CGNX Cognex margins

Relative Growth: Rel. Growth: 68

Relative Strength: Rel. Strength: 84

Relative Valuation: Rel. Valuation: 19

Relative Profitability: Rel. Profitability: 86

Gross margin

68.9%

Operating margin

21.9%

EBITDA margin

26.4%

Net margin

16.1%

Currently, Cognex has a gross margin of 68.9%, an operating margin of 21.9%, an EBITDA margin of 26.4%, and a net margin of 16.1%. Each available margin improved from the same period last year. Operating margin recorded the strongest gain, increasing by 7.7 percentage points.

CGNX margin history

Gross, operating, EBITDA and net margin trends

Cognex's margins averaged 68.75% gross, 15.13% operating, 19.74% EBITDA, and 12.25% 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 operating margin with an increase of 7.7 percentage points.

Gross margin expansion

1.2pp

Operating margin expansion

7.7pp

EBITDA margin expansion

6.9pp

Net margin expansion

3pp

CGNX Gross margin

Cognex recorded an average gross margin of 68.75% across the last 3 years. Cognex currently reports a gross margin of 68.9%, 0.2 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 15.13% across the last 3 years. Cognex currently reports an operating margin of 21.9%, 6.8 percentage points above its three-year average. Looking back over the last 3 years, Cognex's operating margin reached 21.9% at its highest point in Jul 2026 and 11% at its lowest in Sep 2024.

CGNX EBITDA margin

Across the last 3 years, Cognex's EBITDA margin stood at 19.74%. The current EBITDA margin stands at 26.4%, 6.7 percentage points above its three-year average. EBITDA margin was highest at 26.4% in Jul 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 12.25%. Against its three-year average, Cognex's net margin is currently 16.1%, 3.9 percentage points above its three-year average. Looking back over the last 3 years, Cognex's net margin reached 16.1% at its highest point in Jul 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 68.9%, CGNX is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 52.1%, Cognex's gross margin is 32% 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 68.9% as of Jul 5, 2026.

What is Cognex's operating margin?

As of Jul 5, 2026, CGNX has an operating margin of 21.9%.

What is Cognex's EBITDA margin?

For the period ending Jul 5, 2026, CGNX recorded an EBITDA margin of 26.4%.

What is Cognex's net margin?

For the period ending Jul 5, 2026, CGNX recorded a net margin of 16.1%.

What are the average margins of CGNX?

Across the last 3 years, CGNX averaged 68.8% gross, 15.1% operating, 19.7% EBITDA, and 12.3% 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.