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How COGNEX CORP makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$994M · 100%Cost of revenue$329M · 33%Gross profit$665M · 67%Operating income$163M · 16%Income before tax$183M · 18%Income tax$68.4M · 7%Net income$114M · 12%As of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$994M100%
Cost of revenue$329M33%
$665M67%
$163M16%
Income before tax$183M18%
Income tax$68.4M7%
$114M12%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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