Cognex (CGNX) Revenue & Revenue Breakdown
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 | $1.04T |
| MKSI | MKS Instruments | $3.62B | $887.00M |
| VNT | Vontier | $3.10B | $750.00M |
| ITRI | Itron | $2.17B | $615.46M |
| ESE | ESCO | $956.03M | $260.78M |
| NOVT | Novanta | $881.66M | $235.86M |
| CGNX | Cognex | $837.55M | $234.74M |
| COHR | Coherent | $402.00M | $1.21T |
| VPG | Vishay Precision Group | $355.05M | $77.36M |
| 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.