross Margin (2009 - 2026) Analysis & Trends

Cognex (CGNX) has reported Gross Margin for 18 consecutive years, with 71.13% the latest figure, recorded in Q2 2026.

  • Gross Margin for Q2 2026 came in at 71.13%, up 432.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 68.02% (down 28.0% YoY), and the FY2025 annual result was 66.92%, down 151.0% from the prior year.
  • Gross Margin was 71.13% for Q2 2026 at Cognex, up from 65.75% in the prior quarter.
  • Over five years, Gross Margin peaked at 74.09% in Q3 2023 and troughed at 65.75% in Q4 2025.
  • Average Gross Margin over 5 years is 69.77%, with a median of 69.62% recorded in 2024.
  • Year-over-year, Gross Margin slumped 529 bps in 2022 and surged 432 bps in 2026.
  • Over 5 years, Gross Margin stood at 70.82% in 2022, then dropped by 3 bps to 68.67% in 2023, then gained by 0 bps to 68.73% in 2024, then declined by 4 bps to 65.75% in 2025, then grew by 8 bps to 71.13% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 71.13% in Q2 2026, 65.75% in Q4 2025, and 67.64% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 37.66%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 44.07%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 62.19%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 43.19%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 63.17%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 68.76%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 71.13%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 30.63%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 59.44%
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 41.69%

Historic Data

Download Data
DateValue
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%
Jul 4, 2021 74.58%