Neogen (NEOG - Free Report) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +125.00%. A quarter ago, it was expected that this maker of medical testing kits would post earnings of $0.07 per share when it actually produced earnings of $0.1, delivering a surprise of +42.86%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Neogen, which belongs to the Zacks Medical - Products industry, posted revenues of $211.2 million for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 3.30%. This compares to year-ago revenues of $220.98 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Neogen shares have added about 47.9% since the beginning of the year versus the S&P 500's decline of 0.9%.
What's Next for Neogen?While Neogen has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Neogen was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.07 on $211.7 million in revenues for the coming quarter and $0.28 on $850.08 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Products is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Envista (NVST - Free Report) , has yet to report results for the quarter ended March 2026.
This maker of dental products is expected to post quarterly earnings of $0.31 per share in its upcoming report, which represents a year-over-year change of +29.2%. The consensus EPS estimate for the quarter has been revised 0.5% lower over the last 30 days to the current level.
Envista's revenues are expected to be $673.52 million, up 9.2% from the year-ago quarter.
For the quarter ended February 2026, Neogen (NEOG - Free Report) reported revenue of $211.2 million, down 4.4% over the same period last year. EPS came in at $0.09, compared to $0.10 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $204.46 million, representing a surprise of +3.3%. The company delivered an EPS surprise of +125%, with the consensus EPS estimate being $0.04.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Neogen performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Animal Safety: $54.5 million versus the three-analyst average estimate of $56.02 million. The reported number represents a year-over-year change of -20.2%.Revenues- Food Safety: $156.7 million compared to the $148.11 million average estimate based on three analysts. The reported number represents a change of +2.6% year over year.Revenues- Food Safety- Indicator Testing, Culture Media & Other: $83 million versus the two-analyst average estimate of $81.18 million. The reported number represents a year-over-year change of +6.8%.Revenues- Animal Safety- Life Sciences: $1.5 million versus the two-analyst average estimate of $1.55 million. The reported number represents a year-over-year change of -0.3%.Revenues- Animal Safety- Veterinary Instruments & Disposables: $15.5 million versus $15.38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.Revenues- Animal Safety- Animal Care & Other: $5.9 million versus the two-analyst average estimate of $9.61 million. The reported number represents a year-over-year change of -43.8%.Revenues- Food Safety- Natural Toxins & Allergens: $17.9 million versus the two-analyst average estimate of $17.65 million. The reported number represents a year-over-year change of +1.7%.Revenues- Animal Safety- Genomics Services: $16.6 million versus the two-analyst average estimate of $3.34 million. The reported number represents a year-over-year change of -2.4%.Revenues- Food Safety- Genomics Services: $6.2 million compared to the $11.34 million average estimate based on two analysts. The reported number represents a change of +8.9% year over year.Revenues- Food Safety- Biosecurity Products: $3.9 million versus the two-analyst average estimate of $4.29 million. The reported number represents a year-over-year change of -67%.Revenues- Food Safety- Bacterial & General Sanitation: $42.1 million versus $40.39 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.6% change.Revenues- Animal Safety- Biosecurity Products: $15 million compared to the $18.96 million average estimate based on two analysts. The reported number represents a change of -37.1% year over year.View all Key Company Metrics for Neogen here>>>
Shares of Neogen have returned +4.9% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Thursday.
The Dow traded up 0.77% to 48,278.43 while the NASDAQ rose 0.83% to 22,822.04. The S&P 500 also rose, gaining, 0.69% to 6,829.76.
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Utilities shares climbed by 1.7% on Thursday.
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Top Headline
Neogen Corp (NASDAQ:NEOG) shares fell around 3% on Thursday after the company reported results for the third quarter.
The company reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 6 cents per share. The company reported quarterly sales of $211.200 million which beat the analyst consensus estimate of $204.492 million.
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Key Takeaways NEOG reported Q3 adjusted EPS of 9 cents and revenues of $211.2M, both topping estimates.NEOG's core revenues were up slightly, but divestitures and Animal Safety weakness dragged down sales.Neogen sees gross margin contraction and operating loss despite higher revenue guidance. Neogen Corporation (NEOG - Free Report) reported third-quarter fiscal 2026 adjusted earnings per share (EPS) of 9 cents, down 10% year over year. However, the metric topped the Zacks Consensus Estimate by 125%.
Neogen’s Q3 RevenuesRevenues in the quarter decreased 4.4% on a year-over-year basis to $211.2 million. Meanwhile, core revenues increased 0.1%. Divestitures and discontinued product lines had a negative impact of 7.5%, while foreign currency had a positive impact of 3%. The metric topped the Zacks Consensus Estimate by 3.3%.
Following the announcement yesterday, NEOG stock fell 2.95% to close the session at $10.04.
Neogen’s Segments in DetailThe company's Food Safety segment registered revenues of $156.7 million in the fiscal third quarter, up 2.6% year over year. This consisted of 4% core revenue growth, a negative 5.4% impact of divestitures and discontinued product lines and a positive foreign currency impact of 4%. Our model projected Food Safety revenues to be $146.6 million for the fiscal third quarter.
Revenues from the Animal Safety segment totaled $54.5 million, down 20.1% year over year. This consisted of an 8.7% core revenue decrease, a favorable 0.5% foreign currency impact and a negative 11.9% impact of divestitures and discontinued product lines. Our model’s projection for the business was $57.1 million.
Neogen’s Margin DetailsIn the third quarter of fiscal 2026, gross profit declined 10.2% year over year to $99 million. The cost of revenues edged up 1.4% to $112.2 million. The gross margin contracted 303 basis points (bps) year over year to 46.9%.
Sales and marketing expenses amounted to $38.2 million, down 14.4% year over year, whereas administrative expenses increased 8.1% from the prior-year quarter’s level to $60 million. R&D expenses totaled $3.8 million, down 15.6% year over year. The quarter recorded an operating loss of $3.3 million compared to an operating profit of $5.4 million in the year-ago period.
Neogen’s Q3 Cash PositionNeogen’s cash and cash equivalents at the end of the fiscal third quarter totaled $137.1 million compared with $145.3 million at the end of the second quarter.
Cumulative net cash provided by operating activities came in at $53 million compared with $41.8 million a year ago.
Neogen’s Fiscal 2026 OutlookThe company raised its fiscal 2026 revenue projection, now expecting between $857 million and $860 million (previously $845 million-$855 million). The Zacks Consensus Estimate for the same currently stands at $850.1 million.
Adjusted EBITDA is expected to be roughly $175 million (same as earlier).
Our Take on NEOGNeogen ended the fiscal third quarter with better-than-expected earnings and revenues. However, both metrics were down on a year-over-year basis. The Animal Safety business experienced several third-party, supply-based setbacks, resulting in lower-than-anticipated growth. The contraction of gross margin in the quarter is also discouraging.
On a promising note, the Food Safety segment delivered another quarter of core revenue growth and was consistent with current market dynamics. Neogen made significant progress on its strategic initiatives, such as commercial prowess, high-impact innovation and operational efficiency, to stabilize and strengthen its core business. The raised revenue guidance for the year appears promising.
The company recently announced that it has entered into a definitive agreement to sell its global Genomics business to Zoetis Inc. for a purchase price of $160.0 million, subject to customary closing adjustments. The deal is expected to close by the end of the second quarter of fiscal year 2027.
NEOG’s Zacks Rank and Key PicksNeogen currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the broader medical space are Globus Medical (GMED - Free Report) , Phibro Animal Health (PAHC - Free Report) and IDEXX Laboratories (IDXX - Free Report) .
Globus Medical, currently sporting a Zacks Rank #1 (Strong Buy), reported fourth-quarter 2025 adjusted EPS of $1.28, topping the Zacks Consensus Estimate by 20.76%. Revenues of $826.4 million beat the Zacks Consensus Estimate by 4.9%. You can see the complete list of today’s Zacks #1 Rank stocks here.
GMED’s earnings yield of 4.8% favorably compares with the industry’s negative 1.6% yield. The company surpassed earnings estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 18.8%.
Phibro Animal Health, carrying a Zacks Rank #2 (Buy) at present, posted second-quarter fiscal 2026 adjusted EPS of 87 cents, exceeding the Zacks Consensus Estimate by 27.01%. Revenues of $373.9 million surpassed the Zacks Consensus Estimate by 4.72%.
PAHC has an estimated long-term earnings growth rate of 21.5% compared with the industry’s 12% growth. The company’s earnings outpaced estimates in each of the trailing four quarters, with the average surprise being 20.15%.
IDEXX Laboratories, carrying a Zacks Rank #2, reported a fourth-quarter 2025 EPS of $3.08, which surpassed the Zacks Consensus Estimate by 18%. Revenues of $1.09 billion topped the Zacks Consensus Estimate by 1.86%.
IDXX has an earnings yield of 2.5% compared with the industry’s negative 1.6% yield. The company’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 6.11%.
LANSING, Mich.--(BUSINESS WIRE)--Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, today announced that its Molecular Detection Assay - Listeria Right Now™ rapid environmental monitoring test has received AOAC® Performance Tested Methods℠ (PTM) certification (No. 042604), validating the test’s performance for the enrichment-free detection of viable and non-viable Listeria species on stainless steel surfaces. The technology allows technicians to perform the assay without first enriching the sample by growing the bacteria in culture media. Combined with the ease-of-use and speed advantages associated with Neogen’s Molecular Detection System ™, this makes Neogen’s test one of the fastest molecular tests available for Listeria species testing.
The AOAC PTM program is an internationally recognized third-party validation that confirms a method performs as claimed and meets rigorous performance standards. Certification of Listeria Right Now demonstrates Neogen’s commitment to delivering scientifically validated, regulator-recognized solutions that support food safety programs worldwide.
Listeria Right Now is designed to deliver clear, actionable results from samples, without an enrichment step, in about two hours. This allows food manufacturers to quickly identify potential contamination risks and strengthen environmental monitoring workflows. The test integrates seamlessly into existing food safety programs and supports proactive decision-making across a wide range of food production environments.
“Rapid and reliable detection of Listeria is critical for effective environmental monitoring programs,” said Dr. Jeremy Yarwood, Chief Scientific Officer at Neogen. “AOAC PTM certification of Listeria Right Now provides customers with added confidence that the test delivers dependable performance when and where it matters most, helping them take timely action to protect their facilities, brands, and reputation.”
Neogen offers one of the industry’s most comprehensive portfolios of environmental monitoring and pathogen detection solutions, backed by global validation, regulatory acceptance, and decades of scientific expertise. The addition of AOAC PTM certification for Listeria Right Now further strengthens Neogen’s position as a trusted partner to food producers around the world. To learn more about the Neogen® Molecular Detection Assay - Listeria Right Now™ visit info.neogen.com/listeriarightnow.
About Neogen
Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers.
Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the test’s ability to allow food manufacturers to quickly identify potential contamination risks and strengthen environmental monitoring workflows, the test’s ability to seamlessly integrate into existing food safety programs and support proactive decision-making across a wide range of food production environments, the future positioning of Neogen’s test one of the fastest molecular tests available for Listeria testing, and the addition of AOAC PTM certification for Listeria Right Now strengthening Neogen’s position as a trusted partner to food producers around the world.
These “forward-looking statements” are management’s present expectations of future events as of the date hereof and are subject to a number of known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially and adversely from those anticipated.
These risks include, but are not limited to risks relating to the integration of the 3M Food Safety business, risks related to potential tax benefits realized through the 3M transaction, risks related to tariffs and other trade measures, risks related to our international operations and expansion into new geographic markets, risks related to identified material weaknesses in our internal control over financial reporting, risks related to promoting internal growth and identifying and integrating acquisitions, risks related to failure of our systems infrastructure and security breaches of our information systems, risks related to disruption in our manufacturing and service operations, risks related to disruption of third-party package delivery services or pricing increases, risks related to dependence on key suppliers, risks related to the use of distributors for product sales, risks related to the development of new products and technologies, risks related to our ability to maintain a positive reputation, risks related to customer loss, risks related to increased raw material costs, risks related to anti-bribery, trade control, trade sanctions, and anti-corruption laws, risks related to changes in domestic and foreign laws and regulations, risks related to tax audits and changes in tax laws in different jurisdictions, risks related to deterioration in profitability, cash flow, and asset impairments, risks related to competition, risks related to agricultural marketplace, risks related to our substantial indebtedness, risks related to the outcomes of litigation and other legal proceedings, risks related to our ability to obtain and protect intellectual property, risks related to patent infringement challenges, risks related to governmental regulation, risks related to our ability to attract and retain key personnel, risks related to product or service liability claims, risks related to changing political conditions, risks related to climate change, risks related to our inability to meet stakeholder expectations around environmental, social, and governance objectives, risks related to tax legislation, and other factors discussed under the heading “Risk Factors” contained in Item 1A of the company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) on July 30, 2025, as well as any updates to those risk factors filed from time to time in the company’s Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Neogen is not under any obligation, and it expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.
