Company Analysis

Cognex Corporation (CGNX)

Nasdaq: CGNX · Industrial Instruments For Measurement, Display, and Control · Natick, MA · filing with the SEC since 1994
Grade6.0
◀ Past 6.1● Present 5.8▶ Future 6.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 12, 2026Feb 13, 2025Feb 15, 2024Feb 16, 2023Feb 17, 2022Feb 11, 2021Feb 13, 2020Feb 14, 2019Feb 15, 2018Feb 16, 2017
Revenue994,359914,515837,5471,006,0901,037,098811,020725,625806,338766,083529,515
Cost of revenue328,966288,721236,306284,185277,271206,421189,754206,052187,289r131,070r
Gross profit665,393625,794601,241721,905759,827604,599535,871600,286578,794r398,445r
Research and development138,970139,815139,400141,133135,372130,982119,427116,44599,20578,269
Selling, general and administrative363,857370,914339,139312,107309,354267,593273,842262,699220,728166,110
Operating income162,566115,065130,702246,229315,101170,529142,602221,142258,861r154,066r
Interest and investment income16,95013,97114,0936,7156,66012,99419,68914,7159,5427,039
Other income (expense), net7,368922592-412-591-3091,212-219-338871
Income before income taxes182,802131,489135,348250,695318,900186,911162,994234,574266,464r162,077r
Income tax expense68,36025,31822,11435,17039,01910,725-40,87115,30789,752r18,128r
Income from continuing operations·······219,267176,712r143,949r
Income from discontinued operations·······00-255
Net income114,442106,171113,234215,525279,881176,186203,865219,267176,712r143,694r
Earnings per share, basic0.680.620.661.241.591.021.191.271.020.84r
Earnings per share, diluted0.680.620.651.231.561.001.161.240.98r0.83r
Weighted average shares, basic168,049171,438172,249173,407176,463173,489171,194172,333173,287170,676r
Weighted average shares, diluted169,367172,611173,399174,869179,916176,592175,269177,406179,551174,144r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Dec 2017.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNonoperating
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton CGNX · research, not advice