COGNEX CORP

For the period ended Sep 29, 2024. Filed Oct 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 29, 2024 · Filed Oct 31, 2024

CGNX$50.80+0.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations for the and

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

	Three-months Ended		Nine-months Ended
	September 29, 2024	October 1, 2023	September 29, 2024	October 1, 2023
(unaudited) · (unaudited)
Revenue	$234,742	$197,241	$684,831	$640,877
Cost of revenue	75,343	54,467	216,896	174,680
Gross margin	159,399	142,774	467,935	466,197
Research, development, and engineering expenses	35,210	32,580	107,277	104,707
Selling, general, and administrative expenses	92,625	82,307	276,433	248,767
Loss (recovery) from fire (Note 17)	—	(2,750)	—	(5,250)
Operating income	31,564	30,637	84,225	117,973
Foreign currency gain (loss)	1,221	(8,699)	1,086	(9,910)
Investment income	3,561	4,891	9,797	12,573
Other income (expense)	209	173	581	358
Income before income tax expense	36,555	27,002	95,689	120,994
Income tax expense	6,964	8,086	17,864	18,989
Net income	$29,591	$18,916	$77,825	$102,005
Net income per weighted-average common and common-equivalent share:
Basic	$0.17	$0.11	$0.45	$0.59
Diluted	$0.17	$0.11	$0.45	$0.59
Weighted-average common and common-equivalent shares outstanding:
Basic	171,519	172,169	171,588	172,408
Diluted	172,753	173,354	172,733	173,659
Cash dividends per common share	$0.075	$0.070	$0.225	$0.210

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.