Match Group (NASDAQ:MTCH | MTCH Price Prediction) stock got a double dose of positive analyst attention on May 6. The company saw TD Cowen raise its MTCH stock price target to $46 from $44 while keeping a Buy rating, citing “several positive user signals” at Tinder during the quarter. UBS analyst Stephen Ju lifted his target to $38 from $34, keeping a Neutral rating following better-than-expected Q1 2026 results and Q2 guidance.
The split between TD Cowen’s bullish $46 Buy and UBS’s cautious $38 Neutral captures the central debate around Match Group stock: is the long-awaited Tinder turnaround real, or stabilization that may not translate into renewed growth? For prudent investors, the answer matters because Tinder remains the company’s largest revenue contributor. For broader context on dating app sector dynamics, see our recent Match Group coverage.
Ticker Company Firm Action Old Rating New Rating Old Target New Target MTCH Match Group TD Cowen Price target raised Buy Buy $44 $46 MTCH Match Group UBS Price target raised Neutral Neutral $34 $38 The Analyst’s Case TD Cowen’s Match Group stock price target raised to $46 reflects optimism that Tinder’s product overhaul is showing up in user behavior. The firm flagged “several positive user signals” from the quarter as evidence the multi-year turnaround now has supporting data.
UBS framed its view as “constructive but still cautious.” Stephen Ju cited Match Group’s slower MAU declines, improving retention, and modest payer trend improvement, while flagging ongoing investment spending and mixed regional pressure. The Neutral rating suggests that UBS wants more proof before underwriting re-acceleration.
Company Snapshot Match Group operates Tinder, Hinge, Match, Plenty of Fish, OkCupid, Meetic, and several smaller brands. Tinder Q1 2026 direct revenue came in at $455 million, with payers down 5% to 8.6 million, a meaningful improvement from the 8% decline in Q4 2025.
Hinge remains the bright spot, with Q1 direct revenue of $194 million (+28%) and payers up 15% to 2.0 million. CEO Spencer Rascoff reiterated Hinge’s “Path to $1 billion business by 2027.”
Why the Move Matters Now MTCH stock trades at around $38.50, near the top of its 52-week range of $26.18 to $38.94. The shares are up 19% year to date and 20% over the past month, helped by Tinder’s March MAU decline of 7%, the slowest rate in 31 months.
At a forward P/E ratio of 10x and trailing P/E ratio of 16x, Match Group stock isn’t priced for heroic re-acceleration. The company also raised its quarterly dividend by 5% to $0.20, with $959 million remaining on its buyback authorization.
What It Means for Your Portfolio The bull case rests on a simple sequence: stabilization first, re-acceleration later. Match Group has poured product investment and AI-driven recommendation work into Tinder, and Q1 metrics suggest the worst of the user erosion may be behind it.
The bear case is equally defensible. Hinge’s outperformance has masked Tinder weakness for years, and if Hinge growth eventually decelerates while Tinder only stabilizes, the consolidated growth profile stays muted. Tinder’s March monthly active user (MAU) decline of FY2026 revenue guidance of $3.41 billion to $3.54 billion (roughly flat at the midpoint) underscores that risk.
For prudent Match Group investors, the gap between TD Cowen’s $46 Buy and UBS’s $38 Neutral is the story. Stabilization appears real, yet conviction on durable growth requires more quarters of data. Modest position sizing while the turnaround thesis matures looks reasonable.
Match Group Inc (NASDAQ:MTCH) shares edged higher on Wednesday after the online dating company reported first quarter results that modestly exceeded Wall Street expectations, supported by growth in Hinge and early signs of stabilization at Tinder.
The company posted adjusted earnings of $0.95 per share for Q1 2026, ahead of analyst estimates of $0.92.
Revenue came in at $864 million, topping expectations of $855 million and marking a 4% increase year over year, though it was flat on a foreign exchange-neutral basis.
Net income rose 42% from a year earlier to $167 million, while adjusted EBITDA increased 25% to $343 million, representing a margin of 40%. Operating cash flow totaled $194 million, with free cash flow of $174 million.
Growth was driven in part by a 10% increase in revenue per payer to $20.90, offset by a 5% decline in total payers to 13.5 million.
Within its portfolio, Hinge continued to deliver strong revenue growth, supported by product innovation and the rollout of features such as Face Check, which the company said reduced interactions with bad actors by 20% to 30%.
At Tinder, management pointed to improving engagement trends, with new user registrations returning to year-over-year growth in March for the first time in nearly two years. Monthly active user declines also moderated during the period.
Match Group also highlighted ongoing cost discipline and capital allocation efforts. During the quarter, the company repurchased $60 million worth of shares and paid $44 million in dividends, while deploying additional cash to offset dilution from employee equity awards. Diluted shares outstanding declined 5% from a year earlier.
Looking ahead, Match Group expects second-quarter revenue in the range of $850 million to $860 million, representing a decline of 2% to flat year over year. Adjusted EBITDA is projected between $325 million and $330 million, implying continued margin expansion.
Jefferies analysts reiterated their ‘ Hold’ rating on Match and raised its price target to $35 from $30, citing early signs of a product-driven recovery at Tinder.
The firm highlighted improving trends in key metrics, including Tinder payers declining 5% year over year in Q1 versus an 8% drop in Q4, moderating monthly active user declines, and a return to year-over-year growth in registrations in March.
However, Jefferies cautioned that it does not expect further improvement in payer declines in the near term and pointed to ongoing structural concerns in the online dating category, particularly around Gen Z engagement.
“Given multiple false starts in the past, we're hesitant to say there's a turnaround underway,” they wrote.
Shares of Match Group were up about 1.6% to about $38 in afternoon trading following the report.
, /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Steven Bailey, Chief Financial Officer of Match Group, will participate in a fireside chat at the J.P. Morgan Global Technology, Media, and Communications Conference on Tuesday, May 19 at 3:35 p.m. Eastern Time (ET). A live webcast and replay of the fireside chat will be available at https://ir.mtch.com/news-and-events/events.
About Match Group
Match Group (PRNewsfoto/Match Group) Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, BLK®, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.
Match topped revenue estimates as Tinder user declines moderated and Hinge delivered 28% direct revenue growth. Summary
Tinder’s reset is gaining traction, but second-quarter revenue may still decline.
Match Group MTCH gave investors a first-quarter report that looked stronger than Wall Street expected, as revenue rose 4% from a year earlier to $864 million, ahead of the $855 million estimate. The result suggests the company's turnaround strategy may be starting to show signs of traction, particularly as Tinder's user declines moderated and newer product features appeared to resonate with younger daters. Match cited growing momentum from Tinder's ongoing product enhancements, while shares rose less than 1% in extended trading after the report. The stock has gained 18% this year, compared with a 5% increase in the S&P 500, giving investors another reason to watch whether the company's product reset can possibly translate into more durable user and revenue growth.
The sharper focus is still on Tinder, where monthly active users fell 7% in March, improving from a 10% decline a year earlier and marking the slowest drop in two and a half years. New user registrations grew for the first time since 2024, though only by 1%, while the company also said retention among Gen Z women in the US increased. Tinder generated first-quarter revenue of $454.7, up 2% year-over-year, and Wall Street estimates the app will produce roughly $1.8 billion in revenue this fiscal year. The company pointed to newer features such as Astrology Mode, which lets users add birth details to their profile and view deeper compatibility insights with potential matches, along with face verification designed to reduce interactions with bad actors. CEO Spencer Rascoff said the results are being driven by a combination of resonating features and marketing working alongside them, adding that Tinder is trying to shift how people have viewed the brand for a decade toward what he described as a fun way to safely meet new people.
Still, the second-quarter outlook leaves investors with a more measured setup. Match expects total second-quarter revenue of $850 million to $860 million, which would mark a decline of as much as 2% from a year earlier, compared with Wall Street's roughly $857 million estimate. Adjusted earnings before interest, taxes, depreciation and amortization are expected to come in between $325 million and $330 million for the quarter. Rascoff took the top job early last year after three activist investors amassed stakes and pushed for change, and he has since led an internal reorganization and management shake-up aimed at accelerating product development. Beyond Tinder, Match also owns Hinge, OkCupid and Match.com, with Hinge delivering 28% year-over-year direct revenue growth, largely driven by international expansion and new AI-powered features. Hinge also rolled out face verification, and the company said the app remains on track to become a $1 billion business by 2027.
On May 12, 2026, Match Group Inc MTCH shares fell 3.2% to a current price of $35.77. This decline comes amid a 52-week range of $26.80 to $39.20, highlighting recent volatility in share performance.
GF Value™ verdict: Current price is $35.77, which is 5.6% below GF Value™ of $37.89.GF Score™ is 84/100, indicating a strong overall assessment.Notable signal: Insider activity shows that insiders sold $2.0M in shares over the last three months, with no buying activity. Is MTCH Overvalued or Undervalued? The current price of Match Group Inc MTCH at $35.77 is below the GF Value™ of $37.89, suggesting that the stock is undervalued by approximately 5.6%. This provides a potential margin of safety for investors considering entry points, as the GF Valuation label indicates that the stock is fairly valued overall. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
While the undervaluation presents an opportunity, it is essential to note the risks associated with the stock. The financial strength rating of 4/10 indicates that the company may face challenges in maintaining its operational robustness. Therefore, while there is a potential upside based on the current price relative to GF Value™, investors should be cautious of the underlying financial health of the company.
How Does MTCH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 13.7x 19.4x Forward P/E 13.5x N/A Match Group's current P/E (TTM) of 13.7x is significantly below its 5-year median P/E of 19.4x, indicating that the stock is trading at a lower valuation compared to its historical averages. The forward P/E of 13.5x further corroborates this trend. This analysis aligns with the GF Value™ verdict, supporting the notion that MTCH is undervalued relative to its historical performance.
What Does MTCH's GF Score™ Tell Us? Metric Rating GF Score™ 84/100 Financial Strength 4/10 Profitability 8/10 Growth 6/10 Valuation 9/10 Momentum 8/10 The GF Score™ of 84/100 indicates a strong overall stock quality, with particularly high ratings in Valuation (9/10) and Profitability (8/10). However, the Financial Strength score of 4/10 highlights a notable weakness, suggesting that while the company has strong profit metrics and attractive valuation, its financial stability may be a concern for potential investors. The growth score of 6/10 indicates moderate expectations for future growth, which adds a layer of complexity to the investment thesis.
What Are Insiders Doing with MTCH Stock? In the last three months, insiders have sold $2.0M worth of shares with no reported buying activity. This pattern may suggest a lack of confidence among insiders regarding the future performance of the stock, as typically, insider buying is viewed as a positive signal. The absence of buying could imply that insiders do not see immediate value at current price levels.
What This Means for Investors Based on the GF Value™ assessment, Match Group Inc MTCH appears to be undervalued at its current price of $35.77. However, potential investors should weigh this valuation against the company's financial strength concerns and insider selling activity, which may signal caution.
For the complete analysis, visit the Match Group Inc MTCH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is MTCH's GF Score™?
MTCH's GF Score™ is 84/100, indicating a strong overall assessment based on multiple key financial metrics.
Is MTCH overvalued or undervalued?
MTCH is currently undervalued with a GF Value™ of $37.89, suggesting a potential upside from its current price of $35.77.
What is MTCH's P/E ratio?
MTCH's P/E ratio (TTM) is 13.7x, which is significantly below its 5-year median P/E of 19.4x, indicating that the stock is trading at a lower valuation compared to its historical averages.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
, /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Steven Bailey, Chief Financial Officer of Match Group, will participate in a fireside chat at the TD Cowen Technology, Media & Telecom Conference on Wednesday, May 27 at 9:05 a.m. Eastern Time (ET). The discussion is expected to cover Match Group's business, strategy, and financial details. A live webcast and replay of the fireside chat will be available at https://ir.mtch.com/news-and-events/events.
About Match Group
Match Group (PRNewsfoto/Match Group) Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, BLK®, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.
Match Group Inc (NASDAQ:MTCH) investor meetings with management have reinforced growing confidence that Tinder’s product improvements are beginning to translate into financial stabilization, even as 2026 is expected to remain a rebuilding year for the app, according to UBS analysts.
Following a fireside chat with CFO Steven Bailey, UBS said the key takeaway was that early gains in Tinder engagement and retention are increasingly showing up in monetization metrics.
