COGNEX CORP(CGNX)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #680 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
CGNX Stock Analysis & AI Quality Score
AI stock analysis and institutional research for COGNEX CORP (CGNX), a Technology sector company. 13F Pro's AI-powered ranking engine scores CGNX at 63.6/100 on a 32-signal composite quality model, placing it at rank #680 of 2,879 stocks — the top 25% of the AI-ranked universe. CGNX scores in the top quartile across free cash flow (78.5), profitability (77.7), balance sheet strength (77.3). Areas of concern include institutional flow (15.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 26.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), COGNEX CORP reports quarterly revenue of $268.4M, net income of $51.7M, an operating margin of 22.3%. Top institutional holders of CGNX by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. CGNX trades on the Nasdaq exchange and files with the SEC under CIK 851205. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CGNX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for COGNEX CORP directly from SEC EDGAR. COGNEX CORP's 13F Pro composite quality score has ranged between 8 and 75 since 2021, currently 63.6 — a stable long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$268.4M
Net Income
Q1 2026
$51.7M
Free Cash Flow
Q1 2026
$42.3M
Operating Margin
Q1 2026
22.3%
ROIC
Q1 2026
4.0%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+9.2% YoYNet Income
-6.2% YoYOperating Income
-12.0% YoYEPS (Diluted)
-4.6% YoYTotal Assets
-1.2% YoYOp. Cash Flow
+32.0% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $914.5M +9.2% | $837.5M -16.8% | $1.01B -3.0% | $1.04B +27.9% | $811.0M +11.8% | $725.6M |
| Net Income | $106.2M -6.2% | $113.2M -47.5% | $215.5M -23.0% | $279.9M +58.9% | $176.2M -13.6% | $203.9M |
| Operating Income | $115.1M -12.0% | $130.7M -46.9% | $246.2M -21.9% | $315.1M +84.8% | $170.5M +19.6% | $142.6M |
| EPS (Diluted) | $0.62 -4.6% | $0.65 -47.2% | $1.23 -21.2% | $1.56 +56.0% | $1.00 -13.8% | $1.16 |
| Total Assets | $1.99B -1.2% | $2.02B +3.0% | $1.96B -2.3% | $2.00B +11.3% | $1.80B -4.5% | $1.89B |
| Operating Cash Flow | $149.1M +32.0% | $112.9M -53.6% | $243.4M -22.5% | $314.1M +29.6% | $242.4M -4.3% | $253.3M |
AI Insight: CGNX Financial Trends
Cognex stabilized revenue momentum into Q2 2026 with operating margin expanding to 22.4%, though net income volatility persists.
• Operating margin improved from 10.9% in Q1 2025 to 22.4% in Q2 2026, signaling operational leverage recovery.
• Revenue rebounded to $268M in Q2 2026 after Q4 2025 dip to $252M, showing stabilization after 2024–Q1 2025 decline.
• Operating cash flow averaged $60M in last two quarters, up from $41M in Q1 2025, indicating strengthened cash generation.
⚠ Net income swung sharply from $52M (Q2 2026) to $18M (Q3 2025), suggesting non-operating volatility or one-time charges.
⚠ Revenue fell from $239M (Q2 2024) to $216M (Q1 2025), a 9.6% decline; recovery to $268M still lags prior-year levels.
AI Insight: CGNX Ratio Trends
Operating margin and ROIC surged to multi-year highs in Q2 2026, driven by strong profitability recovery and improved asset efficiency.
• OpMargin expanded from 12.1% in Q1 2025 to 22.3% in Q2 2026, a 1,020 basis point recovery over 15 months.
• ROIC climbed to 16.2% in Q2 2026, highest in dataset, from 7.2% trough in Q1 2025—140 basis point jump quarter-over-quarter.
• NPM reached 19.3% in Q2 2026, strongest reading since Q2 2024, signaling durable earnings power restoration.
• ROA improved to 10.3% from 4.9% low, matching pre-downturn levels and indicating sharper capital deployment.
⚠ Q3 2025 NPM collapsed to 6.4% despite 20.9% OpMargin—unusual gap suggests one-time charge or tax item. Monitor recurrence.
⚠ Q4 2025 showed OpMargin, NPM, and ROIC all decline from Q2–Q3 levels; verify if seasonal or demand-driven.
Get alerted when CGNX's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for COGNEX CORP including:
Top Institutional Holders of CGNX
BlackRock, Inc.
$795.7M16,242,095 shVANGUARD PORTFOLIO MANAGEMENT LLC
$508.1M10,370,647 shVANGUARD CAPITAL MANAGEMENT LLC
$364.0M7,430,156 shPictet Asset Management Holding SA
$326.8M6,673,031 shNORDEA INVESTMENT MANAGEMENT AB
$292.2M6,141,618 shSTATE STREET CORP
$257.8M5,261,500 shGEODE CAPITAL MANAGEMENT, LLC
$230.2M4,698,742 shDISCIPLINED GROWTH INVESTORS INC /MN
$211.7M4,322,075 shInvesco Ltd.
$146.3M2,986,876 shJANUS HENDERSON GROUP PLC
$130.3M2,660,411 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $795.7M | 16,242,095 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $508.1M | 10,370,647 |
| VANGUARD CAPITAL MANAGEMENT LLC | $364.0M | 7,430,156 |
| Pictet Asset Management Holding SA | $326.8M | 6,673,031 |
| NORDEA INVESTMENT MANAGEMENT AB | $292.2M | 6,141,618 |
| STATE STREET CORP | $257.8M | 5,261,500 |
| GEODE CAPITAL MANAGEMENT, LLC | $230.2M | 4,698,742 |
| DISCIPLINED GROWTH INVESTORS INC /MN | $211.7M | 4,322,075 |
| Invesco Ltd. | $146.3M | 2,986,876 |
| JANUS HENDERSON GROUP PLC | $130.3M | 2,660,411 |
More Technology Companies
View all Technology →Put CGNX on your watchlist
Track score changes the day COGNEX CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is CGNX a good stock to buy?
13F Pro's AI-powered analysis of COGNEX CORP (CGNX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CGNX are available on the CGNX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own CGNX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CGNX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of COGNEX CORP's investment landscape.