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Side-by-side financial comparison of COGNEX CORP (CGNX) and ROGERS CORP (ROG). Click either name above to swap in a different company.
COGNEX CORP is the larger business by last-quarter revenue ($252.3M vs $200.5M, roughly 1.3× ROGERS CORP). COGNEX CORP runs the higher net margin — 12.9% vs 2.2%, a 10.7% gap on every dollar of revenue. On growth, COGNEX CORP posted the faster year-over-year revenue change (9.9% vs 5.2%). COGNEX CORP produced more free cash flow last quarter ($72.3M vs $1.1M). Over the past eight quarters, COGNEX CORP's revenue compounded faster (9.4% CAGR vs -3.3%).
Cognex Corporation is an American manufacturer of machine vision systems, software and sensors. Cognex is headquartered in Natick, Massachusetts, USA with offices in more than 20 countries.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
CGNX vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $200.5M |
| Net Profit | $32.7M | $4.5M |
| Gross Margin | 65.7% | 32.2% |
| Operating Margin | 14.0% | — |
| Net Margin | 12.9% | 2.2% |
| Revenue YoY | 9.9% | 5.2% |
| Net Profit YoY | 15.2% | 421.4% |
| EPS (diluted) | $0.20 | $0.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $252.3M | $201.5M | ||
| Q3 25 | $276.9M | $216.0M | ||
| Q2 25 | $249.1M | $202.8M | ||
| Q1 25 | $216.0M | $190.5M | ||
| Q4 24 | $229.7M | $192.2M | ||
| Q3 24 | $234.7M | $210.3M | ||
| Q2 24 | $239.3M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $32.7M | $4.6M | ||
| Q3 25 | $17.7M | $8.6M | ||
| Q2 25 | $40.5M | $-73.6M | ||
| Q1 25 | $23.6M | $-1.4M | ||
| Q4 24 | $28.3M | $-500.0K | ||
| Q3 24 | $29.6M | $10.7M | ||
| Q2 24 | $36.2M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 65.7% | 31.5% | ||
| Q3 25 | 67.6% | 33.5% | ||
| Q2 25 | 67.4% | 31.6% | ||
| Q1 25 | 66.8% | 29.9% | ||
| Q4 24 | 68.7% | 32.1% | ||
| Q3 24 | 67.9% | 35.2% | ||
| Q2 24 | 69.6% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 3.5% | ||
| Q3 25 | 20.9% | 7.3% | ||
| Q2 25 | 17.4% | -33.3% | ||
| Q1 25 | 12.1% | -0.2% | ||
| Q4 24 | 13.4% | -6.6% | ||
| Q3 24 | 13.4% | 6.9% | ||
| Q2 24 | 16.1% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 12.9% | 2.3% | ||
| Q3 25 | 6.4% | 4.0% | ||
| Q2 25 | 16.3% | -36.3% | ||
| Q1 25 | 10.9% | -0.7% | ||
| Q4 24 | 12.3% | -0.3% | ||
| Q3 24 | 12.6% | 5.1% | ||
| Q2 24 | 15.1% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.20 | $0.20 | ||
| Q3 25 | $0.10 | $0.48 | ||
| Q2 25 | $0.24 | $-4.00 | ||
| Q1 25 | $0.14 | $-0.08 | ||
| Q4 24 | $0.17 | $-0.04 | ||
| Q3 24 | $0.17 | $0.58 | ||
| Q2 24 | $0.21 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $262.9M | $195.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $1.2B |
| Total Assets | $2.0B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $262.9M | $197.0M | ||
| Q3 25 | $245.9M | $167.8M | ||
| Q2 25 | $179.3M | $157.2M | ||
| Q1 25 | $143.7M | $175.6M | ||
| Q4 24 | $186.1M | $159.8M | ||
| Q3 24 | $197.1M | $146.4M | ||
| Q2 24 | $176.6M | $119.9M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.6B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $2.0B | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $2.0B | $1.5B | ||
| Q3 24 | $2.1B | $1.5B | ||
| Q2 24 | $2.0B | $1.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $74.9M | $5.8M |
| Free Cash FlowOCF − Capex | $72.3M | $1.1M |
| FCF MarginFCF / Revenue | 28.7% | 0.5% |
| Capex IntensityCapex / Revenue | 1.0% | 2.3% |
| Cash ConversionOCF / Net Profit | 2.29× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $236.8M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $74.9M | $46.9M | ||
| Q3 25 | $87.5M | $28.9M | ||
| Q2 25 | $42.6M | $13.7M | ||
| Q1 25 | $40.5M | $11.7M | ||
| Q4 24 | $51.4M | $33.7M | ||
| Q3 24 | $56.3M | $42.4M | ||
| Q2 24 | $27.8M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $72.3M | $42.2M | ||
| Q3 25 | $86.0M | $21.2M | ||
| Q2 25 | $40.4M | $5.6M | ||
| Q1 25 | $38.0M | $2.1M | ||
| Q4 24 | $49.3M | $18.3M | ||
| Q3 24 | $51.9M | $25.2M | ||
| Q2 24 | $23.3M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 28.7% | 20.9% | ||
| Q3 25 | 31.1% | 9.8% | ||
| Q2 25 | 16.2% | 2.8% | ||
| Q1 25 | 17.6% | 1.1% | ||
| Q4 24 | 21.5% | 9.5% | ||
| Q3 24 | 22.1% | 12.0% | ||
| Q2 24 | 9.7% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 1.0% | 2.3% | ||
| Q3 25 | 0.5% | 3.6% | ||
| Q2 25 | 0.9% | 4.0% | ||
| Q1 25 | 1.2% | 5.0% | ||
| Q4 24 | 0.9% | 8.0% | ||
| Q3 24 | 1.9% | 8.2% | ||
| Q2 24 | 1.9% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 2.29× | 10.20× | ||
| Q3 25 | 4.95× | 3.36× | ||
| Q2 25 | 1.05× | — | ||
| Q1 25 | 1.72× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.90× | 3.96× | ||
| Q2 24 | 0.77× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