Payers declined 5% year over year in the first quarter of 2026, an improvement from an 8% decline in the prior quarter, while revenue per payer rose 7% year over year, outpacing the 6% growth seen in Q4 2025. Retention trends also improved, with a 3% year-over-year increase among US Gen Z women in March 2026.
UBS noted that management sounded more confident that Tinder revenue could stabilize sooner than previously expected, depending in part on the pace of planned user investments.
The analysts said Tinder’s underlying engagement indicators are also showing signs of improvement. Metrics such as Sparks and Sparks Coverage increased 6% year over year in March 2026, reversing a 1% decline a year earlier.
Management indicated that payer declines are still expected to run around 5% year over year in the coming quarters, reflecting continued user-focused “givebacks,” but suggested revenue stabilization may occur before payer growth turns positive.
On Hinge, UBS highlighted management’s view that the app remains under-monetized relative to its high-intent user base. The company pointed to opportunities in pricing tiers and à la carte features, along with international expansion, particularly in Europe, while noting Hinge has yet to meaningfully expand into Asia. Management also suggested Hinge could eventually reach EBITDA margins near 40% at scale, assuming it surpasses $1 billion in revenue.
Capital allocation discussions reiterated that share buybacks remain the primary focus, supported by confidence in long-term free cash flow per share growth of 23% in fiscal 2025. While Match remains open to selective acquisitions such as Sniffies, UBS said management clearly framed M&A as secondary to buybacks.
The company also discussed artificial intelligence initiatives, describing AI as a driver of product improvement and revenue enhancement rather than a cost-cutting tool. Management highlighted productivity gains from AI coding tools and broader internal adoption, noting that AI has also contributed to moderating hiring following last year’s restructuring.
UBS maintained a Neutral rating on Match Group and a $38 price target, based on 8x estimated adjusted EBITDA of $1.4 billion for the Q2 2027 to Q1 2028 period.
Shares of UBS traded hands at about $36 on Thursday, up about 11% so far this year.
Match Group remains a Hold as Tinder's improvements are not yet translating into growth. Q1 2026 showed better-than-expected results: revenue up 4% y/y, adj. EBITDA margin expanded to 40%. Tinder's user engagement metrics are stabilizing, but MAUs and payers still decline; Hinge's growth is strong but not yet scale-defining.
Tinder is rolling out live events, AI tools and group dating features to reengage younger users amid dating app fatigue. Summary
Tinder’s turnaround strategy now centers on AI, live events and social group connections.
Match Group MTCH is trying to turn Tinder's user fatigue problem into a fresh growth story, as the company pushes live events, AI-powered features and a broader product redesign to bring younger daters back into the app. At a recent Tinder pickleball event near Santa Monica State Beach, the line stretched out the door and the venue hit capacity, giving investors a direct look at how the company is testing real-world meetups as an alternative to endless swiping. Tinder's audience is more than 50% under 30, but the app has been losing users as Gen Z daters change how they approach online dating.
Spencer Rascoff, who took over Match Group early last year and later became Tinder CEO, is putting Tinder at the center of the turnaround because of its scale and revenue importance. Tinder is the No. 1 dating app in more than 185 countries and accounted for more than half of Match's total revenue last year. The company is now rolling out or testing a wider product reset, including live events, face verification, astrology and music modes, Double Date, virtual speed dating, AI-driven Chemistry features, a cleaner redesign and a planned Groups concept that could let users meet through larger friend-based gatherings. Rascoff also said about 80% of Tinder's code is currently written with AI tools, showing how deeply the company is using AI internally as it tries to accelerate product development.
The early numbers suggest the strategy could be gaining traction, though the turnaround is still in progress. Match recently reported a 4% increase in first-quarter revenue, above Wall Street estimates, with Rascoff saying Tinder is “working much better now” after product enhancements. For investors, the key question is whether Tinder can shift from a tired swipe-first brand into a broader connection platform without losing the simplicity that made the product work in the first place. If live events, AI matching and group-based dating improve user outcomes, Tinder could possibly rebuild momentum with younger daters while giving Match a stronger growth narrative after a difficult stretch.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced the launch of its new quarterly CEO Connection Series, hosted by CEO Spencer Rascoff, beginning with Decoding Gen Z Dating. The event will feature perspectives from Match Group's Consumer Research and Brand Strategy teams on how Gen Z is reshaping connection and dating culture, as well as how Match Group is evolving alongside those shifts.
Match Group (PRNewsfoto/Match Group) The event will be held on Thursday, June 11th at 10:00 a.m. Pacific Time (PT). A live webcast will be available at https://ir.mtch.com/investor-relations/news-events/events-archive and streamed on Spencer Rascoff's LinkedIn and Instagram pages.
About Match Group
Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, BLK®, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.
Ford (NYSE: F | F Price Prediction) and General Motors (NYSE: GM) recently posted Q1 2026 results, and the contrast in how each is returning cash was the most striking takeaway. GM authorized a new $6 billion buyback in January and lifted its dividend. Ford kept its payout flat and bought back a fraction of that. Same industry, very different playbooks.
Buybacks Carry GM. Reinvestment Carries Ford. GM produced $2.95 billion in operating cash flow in Q1 and repurchased $800 million of stock, on top of $6.04 billion bought back across 2025. The diluted share count fell to 926 million from 1.002 billion year over year. CEO Mary Barra raised the dividend 20% to $0.18 per quarter and lifted full-year EBIT-adjusted guidance to $13.5 billion to $15.5 billion. GMNA margin reached 10.1%, and GM took a $1.08 billion charge to right-size its EV capacity rather than chase volume.
Ford went the other way. CEO Jim Farley used Q1 to fund growth and reinvestment. The $311 million in Q1 buybacks is roughly a rounding error against GM’s pace, and Ford ran $0 in annual repurchases from 2021 through 2025. The dividend stayed at $0.15 quarterly. Cash is going into Ford Energy, Ford Pro software (subs up 30% to 879,000), and a Model e program still generating losses of $4.0 billion to $4.5 billion this year.
Where the Capital Really Goes Lens Ford GM Q1 2026 Buybacks $311M $800M Quarterly Dividend $0.15 $0.18 (raised 20%) Dividend Yield 3.6% 0.7% Forward P/E 10 7 Core Bet Ford Energy, EV ramp Truck margins, shrinking float Farley framed it this way: “We are well-prepared to deliver for our customers and shareholders as we enter one of the most intensive product, software, and physical services rollouts in our history.” Translation: cash is earmarked for the build.
The Next Test Is Cash Discipline Investors will be watching whether GM can keep buying back stock without sliding into negative free cash flow. For Ford, the question is simpler: does Model e narrow losses fast enough to justify skipping buybacks while the stock trades below $17?
Why GM Is Currently Winning the Cash-Return Game For income-focused investors, Ford’s 3.6% yield is hard to ignore, and continued growth in Ford Pro software keeps the thesis alive. However, GM’s combination of a shrinking share count, raised guidance, and a cheaper forward multiple makes for a more disciplined capital-return setup. Ford rallied 63.7% over the past year and GM 72.3%, so the market already senses the gap. If Ford Energy starts producing real revenue, or if GM’s tariff exposure widens beyond the current $2.5 billion to $3.5 billion band, that might be reason to reconsider.
3 Big Earnings Misses: Is It Time to Buy the Dip?Match Group NASDAQ: MTCH Chief Financial Officer Steven Bailey said Tinder is showing signs that recent product and marketing changes are beginning to translate into stronger user trends and better financial metrics.
Speaking at an investor conference, Bailey said the company’s thesis for improving Tinder is “starting to be proven out,” with early product engagement indicators moving first, followed by broader user and financial metrics.
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3 Stocks Ringing in The New Year With Large Buyback AnnouncementsBailey pointed to improvements in “Sparks” and “Sparks Coverage,” which he described as measures of meaningful connections, as well as better monthly active user trends and retention. He said Tinder’s MAUs improved from down 10% to down 7%, while retention has also improved.
“That’ll lead to better financial results,” Bailey said. “We’re already starting to see that in payers and revenue, too, where at Tinder, revenue’s coming better than expected lately.”
Tinder Sees Broad-Based Registration Improvement Bumble's Valuation Hits an All-Time Low, Can Its Fortunes Change?Bailey said Tinder recently recorded 1% year-over-year growth in registrations, which he described as the first such increase in “many, many years.” He said the gains were broad-based across many user groups, including men and women, older and younger users, and both U.S. and international markets.
Bailey attributed the improvement to three main factors: a shift in marketing toward more lower-funnel spending, an overall increase in marketing investment, and the traction of new features such as Double Date.
“Features like Double Date, that’s really resonated with Gen Z, is helping that word of mouth flywheel that’s so important to the overall equation, too,” Bailey said.
He said one in four Gen Z women in the U.S. are using Double Date, a feature that lets users pair with a friend and match with other pairs. Bailey said the feature is appealing because it is “fun,” “lightweight,” “lower pressure” and perceived as safer.
In-Person Events Seen as Brand and Engagement Tool Bailey said Match Group is also placing more emphasis on in-real-life, or IRL, connections at Tinder, particularly for Gen Z users. He said the company has piloted about 20 events in Los Angeles and expects to complete 30 soon.
Bailey said the company does not currently view events as a major revenue driver. Instead, he said they are intended to change perceptions of Tinder from a “hookup app” or a source of “swipe fatigue” into an app for meeting new people and forming meaningful real-life connections.
According to Bailey, attendance at the Los Angeles events has been about 85%, and feedback from attendees has been “incredibly strong.” He said about 50% of Gen Z users in Los Angeles surveyed by Tinder expressed interest in attending an event.
Bailey said Tinder is not aiming to become an events company. Instead, it plans to partner with existing events businesses and serve as the technology platform that helps make connections happen.
Algorithm and AI Work Drive Engagement Bailey said changes to Tinder’s recommendation algorithms have been the “biggest win of the year” and are responsible for about two-thirds of the improvement in engagement and retention metrics.
He said the company has shifted algorithmic weighting away from generating as many likes as possible and toward user outcomes and meaningful connections. Bailey said the changes have improved retention while producing less of a revenue hit than the company had anticipated.
Bailey said Tinder currently has six algorithm tests live and continues to look for ways to feed more data into its systems while keeping the user experience light. He cited tests involving AI-enabled camera roll features, which could help users select better photos, improve profiles and provide additional insights to recommendation algorithms with user permission.
“AI is better at inferring what you like, what you dislike,” Bailey said, adding that AI can help gather user data in a less burdensome way than lengthy profile questionnaires.
Hinge Growth Remains Strong Bailey also discussed Hinge, which he said delivered 28% revenue growth in the first quarter and remains on track toward Match Group’s expectation of $1 billion in revenue in 2027, with expanding margins.
He said Hinge still has a long runway for monetization in core markets and is seeing strong growth in Europe. Bailey said revenue in European expansion markets has grown 100% year-over-year for the past three quarters.
Bailey said Hinge has also shown promising early performance in Latin America, including becoming the No. 2 or No. 3 dating app in Mexico and entering Brazil. He said those results give Match Group confidence that Hinge can become a global brand, with Asia representing a largely untapped opportunity.
“We’re, to be honest, talking more and more now about, okay, we’re going to get to the billion through basically momentum,” Bailey said. “How do we get to the $2 billion?”
Bailey said Match Group is keeping Tinder and Hinge distinct, with Tinder positioned around “fun” and Hinge around “focus.” He said users commonly use multiple dating apps, creating opportunities for cross-sell and bundling across Match Group’s portfolio.
Margins, Sniffies Investment and Buybacks Bailey said Match Group’s 2025 margin outlook includes several one-time costs. Excluding those costs, he said margins are roughly flat year-over-year at about 37.5%, by design.
He said the company has generated about $100 million in headcount-related savings and roughly $125 million in in-app payment fee-related savings, and has reinvested much of that into Tinder and Hinge product and marketing.
Bailey also discussed Match Group’s $100 million investment in Sniffies, describing it as a large minority stake that is off-balance sheet and not consolidated. He said Sniffies has about 3 million monthly active users and is the No. 2 player in the non-heterosexual male category. Bailey said Match Group plans to support Sniffies in areas such as trust and safety and in working toward returning to the App Store with a safe-for-work product. He also said Match Group is shutting down Archer, which did not find the product-market fit the company wanted.
On capital allocation, Bailey said Match Group remains a strong free cash flow generator, producing about $1.1 billion in free cash flow in recent years. He said the company expects to reduce its share count by 5% to 7% annually over the next few years through buybacks.
Bailey said free cash flow per share grew more than 20% year-over-year last year and is expected to grow in the high teens this year, calling capital allocation an “underappreciated part” of the company’s turnaround story.
