Cognex (CGNX) Operating Margin (2009 - 2026)

Cognex has reported Operating Margin for 18 years, with the latest figure at 22.3% in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin rose 1023.0% year-over-year to 22.3%; the trailing twelve-month figure through Apr 2026 stood at 18.76% (up 495.0% YoY), and the FY2025 full-year result was 16.35%, up 377.0% from the prior year.
• Operating Margin for Q2 2026 stood at 22.3%, up from 13.98% in the prior quarter.
• The five-year high for Operating Margin was 30.71% in Q2 2022, with the low at 6.47% in Q4 2023.
• Historically, Operating Margin has averaged 17.2% across 5 years, with a median of 16.07% in 2024.
• Annual changes were most pronounced in 2023 — Operating Margin plunged 1969 bps — and 2026, when it surged 1023 bps.
• Cognex's Operating Margin stood at 22.69% in 2022, then tumbled by 71 bps to 6.47% in 2023, then soared by 107 bps to 13.43% in 2024, then gained by 4 bps to 13.98% in 2025, then soared by 60 bps to 22.3% in 2026.
• The last three Operating Margin figures came in at 22.3% (Q2 2026), 13.98% (Q4 2025), and 20.86% (Q3 2025), per Business Quant data.