COGNEX CORP
For the period ended Mar 30, 2025. Filed May 1, 2025.
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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.
Mar 30, 2025 · Filed May 1, 2025
CGNX$50.80+0.9%Stored close · as of Nov 10, 2026
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Consolidated Balance Sheets as of and
CONSOLIDATED BALANCE SHEETS
| March 30, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $143,744 | $186,094 |
| Current investments, allowance for credit losses of $0 in 2025 and 2024 | 56,703 | 59,956 |
| Accounts receivable, allowance for credit losses of $598 and $827 in 2025 and 2024, respectively | 161,185 | 143,359 |
| Unbilled revenue | 2,755 | 3,055 |
| Inventories | 152,113 | 157,527 |
| Prepaid expenses and other current assets | 61,179 | 63,376 |
| Total current assets | 577,679 | 613,367 |
| Non-current investments, respectively, allowance for credit losses of $0 in 2025 and 2024 | 312,310 | 340,898 |
| Property, plant, and equipment, net | 95,979 | 98,445 |
| Operating lease assets | 70,212 | 67,326 |
| Goodwill | 389,929 | 384,937 |
| Intangible assets, net | 91,134 | 90,684 |
| Deferred income taxes | 390,170 | 392,166 |
| Other assets | 5,090 | 5,027 |
| Total assets | $1,932,503 | $1,992,850 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $43,303 | $38,046 |
| Accrued expenses | 67,849 | 71,760 |
| Accrued income taxes | 22,677 | 25,685 |
| Deferred revenue and customer deposits | 39,858 | 25,035 |
| Operating lease liabilities | 10,277 | 8,854 |
| Total current liabilities | 183,964 | 169,380 |
| Non-current operating lease liabilities | 63,425 | 61,363 |
| Deferred income taxes | 212,205 | 217,155 |
| Reserve for income taxes | 27,194 | 26,365 |
| Other liabilities | 87 | 1,082 |
| Total liabilities | 486,875 | 475,345 |
| Commitments and contingencies (Note 9) | ||
| Shareholders’ equity: | ||
| Preferred stock, $.01 par value – Authorized: 400 shares in 2025 and 2024, respectively; no shares issued and outstanding | — | — |
| Common stock, $.002 par value – Authorized: 300,000 shares in 2025 and 2024, respectively; issued and outstanding: 167,865 and 170,434 shares in 2025 and 2024, respectively | 336 | 341 |
| Additional paid-in capital | 1,097,989 | 1,090,638 |
| Retained earnings | 405,949 | 499,303 |
| Accumulated other comprehensive loss, net of tax | (58,646) | (72,777) |
| Total shareholders’ equity | 1,445,628 | 1,517,505 |
| Total liabilities and shareholders' equity | $1,932,503 | $1,992,850 |
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