About Match Group NASDAQ: MTCHMatch Group, Inc NASDAQ: MTCH is a leading provider of online dating products and services. The company owns and operates a diverse portfolio of consumer brands that connect singles through digital platforms. Its flagship offerings include Match.com, Tinder, Hinge, OkCupid and PlentyOfFish, which together serve users looking for long-term relationships, casual encounters and social networking opportunities.
Originating with the launch of Match.com in 1995, Match Group has grown through a combination of organic development and strategic acquisitions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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On June 02, 2026, Match Group Inc MTCH shares fell 3.9% to close at $35.32. This decline adds to a challenging month where the stock has decreased by 8.7%. Over the last 52 weeks, MTCH has traded between a high of $39.20 and a low of $28.81.
GF Value™ verdict: Current price of $35.32 is 6.8% below the GF Value™ of $37.88.GF Score™: 82/100, indicating a strong investment potential based on multiple factors.Most notable signal: Insider activity shows $2.0M in sales over the last 3 months with no buying activity. Is MTCH Overvalued or Undervalued? According to the GF Value™, Match Group Inc MTCH is currently undervalued, with a current price of $35.32 compared to a fair value estimate of $37.88, representing a 6.8% margin of safety. This assessment suggests that there may be an investment opportunity, especially for those looking for stocks with potential upside. However, it is crucial to note that the GF Valuation label indicates that the stock is fairly valued. This means that while there is potential for appreciation, investors should remain cautious and consider the broader market conditions and the company's financial health.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The current undervaluation, while attractive, is accompanied by the need for careful consideration of the company's financial strength and market dynamics.
How Does MTCH's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)13.5x18.9x Forward P/E13.3xN/A The current P/E ratio of 13.5x is significantly below the 5-year median P/E of 18.9x, indicating that the stock is trading at a discount to its historical valuation. This analysis aligns with the GF Value™ verdict, reinforcing the notion that the stock is currently undervalued.
What Does MTCH's GF Score™ Tell Us? MetricRating GF Score™82 Financial Strength4/10 Profitability8/10 Growth6/10 Valuation9/10 Momentum10/10 The GF Score™ of 82/100 indicates that Match Group Inc has strong potential for long-term returns, particularly in terms of valuation and momentum, where it scores 9 and 10 respectively. However, the financial strength score of 4/10 highlights a notable weakness that investors should take into account when assessing overall risk. The profitability rank of 8/10 further strengthens the case for MTCH's potential, though growth at 6/10 suggests room for improvement in expanding revenues.
What Are Insiders Doing with MTCH Stock? In the last three months, insiders have sold $2.0 million worth of shares, with no recorded buying activity during this period. This pattern of selling may indicate a lack of confidence among insiders regarding the company's short-term performance, which could be a red flag for potential investors. Such activity often raises questions about the company's future prospects and the overall sentiment among those closest to the company's operations.
What This Means for Investors Based on the GF Value™ assessment, Match Group Inc MTCH is currently undervalued in the market. However, the mixed signals from insider activity and financial strength metrics warrant caution. Investors should weigh these factors carefully before making any decisions.
For the complete analysis, visit the Match Group Inc MTCH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is MTCH's GF Score™?
MTCH's GF Score™ is 82/100, indicating a strong investment potential based on multiple factors including profitability and valuation.
Is MTCH overvalued or undervalued?
MTCH is currently undervalued according to GF Value™, with a price of $35.32 compared to a fair value estimate of $37.88.
What is MTCH's P/E ratio?
MTCH's P/E ratio is 13.5x, which is 29% below its 5-year median P/E of 18.9x, indicating that the stock is trading at a discount compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
New campaign features global-inspired recipes, a multi-city food truck tour, creator collaborations, a sweepstakes and more, inspired by the summer's biggest soccer tournament
, /PRNewswire/ -- As soccer fans around the world gather to cheer on their favorite teams this summer, TUMS is bringing fans together over another shared passion: food. An extension of Haleon's partnership with U.S. Soccer, TUMS has announced the launch of the "TUMS Food Match Cup," a first-of-its-kind campaign inspired by the global flavors, traditions and team passions that make soccer's biggest tournament season unforgettable. From bold culinary mashups and creator collaborations to immersive fan experiences and daily sweepstakes, the TUMS Food Match Cup celebrates the intersection of soccer fandom, food culture and fast-acting heartburn relief — helping fans stay focused on the action, not their symptoms.
TUMS Food Match Cup logo
TUMS Food Match Cup "Soccer's biggest moments bring fans from around the world together, and food is often at the center of those celebrations — whether it's spicy street tacos, grilled favorites or comforting classics shared while cheering on your team," said Patricia Melo, Brand Director for TUMS. "With the TUMS Food Match Cup, we wanted to celebrate that sense of global unity through original recipe mashups inspired by countries competing on the pitch, combining iconic flavors and dishes from around the world into unexpected, crave-worthy creations, all paired with trusted heartburn relief that helps fans stay focused on the celebration."
Featured dishes include:
The Plantain Dog, a sweet-and-savory fusion inspired by flavors from the USA and Paraguay Kimchi Carnitas Tacos, blending Korean and Mexican culinary traditions Raclette Poutine, combining Swiss alpine comfort food with a Canadian classic Throughout the tournament, fans can visit TUMSFoodMatchCup.com to spin the daily wheel for a chance to unlock a new recipe mashup inspired by competing countries and their signature cuisines, along with a recommended TUMS product pairing. Fans can also enter daily for a chance to win prizes, including U.S. Soccer merchandise, special savings offers from TUMS and the grand prize: a $200 Ticketmaster e-gift card that can be used toward U.S. Soccer tickets.
The campaign will also be amplified through additional creator partnerships, including a partnership with chef, creator and cookbook author Joshua Weissman.
"To me, food and soccer have this incredible ability to bring people together and spark a sense of connection and creativity," said Joshua Weissman. "Working with TUMS on the Food Match Cup gave me the chance to help celebrate unexpected flavors and culinary traditions in a way that encompasses the energy and excitement that fans are feeling all summer long."
TUMS is also bringing the campaign directly to fans through the Food Match Cup Food Truck Tour, a multi-city experience designed to celebrate the excitement of match day through globally inspired flavors and interactive fan engagement. The tour will stop in Los Angeles, Houston, Kansas City, Dallas and New York City, making 14 stops at retail locations, including Walmart and Kroger, as well as the Gameday Goal Zone Pre-Match Hospitality event at MetLife Stadium.
Visitors can sample tournament-inspired dishes from the TUMS food truck, capture memories through interactive photo opportunities, enjoy giveaways and receive TUMS samples and products — all designed to help ensure heartburn doesn't interrupt the excitement of game day.
Fans can follow along throughout the tournament to discover new recipe mashups, enter the sweepstakes and find upcoming tour stops at TUMSFoodMatchCup.com and on @TUMSOfficial across Instagram and TikTok.
About TUMS
TUMS is the #1 recommended antacid brand by doctors, pharmacists and OBGYNs. As America's #1 antacid brand, TUMS offers a wide variety of flavors and formats with something for everyone. TUMS Chewy Bites provide tasty, effective multi-symptom relief from heartburn, sour stomach, acid indigestion and upset stomach so you can savor the moment. TUMS Gummy Bites go to work in seconds* for occasional heartburn relief and feature a soft, easy-to-chew format with multi-benefit relief from occasional sour stomach, acid indigestion and upset stomach.
*These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease.
About Haleon
Haleon (LSE/NYSE: HLN) is a globally leading consumer company that is solely focused on better everyday health. Haleon's product portfolio spans three major categories - Oral Health, Over-the-Counter (OTC), and Wellness. Its long-standing brands - such as Advil, Centrum, Parodontax, Sensodyne, Theraflu, and TUMS - are built on trusted science, innovation and deep human understanding. For more information on Haleon and its brands, please visit www.haleon.com or contact [email protected].
Algert Global LLC lifted its position in Ameris Bancorp (NASDAQ: ABCB) by 11.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 271,689 shares of the bank's stock after buying an additional 27,940 shares during the period. Algert Global
ATLANTA--(BUSINESS WIRE)--The board of directors of Ameris Bancorp (NYSE: ABCB) (the “Company”) has declared a dividend of $0.20 per share of the Company’s common stock, payable on April 6, 2026, to shareholders of record as of March 31, 2026.
About Ameris Bancorp
Ameris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates financial centers in five southeastern states and serves consumer and business customers nationwide through select lending channels. Ameris manages $27.5 billion in assets as of December 31, 2025, and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services. Learn more about Ameris at www.amerisbank.com.
Congress Asset Management Co. increased its stake in shares of Ameris Bancorp (NASDAQ: ABCB) by 2.8% during the undefined quarter, according to the company in its most recent filing with the SEC. The fund owned 996,786 shares of the bank's stock after purchasing an additional 27,106 shares during the quarter. Congress Asset Management
Burns Matteson Capital Management LLC acquired a new position in shares of Ameris Bancorp (NASDAQ:ABCB – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,696 shares of the bank’s stock, valued at approximately $572,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Ameris Bancorp by 3.0% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 5,231 shares of the bank’s stock worth $384,000 after purchasing an additional 153 shares during the period. Lido Advisors LLC boosted its holdings in shares of Ameris Bancorp by 2.9% in the 3rd quarter. Lido Advisors LLC now owns 6,294 shares of the bank’s stock valued at $463,000 after buying an additional 177 shares during the period. Inspire Investing LLC boosted its holdings in shares of Ameris Bancorp by 3.0% in the 3rd quarter. Inspire Investing LLC now owns 6,183 shares of the bank’s stock valued at $453,000 after buying an additional 181 shares during the period. Covestor Ltd grew its position in shares of Ameris Bancorp by 51.5% during the 3rd quarter. Covestor Ltd now owns 547 shares of the bank’s stock valued at $40,000 after buying an additional 186 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its position in shares of Ameris Bancorp by 2.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 9,730 shares of the bank’s stock valued at $724,000 after buying an additional 195 shares during the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.
Ameris Bancorp Trading Up 2.0% Shares of NASDAQ:ABCB opened at $78.03 on Wednesday. The company has a market cap of $5.30 billion, a PE ratio of 14.98 and a beta of 0.97. The company’s 50-day moving average price is $79.75 and its 200 day moving average price is $76.71. Ameris Bancorp has a fifty-two week low of $48.27 and a fifty-two week high of $87.98. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.11.
Ameris Bancorp (NASDAQ:ABCB – Get Free Report) last posted its earnings results on Thursday, January 29th. The bank reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. Ameris Bancorp had a net margin of 21.46% and a return on equity of 9.57%. The firm had revenue of $309.92 million during the quarter, compared to analysts’ expectations of $310.48 million. During the same quarter in the prior year, the firm earned $1.38 EPS. Sell-side analysts anticipate that Ameris Bancorp will post 4.99 earnings per share for the current year.
Ameris Bancorp Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Tuesday, March 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Ameris Bancorp’s dividend payout ratio is 13.33%.
Wall Street Analysts Forecast Growth A number of equities analysts have issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of Ameris Bancorp from $82.00 to $88.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. DA Davidson set a $94.00 price target on Ameris Bancorp in a research report on Monday, February 2nd. Truist Financial raised their price target on Ameris Bancorp from $83.00 to $86.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Finally, Stephens boosted their price objective on Ameris Bancorp from $79.00 to $87.00 and gave the company an “equal weight” rating in a research report on Monday, February 2nd. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Ameris Bancorp has an average rating of “Moderate Buy” and a consensus target price of $86.50.
Read Our Latest Stock Analysis on Ameris Bancorp
Ameris Bancorp Company Profile (Free Report)
Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. Through its principal subsidiary, Ameris Bank, the company offers a broad range of commercial and retail banking services to individuals, small businesses, middle market companies and agricultural customers. Its core business lines encompass deposit services, lending solutions, treasury management, mortgage origination and servicing, insurance products and wealth management.
Ameris Bancorp operates a network of branches and loan production offices across the southeastern United States, including Georgia, Alabama, Florida, North Carolina, South Carolina and Tennessee.
See Also Five stocks we like better than Ameris Bancorp Want to see what other hedge funds are holding ABCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameris Bancorp (NASDAQ:ABCB – Free Report).
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ATLANTA--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the “Company”) announced today that it intends to release its first quarter 2026 financial results in a press release after the market closes on Thursday, April 23, 2026. H. Palmer Proctor, Jr., Chief Executive Officer, Nicole S. Stokes, Chief Financial Officer, and Douglas D. Strange, Chief Credit Officer, will host a teleconference at 9:00 a.m. Eastern time on Friday, April 24, 2026 to discuss the Company's results and answer appropriate.
