COGNEX CORP (CGNX) Form 10-Q — Nov 5, 2026
Cognex reported Q3 2026 revenue of $313.4 million, up 13% year over year, with gross margin of 71% and net income of $84.8 million, or $0.50 per diluted share, versus $0.10 in the prior-year quarter that was depressed by an approximately $33 million OBBBA-related discrete tax charge. Growth was broad-based across end markets, with Greater China up 35% and the Americas up 29%, partially offset by a 20% decline in Europe driven by consumer electronics procurement shifts and automotive softness. Operating income rose to 32% of revenue from 21% a year ago, aided by operating leverage and continued cost management.
Key figures
- Eps
- 0.5
- Revenue
- 313387000
- Net Income
- 84820000
- Revenue Yoy
- 13%
- Total Assets
- 2276467000
- Cash Position
- 694695000
- Gross margin q3
- 71%
- Q3 2025 revenue
- 276892000
- Dividend declared
- $0.09 per share payable December 3, 2026
- Nine month revenue
- 873087000
- Shares outstanding
- 168378060
- Operating income q3
- 100822000
- Q3 2025 diluted eps
- 0.1
- Nine month net income
- 209280000
- Nine month eps diluted
- 1.23
- Repurchase authorized new
- 500000000
- Realsense acquisition price
- 500000000
- Realsense retention program
- approximately $56.5M at target, up to $69M maximum
- Moritex divestiture proceeds
- 12049000
AI analysis
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