Filing Flows › Cognex (CGNX) › Guidance history
Cognex (CGNX) guidance history: what it guided and what it reported
Cognex gave guidance in 11 earnings releases on file since Feb 15, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Revenue: 1 of 1, on average +2.9% against the guided midpoint. Its releases raised guidance 6 times and lowered it 0 times.
Revenue
Met or beat 1 of 1 periods (0 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2025 | $200M–$220M (Feb 12, 2025) | $216M | within the range | +2.9% |
| Q4 2024 | $210M–$230M (Oct 30, 2024) | — | — | — |
| Q3 2024 | $225M–$240M (Jul 31, 2024) | — | — | — |
| Q2 2024 | $230M–$245M (May 2, 2024) | — | — | — |
Adjusted gross margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2025 | 60.0% (Feb 12, 2025) | — | — | — |
| Q4 2024 | 60.0% (Oct 30, 2024) | — | — | — |
| Q3 2024 | 70.0% (Jul 31, 2024) | — | — | — |
| FY2024 | 60.0% (Feb 15, 2024) | — | — | — |
Net income
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $33.0M (Feb 11, 2026) | — | to be reported | — |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2025 | 16.0% (Feb 12, 2025) | — | — | — |
| Q4 2024 | 16.0% (Oct 30, 2024) | — | — | — |
| Q3 2024 | 16.0% (Jul 31, 2024) | — | — | — |
| Q2 2024 | 16.0% (May 2, 2024) | — | — | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2025 | $49.0M (Feb 12, 2025) | $38.0M (GAAP) | not judged | — |
Adjusted EBITDA margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2025 | 20.5%–25.0% (Jul 30, 2025) | — | — | — |
| Q1 2025 | 12.0%–15.0% (Feb 12, 2025) | — | — | — |
| Q4 2024 | 14.0%–17.0% (Oct 30, 2024) | — | — | — |
| Q3 2024 | 16.0%–19.0% (Jul 31, 2024) | — | — | — |
The latest quarter
Cognex, Q3 2026: revenue $313M (+13% year over year), operating margin 32.2%, net earnings $84.8M, operating cash flow $106M. The chart follows the revenue to costs, profit and cash.
Questions
Does Cognex beat its guidance?
Cognex gave guidance in 11 earnings releases on file since Feb 15, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Revenue: 1 of 1, on average +2.9% against the guided midpoint.
How often does Cognex raise guidance?
Its earnings releases raised guidance 6 times and lowered it 0 times since Feb 15, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.