Aberdeen Group plc trimmed its position in shares of Ameris Bancorp (NASDAQ:ABCB – Free Report) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,728 shares of the bank’s stock after selling 17,137 shares during the period. Aberdeen Group plc owned approximately 0.44% of Ameris Bancorp worth $22,558,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Invesco Ltd. grew its position in Ameris Bancorp by 134.7% in the 3rd quarter. Invesco Ltd. now owns 931,911 shares of the bank’s stock worth $68,318,000 after purchasing an additional 534,830 shares during the last quarter. Bessemer Group Inc. boosted its stake in Ameris Bancorp by 98,682.6% during the third quarter. Bessemer Group Inc. now owns 351,666 shares of the bank’s stock worth $25,780,000 after buying an additional 351,310 shares in the last quarter. Millennium Management LLC increased its holdings in Ameris Bancorp by 97.2% in the 3rd quarter. Millennium Management LLC now owns 670,312 shares of the bank’s stock valued at $49,141,000 after buying an additional 330,427 shares during the period. Jane Street Group LLC acquired a new position in shares of Ameris Bancorp in the 1st quarter valued at $10,528,000. Finally, AQR Capital Management LLC boosted its holdings in Ameris Bancorp by 50.8% during the second quarter. AQR Capital Management LLC now owns 343,115 shares of the bank’s stock valued at $22,200,000 after purchasing an additional 115,650 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.
Ameris Bancorp Price Performance Ameris Bancorp stock opened at $78.34 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $5.32 billion, a P/E ratio of 15.04 and a beta of 0.93. The business has a 50-day moving average of $79.55 and a 200-day moving average of $76.80. Ameris Bancorp has a 1 year low of $48.27 and a 1 year high of $87.98.
Ameris Bancorp (NASDAQ:ABCB – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The bank reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. The business had revenue of $309.92 million for the quarter, compared to analyst estimates of $310.48 million. Ameris Bancorp had a net margin of 21.46% and a return on equity of 9.57%. During the same quarter last year, the firm earned $1.38 EPS. On average, equities analysts anticipate that Ameris Bancorp will post 4.99 EPS for the current year.
Ameris Bancorp Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.80 annualized dividend and a yield of 1.0%. Ameris Bancorp’s payout ratio is currently 13.33%.
Analyst Upgrades and Downgrades A number of equities research analysts recently commented on the company. Truist Financial increased their price target on Ameris Bancorp from $83.00 to $86.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Stephens boosted their price objective on Ameris Bancorp from $79.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Monday, February 2nd. Keefe, Bruyette & Woods increased their target price on Ameris Bancorp from $82.00 to $88.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Finally, DA Davidson set a $94.00 target price on shares of Ameris Bancorp in a research note on Monday, February 2nd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ameris Bancorp currently has an average rating of “Moderate Buy” and an average target price of $86.50.
Check Out Our Latest Stock Report on ABCB
About Ameris Bancorp (Free Report)
Ameris Bancorp is a bank holding company headquartered in Atlanta, Georgia. Through its principal subsidiary, Ameris Bank, the company offers a broad range of commercial and retail banking services to individuals, small businesses, middle market companies and agricultural customers. Its core business lines encompass deposit services, lending solutions, treasury management, mortgage origination and servicing, insurance products and wealth management.
Ameris Bancorp operates a network of branches and loan production offices across the southeastern United States, including Georgia, Alabama, Florida, North Carolina, South Carolina and Tennessee.
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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Ameris Bancorp (ABCB - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Ameris Bancorp is one of 837 companies in the Finance group. The Finance group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Ameris Bancorp is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ABCB's full-year earnings has moved 3% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ABCB has returned 6.4% so far this year. In comparison, Finance companies have returned an average of -5.9%. This means that Ameris Bancorp is performing better than its sector in terms of year-to-date returns.
Another stock in the Finance sector, Allstate (ALL - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 0.1%.
Over the past three months, Allstate's consensus EPS estimate for the current year has increased 8.9%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Ameris Bancorp belongs to the Banks - Southeast industry, which includes 53 individual stocks and currently sits at #60 in the Zacks Industry Rank.
On the other hand, Allstate belongs to the Insurance - Property and Casualty industry. This 40-stock industry is currently ranked #40.
Investors interested in the Finance sector may want to keep a close eye on Ameris Bancorp and Allstate as they attempt to continue their solid performance.
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Ameris Bancorp (ABCB - Free Report) . This company, which is in the Zacks Banks - Southeast industry, shows potential for another earnings beat.
When looking at the last two reports, this bank has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.00%, on average, in the last two quarters.
For the last reported quarter, Ameris Bancorp came out with earnings of $1.59 per share versus the Zacks Consensus Estimate of $1.56 per share, representing a surprise of 1.92%. For the previous quarter, the company was expected to post earnings of $1.47 per share and it actually produced earnings of $1.53 per share, delivering a surprise of 4.08%.
Price and EPS Surprise
For Ameris Bancorp, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Ameris Bancorp has an Earnings ESP of +0.33% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on April 23, 2026.
With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Ameris Bancorp (ABCB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
On April 17, 2026, Ameris Bancorp (ABCB) shares rose 3.2% to a current price of $85.28. Over the past year, the stock has shown significant momentum, trading wi
The upcoming report from Ameris Bancorp (ABCB - Free Report) is expected to reveal quarterly earnings of $1.54 per share, indicating an increase of 20.3% compared to the year-ago period. Analysts forecast revenues of $309.07 million, representing an increase of 7.8% year over year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Ameris Bancorp metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts forecast 'Net interest margin (TE)' to reach 3.8%. Compared to the current estimate, the company reported 3.7% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Efficiency ratio' of 50.6%. Compared to the present estimate, the company reported 52.8% in the same quarter last year.
Analysts' assessment points toward 'Book value per share (period end)' reaching $61.19 . The estimate is in contrast to the year-ago figure of $55.49 .
Analysts expect 'Nonaccrual loans' to come in at $102.47 million. Compared to the current estimate, the company reported $99.67 million in the same quarter of the previous year.
The average prediction of analysts places 'Average Balances - Total Earning Assets' at $25.72 billion. The estimate compares to the year-ago value of $24.21 billion.
Based on the collective assessment of analysts, 'Total non-performing assets' should arrive at $114.30 million. Compared to the current estimate, the company reported $115.46 million in the same quarter of the previous year.
The consensus among analysts is that 'Net Interest Income (TE)' will reach $242.69 million. Compared to the current estimate, the company reported $222.77 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Total Non-Interest Income' should come in at $66.35 million. Compared to the current estimate, the company reported $64.02 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Net Interest Income' will likely reach $242.66 million. The estimate is in contrast to the year-ago figure of $221.84 million.
View all Key Company Metrics for Ameris Bancorp here>>>
Ameris Bancorp shares have witnessed a change of +10.3% in the past month, in contrast to the Zacks S&P 500 composite's +8.6% move. With a Zacks Rank #2 (Buy), ABCB is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
ATLANTA--(BUSINESS WIRE)--Ameris Bancorp (NYSE: ABCB) (the “Company” or “Ameris”) today reported net income of $110.5 million, or $1.63 per diluted share, for the quarter ended March 31, 2026, compared with $87.9 million, or $1.27 per diluted share, for the quarter ended March 31, 2025.
Commenting on the Company’s results, Palmer Proctor, the Company’s Chief Executive Officer, said, “First quarter was a strong start to the year with our performance metrics continuing to outpace the broader industry. Our ROA expanded to 1.62%, our return on average tangible common equity grew to 14.75% and our margin expanded 3 basis points to 3.88% for the first quarter. The continued focus on expenses across the Company resulted in an efficiency ratio just under 50% despite some seasonal headwinds. Growth was robust with annualized revenue growth in the high single digits and annualized loan and deposit growth in the mid-single digits. We were more active in our share repurchase program, buying back almost $75 million of our common stock in the quarter or approximately 1.4% of our outstanding equity. Overall, another solid quarter from Ameris with our focus remaining on profitably growing our franchise across our attractive Southeast markets.”
Net Interest Income and Net Interest Margin
Net interest income on a tax-equivalent basis (TE) was $245.4 million in the first quarter of 2026, a decrease of $903,000, or 0.4%, from last quarter and an increase of $22.6 million, or 10.2%, compared with the first quarter of 2025. The Company's average earning assets increased during the quarter by $265.2 million, or 4.2% annualized, primarily due to an increase of $311.9 million in average portfolio loans outstanding and an increase of $99.7 million in the average balance of investment securities, partially offset by a decrease in average loans held for sale of $142.1 million.
The Company's net interest margin expanded to 3.88% for the first quarter of 2026, a three-basis point increase from 3.85% reported for the fourth quarter of 2025 and a 15-basis point improvement from the 3.73% reported for the first quarter of 2025.
Yields on earning assets decreased four basis points during the quarter to 5.57%, compared with 5.61% in the fourth quarter of 2025. This decrease is primarily related to a two-basis point decrease in yield on portfolio loans outstanding during the first quarter of 2026.
The Company’s total cost of funds decreased seven basis points to 1.88% in the first quarter of 2026, compared with 1.95% in the fourth quarter of 2025, and improved 18 basis points compared with the first quarter of 2025. Deposit costs decreased 11 basis points during the first quarter of 2026 to 1.76%, compared with 1.87% in the fourth quarter of 2025. Costs of interest-bearing deposits during the quarter were 2.50%, a decrease of 16 basis points compared with the fourth quarter of 2025.
Noninterest Income
Noninterest income increased $8.1 million, or 13.1%, in the first quarter of 2026 to $69.9 million, compared with $61.8 million for the fourth quarter of 2025. Mortgage banking activity increased $5.1 million, or 16.1%, to $37.0 million in the first quarter of 2026, compared with $31.9 million for the fourth quarter of 2025. Total production in the retail mortgage division seasonally decreased $128.4 million, or 10.6%, to $1.09 billion in the first quarter of 2026, compared with $1.22 billion for the fourth quarter of 2025. The retail mortgage open pipeline was $632.7 million at the end of the first quarter of 2026, compared with $701.9 million for the fourth quarter of 2025. Gain on sale spreads decreased to 2.08% in the first quarter of 2026 from 2.20% for the fourth quarter of 2025. Other noninterest income increased $2.8 million, or 44.4%, in the first quarter of 2026 to $9.1 million, compared with $6.3 million for the fourth quarter of 2025. This increase is primarily due to a $1.1 million loss on the sale of mortgage servicing rights and a $910,000 servicing right impairment in the fourth quarter of 2025, both of which did not recur in the current quarter, and an $837,000 increase in gain on sale of SBA loans in the first quarter of 2026 compared with the fourth quarter of 2025.
Noninterest Expense
Noninterest expense increased $14.0 million, or 9.8%, to $157.1 million during the first quarter of 2026, compared with $143.1 million for the fourth quarter of 2025. The increase was primarily driven by cyclical increases in payroll tax and 401(k) expenses totaling $4.9 million, an increase in incentives of $4.3 million, an increase in advertising and marketing expenses of $1.3 million, an increase of $1.1 million in FDIC assessment expense and an increase in donations of $1.0 million. Management continues to deliver high performing operating efficiency, with an efficiency ratio of 49.97% in the first quarter of 2026, compared with 46.59% in the fourth quarter of 2025 and 52.83% in the first quarter of 2025.
Income Tax Expense
The Company's effective tax rate for the first quarter of 2026 was 21.5%, compared with 23.2% for the fourth quarter of 2025. The decreased rate resulted primarily from the excess benefit of share-based compensation awards that vested during the first quarter of 2026.
Balance Sheet Trends
Total assets at March 31, 2026 were $28.11 billion, compared with $27.52 billion at December 31, 2025. During the first quarter of 2026, loans, net of unearned income, increased by $314.5 million, or 5.9% annualized, compared with $21.51 billion at December 31, 2025. Unfunded commitments increased $298.7 million during the first quarter of 2026, due to strong production in construction and warehouse lending during the quarter. Loans held for sale decreased to $496.6 million at March 31, 2026 from $623.2 million at December 31, 2025. Debt securities available-for-sale amounted to $2.35 billion, compared with $2.21 billion at December 31, 2025.
At March 31, 2026, total deposits amounted to $22.64 billion, compared with $22.38 billion at December 31, 2025. During the first quarter of 2026, deposits grew $260.7 million, with noninterest-bearing accounts increasing $322.8 million, interest-bearing demand accounts increasing $168.1 million, brokered CDs increasing $143.9 million and savings accounts increasing $9.0 million. Such increases were offset by decreases in money market accounts of $330.5 million and retail CDs of $52.7 million. Noninterest-bearing accounts as a percentage of total deposits increased, such that at March 31, 2026, noninterest-bearing deposit accounts represented $6.75 billion, or 29.8% of total deposits, compared with $6.43 billion, or 28.7% of total deposits, at December 31, 2025.
