Cognex (CGNX) Tax Rate (2009 - 2026)
Cognex (CGNX) reported Tax Rate of 16.28% for Q2 2026, up 119.0% on a YoY basis from 7.43% in Q2 2025, and down 37.14% quarter-over-quarter from 25.9% in Q4 2025.
Cognex (CGNX) Tax Rate (2009 - 2026) Analysis & Trends
Cognex has reported Tax Rate for 18 years, with the latest figure at 16.28% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 119.0% year-over-year to 16.28%; the trailing twelve-month figure through Apr 2026 stood at 34.24% (up 1733.0% YoY), and the FY2025 full-year result was 37.4%, up 1814.0% from the prior year.
- Tax Rate for Q2 2026 stood at 16.28%, down from 25.9% in the prior quarter.
- The five-year high for Tax Rate was 71.9% in Q3 2025, with the low at 2.29% in Q2 2023.
- Historically, Tax Rate has averaged 20.61% across 5 years, with a median of 16.28% in 2026.
- Annual changes were most pronounced in 2023 — Tax Rate sank 2094 bps — and 2025, when it surged 5285 bps.
- Cognex's Tax Rate 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 | Coherent | 75.99 Bn | 74.70 Bn | 679.95 Mn | 1.45% |
| 2 | Keysight Technologies | 56.90 Bn | 54.72 Bn | 995.00 Mn | -41.92% |
| 3 | Garmin | 45.32 Bn | 42.62 Bn | 1.04 Bn | 14.27% |
| 4 | Teledyne Technologies | 28.36 Bn | 28.06 Bn | 673.80 Mn | 18.62% |
| 5 | Mks | 21.03 Bn | 20.46 Bn | 507.00 Mn | 17.65% |
| 6 | Fortive | 18.96 Bn | 18.61 Bn | 675.50 Mn | 16.63% |
| 7 | Trimble | 12.56 Bn | 12.32 Bn | 646.30 Mn | 24.68% |
| 8 | Cognex | 10.39 Bn | 10.09 Bn | 190.94 Mn | 16.28% |
| 9 | Esco Technologies | 7.65 Bn | 7.56 Bn | 131.32 Mn | 23.50% |
| 10 | Sensata Technologies Holding | 7.33 Bn | 6.69 Bn | 286.30 Mn | 24.59% |
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% |