Cognex (CGNX) Operating Expenses (2009 - 2026)
Cognex's (CGNX) quarterly Operating Expenses came in at $120.3 million in Q3 2026, down 3.36% on a YoY basis from $124.4 million in Q3 2025, and down 8.25% quarter-over-quarter from $131.1 million in Q2 2026.
Analysis
Cognex (CGNX) Operating Expenses (2009 - 2026) Analysis & Trends
Cognex (CGNX) has reported Operating Expenses for 18 consecutive years, with $120.3 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses fell 3.36% year-over-year to $120.3 million; the trailing twelve-month figure through Jul 2026 stood at $511.5 million (up 2.8% YoY), and the FY2025 full-year result was $502.8 million, down 1.55% from the prior year.
- Operating Expenses slipped to $120.3 million in Q3 2026 per CGNX's latest filing, from $131.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $131.1 million in Q2 2026 and bottomed at $109.3 million in Q4 2022.
- Historically, Operating Expenses has averaged $122.0 million across 5 years, with a median of $123.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses advanced 11.27% in 2024, then slipped 7.44% in 2025.
- Over 5 years, Operating Expenses stood at $113.1 million in 2022, then rose by 10.59% to $125.1 million in 2023, then gained by 1.56% to $127.0 million in 2024, then gained by 2.84% to $130.6 million in 2025, then retreated by 7.94% to $120.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $120.3 million, $131.1 million, and $130.6 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Cognex | 10.32 Bn | 9.91 Bn | 205.77 Mn | 120.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 120.26 Mn |
| Apr 5, 2026 | 131.07 Mn |
| Dec 31, 2025 | 130.63 Mn |
| Sep 28, 2025 | 129.53 Mn |
| Jun 29, 2025 | 124.44 Mn |
| Mar 30, 2025 | 118.23 Mn |
| Dec 31, 2024 | 127.02 Mn |
| Sep 29, 2024 | 127.84 Mn |
| Jun 30, 2024 | 128.14 Mn |
| Mar 31, 2024 | 127.73 Mn |
| Dec 31, 2023 | 125.07 Mn |
| Oct 1, 2023 | 114.89 Mn |
| Jul 2, 2023 | 117.01 Mn |
| Apr 2, 2023 | 121.58 Mn |
| Dec 31, 2022 | 113.09 Mn |
| Oct 2, 2022 | 109.33 Mn |
| Jul 3, 2022 | 113.94 Mn |
| Apr 3, 2022 | 116.89 Mn |
| Dec 31, 2021 | 118.46 Mn |
| Oct 3, 2021 | 111.59 Mn |