Cognex Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	994.36	914.52	837.55	1,006	1,037
Revenue Growth (YoY)	8.73%	9.19%	-16.75%	-2.99%	27.88%
Cost of Revenue	314.36	288.72	236.31	284.19	277.27
Gross Profit	680	625.79	601.24	721.91	759.83
Selling, General & Admin	363.86	370.91	339.14	312.11	309.35
Research & Development	138.97	139.82	139.4	141.13	135.37
Operating Expenses	502.83	510.73	478.54	453.24	444.73
Operating Income	177.17	115.07	122.7	268.67	315.1
Interest & Investment Income	16.95	13.97	14.09	6.72	6.66
Currency Exchange Gain (Loss)	-4.08	1.53	-10.04	-1.84	-2.27
Other Non Operating Income (Expenses)	7.37	0.92	0.59	-0.41	-0.59
EBT Excluding Unusual Items	197.4	131.49	127.35	273.13	318.9
Merger & Restructuring Charges	-1.54	-	-	-1.66	-
Asset Writedown	-13.07	-	-	-	-
Other Unusual Items	-	-	-	-20.78	-
Pretax Income	182.8	131.49	135.35	250.7	318.9
Income Tax Expense	68.36	25.32	22.11	35.17	39.02
Earnings From Continuing Operations	114.44	106.17	113.23	215.53	279.88
Net Income	114.44	106.17	113.23	215.53	279.88
Net Income to Common	114.44	106.17	113.23	215.53	279.88
Net Income Growth	7.79%	-6.24%	-47.46%	-22.99%	58.86%
Shares Outstanding (Basic)	168	171	172	173	176
Shares Outstanding (Diluted)	169	173	173	175	180
Shares Change (YoY)	-1.88%	-0.45%	-0.84%	-2.80%	1.88%
EPS (Basic)	0.68	0.62	0.66	1.24	1.59
EPS (Diluted)	0.68	0.62	0.65	1.23	1.56
EPS Growth	9.80%	-4.72%	-47.15%	-21.15%	56.00%
Free Cash Flow	-	134.04	89.84	223.74	298.61
Free Cash Flow Per Share	-	0.78	0.52	1.28	1.66
Dividend Per Share	0.325	0.305	0.285	0.265	0.245
Dividend Growth	6.56%	7.02%	7.55%	8.16%	8.89%
Gross Margin	68.38%	68.43%	71.79%	71.75%	73.27%
Operating Margin	17.82%	12.58%	14.65%	26.70%	30.38%
Profit Margin	11.51%	11.61%	13.52%	21.42%	26.99%
Free Cash Flow Margin	-	14.66%	10.73%	22.24%	28.79%
EBITDA	208.46	147.75	144.58	288.29	335.38
EBITDA Margin	20.96%	16.16%	17.26%	28.65%	32.34%
D&A For EBITDA	31.29	32.69	21.88	19.62	20.28
EBIT	177.17	115.07	122.7	268.67	315.1
EBIT Margin	17.82%	12.58%	14.65%	26.70%	30.38%
Effective Tax Rate	37.40%	19.25%	16.34%	14.03%	12.23%
Advertising Expenses	-	1.29	1.19	1.26	1.97

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.