{
  "url": "https://struct.news/briefs/cognex-sold-less-kept-more-and-left-the-earnings-jump-partly-unexplained",
  "title": "Cognex sold less, kept more, and left the earnings jump partly unexplained",
  "summary": "Gross margin reached 71.1% even as revenue fell 3.1% in the three months ended April 5.",
  "published_at": "2026-08-06T10:36:27.503056+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Cognex Corporation",
    "ticker": "CGNX",
    "cik": "851205",
    "sector": "Technology",
    "industry": "Scientific & Technical Instruments"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-05-07",
    "accession": "0000851205-26-000040",
    "url": "https://www.sec.gov/Archives/edgar/data/851205/000085120526000040/cgnx-20260405.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-10-30",
    "url": "https://www.sec.gov/Archives/edgar/data/851205/000085120525000064/cgnx-20250928.htm"
  },
  "reported_figures": [
    {
      "group": "Cognex valuation at a glance",
      "label": "P/E",
      "value": 104.64637606822669,
      "display": "104.6x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000851205-26-000040",
        "filing_date": "2026-05-07"
      }
    },
    {
      "group": "Cognex valuation at a glance",
      "label": "Earnings yield",
      "value": 0.955599264467626,
      "display": "+1.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000851205-26-000040",
        "filing_date": "2026-05-07"
      }
    },
    {
      "group": "Cognex valuation at a glance",
      "label": "EV / sales",
      "value": 11.7794635237374,
      "display": "11.8x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000851205-26-000040",
        "filing_date": "2026-05-07"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Cognex reported broad demand in consumer electronics, semiconductors, packaging, and logistics, while automotive remained soft in Europe.",
      "importance": "medium",
      "evidence": "The increase was due to broad-based demand across our major end markets, including revenue growth across our consumer electronics customer base, higher revenue from semiconductor and packaging customers, and continued growth with large logistics customers.",
      "source_date": "2026-05-07"
    }
  ],
  "related_tickers": [
    "CGNX"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}