Cognex (CGNX) Research & Development (2009 - 2026)

Cognex (CGNX) reported Research & Development of $37.0 million for Q2 2026, up 6.62% on a YoY basis from $34.7 million in Q2 2025, and up 2.68% quarter-over-quarter from $36.1 million in Q4 2025.

Cognex (CGNX) Research & Development (2009 - 2026) Analysis & Trends

Cognex has reported Research & Development for 18 years, with the latest figure at $37.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 6.62% year-over-year to $37.0 million; the trailing twelve-month figure through Apr 2026 stood at $141.3 million (up 2.79% YoY), and the FY2025 full-year result was $139.0 million, down 0.6% from the prior year.
  • Research & Development for Q2 2026 stood at $37.0 million, up from $36.1 million in the prior quarter.
  • The five-year high for Research & Development was $38.5 million in Q2 2023, with the low at $32.5 million in Q4 2024.
  • Historically, Research & Development has averaged $35.1 million across 5 years, with a median of $35.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Research & Development decreased 6.57% — and 2025, when it advanced 10.82%.
  • Cognex's Research & Development stood at $37.1 million in 2022, then slipped by 6.57% to $34.7 million in 2023, then retreated by 6.21% to $32.5 million in 2024, then grew by 10.82% to $36.1 million in 2025, then gained by 2.68% to $37.0 million in 2026.
  • The last three Research & Development figures came in at $37.0 million (Q2 2026), $36.1 million (Q4 2025), and $35.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coherent 75.99 Bn 74.70 Bn 679.95 Mn 185.99 Mn
2 Keysight Technologies 56.90 Bn 54.72 Bn 995.00 Mn 303.00 Mn
3 Garmin 45.32 Bn 42.62 Bn 1.04 Bn 295.82 Mn
4 Teledyne Technologies 28.36 Bn 28.06 Bn 673.80 Mn 84.60 Mn
5 Mks 21.03 Bn 20.46 Bn 507.00 Mn 81.00 Mn
6 Fortive 18.96 Bn 18.61 Bn 675.50 Mn 66.50 Mn
7 Trimble 12.56 Bn 12.32 Bn 646.30 Mn 169.50 Mn
8 Cognex 10.39 Bn 10.09 Bn 190.94 Mn 37.03 Mn
9 Esco Technologies 7.65 Bn 7.56 Bn 131.32 Mn -
10 Sensata Technologies Holding 7.33 Bn 6.69 Bn 286.30 Mn 31.90 Mn

Historic Data

Download Data
DateValue
Apr 5, 2026 37.03 Mn
Dec 31, 2025 36.06 Mn
Sep 28, 2025 35.08 Mn
Jun 29, 2025 33.10 Mn
Mar 30, 2025 34.73 Mn
Dec 31, 2024 32.54 Mn
Sep 29, 2024 35.21 Mn
Jun 30, 2024 34.96 Mn
Mar 31, 2024 37.11 Mn
Dec 31, 2023 34.69 Mn
Oct 1, 2023 32.58 Mn
Jul 2, 2023 33.59 Mn
Apr 2, 2023 38.54 Mn
Dec 31, 2022 37.13 Mn
Oct 2, 2022 33.95 Mn
Jul 3, 2022 33.99 Mn
Apr 3, 2022 36.05 Mn
Dec 31, 2021 35.49 Mn
Oct 3, 2021 34.48 Mn
Jul 4, 2021 31.30 Mn