OverviewSuggest Edit

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks in manufacturing processes. Its products include barcode readers, machine vision sensors and machine vision systems. The company primarily serves factories, warehouses, and distribution centers. 
TypePublic
Founded1981
HQNatick, US
Websitecognex.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)2,142(+21%)
Job Openings278
Revenue (FY, 2018)$806.3 M(+8%)
Share Price (Jun 2019)$45.6 (+3%)

Key People/Management at Cognex

Robert Shillman

Robert Shillman

Founder, Chairman
Robert Willett

Robert Willett

President, CEO
John Curran

John Curran

SVP of Finance and Administration, CFO
Sheila DiPalma

Sheila DiPalma

Corporate Officer, SVP of Corporate Employee Services
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Cognex Office Locations

Cognex has offices in Natick, Milwaukee, Seattle, Brentwood and in 40 other locations
Natick, US (HQ)
1 Vision Dr
Boulder, US
4990 Pearl E Cir #300
Brentwood, US
7104 Crossroads Blvd #121
Cambridge, US
25 First St
Carmel, US
13295 N Illinois St Suite 209/211
Chesterfield, US
17295 Chesterfield Airport Rd #200
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Cognex Financials and Metrics

Cognex Revenue

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Cognex's revenue was reported to be $806.34 m in FY, 2018 which is a 7.8% increase from the previous period.
USD

Revenue (Q1, 2019)

173.5m

Gross profit (Q1, 2019)

127.2m

Gross profit margin (Q1, 2019), %

73.3%

Net income (Q1, 2019)

33.1m

EBIT (Q1, 2019)

30.1m

Market capitalization (10-Jun-2019)

7.8b

Closing stock price (10-Jun-2019)

45.6

Cash (31-Mar-2019)

105.3m
Cognex's current market capitalization is $7.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

520.8m748.0m806.3m

Revenue growth, %

16%44%8%

Cost of goods sold

115.6m168.7m206.1m

Gross profit

405.2m579.3m600.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

134.9m172.9m259.7m169.6m211.3m232.2m173.5m

Cost of goods sold

28.2m37.5m62.4m40.2m54.2m58.9m46.3m

Gross profit

106.7m135.4m197.4m129.4m157.1m173.4m127.2m

Gross profit Margin, %

79%78%76%76%74%75%73%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

79.6m106.6m108.2m

Accounts Receivable

55.4m119.4m119.2m

Inventories

27.0m67.9m83.3m

Current Assets

526.3m630.1m780.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

92.4m68.3m111.3m109.6m129.2m107.4m105.3m

Accounts Receivable

58.2m78.6m122.0m96.6m136.1m135.4m106.4m

Inventories

32.6m36.5m48.1m96.4m89.6m94.0m79.2m

Current Assets

593.9m581.8m645.1m670.5m759.5m798.5m773.2m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

149.6m177.2m219.3m

Depreciation and Amortization

15.1m17.0m21.5m

Inventories

10.4m(37.1m)(16.9m)

Accounts Payable

2.1m12.3m(7.2m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

45.7m101.7m204.1m37.2m93.4m173.8m33.1m

Depreciation and Amortization

4.0m8.0m12.4m5.2m10.4m15.8m5.2m

Inventories

(5.4m)(7.7m)(18.5m)(27.3m)(23.2m)(27.7m)4.1m

Accounts Payable

7.2m11.8m19.1m5.3m(10.9m)(1.2m)4.2m
USDY, 2019

Financial Leverage

1.1 x
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Cognex Operating Metrics

Cognex's Backlog was reported to be $65.4m in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Backlog

$36.04 m$27.02 m$39.34 m$42.19 m$65.41 m

Distributors

522 488 468 389 386

Patents Issued

403 437 571 571 640

Patents Pending

330 358 415 443 490
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Cognex Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ViDi SystemsApril 05, 2017
Webscan, IncDecember 09, 2016
*CHIARO TECHNOLOGIESNovember 30, 2016
EnshapeOctober 27, 2016
AQSENSEAugust 30, 2016
AssistWare TechnologyMay 22, 2006
Cognex DistributionMay 10, 2005$115 m
Cognex Asia, Inc.
Cognex Canada, Inc.
Cognex Canada Technology, Inc.
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Cognex Revenue Breakdown

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Cognex revenue breakdown by business segment: 81.2% from Standard Products and Services and 18.8% from Application-Specific Customer Solutions

Cognex revenue breakdown by geographic segment: 38.2% from Europe, 28.7% from United States, 15.6% from China and 17.4% from Other

Cognex Online and Social Media Presence

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Cognex News and Updates

Mobile Barcode Scanner Market Growth Factors & Competitive Analysis by 2028 | Key Players: Cognex, Datalogic, Denso Wave, Honeywell, Ingenico, Riotec & Scandit: Radiant Insights, Inc.

SAN FRANCISCO, June 17, 2019 /PRNewswire/ -- The global Mobile Barcode Scanner Market is expected to display higher growth rate over the next ten years. Rapid surge in market is credited to the higher market penetration of smartphones and rising demand from retail sector. In addition,...

Global & Chinese Machine Vision Market Insights & Projections, 2019 to 2025 - Keyence, Cognex, Panasonic, Omron, and Daheng New Epoch Technology are Dominating

DUBLIN, May 13, 2019 /PRNewswire/ -- The "Global and China Machine Vision Industry Report, 2019-2025" report has been added to ResearchAndMarkets.com's offering. In the wake of Industry 4.0, machine vision, a branch of the steadily growing AI industry is prospering. The global machine...

3D Machine Vision Market 2018 Global Analysis By Key Players – Canon, Omron Corporation, Point Grey Research, Coherent, Cognex Corporation, Keyence

WiseGuyReports.Com Publish a New Market Research Report On –“ 3D Machine Vision Market 2018 Global Analysis By Key Players – Canon, Omron Corporation, Point Grey Research, Coherent, Cognex Corporation, Keyence”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Know about Global Medical Machine Vision Market 2023 In-Depth Research Report, Focusing on top key players - Allied Vision Technologies GmbH, Basler AG, Cognex Corporation, Keyence Corporation, National Instruments and others

This study report on global Medical Machine Vision market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. The report talks about the competitive environment prevailing in the Medical Machine Vision market …

Visual Sensor Systems Global Market 2018-2025: Keyence, Omron, Banner Engineering, Cognex, Panasonic

Wiseguyreports.Com Publish New Market Research Report On -“Visual Sensor Systems Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

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Cognex Frequently Asked Questions

  • When was Cognex founded?

    Cognex was founded in 1981.

  • Who are Cognex key executives?

    Cognex's key executives are Robert Shillman, Robert Willett and John Curran.

  • How many employees does Cognex have?

    Cognex has 2,142 employees.

  • What is Cognex revenue?

    Latest Cognex annual revenue is $806.3 m.

  • What is Cognex revenue per employee?

    Latest Cognex revenue per employee is $376.4 k.

  • Who are Cognex competitors?

    Competitors of Cognex include AGCO, Barcode Discount and Rockwell Automation.

  • Where is Cognex headquarters?

    Cognex headquarters is located at 1 Vision Dr, Natick.

  • Where are Cognex offices?

    Cognex has offices in Natick, Milwaukee, Seattle, Brentwood and in 40 other locations.

  • How many offices does Cognex have?

    Cognex has 44 offices.