CGNX Cognex margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 95

Gross margin

69.7%

Operating margin

25%

EBITDA margin

29%

Net margin

21.5%

Currently, Cognex has a gross margin of 69.7%, an operating margin of 25%, an EBITDA margin of 29%, and a net margin of 21.5%. Each available margin improved from the same period last year. Net margin recorded the strongest gain, increasing by 10.2 percentage points.

CGNX margin history

Gross, operating, EBITDA and net margin trends

Cognex's margins averaged 68.83% gross, 15.95% operating, 20.51% EBITDA, and 13.02% net during the last 3 years. Currently all four current margins are above their three-year averages.

CGNX margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by net margin with an increase of 10.2 percentage points.

Gross margin expansion

2.1pp

Operating margin expansion

8.7pp

EBITDA margin expansion

7.8pp

Net margin expansion

10.2pp

CGNX Gross margin

Cognex recorded an average gross margin of 68.83% across the last 3 years. Cognex currently reports a gross margin of 69.7%, 0.9 percentage points above its three-year average. The gross margin for Cognex moved between 66.9% in Dec 2025 and 71.8% in Dec 2023.

CGNX Operating margin

Cognex recorded an average operating margin of 15.95% across the last 3 years. Cognex currently reports an operating margin of 25%, 9.1 percentage points above its three-year average. Looking back over the last 3 years, Cognex's operating margin reached 25% at its highest point in Oct 2026 and 11% at its lowest in Sep 2024.

CGNX EBITDA margin

Across the last 3 years, Cognex's EBITDA margin stood at 20.51%. The current EBITDA margin stands at 29%, 8.5 percentage points above its three-year average. EBITDA margin was highest at 29% in Oct 2026 and lowest at 15.2% in Jun 2024.

CGNX Net margin

Looking at the last 3 years, Cognex had an average net margin of 13.02%. Against its three-year average, Cognex's net margin is currently 21.5%, 8.5 percentage points above its three-year average. Looking back over the last 3 years, Cognex's net margin reached 21.5% at its highest point in Oct 2026 and 9.3% at its lowest in Jun 2024.

CGNX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 69.7%, CGNX is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52.4%, Cognex's gross margin is 33% higher.

CGNX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Cognex's gross margin?

The current gross margin for CGNX is 69.7% as of Oct 4, 2026.

What is Cognex's operating margin?

As of Oct 4, 2026, CGNX has an operating margin of 25%.

What is Cognex's EBITDA margin?

For the period ending Oct 4, 2026, CGNX recorded an EBITDA margin of 29%.

What is Cognex's net margin?

For the period ending Oct 4, 2026, CGNX recorded a net margin of 21.5%.

What are the average margins of CGNX?

Across the last 3 years, CGNX averaged 68.8% gross, 16.0% operating, 20.5% EBITDA, and 13.0% net.

What are the highest historical margins of CGNX?

Looking back across 5 years, CGNX reached 73.3% gross in Dec 2021, 30.4% operating in Dec 2021, 32.7% EBITDA in Dec 2021, and 27% net in Dec 2021.

What are the lowest historical margins of CGNX?

Over the last 5 years, Cognex's lowest margins were 66.9% gross in Dec 2025, 11% operating in Sep 2024, 15.2% EBITDA in Jun 2024, and 9.3% net in Jun 2024.