Cognex (CGNX) Research & Development (2009 - 2026)
Cognex's Research & Development came in at $32.39 million for Q2 2026, down 2.1% from $33.1 million a year earlier and down 12.5% from the prior quarter.
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Analysis
Cognex (CGNX) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 5, 2026, Cognex reported Research & Development of $140.56 million, up 3.7% year-over-year; for FY2025, it was $138.97 million, down 0.6% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $139.82 million in FY2024 (+0.3%), $139.4 million in FY2023 (-1.2%), $141.13 million in FY2022 (+4.3%) and $135.37 million in FY2021 (+3.4%).
- The Q2 2026 figure represents the lowest quarterly Research & Development since Q2 2021.
- Year-over-year, Research & Development increased in three of the last eight quarters, with growth averaging 0.6%.
- The fastest year-over-year change in Research & Development over five years came in Q3 2021 (growth of 14.0%), and the weakest in Q4 2023 (a decline of 6.6%).
- Business Quant data shows CGNX's Research & Development at $37.03 million (Q1 2026), $36.06 million (Q4 2025) and $35.08 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | - |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 304.00 Mn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | - |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | - |
| 10 | Cognex | 9.71 Bn | 8.37 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 |
API Access
Cognex Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CGNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CGNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CGNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();