Cognex (CGNX) Revenue & Revenue Breakdown

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Cognex Revenue Highlights

Latest Revenue (Y)

$837.55M

Latest Revenue (Q)

$234.74M

Main Segment (Y)

Standard Product and Services

Main Geography (Y)

Americas

Cognex Revenue by Period

Cognex Revenue by Year

Date	Revenue	Change
2023-12-31	$837.55M	-16.75%
2022-12-31	$1.01B	-2.99%
2021-12-31	$1.04B	27.88%
2020-12-31	$811.02M	11.77%
2019-12-31	$725.63M	-10.01%
2018-12-31	$806.34M	7.81%
2017-12-31	$747.95M	43.63%
2016-12-31	$520.75M	15.58%
2015-12-31	$450.56M	-7.34%
2014-12-31	$486.27M	37.41%
2013-12-31	$353.89M	9.13%
2012-12-31	$324.28M	0.73%
2011-12-31	$321.91M	10.74%
2010-12-31	$290.69M	65.42%
2009-12-31	$175.73M	-27.59%
2008-12-31	$242.68M	7.51%
2007-12-31	$225.74M	-5.32%
2006-12-31	$238.42M	9.94%
2005-12-31	$216.88M	4.29%
2004-12-31	$207.96M	38.55%
2003-12-31	$150.09M	31.54%
2002-12-31	$114.11M	-18.92%
2001-12-31	$140.73M	-43.87%
2000-12-31	$250.73M	64.84%
1999-12-31	$152.10M	24.88%
1998-12-31	$121.80M	-21.57%
1997-12-31	$155.30M	26.47%
1996-12-31	$122.80M	17.51%
1995-12-31	$104.50M	67.20%
1994-12-31	$62.50M	44.01%
1993-12-31	$43.40M	-

Cognex generated $837.55M in revenue during NA 2023, up -16.75% compared to the previous quarter, and up 103.87% compared to the same period a year ago.

Cognex Revenue by Quarter

Date	Revenue	Change
2024-09-29	$234.74M	-1.90%
2024-06-30	$239.29M	13.52%
2024-03-31	$210.80M	7.18%
2023-12-31	$196.67M	-0.29%
2023-10-01	$197.24M	-18.67%
2023-07-02	$242.51M	20.58%
2023-04-02	$201.12M	-16.00%
2022-12-31	$239.43M	14.22%
2022-10-02	$209.62M	-23.67%
2022-07-03	$274.63M	-2.75%
2022-04-03	$282.41M	15.71%
2021-12-31	$244.06M	-14.32%
2021-10-03	$284.85M	5.83%
2021-07-04	$269.16M	12.61%
2021-04-04	$239.03M	6.89%
2020-12-31	$223.62M	-10.94%
2020-09-27	$251.07M	48.48%
2020-06-28	$169.10M	1.11%
2020-03-29	$167.24M	-1.49%
2019-12-31	$169.77M	-7.39%
2019-09-29	$183.32M	-7.90%
2019-06-30	$199.05M	14.74%
2019-03-31	$173.48M	-10.24%
2018-12-31	$193.29M	-16.77%
2018-09-30	$232.22M	9.92%
2018-07-01	$211.26M	24.59%
2018-04-01	$169.57M	-5.99%
2017-12-31	$180.37M	-30.56%
2017-10-01	$259.74M	50.22%
2017-07-02	$172.90M	28.13%
2017-04-02	$134.94M	4.35%
2016-12-31	$129.32M	-12.59%
2016-10-02	$147.95M	0.46%
2016-07-03	$147.27M	53.08%
2016-04-03	$96.20M	-1.60%
2015-12-31	$97.77M	-9.13%
2015-10-04	$107.59M	-25.20%
2015-07-05	$143.83M	26.80%
2015-04-05	$113.43M	-3.20%
2014-12-31	$117.18M	-30.81%
2014-09-28	$169.36M	55.66%
2014-06-29	$108.80M	19.66%
2014-03-30	$90.93M	-4.98%
2013-12-31	$95.70M	5.41%
2013-09-29	$90.79M	4.95%
2013-06-30	$86.51M	6.95%
2013-03-31	$80.89M	-1.55%
2012-12-31	$82.17M	2.61%
2012-09-30	$80.08M	-5.04%
2012-07-01	$84.33M	8.52%
2012-04-01	$77.71M	-7.54%
2011-12-31	$84.04M	4.94%
2011-10-02	$80.08M	-3.97%
2011-07-03	$83.39M	12.10%
2011-04-03	$74.39M	-12.40%
2010-12-31	$84.92M	13.24%
2010-10-03	$74.99M	4.43%
2010-07-04	$71.81M	21.78%
2010-04-04	$58.97M	14.96%
2009-12-31	$51.29M	24.57%
2009-10-04	$41.18M	0.51%
2009-07-05	$40.97M	-3.12%
2009-04-05	$42.29M	-18.40%
2008-12-31	$51.82M	-18.08%
2008-09-28	$63.26M	-5.71%
2008-06-29	$67.09M	10.86%
2008-03-30	$60.52M	-7.35%
2007-12-31	$65.32M	-

Cognex generated $234.74M in revenue during Q3 2024, up -1.90% compared to the previous quarter, and up 96.80% compared to the same period a year ago.