Shareholders’ equity at March 31, 2026 totaled $4.08 billion, an increase of $6.1 million, or 0.1%, from December 31, 2025. The increase in shareholders’ equity was primarily the result of earnings of $110.5 million during the first quarter of 2026, largely offset by dividends declared, share repurchases and a decrease in accumulated other comprehensive income of $9.8 million resulting from changes in interest rates on the Company's investment portfolio. Tangible book value per share(1) increased $0.61 per share, or 5.6% annualized, during the first quarter of 2026 to $44.79 at March 31, 2026. Tangible common equity as a percentage of tangible assets was 11.15% at March 31, 2026, compared with 11.37% at the end of 2025. The Company repurchased 950,400 shares of its common stock in the quarter ending March 31, 2026.
Credit Quality
During the first quarter of 2026, the Company recorded a provision for credit losses of $16.6 million, compared with a provision of $23.0 million in the fourth quarter of 2025. The allowance for credit losses on loans was 1.62% of loans at March 31, 2026, unchanged from the end of 2025. Nonperforming assets as a percentage of total assets increased one basis point to 0.45% during the quarter. Approximately $34.5 million, or 27.0%, of the nonperforming assets at March 31, 2026 were GNMA-guaranteed mortgage loans, which present minimal loss exposure for the Company. Excluding these government-guaranteed loans, nonperforming assets as a percentage of total assets decreased two basis points to 0.33% at March 31, 2026, compared with 0.35% at the end of the fourth quarter of 2025. The net charge-off ratio was 21 basis points for the first quarter of 2026, compared with 26 basis points for the fourth quarter of 2025.
Conference Call
The Company will host a teleconference at 9:00 a.m. Eastern time on Friday, April 24, 2026, to discuss the Company's results and answer appropriate questions. The conference call can be accessed by dialing 1-844-481-2939. The conference call ID is Ameris Bancorp. A replay of the call will be available beginning one hour after the end of the conference call until May 1, 2026. To listen to the replay, dial 1-855-669-9658. The conference replay access code is 4888731. The financial information discussed will be available on the Investor Relations page of the Ameris Bank website at ir.amerisbank.com. Participants also may listen to a live webcast of the presentation by visiting the link on the Investor Relations page of the Ameris Bank website.
About Ameris Bancorp
Ameris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates financial centers in five southeastern states and also serves consumer and business customers nationwide through select lending channels. Ameris manages $28.1 billion in assets as of March 31, 2026, and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services. Learn more about Ameris at www.amerisbank.com.
(1) Considered non-GAAP financial measure - See reconciliation of GAAP to non-GAAP financial measures in tables 9A - 9D.
This news release contains certain performance measures determined by methods other than in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company’s management uses these non-GAAP financial measures in its analysis of the Company’s performance. These measures are useful when evaluating the underlying performance and efficiency of the Company’s operations and balance sheet. The Company’s management believes that these non-GAAP financial measures provide a greater understanding of ongoing operations, enhance comparability of results with prior periods and demonstrate the effects of significant gains and charges in the current period. The Company’s management believes that investors may use these non-GAAP financial measures to evaluate the Company’s financial performance without the impact of unusual items that may obscure trends in the Company’s underlying performance. These disclosures should not be viewed as a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP financial measures that may be presented by other companies.
This news release contains forward-looking statements, as defined by federal securities laws, including, among other forward-looking statements, certain plans, expectations and goals. Words such as “may,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology, as well as similar expressions, are meant to identify forward-looking statements. The forward-looking statements in this news release are based on management's opinions only as of the date hereof and are provided to assist in the understanding of potential future performance. Such forward-looking statements involve numerous assumptions, risks and uncertainties that may cause actual results to differ materially from those expressed or implied in any such statements, including, without limitation, the following: general competitive, economic, unemployment, political and market conditions and fluctuations, including real estate market conditions, and the effects of such conditions and fluctuations on the creditworthiness and payment behavior of borrowers, collateral values, asset recovery values and the value of investment securities; movements in interest rates and their impacts on net interest margin, investment security valuations and other performance measures; expectations on credit quality and performance; legislative and regulatory changes; changes in U.S. government trade, monetary and fiscal policies, including tariffs; competitive pressures on product pricing and services; fraud, theft or other misconduct impacting our customers or operations; cybersecurity risks, including data breaches, malware, ransomware and account takeover; the success and timing of our business strategies and plans; our outlook and long-term goals for future growth; and natural disasters, geopolitical events, acts of war or terrorism or other hostilities, public health crises and other catastrophic events beyond our control. For a discussion of some of the other risks and other factors that may cause such forward-looking statements to differ materially from actual results, please refer to the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the Company's subsequently filed periodic reports and other filings. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements except as required by law.
AMERIS BANCORP AND SUBSIDIARIES
FINANCIAL TABLES
Financial Highlights
Table 1
Three Months Ended
Mar
Dec
Sep
Jun
Mar
(dollars in thousands except per share data)
2026
2025
2025
2025
2025
EARNINGS
Net income
$
110,492
$
108,356
$
106,029
$
109,834
$
87,935
Adjusted net income(1)
$
110,492
$
108,838
$
104,040
$
109,444
$
88,012
COMMON SHARE DATA
Earnings per share available to common shareholders
Basic
$
1.64
$
1.59
$
1.55
$
1.60
$
1.28
Diluted
$
1.63
$
1.59
$
1.54
$
1.60
$
1.27
Adjusted diluted EPS(1)
$
1.63
$
1.59
$
1.52
$
1.59
$
1.27
Cash dividends per share
$
0.20
$
0.20
$
0.20
$
0.20
$
0.20
Book value per share (period end)
$
60.64
$
59.92
$
58.56
$
57.02
$
55.49
Tangible book value per share (period end)(1)
$
44.79
$
44.18
$
42.90
$
41.32
$
39.78
Weighted average number of shares
Basic
67,540,444
68,022,346
68,401,737
68,594,608
68,785,458
Diluted
67,766,997
68,328,365
68,665,669
68,796,577
69,030,331
Period end number of shares
67,320,298
68,022,316
68,587,742
68,711,043
68,910,924
Market data
High intraday price
$
87.98
$
78.99
$
76.58
$
65.43
$
68.85
Low intraday price
$
73.20
$
68.80
$
64.30
$
48.27
$
55.32
Period end closing price
$
77.99
$
74.27
$
73.31
$
64.70
$
57.57
Average daily volume
558,814
448,341
435,766
416,355
430,737
PERFORMANCE RATIOS
Return on average assets
1.62
%
1.57
%
1.56
%
1.65
%
1.36
%
Adjusted return on average assets(1)
1.62
%
1.58
%
1.53
%
1.64
%
1.36
%
Return on average common equity
10.91
%
10.63
%
10.61
%
11.40
%
9.39
%
Adjusted return on average tangible common equity(1)
14.75
%
14.53
%
14.29
%
15.76
%
13.15
%
Earning asset yield (TE)
5.57
%
5.61
%
5.66
%
5.64
%
5.61
%
Total cost of funds
1.88
%
1.95
%
2.05
%
2.06
%
2.06
%
Net interest margin (TE)
3.88
%
3.85
%
3.80
%
3.77
%
3.73
%
Efficiency ratio
49.97
%
46.59
%
49.19
%
51.63
%
52.83
%
Adjusted efficiency ratio(1)
49.97
%
46.68
%
49.62
%
51.74
%
52.79
%
CAPITAL ADEQUACY (period end)
Shareholders' equity to assets
14.52
%
14.81
%
14.82
%
14.68
%
14.42
%
Tangible common equity to tangible assets(1)
11.15
%
11.37
%
11.31
%
11.09
%
10.78
%
OTHER DATA (period end)
Full time equivalent employees
Banking Division
2,023
2,043
2,068
2,036
2,045
Retail Mortgage Division
528
538
546
550
577
Warehouse Lending Division
7
7
8
8
7
Premium Finance Division
84
85
78
78
81
Total Ameris Bancorp FTE headcount
2,642
2,673
2,700
2,672
2,710
Branch locations
163
163
164
164
164
Deposits per branch location
$
138,876
$
137,276
$
135,537
$
133,736
$
133,612
(1)Considered non-GAAP financial measure - See reconciliation of GAAP to non-GAAP financial measures in tables 9A - 9D
AMERIS BANCORP AND SUBSIDIARIES
FINANCIAL TABLES
Income Statement
Table 2
Three Months Ended
Mar
Dec
Sep
Jun
Mar
(dollars in thousands except per share data)
2026
2025
2025
2025
2025
Interest income
Interest and fees on loans
$
317,883
$
323,833
$
321,457
$
315,893
$
304,168
Interest on taxable securities
25,474
24,886
23,253
20,696
18,492
Interest on nontaxable securities
374
422
343
334
329
Interest on deposits in other banks
8,040
8,922
9,993
10,715
10,789
Total interest income
351,771
358,063
355,046
347,638
333,778
Interest expense
Interest on deposits
96,227
105,314
106,851
106,796
105,215
Interest on other borrowings
11,108
7,442
10,231
9,029
6,724
Total interest expense
107,335
112,756
117,082
115,825
111,939
Net interest income
244,436
245,307
237,964
231,813
221,839
Provision for loan losses
17,895
16,601
11,176
3,110
16,519
Provision for unfunded commitments
(1,338
)
6,348
11,446
(335
)
5,373
Provision for other credit losses
(6
)
1
8
(3
)
—
Provision for credit losses
16,551
22,950
22,630
2,772
21,892
Net interest income after provision for credit losses
227,885
222,357
215,334
229,041
199,947
Noninterest income
Service charges on deposit accounts
13,679
14,088
13,931
13,493
13,133
Mortgage banking activity
37,008
31,874
40,666
39,221
35,254
Other service charges, commissions and fees
1,027
1,102
1,124
1,158
1,109
Gain on securities
—
12
1,581
—
40
Equipment finance activity
9,086
8,434
8,858
6,572
6,698
Other noninterest income
9,120
6,317
10,114
8,467
7,789
Total noninterest income
69,920
61,827
76,274
68,911
64,023
Noninterest expense
Salaries and employee benefits
91,366
81,997
90,948
89,308
86,615
Occupancy and equipment
11,625
11,321
11,524
11,401
10,677
Data processing and communications expenses
16,793
16,236
16,058
15,366
14,855
Credit resolution-related expenses(1)
509
953
770
657
765
Advertising and marketing
3,296
1,984
3,377
3,745
2,883
Amortization of intangible assets
3,393
3,879
3,879
4,076
4,103
Loan servicing expenses
7,380
7,267
8,142
7,897
7,823
Other noninterest expenses
22,718
19,453
19,868
22,810
23,313
Total noninterest expense
157,080
143,090
154,566
155,260
151,034
Income before income tax expense
140,725
141,094
137,042
142,692
112,936
Income tax expense
30,233
32,738
31,013
32,858
25,001
Net income
$
110,492
$
108,356
$
106,029
$
109,834
$
87,935
Diluted earnings per common share
$
1.63
$
1.59
$
1.54
$
1.60
$
1.27
(1) Includes expenses associated with problem loans and OREO, as well as OREO losses and writedowns.
AMERIS BANCORP AND SUBSIDIARIES
FINANCIAL TABLES
Period End Balance Sheet
Table 3
Mar
Dec
Sep
Jun
Mar
(dollars in thousands)
2026
2025
2025
2025
2025
Assets
Cash and due from banks
$
235,114
$
253,807
$
216,927
$
249,676
$
253,289
Interest-bearing deposits in banks
1,094,185
835,113
826,237
920,594
1,039,111
Debt securities available-for-sale, at fair value
2,353,396
2,207,173
2,131,671
1,871,298
1,943,011
Debt securities held-to-maturity, at amortized cost
202,550
203,242
202,581
176,487
173,757
Other investments
100,718
85,443
70,644
69,910
65,630
Loans held for sale
496,629
623,152
604,136
544,091
545,388
Loans, net of unearned income
21,827,980
21,513,522
21,258,374
21,041,497
20,706,644
Allowance for credit losses
(354,682
)
(348,141
)
(345,294
)
(341,567
)
(345,555
)
Loans, net
21,473,298
21,165,381
20,913,080
20,699,930
20,361,089
Other real estate owned
3,091
2,918
3,137
1,825
863
Premises and equipment, net
216,397
213,097
211,567
211,434
207,895
Goodwill
1,015,646
1,015,646
1,015,646
1,015,646
1,015,646
Other intangible assets, net
51,430
54,824
58,703
62,582
66,658
Cash value of bank owned life insurance
424,164
420,583
417,096
414,381
410,890
Other assets
443,317
435,500
428,404
442,299
431,713
Total assets
$
28,109,935
$
27,515,879
$
27,099,829
$
26,680,153
$
26,514,940
Liabilities
Deposits
Noninterest-bearing
$
6,748,976
$
6,426,145
$
6,757,233
$
6,800,519
$
6,744,781
Interest-bearing
15,887,764
15,949,850
15,470,845
15,132,156
15,167,628
Total deposits
22,636,740
22,375,995
22,228,078
21,932,675
21,912,409
Other borrowings
887,974
558,039
337,094
376,700
276,744
Subordinated deferrable interest debentures
134,801
134,302
133,804
133,306
132,807
Other liabilities
368,293
371,515
384,152
319,794
369,178
Total liabilities
24,027,808
23,439,851
23,083,128
22,762,475
22,691,138
Shareholders' Equity
Preferred stock
—
—
—
—
—
Common stock
73,252
72,898
72,900
72,897
72,885
Capital stock
1,973,881
1,971,131
1,968,124
1,964,896
1,961,732
Retained earnings
2,307,358
2,210,385
2,115,712
2,023,493
1,927,489
Accumulated other comprehensive income (loss), net of tax
Ameris Bancorp (ABCB) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.28 per share a year ago.
