Filing Flows › Comparisons › RAL vs CGNX
Ralliant vs Cognex: RAL and CGNX compared
Ralliant is the larger company: $620M of revenue in its latest quarter (Q3 2026) against $313M for Cognex (Q3 2026). Ralliant is growing faster (+17% against +13% a year earlier). Cognex is more profitable, with an operating margin of 32.2% against 18.9%.
Where the money goes: RAL and CGNX
Ralliant (RAL) · Q3 2026
Ralliant, Q3 2026: revenue $620M (+17% year over year), operating margin 18.9%, net earnings $86.1M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
Cognex (CGNX) · Q3 2026
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.
| Ralliant (RAL) | Cognex (CGNX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $620M | $313M |
| Revenue growth, Y/Y | +17% | +13% |
| Gross margin | 53.2% | 70.8% |
| Operating margin | 18.9% | 32.2% |
| Net earnings | $86.1M | $84.8M |
| Net margin | 13.9% | 27.1% |
| Operating cash flow | $111M | $106M |
| Free cash flow | $102M | $104M |
| Market value | $7.6B | $9.9B |
| P/E | — | 56.8× |
| Analysts’ mean target | $81.27 | $74.21 |
Where the revenue comes from
Ralliant
- Sensors and Safety Systems: $376M (61%)
- Test and Measurement: $244M (39%)
Cognex
- Standard products and services (1): $266M (85%)
- Application-specific customer solutions: $47.0M (15%)
Questions
Which is bigger, Ralliant or Cognex?
Ralliant is the larger company: $620M of revenue in its latest quarter (Q3 2026) against $313M for Cognex (Q3 2026).
Is Ralliant or Cognex growing faster?
Ralliant is growing faster (+17% against +13% a year earlier).
Which is more profitable, Ralliant or Cognex?
Cognex is more profitable, with an operating margin of 32.2% against 18.9%.
More: Ralliant earnings · how Ralliant makes money · Cognex earnings · how Cognex makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.