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
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%