Cognex (CGNX) Earnings Dates, Call Summary & Reports

1,562 Followers

Earnings Data

Report Date

Jul 30, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.42

Last Year’s EPS

0.25

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 12 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call reflected strong operational and financial outperformance in Q1 — high revenue growth (24% YoY), doubled EBITDA, >100% free cash flow conversion and major product/AI launches — while acknowledging manageable near-term headwinds (memory cost timing, tariffs, FX, portfolio exits) and limited visibility into the second half. Management presented confidence in cost-reduction targets, product-led growth and disciplined capital allocation, offsetting macro uncertainties.

Company Guidance

Cognex guided Q2 revenue of $280–$300 million (≈$290M midpoint, ~16.5% year‑over‑year growth at the midpoint), adjusted EBITDA margin of 28–31% (midpoint ≈+880 basis points YoY) and adjusted EPS of $0.40–$0.44 (midpoint ≈+68% YoY); management noted Q2 will include about $7M of electronics order timing pulled forward from Q3, while the divestiture/noncore exits will reduce revenue by roughly $5M in Q2 and each of the next three quarters and Q3 comparability includes a ~$13M headwind from a prior‑year one‑time partnership benefit—Cognex reaffirmed its $35–$40M annualized net cost‑reduction target to be achieved by end of 2026 and cautioned that full‑year profitability targets will be reassessed as second‑half visibility improves.

Strong Top-Line Growth

Q1 revenue increased 24% year-over-year (21% on a constant currency basis), marking the seventh consecutive quarter of year-over-year growth. Company issued Q2 revenue guidance of $280M–$300M (midpoint ~16.5% YoY growth).

Material Margin and Profitability Expansion

Adjusted EBITDA was $72M, up 100% year-over-year. Adjusted EBITDA margin reached 26.9%, expanding 1,010 basis points YoY and exceeding guidance midpoint by ~600 bps. Adjusted gross margin expanded 420 basis points to 71.8%.

Significant EPS and Cash Flow Improvement

Adjusted diluted EPS increased 113% YoY to $0.34 in Q1. Trailing 12-month free cash flow was $241M (up nearly 50% YoY) with a free cash flow conversion rate of 119% (sixth consecutive quarter >100%).

Product and Technology Momentum (AI/Edge)

Launched two new embedded AI vision systems (In-Sight 6900 powered by NVIDIA and In-Sight 3900 powered by Qualcomm) and broadened OneVision availability, strengthening presence in an estimated $3.5B of a $7B served market and advancing edge-to-cloud AI vision leadership.

Broad-Based End-Market Strength

Q1 outperformance led by Logistics (ninth consecutive quarter of double-digit growth), Packaging (double-digit Q1 growth; outlook moved to high single digits), Electronics (double-digit Q1 growth; outlook high single to double digits), and Semiconductor (double-digit Q1 growth, very strong in Asia). Automotive grew mid-single digits on a constant currency basis.

Cost Reduction & Productivity Progress

On track to achieve $35M–$40M of annualized net cost reductions by end of 2026. Company incurred $4.8M of reorganization charges this quarter related to these actions, and excluding certain compensation effects, adjusted operating expenses declined year-over-year.

Capital Allocation and Shareholder Returns

Returned $113M to shareholders in the quarter, including $99M of opportunistic share repurchases (reduced average share count by ~2 million shares), consistent with disciplined capital allocation priorities.

Operational Efficiency Improvements

Cash conversion cycle improved by 57 days year-over-year and 128 days from the peak two years ago, indicating strong working capital management and optimized cash conversion.

Cognex (CGNX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CGNX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2026	2026 (Q2)	0.42 / -	0.25	―	―	―
May 06, 2026	2026 (Q1)	0.25 / 0.34	0.16	112.50% (+0.18)
Feb 11, 2026	2025 (Q4)	0.22 / 0.27	0.16	68.75% (+0.11)
Oct 29, 2025	2025 (Q3)	0.29 / 0.33	0.17	94.12% (+0.16)
Jul 31, 2025	2025 (Q2)	0.24 / 0.25	0.21	19.05% (+0.04)
Apr 30, 2025	2025 (Q1)	0.13 / 0.16	0.07	128.57% (+0.09)
Feb 12, 2025	2024 (Q4)	0.15 / 0.16	0.07	128.57% (+0.09)
Oct 30, 2024	2024 (Q3)	0.18 / 0.17	0.11	54.55% (+0.06)
Jul 31, 2024	2024 (Q2)	0.19 / 0.21	0.33	-36.36% (-0.12)
May 02, 2024	2024 (Q1)	0.08 / 0.07	0.15	-53.33% (-0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CGNX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	$62.18	$65.83	+5.88%
Feb 11, 2026	$42.91	$58.50	+36.35%
Oct 29, 2025	$47.20	$41.10	-12.92%
Jul 31, 2025	$40.49	$40.19	-0.74%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.