While the top- and bottom-line numbers for Ameris Bancorp (ABCB) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ameris Bancorp (ABCB - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
As such, the Zacks rating upgrade for Ameris Bancorp is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
For Ameris Bancorp, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Ameris BancorpFor the fiscal year ending December 2026, this bank is expected to earn $6.70 per share, which is unchanged compared with the year-ago reported number.
Analysts have been steadily raising their estimates for Ameris Bancorp. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.5%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Ameris Bancorp to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Ameris Bancorp (ABCB - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Ameris Bancorp is one of 833 companies in the Finance group. The Finance group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Ameris Bancorp is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ABCB's full-year earnings has moved 3.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ABCB has returned 15.4% so far this year. Meanwhile, the Finance sector has returned an average of 1.4% on a year-to-date basis. This shows that Ameris Bancorp is outperforming its peers so far this year.
Another Finance stock, which has outperformed the sector so far this year, is Bread Financial Holdings (BFH - Free Report) . The stock has returned 19.6% year-to-date.
Over the past three months, Bread Financial Holdings' consensus EPS estimate for the current year has increased 13.7%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Ameris Bancorp is a member of the Banks - Southeast industry, which includes 53 individual companies and currently sits at #76 in the Zacks Industry Rank. On average, stocks in this group have gained 5.4% this year, meaning that ABCB is performing better in terms of year-to-date returns.
In contrast, Bread Financial Holdings falls under the Financial - Miscellaneous Services industry. Currently, this industry has 107 stocks and is ranked #101. Since the beginning of the year, the industry has moved -6.9%.
Going forward, investors interested in Finance stocks should continue to pay close attention to Ameris Bancorp and Bread Financial Holdings as they could maintain their solid performance.
, /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today reported financial results for the first quarter ended April 5, 2026.
First-Quarter Financial and Operating Highlights
Revenue increased 24% year over year, or 21% on a constant-currency basis, exceeding expectations due to broad-based strength across major end markets. Operating margin was 22.3%; Adjusted EBITDA margin reached 26.9%, expanding 1,010 basis points year over year and marking the seventh consecutive quarter of margin improvement. Net income per diluted share was $0.31; Adjusted diluted earnings per share of $0.34 increased 113% year over year, representing the seventh straight quarter of growth. Returned $113 million to shareholders in Q1 primarily through opportunistic share repurchases. Advancing AI vision innovation: introduced two breakthrough AI vision platforms – the In‑Sight® 6900 powered by NVIDIA and the In‑Sight® 3900 embedded AI vision system powered by Qualcomm. Successfully completed the divestiture of the Japan‑focused trading business as part of the announced portfolio optimization. "Since the CEO transition was announced a year ago, we've moved with urgency to focus our strategy, strengthen execution, and position Cognex for sustainable, profitable growth," said Matt Moschner, President and CEO. "This was evident in Q1, highlighted by the launch of two breakthrough AI vision systems, the completion of the trading business divestiture and continued execution toward our announced cost reduction target. We believe that this progress is clearly reflected in our Q1 results, with an exceptional start to the year and broad‑based outperformance during the quarter."
Mr. Moschner continued, "Our latest AI vision products reinforce our technology leadership and objective of becoming the #1 provider of AI‑powered machine vision. By combining our industry-leading AI vision tools with high-performance embedded systems and the scalability of OneVision™, we're enabling customers to solve more complex inspection challenges at the edge – faster, easier, and without the cost and complexity of PC-based architectures."
Dennis Fehr, CFO, added, "Our strong Q1 performance reflects disciplined execution and continued progress against our profitable growth strategy. As we continue to transform our operating model, we expect to drive higher productivity, support sustainable margin expansion, and reinforce our commitment to creating long‑term shareholder value."
Financial Performance Highlights for the First Quarter
(Dollars in millions, except per share amounts)
Three-months ended
April 05, 2026
March 30, 2025
Y/Y Change
Revenue
$268
$216
+24 %
Operating Income
$60
$26
+131 %
% of Revenue
22.3 %
12.1 %
+1,020 bps
Adjusted EBITDA*
$72
$36
100 %
% of Revenue
26.9 %
16.8 %
+1,010 bps
Net Income per Diluted Share
$0.31
$0.14
+121 %
Adjusted EPS (Diluted)*
$0.34
$0.16
+113 %
*Adjusted EBITDA and Adjusted EPS (Diluted) include non-GAAP adjustments. A reconciliation from GAAP to non-GAAP metrics is provided in this news release.
Revenue was $268 million, compared with $216 million in the first quarter of 2025, an increase of 24%. Excluding the impact of foreign currency exchange (FX), revenue increased 21% compared to the prior year. The year-over-year increase in revenue was driven by broad-based strength across major end markets. Gross margin was 71.1% compared to 66.8% in the first quarter of 2025. Adjusted gross margin of 71.8% compared to 67.6% in the first quarter of 2025, an increase of 420 basis points. The year-over-year increase was primarily driven by favorable mix and volume, slightly offset by tariffs. Operating expenses were $131 million compared to $118 million in the first quarter of 2025, an increase of 11%. Adjusted operating expenses were $125 million compared to $115 million in the first quarter of 2025, an increase of 9%. On a constant-currency basis, Adjusted operating expenses increased 4% year over year, driven by higher incentive compensation, partially offset by disciplined cost management. Operating income was $60 million compared to $26 million in the first quarter of 2025, an increase of 131%. Operating margin was 22.3% compared to 12.1% in the first quarter of 2025, an increase of 1,020 basis points. Adjusted operating margin was 25.2% compared to 14.4% in the first quarter of 2025, an increase of 1,080 basis points. Adjusted EBITDA was $72 million compared to $36 million in the first quarter of 2025, an increase of 100%. Adjusted EBITDA margin was 26.9% compared to 16.8% in the first quarter of 2025, an increase of 1,010 basis points. The year-over-year expansion was driven by revenue growth and favorable mix. Net income of $52 million compared to $24 million in the first quarter of 2025, an increase of 117%. Adjusted net income of $57 million compared to $27 million in the first quarter of 2025, an increase of 111%. Net income per diluted share was $0.31 compared to $0.14 in the first quarter of 2025, an increase of 121%. Adjusted diluted earnings per share were $0.34 compared to $0.16 in the first quarter of 2025, an increase of 113%. Balance Sheet and Cash Flow Highlights
As of April 5, 2026, Cognex's financial position remained strong, with $622 million in cash and investments and no debt. During the first quarter, Cognex generated $45 million of cash from operating activities compared to $41 million in the first quarter of 2025, an increase of 10%. During the first quarter, Cognex generated Free Cash Flow (FCF) of $42 million compared to $38 million in the first quarter of 2025, an increase of 11%. First quarter FCF conversion rate was 82% of net income and 74% of Adjusted net income. Trailing twelve-month FCF conversion rate was 169% of net income and 119% of Adjusted net income. Cognex repurchased $99 million of its common stock and paid $14 million in dividends to shareholders in the first quarter. Dividend
On May 6, 2026, Cognex's Board of Directors declared a quarterly cash dividend of $0.085 per share. The dividend is payable on June 4, 2026, to all shareholders of record at the close of business on May 21, 2026.
Guidance
Cognex issued second-quarter 2026 guidance; details are summarized in the table below.
(Dollars in millions, except per share amounts)
Q2 2026
Guidance
Q2 2025
Results
Y/Y
Change*
Revenue
$280 - $300
$249
+16.5 %
Adjusted EBITDA Margin1
28% - 31%
20.7 %
+880 bps
Adjusted Earnings Per Share (diluted)1
$0.40 - $0.44
$0.25
+68.0 %
*At the midpoint of guidance.
1Cognex has provided the forward-looking non-GAAP measures of adjusted EBITDA margin, and adjusted earnings per share (diluted), but cannot, without unreasonable effort, forecast such items to present or provide a reconciliation to corresponding forecasted GAAP measures. These include special items such as reorganization charges, acquisition and integration charges, and amortization of acquisition-related intangible assets, all of which are subject to limitations in predictability of timing, ultimate outcome and numerous conditions outside of Cognex's control. Additionally, these items are outside of Cognex's normal business operations and not used by management to assess Cognex's operating results. Cognex believes these limitations would result in a range of projected values so broad as to not be meaningful to investors. For these reasons, Cognex believes that the probable significance of such information is low. Information with respect to special items for certain historical periods is included in the section entitled "Reconciliation of Selected Items From GAAP to Non-GAAP". In Q2 2025 the GAAP operating margin was 17.4% and GAAP earnings per share (diluted) were $0.24.
Analyst Conference Call and Simultaneous Webcast
Cognex will host a conference call on May 7, 2026, at 8:30 a.m. Eastern Daylight Time (EDT). The telephone number is (877) 704-4573 or (201) 389-0911 if outside the United States. A real-time audio broadcast of the conference call or an archived recording, together with a slide presentation, will be accessible on the Events & Presentations page of the Cognex Investor website: www.cognex.com/investor. Forward-Looking Statements
Certain statements made in this release, as well as oral statements made by the Company from time to time, constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Readers can identify these forward-looking statements by our use of the words "expects," "anticipates," "estimates," "potential," "believes," "projects," "intends," "plans," "aims," "will," "may," "shall," "could," "should," "opportunity," "goal," "objective," "target," "milestone" and similar words and other statements of a similar sense. These statements are based on our current estimates and expectations as to prospective events and circumstances, which may or may not be in our control and as to which there can be no firm assurances given. These forward-looking statements, which include statements regarding business and market trends, future financial performance, financial targets, milestones and related timing expectations, the impacts of our strategic portfolio review, the impact of tariffs, customer demand and order rates and timing of related revenue, future product or revenue mix, research and development activities, sales and marketing activities including our salesforce transformation, new product offerings, innovation and product development activities, customer acceptance of our products, commercial partnerships, capital expenditures, cost management activities including expected annualized operating expense reductions, investments, liquidity, dividends and stock repurchases, strategic and growth plans and opportunities, acquisitions, and estimated tax benefits and expenses, changes in tax legislation, and other tax matters, involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include: (1) the technological obsolescence of current products and the inability to develop new products; (2) the impact of competitive pressures; (3) the inability to attract and retain skilled employees and effectively plan for succession, while maintaining our unique corporate culture; (4) the failure to properly manage the distribution of products and services; (5) economic, political, and other risks associated with international sales and operations, including the impact of trade disputes, the imposition of tariffs, the economic climate in China, and the wars and conflicts involving Iran, Ukraine, and Israel and those that may arise in the future in the geographies where we conduct business; (6) the challenges in integrating and achieving expected results from acquired businesses; (7) uncertainty surrounding our future capital needs; (8) the inability to effectively scale our operations and salesforce to support a significantly expanded customer base; (9) information security breaches and other cybersecurity threats; (10) the failure to comply with laws or regulations relating to data privacy, data protection, AI, or other automated technologies; (11) the inability to protect our proprietary technology and intellectual property; (12) the inability to manage direct and indirect disruptions to our supply chain, which could cause delays in obtaining components for our products at reasonable prices; (13) the failure to manufacture and deliver products in a timely manner; (14) the inability to obtain, or the delay in obtaining, components for our products at reasonable prices, including memory chips; (15) the inability to design and manufacture high-quality products; (16) the loss of, or curtailment of purchases by, large customers in the logistics, consumer electronics, or automotive end markets; (17) challenges in accurately forecasting our financial results due to seasonal and cyclical variations in customer purchasing patterns and economic and market volatility; (18) potential impairment charges with respect to our investments or acquired intangible assets; (19) exposure to additional tax liabilities, increases and fluctuations in our effective tax rate, and other tax matters; (20) fluctuations in foreign currency exchange rates and the use of derivative instruments; (21) unfavorable global economic conditions, including, without limitation, increases in interest rates, elevated inflation rates, and recession risks; (22) business disruptions from natural or man-made disasters, public health crises, or other events outside our control; (23) stock price volatility; (24) our involvement in time-consuming and costly litigation or activist shareholder activities; and (25) the failure to effectively transform our operating model, manage our expenses, and achieve expected cost reductions. The foregoing list should not be construed as exhaustive and we encourage readers to refer to the detailed discussion of risk factors included in Part I - Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Annual Report"), as updated by Part II - Item 1A of our Quarterly Report on Form 10-Q as filed with the SEC. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to subsequently revise forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date such statements are made.
