Earnings Releases·Nov 4, 2026, 4:32 PM ET

Cognex Corporation — Third Quarter 2026 Earnings Summary

Reported record quarterly revenue of $313 million, up 13% year-over-year (19% excluding a one-time commercial partnership benefit), while adjusted operating margin expanded 1,100 basis points to 34.2% and adjusted net income rose 61% to $90 million.
Increased full-year 2026 guidance for revenue to $1,143–$1,163 million, adjusted EBITDA margin to 31%–32%, and adjusted EPS to $1.68–$1.72, citing strong double-digit growth and profitability expansion.
Announced a definitive all-cash agreement to acquire RealSense, Inc., expected to close in Q4 2026, supported by a debt-free balance sheet holding $846 million in cash and investments.
Raised the quarterly cash dividend by 6% to $0.09 per share and generated $104 million in free cash flow, representing a 122% conversion rate of net income.