Cognex (CGNX) Tax Rate (2009 - 2026)
Cognex (CGNX) posted Tax Rate of 18.53% for Q2 2026, up 2.82 percentage points from 15.71% a year earlier and up 2.25 percentage points from the prior quarter.
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Analysis
Cognex (CGNX) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 5, 2026, Tax Rate at Cognex was 32.25%, up 14.60 percentage points year-over-year; for FY2025, it came in at 37.40%, up 18.14 percentage points from FY2024.
- Annual Tax Rate has increased for six consecutive years, with a five-year change of +31.66 percentage points (FY2020 to FY2025).
- In prior years, Cognex's Tax Rate was 19.25% in FY2024 (+2.92 pp), 16.34% in FY2023 (+2.31 pp), 14.03% in FY2022 (+1.79 pp) and 12.24% in FY2021 (+6.50 pp).
- Quarterly Tax Rate has run from a low of 2.29% in Q1 2023 to a high of 71.90% in Q3 2025 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last five quarters, with an average year-over-year change of +4.55 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2025, with a gain of 52.85 percentage points; the weakest was Q1 2023, with a drop of 20.94 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 16.28% (Q1 2026), 25.90% (Q4 2025) and 71.90% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 24.54% |
| 10 | Cognex | 10.04 Bn | 8.70 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% |
API Access
Cognex Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CGNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CGNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CGNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();