Cognex (CGNX) Tax Rate (2009 - 2026)
Cognex (CGNX) posted Tax Rate of 16.28% for Q2 2026, down 37.14% quarter-over-quarter from 25.9% in Q4 2025, and up 119.0% year-on-year from 7.43% in Q2 2025.
Cognex (CGNX) Tax Rate (2009 - 2026) Analysis & Trends
Cognex (CGNX) has reported Tax Rate for 18 consecutive years, with 16.28% the latest figure, recorded in Q2 2026.
- Tax Rate for Q2 2026 came in at 16.28%, up 119.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 34.24% (up 1733.0% YoY), and the FY2025 annual result was 37.4%, up 1814.0% from the prior year.
- Tax Rate was 16.28% for Q2 2026 at Cognex, down from 25.9% in the prior quarter.
- Over five years, Tax Rate peaked at 71.9% in Q3 2025 and troughed at 2.29% in Q2 2023.
- Average Tax Rate over 5 years is 20.61%, with a median of 16.28% recorded in 2026.
- Year-over-year, Tax Rate tumbled 2094 bps in 2023 and jumped 5285 bps in 2025.
- Over 5 years, Tax Rate stood at 6.62% in 2022, then jumped by 229 bps to 21.77% in 2023, then decreased by 4 bps to 20.82% in 2024, then grew by 24 bps to 25.9% in 2025, then slumped by 37 bps to 16.28% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 16.28% in Q2 2026, 25.9% in Q4 2025, and 71.9% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.45% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 19.94% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | -41.92% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 18.62% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 16.63% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 24.68% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 16.28% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 24.59% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 14.27% |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 24.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 16.28% |
| Apr 5, 2026 | 16.28% |
| Dec 31, 2025 | 25.90% |
| Dec 31, 2025 | 25.90% |
| Sep 28, 2025 | 71.90% |
| Sep 28, 2025 | 71.90% |
| Jun 29, 2025 | 15.71% |
| Jun 29, 2025 | 15.71% |
| Mar 30, 2025 | 15.09% |
| Mar 30, 2025 | 15.09% |
| Dec 31, 2024 | 20.82% |
| Dec 31, 2024 | 20.82% |
| Sep 29, 2024 | 19.05% |
| Sep 29, 2024 | 19.05% |
| Jun 30, 2024 | 12.88% |
| Jun 30, 2024 | 12.88% |
| Mar 31, 2024 | 31.56% |
| Mar 31, 2024 | 31.56% |
| Dec 31, 2023 | 21.77% |
| Dec 31, 2023 | 21.77% |