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Cognex (CGNX) operating margin by quarter

Cognex's operating margin was 32.2% in Q3 2026 (third quarter 2026), +2.8 pts from Q2 2026. Over the last 7 quarters it ranged from 12.1% (Q1 2025) to 32.2% (Q3 2026).

Cognex operating margin by quarterCognex operating margin by quarter12.1%Q1 202517.4%Q2 202520.9%Q3 202514.0%Q4 202522.3%Q1 202629.4%Q2 202632.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202632.2%+2.8 pts+11.3 pts
Q2 202629.4%+7.1 pts+11.9 pts
Q1 202622.3%+8.3 pts+10.2 pts
Q4 202514.0%-6.9 pts—
Q3 202520.9%+3.4 pts—
Q2 202517.4%+5.4 pts—
Q1 202512.1%——

Q3 2026 at a glance

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

What is Cognex's operating margin?

Cognex's operating margin was 32.2% in Q3 2026 (third quarter 2026), +2.8 pts from Q2 2026.

How has Cognex's operating margin changed?

Over the last 7 quarters it ranged from 12.1% (Q1 2025) to 32.2% (Q3 2026).

Q3 2026 results → · How Cognex makes money →