--- title: "Cognex Corporation Metrics Guide" description: "Cognex Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/cognex-corporation/financial-metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Cognex Corporation Financial Metrics Guide ## Direct Answer > Cognex Corporation reported revenue of $994 million for the fiscal year ended December 31, 2025, with an operating margin of 16.3% and net income of $114 million, according to its SEC filings. Revenue grew 8.7% from the prior year. ## What Are Cognex Corporation's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $994 million | $915 million | $838 million | $1.0 billion | | Operating income | $163 million | $115 million | $131 million | $246 million | | Operating margin | 16.3% | 12.6% | 15.6% | 24.5% | | Net income | $114 million | $106 million | $113 million | $216 million | | Net margin | 11.5% | 11.6% | 13.5% | 21.4% | | Operating cash flow | $246 million | $149 million | $113 million | $243 million | | Capital expenditures | $9 million | $15 million | $23 million | $20 million | | Free cash flow | $237 million | $134 million | $90 million | $224 million | Operating margin widened by 3.8 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $237 million against net income of $114 million; cash generation covered reported earnings. ![Bar chart of Cognex Corporation revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $994 million, operating income $163 million and net income $114 million.](https://www.getswoopr.com/images/charts/cognex-corporation-metrics-revenue-profit.webp) *Cognex Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Cognex Corporation operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 16.3% and net margin was 11.5%.](https://www.getswoopr.com/images/charts/cognex-corporation-metrics-margins.webp) *Cognex Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Cognex Corporation operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $246 million, capital expenditures was $9 million, free cash flow was $237 million.](https://www.getswoopr.com/images/charts/cognex-corporation-metrics-cash-flow.webp) *Cognex Corporation operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Cognex Corporation's Balance Sheet Show? | Cash and cash equivalents | $263 million | | --- | --- | | Long-term debt | Not reported | | Total assets | $2.0 billion | | Total liabilities | $525 million | | Shareholders' equity | $1.5 billion | | Current ratio | 3.8x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Cognex Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0000851205-26-000012 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Cognex Corporation's revenue in fiscal 2025? Cognex Corporation reported revenue of $994 million for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Cognex Corporation's operating margin? Cognex Corporation's operating margin was 16.3% in fiscal 2025: operating income of $163 million on revenue of $994 million. ### How much free cash flow did Cognex Corporation generate? Operating cash flow of $246 million less capital expenditures of $9 million gives free cash flow of $237 million for fiscal 2025. ## References - [SEC EDGAR: COGNEX CORP Form 10-K filed February 12, 2026](https://www.sec.gov/Archives/edgar/data/851205/000085120526000012/cgnx-20251231.htm) - [SEC EDGAR: COGNEX CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=851205&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Cognex Corporation company dossier](https://www.getswoopr.com/stocks/companies/cognex-corporation/) - [Cognex Corporation financial metrics](https://www.getswoopr.com/stocks/companies/cognex-corporation/financial-metrics/) - [Cognex Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/cognex-corporation/risks-monitoring/) - [Cognex Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/cognex-corporation/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) [Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/) Swoopr's editorial team produces independent investment education content. Content is for educational purposes only and does not constitute personalized investment advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).