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| Date | Value |
|---|---|
| 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 |