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
DateValue
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%