Cognex (CGNX) Research & Development (2009 - 2026)
Cognex's (CGNX) quarterly Research & Development came in at $32.4 million in Q3 2026, down 2.15% on a YoY basis from $33.1 million in Q3 2025, and down 12.52% quarter-over-quarter from $37.0 million in Q2 2026.
Analysis
Cognex (CGNX) Research & Development (2009 - 2026) Analysis & Trends
Cognex (CGNX) has reported Research & Development for 18 consecutive years, with $32.4 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Research & Development fell 2.15% year-over-year to $32.4 million; the trailing twelve-month figure through Jul 2026 stood at $140.6 million (up 3.67% YoY), and the FY2025 full-year result was $139.0 million, down 0.6% from the prior year.
- Research & Development slipped to $32.4 million in Q3 2026 per CGNX's latest filing, from $37.0 million in the prior quarter.
- Across five years, Research & Development topped out at $38.5 million in Q2 2023 and bottomed at $32.4 million in Q3 2026.
- Historically, Research & Development has averaged $34.9 million across 5 years, with a median of $34.8 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Research & Development slipped 6.57% in 2023, then climbed 10.82% in 2025.
- Over 5 years, Research & Development stood at $37.1 million in 2022, then declined by 6.57% to $34.7 million in 2023, then slipped by 6.21% to $32.5 million in 2024, then rose by 10.82% to $36.1 million in 2025, then retreated by 10.17% to $32.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $32.4 million, $37.0 million, and $36.1 million for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 302.00 Mn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | - |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 173.00 Mn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 52.99 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | - |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | - |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 67.50 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | - |
| 10 | Cognex | 10.32 Bn | 9.91 Bn | 205.77 Mn | 32.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 32.39 Mn |
| 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 |