Cognex Corporation (CGNX) Bernstein Insights: 4th Annual Industrials Forum Investor Conference December 10, 2025 11:30 AM EST

Company Participants

Dennis Fehr - Senior VP of Finance & CFO

Conference Call Participants

Charles Albert Dillard - Sanford C. Bernstein & Co., LLC., Research Division

Presentation

Charles Albert Dillard Sanford C. Bernstein & Co., LLC., Research Division

Okay. So good morning, everyone. My name is Chad Dillard. I am the lead analyst here at Bernstein, covering the machinery and the electrical equipment sector. And today, I’m really pleased to have Cognex on the stage. And joining me for Cognex is Dennis Fehr, who is the CFO of the company. And we’re going to have a fireside chat over these next 40 or 45 or so minutes. [Operator Instructions]. So before we jump into Q&A, I’d love for you, Dennis, just to take us through Cognex for some of the folks that may not be as familiar with the company, just give a really broad overview, and then we’ll jump into questions.

Dennis Fehr Senior VP of Finance & CFO

Thanks, Chad, and good morning, everyone, from my side. Thanks for your interest in Cognex. And yes, a few words to Cognex, a few words to myself. So who is Cognex? What do we do? We are a pure-play machine vision company. That means think about embedded – software embedded on device, high-speed cameras, machine vision systems; helping to identify, to inspect, to gauge in factory automation or factory environments and logistics and warehouse automation as well.

We’re about a 40 years old company, headquartered in just outside of Boston in the town of Natick, have a global footprint. We do about 40% of our business in the Americas, 20% in Europe and 40% in Asia. We have been and think about ourselves as the technology leader in the space, basically

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