Quarterly ResultAug 6, 2026, 06:38 AM
Cognex Q2 Revenue $291.3M, Net Income $72.8M; New $500M Buyback
AI Summary
Cognex reported strong financial results for the second quarter and first half of 2026. Q2 revenue increased by 16.9% to $291.3 million, with net income surging by 79.6% to $72.8 million. The company also announced a new $500 million share repurchase program and completed the divestiture of its Japan-focused trading business, generating $11.5 million in net proceeds.
Key Highlights
- Cognex's Board authorized a new $500 million share repurchase program.
- Q2 2026 revenue increased 16.9% to $291.3 million from $249.1 million in Q2 2025.
- Q2 2026 net income rose 79.6% to $72.8 million from $40.5 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.43, up from $0.24 in Q2 2025.
- Six-month revenue increased 20.3% to $559.7 million from $465.1 million.
- Six-month net income grew 94.1% to $124.5 million from $64.1 million.
- Completed divestiture of Japan-focused trading business for $11.5 million net proceeds.
- Repurchased $105.2 million of common stock in the six months ended July 5, 2026.
Price Impact
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