Cognex Revenue Breakdown

Cognex Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Application of Customer Specific Solutions	$103.41M	$157.94M	$147.84M	$136.19M	$96.41M
Standard Product and Services	$734.14M	$848.15M	$889.25M	$674.83M	$629.22M

Cognex's latest annual revenue breakdown by segment (product or service), as of Dec 23: Standard Product and Services (87.65%), and Application of Customer Specific Solutions (12.35%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Oct 23	Jul 23	Apr 23	Oct 22	Jul 22	Apr 22	Oct 21	Jul 21	Apr 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Sep 18	Apr 18
Standard Products and Services	$203.18M	$200.86M	$187.63M	$170.10M	$194.94M	$190.78M	$158.24M	$221.47M	$257.88M	$212.57M	$234.32M	$222.33M	$174.80M	$158.81M	$152.85M	$139.89M	$173.37M	$161.05M	$150.99M	$158.40M
Application-Specific Customer Solutions	$31.56M	$38.44M	$23.16M	$27.14M	$47.57M	$10.34M	$51.38M	$53.15M	$24.53M	$72.28M	$34.84M	$16.70M	$76.28M	$10.29M	$14.38M	$43.44M	$25.68M	$12.43M	$81.23M	$11.17M

Cognex's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Standard Products and Services (86.56%), and Application-Specific Customer Solutions (13.44%).

Cognex Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other Asia	$122.35M	$153.43M	$154.00M	$123.92M	$105.67M
Americas	$330.42M	$390.57M	$435.22M	$310.03M	$277.15M
Europe	$220.66M	$234.64M	$247.74M	$208.79M	$227.74M
Greater China	$164.12M	$227.45M	$200.13M	$168.29M	$115.06M

Cognex's latest annual revenue breakdown by geography, as of Dec 23: Americas (39.45%), Europe (26.35%), Greater China (19.59%), and Other Asia (14.61%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Oct 23	Jul 23	Apr 23	Dec 22	Oct 22	Jul 22	Apr 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Asia, Excluding China	$49.90M	$42.57M	$45.26M	$30.77M	$31.00M	$27.67M	$28.39M	$42.62M	$44.55M	$40.13M	$41.07M	$35.91M	$27.11M	$32.25M	$32.00M	-	-	-	-	-
Americas	$82.29M	$85.16M	$83.14M	$87.52M	$80.16M	$82.30M	$80.44M	$106.52M	$65.85M	$91.55M	$126.66M	$105.21M	$113.76M	$108.42M	$107.84M	$94.33M	$86.48M	$68.97M	$60.25M	$68.25M
Europe	$57.25M	$57.15M	$52.35M	$52.14M	$51.83M	$56.86M	$59.84M	$61.08M	$48.93M	$61.84M	$62.79M	$65.58M	$65.15M	$59.97M	$57.05M	$64.03M	$60.19M	$35.99M	$48.58M	$44.99M
CHINA	$45.30M	$54.41M	$30.05M	$34.48M	$72.35M	$33.17M	$66.46M	$78.62M	$48.41M	$65.81M	$59.71M	$38.24M	$77.29M	$31.90M	$26.40M	-	-	-	-	-

Cognex's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (35.06%), Europe (24.39%), Asia, Excluding China (21.26%), and CHINA (19.30%).

Cognex Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FTV	Fortive	$6.07B	$1.53B
TDY	Teledyne	$5.64B	$1.35B
ST	Sensata Technologies	$4.05B	$982.83B
MKSI	MKS Instruments	$3.62B	$897.00M
VNT	Vontier	$3.10B	$750.00M
ITRI	Itron	$2.17B	$615.46M
ESE	ESCO	$956.03M	$260.78M
NOVT	Novanta	$881.66M	$244.41M
CGNX	Cognex	$837.55M	$234.74M
COHR	Coherent	$402.00M	$1.31B
VPG	Vishay Precision Group	$355.05M	$75.73M
MLAB	Mesa Laboratories	-	$58.17M

CGNX Revenue FAQ

What is Cognex’s yearly revenue?

Cognex's yearly revenue for 2023 was $837.55M, representing a decrease of -16.75% compared to 2022. The company's yearly revenue for 2022 was $1.01B, representing a decrease of -2.99% compared to 2021. CGNX's yearly revenue for 2021 was $1.04B, representing an increase of 27.88% compared to 2020.

What is Cognex’s quarterly revenue?

Cognex's quarterly revenue for Q3 2024 was $234.74M, a -1.90% decrease from the previous quarter (Q2 2024), and a 19.01% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $239.29M, a 13.52% increase from the previous quarter (Q1 2024), and a -1.33% decrease year-over-year (Q2 2023). CGNX's quarterly revenue for Q1 2024 was $210.8M, a 7.18% increase from the previous quarter (Q4 2023), and a 4.81% increase year-over-year (Q1 2023).

What is Cognex’s revenue growth rate?

Cognex's revenue growth rate for the last 3 years (2021-2023) was -19.24%, and for the last 5 years (2019-2023) was 15.42%.

What are Cognex’s revenue streams?

Cognex's revenue streams in c 23 are Application of Customer Specific Solutions, and Standard Product and Services. Application of Customer Specific Solutions generated $103.41M in revenue, accounting 12.35% of the company's total revenue, down -34.53% year-over-year. Standard Product and Services generated $734.14M in revenue, accounting 87.65% of the company's total revenue, down -13.44% year-over-year.

What is Cognex’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Cognex was Standard Product and Services. This segment made a revenue of $734.14M, representing 87.65% of the company's total revenue.