Company / R&D Expense
Cognex R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$139.0M
FY2025
5-year range
$135.4M / $141.1M
FY2021-FY2025
Trend
-0.6%
vs FY2024
Sector context
#156 of 262
Information Technology
What the data says
At $139M, Cognex's r&d expense ranks #156 of 262 in the Information Technology sector. R&D Expense has fluctuated over the past 10 years, ranging from $78M in FY2018 to $141M in FY2022.
Based on SEC 10-K filings.
$139M in FY2025 with a 5-year CAGR of +1.2%.
Remained stable around $139M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -0.5%
- 5-Year CAGR
- +1.2%
- 10-Year CAGR
- -
Sector benchmark
#156 of 262 in Information TechnologyTop 60% of 262This company $139.0M Sector average $927.8M
▼
-85.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +1.2%, indicating consistent growth.
- In FY2025, r&d expense decreased 0.6% year-over-year.
- Ranks #156 out of 262 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2022.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $139.0M | -0.6% |
| FY2024 | $139.8M | +0.3% |
| FY2023 | $139.4M | -1.2% |
| FY2022 | $141.1M | +4.3% |
| FY2021 | $135.4M | +3.4% |
| FY2020 | $131.0M | +9.7% |
| FY2019 | $119.4M | +52.6% |
| FY2018 | $78.3M | -21.1% |
| FY2017 | $99.2M | +26.7% |
| FY2016 | $78.3M | +12.1% |
As of FY2025 · SEC 10-K · Updated Jul 4, 2026