Cognex Corporation (CGNX)
Information Technology · Industrial Machine Vision Systems
Cognex is a global leader in industrial machine vision systems that automate manufacturing and distribution through AI-powered image analysis and barcode reading.
What Cognex Corporation does
Cognex manufactures advanced machine vision systems that blend hardware and software to capture and analyze visual information for manufacturing and distribution automation. The company's solutions help customers automate tasks such as locating, identifying, inspecting, and measuring discrete items on assembly lines and in warehouses. Cognex serves diverse industries including logistics, packaging, consumer electronics, automotive, and semiconductors, with logistics, packaging, consumer electronics, and automotive representing approximately 85% of 2025 revenue. The company has recently launched Solutions Experience (SLX) devices designed to make advanced machine vision accessible through intuitive deployment workflows integrated with AI vision tools.
Themes: ["Machine vision / industrial automation"]
Fundamentals
- Price$65.76 as of 2026-07-09 close
- Market cap$11.1B as of 2026-07-10
- 1-year return+97.4% as of 2026-07-09 close
- P/E77.70 as of 2026-07-10
- Net margin+13.6% as of 2026-07-10
- Gross margin+68.0% as of 2026-07-10
- ROE+7.7% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+13.8% as of 2026-07-10
- Revenue CAGR (3y)-0.4% SEC XBRL
- Beta1.50 as of 2026-07-10
Dividend: yield +0.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant exposure to logistics and e-commerce end markets, which represented a substantial portion of 2025 revenue and experienced demand fluctuations during post-pandemic capacity absorption periods"]
Competitors & peers
- Basler (BASL)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.