Cognex (CGNX) Tax Rate (2009 - 2026)
Cognex's (CGNX) quarterly Tax Rate came in at 18.53% in Q3 2026, up 282.0% on a YoY basis from 4.85% in Q3 2025, and up 13.81% quarter-over-quarter from 16.28% in Q2 2026.
Analysis
Cognex (CGNX) Tax Rate (2009 - 2026) Analysis & Trends
Cognex (CGNX) has reported Tax Rate for 18 consecutive years, with 18.53% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Tax Rate rose 282.0% year-over-year to 18.53%; the trailing twelve-month figure through Jul 2026 stood at 32.25% (up 1460.0% YoY), and the FY2025 full-year result was 37.4%, up 1814.0% from the prior year.
- Tax Rate advanced to 18.53% in Q3 2026 per CGNX's latest filing, from 16.28% in the prior quarter.
- Across five years, Tax Rate topped out at 71.9% in Q3 2025 and bottomed at 2.29% in Q2 2023.
- Historically, Tax Rate has averaged 20.5% across 5 years, with a median of 17.4% in 2026.
- The sharpest annual moves came in 2023 and 2025: Tax Rate slumped 2094 bps in 2023, then soared 5285 bps in 2025.
- Over 5 years, Tax Rate stood at 6.62% in 2022, then soared by 229 bps to 21.77% in 2023, then retreated by 4 bps to 20.82% in 2024, then climbed by 24 bps to 25.9% in 2025, then declined by 28 bps to 18.53% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.53%, 16.28%, and 25.9% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 16.34% |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 24.54% |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 17.36% |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 13.19% |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 19.52% |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 19.38% |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 17.80% |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 12.37% |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 22.04% |
| 10 | Cognex | 10.32 Bn | 9.91 Bn | 205.77 Mn | 18.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 18.53% |
| Apr 5, 2026 | 16.28% |
| Dec 31, 2025 | 25.90% |
| Sep 28, 2025 | 71.90% |
| Jun 29, 2025 | 15.71% |
| Mar 30, 2025 | 15.09% |
| Dec 31, 2024 | 20.82% |
| Sep 29, 2024 | 19.05% |
| Jun 30, 2024 | 12.88% |
| Mar 31, 2024 | 31.56% |
| Dec 31, 2023 | 21.77% |
| Oct 1, 2023 | 29.95% |
| Jul 2, 2023 | 15.20% |
| Apr 2, 2023 | 2.29% |
| Dec 31, 2022 | 6.62% |
| Oct 2, 2022 | 13.64% |
| Jul 3, 2022 | 8.56% |
| Apr 3, 2022 | 23.23% |
| Dec 31, 2021 | 7.61% |
| Oct 3, 2021 | 10.93% |