Below are the financial statements of Cognex, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 914.52a | 837.55a | 1,006.09a |
| Cost of revenue | -288.72a | -236.31a | -284.19a |
| Gross profit | 625.79a | 601.24a | 721.91a |
| Research, development, and engineering expenses | -139.82a | -139.4a | -141.13a |
| Selling, general, and administrative expenses | -370.91a | -339.14a | -312.11a |
| Loss (recovery) from fire | 0a | -8a | 20.78a |
| Restructuring charges | 0a | 0a | -1.66a |
| Operating income | 115.07a | 130.7a | 246.23a |
| Foreign currency gain (loss) | 1.53a | -10.04a | -1.84a |
| Investment income | 13.97a | 14.09a | 6.72a |
| Other income (expense) | 0.92a | 0.59a | -0.41a |
| Income before income tax expense | 131.49a | 135.35a | 250.7a |
| Income tax expense | -25.32a | -22.11a | -35.17a |
| Net income | 106.17a | 113.23a | 215.53a |
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