Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.35Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflected strong operational and financial outperformance in Q1 — high revenue growth (24% YoY), doubled EBITDA, >100% free cash flow conversion and major product/AI launches — while acknowledging manageable near-term headwinds (memory cost timing, tariffs, FX, portfolio exits) and limited visibility into the second half. Management presented confidence in cost-reduction targets, product-led growth and disciplined capital allocation, offsetting macro uncertainties.Company Guidance
Strong Top-Line Growth
Q1 revenue increased 24% year-over-year (21% on a constant currency basis), marking the seventh consecutive quarter of year-over-year growth. Company issued Q2 revenue guidance of $280M–$300M (midpoint ~16.5% YoY growth).
Material Margin and Profitability Expansion
Adjusted EBITDA was $72M, up 100% year-over-year. Adjusted EBITDA margin reached 26.9%, expanding 1,010 basis points YoY and exceeding guidance midpoint by ~600 bps. Adjusted gross margin expanded 420 basis points to 71.8%.
Significant EPS and Cash Flow Improvement
Adjusted diluted EPS increased 113% YoY to $0.34 in Q1. Trailing 12-month free cash flow was $241M (up nearly 50% YoY) with a free cash flow conversion rate of 119% (sixth consecutive quarter >100%).
Product and Technology Momentum (AI/Edge)
Launched two new embedded AI vision systems (In-Sight 6900 powered by NVIDIA and In-Sight 3900 powered by Qualcomm) and broadened OneVision availability, strengthening presence in an estimated $3.5B of a $7B served market and advancing edge-to-cloud AI vision leadership.
Broad-Based End-Market Strength
Q1 outperformance led by Logistics (ninth consecutive quarter of double-digit growth), Packaging (double-digit Q1 growth; outlook moved to high single digits), Electronics (double-digit Q1 growth; outlook high single to double digits), and Semiconductor (double-digit Q1 growth, very strong in Asia). Automotive grew mid-single digits on a constant currency basis.
Cost Reduction & Productivity Progress
On track to achieve $35M–$40M of annualized net cost reductions by end of 2026. Company incurred $4.8M of reorganization charges this quarter related to these actions, and excluding certain compensation effects, adjusted operating expenses declined year-over-year.
Capital Allocation and Shareholder Returns
Returned $113M to shareholders in the quarter, including $99M of opportunistic share repurchases (reduced average share count by ~2 million shares), consistent with disciplined capital allocation priorities.
Operational Efficiency Improvements
Cash conversion cycle improved by 57 days year-over-year and 128 days from the peak two years ago, indicating strong working capital management and optimized cash conversion.
CH:CGZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Cognex (CH:CGZ) report earnings?
Cognex (CH:CGZ) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Cognex (CH:CGZ) earnings time?
Cognex (CH:CGZ) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Cognex stock?
The P/E ratio of Cognex is N/A.
What is CH:CGZ EPS forecast?
CH:CGZ EPS forecast for the fiscal quarter 2026 (Q2) is 0.35.
