Cognex reported Q2 CY2025 revenue of $249.1 million, exceeding analyst estimates by 4.1%, and non-GAAP profit of $0.25 per share, beating consensus estimates by 5.8%. The company's adjusted EBITDA reached $51.68 million, a 20.7% margin, and revenue guidance for Q3 CY2025 is $255 million, above analyst estimates. Cognex develops machine vision systems and software for quality inspection and tracking in manufacturing and logistics.
Machine vision technology company Cognex (NASDAQ: CGNX) reported its Q2 2025 financial results, showing strong performance across the board. The company's revenue grew 4.1% year-over-year (YoY) to $249.1 million, surpassing analyst estimates by 1.3%. Non-GAAP profit per share reached $0.25, beating consensus estimates by 5.8% [2].
Adjusted EBITDA margin expanded to 20.7%, reflecting improved operational efficiency. Operating expenses declined by 3%, contributing to margin improvements. Cognex expects Q3 2025 revenue to range between $245 million and $265 million, above analyst estimates of $249.7 million [1].
The company's strategic initiatives, including the launch of the OneVision cloud platform for AI-powered machine vision, are driving revenue growth. Cognex's focus on logistics and factory automation, particularly in consumer electronics and packaging, has also contributed to strong performance [1].
Cognex's stock traded up 9.6% to $37 immediately after reporting, reflecting investor confidence in the company's outlook. The stock is currently valued at 34 times the next 12-month earnings, compared to a P/E of 32 three months ago [2].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX3AA308:0-cognex-q2-revenue-beats-estimates-adjusted-eps-rises-12/
[2] https://stockstory.org/us/stocks/nasdaq/cgnx/news/earnings/cognex-nasdaqcgnx-exceeds-q2-expectations-stock-soars
[3] https://seekingalpha.com/news/4474868-cognex-non-gaap-eps-of-0_25-beats-by-0_01-revenue-of-249m-beats-by-2_89m
[4] https://www.stocktitan.net/news/CGNX/cognex-reports-second-quarter-2025-3kn54fyfsum4.html
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