Cognex Reports First Quarter 2026 Results
Cognex delivered an exceptional Q1 with revenue of $268 million, up 24% year-over-year, and non-GAAP EPS surging 113% to $0.34. Operating margin expanded 1,020 basis points to 22.3%, driven by broad-based strength across end markets and disciplined cost management. Looking ahead, the company raised the bar for Q2 with revenue guidance of $280 million to $300 million and adjusted EPS of $0.40 to $0.44, implying significant growth over the prior year. Capital allocation was a major focus, with $99 million returned via opportunistic share repurchases and a new quarterly dividend of $0.085 per share declared.
Key figures
- Eps
- 0.31
- Revenue
- 268000000
- Guidance
- Q2 2026 revenue $280M-$300M, Adj EPS $0.40-$0.44
- Revenue Yoy
- 24%
- Fcf
- 42000000
- Adjusted eps
- 0.34
- Operating margin
- 22.3%
- Shares repurchased
- 99000000
- Adjusted ebitda margin
- 26.9%
AI analysis
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