Cognex (CGNX) Tax Rate (2009 - 2026)
Cognex's (CGNX) quarterly Tax Rate came in at 16.28% in Q2 2026, up 119.0% YoY from 7.43% in Q2 2025, and down 37.14% on a QoQ basis from 25.9% in Q4 2025.
Cognex (CGNX) Tax Rate (2009 - 2026) Analysis & Trends
Cognex (CGNX) has 18 years of Tax Rate data on file, last reported at 16.28% in Q2 2026.
- Quarterly Tax Rate rose 119.0% year-over-year to 16.28% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 34.24% (up 1733.0% YoY) and the FY2025 annual result came in at 37.4%, up 1814.0% from the prior year.
- Tax Rate declined to 16.28% in Q2 2026, from 25.9% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 71.9% in Q3 2025 to a low of 2.29% in Q2 2023.
- A 5-year average of 20.61% and a median of 16.28% in 2026 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate sank 2094 bps — and 2025, when it surged 5285 bps.
- Tracing CGNX's Tax Rate over 5 years: stood at 6.62% in 2022, then jumped by 229 bps to 21.77% in 2023, then declined by 4 bps to 20.82% in 2024, then gained by 24 bps to 25.9% in 2025, then tumbled by 37 bps to 16.28% in 2026.
- The last three Tax Rate figures came in at 16.28% (Q2 2026), 25.9% (Q4 2025), and 71.9% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.87 Bn | 54.20 Bn | 1.26 Bn | 16.76% |
| 2 | Keysight Technologies | 53.58 Bn | 51.17 Bn | 1.18 Bn | 16.51% |
| 3 | Coherent | 50.41 Bn | 48.42 Bn | 787.08 Mn | 15.19% |
| 4 | Teledyne Technologies | 29.23 Bn | 28.89 Bn | 738.10 Mn | 21.66% |
| 5 | Mks | 18.90 Bn | 18.29 Bn | 595.00 Mn | 17.84% |
| 6 | Fortive | 18.28 Bn | 17.90 Bn | 695.30 Mn | 12.37% |
| 7 | Trimble | 14.05 Bn | 13.84 Bn | 674.90 Mn | -6.05% |
| 8 | Cognex | 9.99 Bn | 9.58 Bn | 205.77 Mn | 18.53% |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 20.07% |
| 10 | Sensata Technologies Holding | 6.22 Bn | 5.82 Bn | 301.80 Mn | 22.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 18.53% |
| Jul 5, 2026 | 18.53% |
| Jul 5, 2026 | 18.53% |
| Apr 5, 2026 | 16.28% |
| Apr 5, 2026 | 16.28% |
| Apr 5, 2026 | 16.28% |
| Dec 31, 2025 | 25.90% |
| Dec 31, 2025 | 25.90% |
| Dec 31, 2025 | 25.90% |
| Sep 28, 2025 | 71.90% |
| Sep 28, 2025 | 71.90% |
| Sep 28, 2025 | 71.90% |
| Jun 29, 2025 | 15.71% |
| Jun 29, 2025 | 15.71% |
| Jun 29, 2025 | 15.71% |
| Mar 30, 2025 | 15.09% |
| Mar 30, 2025 | 15.09% |
| Mar 30, 2025 | 15.09% |
| Dec 31, 2024 | 20.82% |
| Dec 31, 2024 | 20.82% |