Filing Flows › Cognex (CGNX) › Q3 2026
Cognex (CGNX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Cognex (CGNX) reported revenue of $313M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +8% from the quarter before. Operating margin was 32.2%, net earnings $84.8M (27.1% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $313M | +8% | +13% |
| Gross profit | $222M | +8% | +18% |
| Operating profit | $101M | +18% | +75% |
| Net earnings | $84.8M | +17% | +380% |
| Operating cash flow | $106M | +54% | +22% |
| Free cash flow | $104M | +53% | +21% |
What changed
Revenue was $313.4M in Q3 2026, up 13% year over year and up 8% from the previous quarter. Standard products and services (1) was the largest line at 85% of revenue. Standard products and services (1) added $33.7M year over year (up 15%), 92% of the total change.
Gross margin was 70.8%, up 3.1 points from Q3 2025. Operating profit was $100.8M, a 32.2% margin (up 11.3 points year over year). Of the extra revenue versus Q3 2025, 118% reached operating profit, above the 21% margin then. Operating expenses fell 7% while revenue rose 13%. Net earnings were $84.8M, up 380% year over year. The effective tax rate was 17.9%.
Operating cash flow was $106.4M (up 22% year over year), 125% of net earnings. Non-cash charges added back $6.8M of depreciation and amortization and $11.1M of share-based compensation. Capital expenditures of $2.6M left free cash flow of $103.8M.
Questions
What was Cognex's revenue in the third quarter 2026?
Cognex (CGNX) reported revenue of $313M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +8% from the quarter before.
Was Cognex profitable in the third quarter 2026?
Operating profit was $101M (32.2% of revenue) and net earnings $84.8M.
Source: Cognex 10-Q on SEC EDGAR.