Cognex (CGNX) Operating Expenses (2009 - 2026)
Cognex (CGNX) reported Operating Expenses of $131.1 million for Q2 2026, up 10.86% on a YoY basis from $118.2 million in Q2 2025, and little changed quarter-over-quarter from $130.6 million in Q4 2025.
Cognex (CGNX) Operating Expenses (2009 - 2026) Analysis & Trends
Cognex has reported Operating Expenses for 18 years, with the latest figure at $131.1 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 10.86% year-over-year to $131.1 million; the trailing twelve-month figure through Apr 2026 stood at $515.7 million (up 2.88% YoY), and the FY2025 full-year result was $502.8 million, down 1.55% from the prior year.
- Operating Expenses for Q2 2026 stood at $131.1 million, roughly flat from $130.6 million in the prior quarter.
- The five-year high for Operating Expenses was $131.1 million in Q2 2026, with the low at $109.3 million in Q4 2022.
- Historically, Operating Expenses has averaged $122.1 million across 5 years, with a median of $124.4 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Expenses gained 11.27% — and 2025, when it decreased 7.44%.
- Cognex's Operating Expenses stood at $113.1 million in 2022, then grew by 10.59% to $125.1 million in 2023, then increased by 1.56% to $127.0 million in 2024, then increased by 2.84% to $130.6 million in 2025, then advanced by 0.34% to $131.1 million in 2026.
- The last three Operating Expenses figures came in at $131.1 million (Q2 2026), $130.6 million (Q4 2025), and $129.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.62 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.35 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 610.62 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.27 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 274.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 483.80 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 502.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 131.07 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 265.48 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 793.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 4, 2021 | 108.15 Mn |