COGNEX CORPORATION
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share amounts)
April 5, 2026
December 31, 2025
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents
$ 237,343
$ 262,925
Current investments
59,413
74,037
Accounts receivable, net of allowance for credit losses of $781 and $728 in 2026 and
2025, respectively
170,721
146,713
Unbilled revenue
16,401
16,980
Inventories
135,549
137,889
Prepaid expenses and other current assets
70,922
58,702
Total current assets
690,349
697,246
Non-current investments
325,186
305,339
Property, plant, and equipment, net
84,291
86,015
Operating lease assets
69,709
72,310
Goodwill
382,818
386,279
Intangible assets, net
67,140
81,100
Deferred income taxes
381,100
383,272
Other assets
5,025
4,994
Total assets
$ 2,005,618
$ 2,016,555
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable
$ 59,551
$ 50,203
Accrued expenses
77,399
91,397
Accrued income taxes
6,172
9,141
Deferred revenue and customer deposits
34,053
21,094
Operating lease liabilities
12,310
11,716
Total current liabilities
189,485
183,551
Non-current operating lease liabilities
61,707
64,870
Deferred income taxes
252,230
250,512
Reserve for income taxes
21,336
24,269
Other liabilities
1,891
1,452
Total liabilities
526,649
524,654
Shareholders' equity:
Preferred stock, $.01 par value – Authorized: 400 shares in 2026 and 2025,
respectively; no shares issued and outstanding
—
—
Common stock, $.002 par value – Authorized: 300,000 shares in 2026 and 2025,
respectively; issued and outstanding: 166,527 and 166,997 shares in 2026 and 2025,
respectively
333
334
Additional paid-in capital
1,194,927
1,138,708
Retained earnings
344,443
406,355
Accumulated other comprehensive loss, net of tax
(60,734)
(53,496)
Total shareholders' equity
1,478,969
1,491,901
Total liabilities and shareholders' equity
$ 2,005,618
$ 2,016,555
COGNEX CORPORATION
CONSOLIDATED STATEMENT OF OPERATIONS
(Unaudited)
(In thousands, except per share amounts)
Three-months Ended
April 5, 2026
March 30, 2025
Revenue
$ 268,437
$ 216,036
Cost of revenue (1)
77,498
71,713
Gross profit
190,939
144,323
Percentage of revenue
71.1 %
66.8 %
Research, development, and engineering expenses (1)
37,025
34,727
Percentage of revenue
13.8 %
16.1 %
Selling, general, and administrative expenses (1)
94,041
83,504
Percentage of revenue
35.0 %
38.7 %
Operating income
59,873
26,092
Percentage of revenue
22.3 %
12.1 %
Foreign currency gain (loss)
(1,345)
(2,453)
Investment income
4,836
3,990
Other income (expense)
(1,607)
169
Income before income tax expense
61,757
27,798
Income tax expense
10,053
4,195
Net income
$ 51,704
$ 23,603
Percentage of revenue
19.3 %
10.9 %
Net income per weighted-average common and common-equivalent share:
Basic
$ 0.31
$ 0.14
Diluted
$ 0.31
$ 0.14
Weighted-average common and common-equivalent shares outstanding:
Basic
166,514
169,265
Diluted
168,386
170,391
Cash dividends per common share
$ 0.085
$ 0.080
(1) Amounts include stock-based compensation expense, as follows:
Cost of revenue
$ 925
$ 668
Research, development, and engineering
5,094
4,696
Selling, general, and administrative
5,914
4,575
Total stock-based compensation expense
$ 11,933
$ 9,939
Non-GAAP Financial Measures
This press release includes certain non-GAAP financial measures, including adjusted gross profit and margin, adjusted operating expense, adjusted operating income and margin, adjusted EBITDA and margin, adjusted net income, adjusted earnings per share of common stock, diluted, adjusted effective tax rate, and free cash flow and free cash flow conversion rate. Cognex defines its non-GAAP metrics as follows:
Adjusted gross profit and margin: Gross margin adjusted for amortization of acquisition-related intangible assets, as well as, if applicable, restructuring charges, reorganization charges, acquisition and integration costs and one-time discrete events. Adjusted operating expense: Operating expense adjusted for amortization of acquisition-related intangible assets, as well as, if applicable, restructuring charges, reorganization charges, acquisition and integration costs and one-time discrete events. Adjusted operating income and margin: Operating income adjusted for amortization of acquisition-related intangible assets, as well as, if applicable, restructuring charges, reorganization charges, acquisition and integration costs and one-time discrete events. Adjusted EBITDA and margin: Operating income adjusted for amortization of acquisition-related intangible assets and depreciation, as well as, if applicable, restructuring charges, reorganization charges, acquisition and integration costs and one-time discrete events. Adjusted net income: Net income adjusted for amortization of acquisition-related intangible assets, as well as, if applicable, restructuring charges, reorganization charges, acquisition and integration costs, discrete tax items, tax impact on reconciling items and one-time discrete events (such as loss on sale of business). Adjusted earnings per share of common stock, diluted: Adjusted net income divided by diluted weighted average common and common-equivalent shares. Adjusted effective tax rate: Effective tax rate adjusted for discrete tax items and the net impact of the other non-GAAP adjustments. Free cash flow: Cash provided by operating activities less cash for capital expenditures. Free cash flow conversion rate: Free cash flow divided by adjusted net income. Cognex may disclose results on a constant-currency basis as one measure to evaluate its performance and compare results between periods as if the exchange rates had remained constant period-over-period.
Cognex believes these non-GAAP financial measures are helpful because they allow investors to more accurately compare results over multiple periods using the same methodology that management employs in its budgeting process, in its review of operating results, and for forecasting and planning for future periods. Cognex's definitions may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Furthermore, these measures have certain limitations in that they do not include the impact of certain non-recurring expenses that are reflected in our consolidated statement of operations that are necessary to run our business. Thus, our non-GAAP financial measures should be considered in addition to, not as substitutes for, or in isolation from, measures prepared in accordance with GAAP.
Please see the section "Reconciliation of Selected Items from GAAP to Non-GAAP" below for more detailed information regarding non-GAAP financial measures herein, including the items reflected in our adjusted financial metrics and a description of these adjustments.
COGNEX CORPORATION
RECONCILIATION OF SELECTED ITEMS FROM GAAP TO NON-GAAP
Dollars in thousands, except per share amounts
(Unaudited)
Three-months Ended
April 5,
2026
March 30,
2025
Gross profit (GAAP)
$ 190,939
$ 144,323
Acquisition and integration costs
216
242
Amortization of acquisition-related intangible assets
1,337
1,338
Reorganization charges
374
86
Adjusted gross profit
$ 192,866
$ 145,989
GAAP gross margin
71.1 %
66.8 %
Adjusted gross margin
71.8 %
67.6 %
Operating expense (GAAP)
$ 131,066
$ 118,231
Acquisition and integration costs
(15)
(538)
Amortization of acquisition-related intangible assets
(1,195)
(1,290)
Reorganization charges
(4,755)
(1,622)
Adjusted operating expense
$ 125,101
$ 114,781
Operating income (GAAP)
$ 59,873
$ 26,092
Acquisition and integration costs
231
780
Amortization of acquisition-related intangible assets
2,532
2,628
Reorganization charges
5,129
1,708
Adjusted operating income
$ 67,765
$ 31,208
GAAP operating margin
22.3 %
12.1 %
Adjusted operating margin
25.2 %
14.4 %
Depreciation (adjusted for amounts included in Acquisition and integration costs)
4,472
5,083
Adjusted EBITDA
$ 72,237
$ 36,291
Adjusted EBITDA margin
26.9 %
16.8 %
Net income (GAAP)
$ 51,704
$ 23,603
Acquisition and integration costs
231
780
Amortization of acquisition-related intangible assets
2,532
2,628
Reorganization charges
5,129
1,708
Loss on sale of business
1,539
—
Discrete tax (benefit) expense
(1,179)
(307)
Tax impact of reconciling items
(2,638)
(1,365)
Adjusted net income
$ 57,318
$ 27,047
Earnings per share of common stock, diluted (GAAP)
$ 0.31
$ 0.14
Acquisition and integration costs
—
—
Amortization of acquisition-related intangible assets
0.02
0.02
Reorganization charges
0.03
0.01
Loss on sale of business
0.01
—
Discrete tax (benefit) expense
(0.01)
—
Tax impact of reconciling items
(0.02)
(0.01)
Adjusted earnings per share of common stock, diluted
$ 0.34
$ 0.16
Effective tax rate (GAAP)
16.3 %
15.1 %
Discrete tax benefit (expense)
1.9 %
1.1 %
Net impact of other reconciling items
1.3 %
1.6 %
Adjusted effective tax rate
19.5 %
17.8 %
Cash provided by operating activities (GAAP)
$ 45,093
$ 40,502
Capital expenditures
(2,757)
(2,501)
Free cash flow
$ 42,336
$ 38,001
Description of adjustments:
In addition to reporting financial results in accordance with U.S. GAAP, the Company also provides various non-GAAP measures that incorporate adjustments for the impacts of special items. Adjustments incorporated in the preparation of these non-GAAP measures for the periods presented include the items described below:
Depreciation:
The company incurs expense related to its normal use of property, plant and equipment. Acquisition and integration costs:
The Company has incurred charges related to the purchase and integration of acquired businesses. During the periods presented, these costs were primarily related to the ongoing integration of Moritex Corporation, which the company acquired in the fourth quarter of 2023. Amortization of acquisition-related intangible assets:
The Company excludes the amortization of acquired intangible assets from non-GAAP expense and income measures. These items are inconsistent in amount and frequency and are significantly impacted by the timing and size of acquisitions, and include the amortization of customer relationships, completed technologies, and trademarks that originated from prior acquisitions. The largest driver of intangible asset amortization was the acquisition of Moritex Corporation. Reorganization charges:
The Company has incurred charges related to the reorganization of its employees. During the three-month period ended April 5, 2026, these costs consisted primarily of severance and consulting fees. Loss on sale of business:
The Company has recognized a pre-tax loss related to the divestiture of its Japan-focused trading business, which includes direct costs associated with the divestiture incurred during the three-month period ended April 5, 2026. Discrete tax (benefit) expense and tax impact of reconciling items:
Items unrelated to current period ordinary income or (loss) that generally relate to changes in tax laws, adjustments to prior period's actual liability determined upon filing tax returns, adjustments to previously recorded reserves for uncertain tax positions, establishments and adjustments of valuation allowances, stock based compensation, and adjustments to deferred tax positions. We estimate the tax effect of items identified in the reconciliation by applying the statutory tax rate to the pre-tax amount. About Cognex Corporation
For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to become faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods.
Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at cognex.com.
Investor Relations Contact:
Greer Aviv – Head of Investor Relations
Cognex Corporation
[email protected]
Cognex Corporation (CGNX) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.16 per share a year ago.
Key Takeaways CGNX beats Q1 estimates with $268M revenues (24% y/y) and 34 cents adjusted EPS.CGNX demand improved in electronics, semiconductor, packaging and logistics.CGNX launched In-Sight 6900/3900 AI vision systems and guided Q2 revenues of $280-$300M. Cognex (CGNX - Free Report) came up with a solid first-quarter 2026 earnings beat, reflecting broad-based factory automation strength and continued momentum in logistics. Adjusted earnings of 34 cents per share beat the Zacks Consensus Estimate by 36%. The company had reported earnings of 16 cents in the year-ago quarter.
Revenues came in at $268 million, up 24% year over year and beat the consensus mark by 9.84%.
CGNX Sees Strength Across Key End MarketsCognex said demand improved across major end markets, led by electronics, semiconductor and packaging, while logistics posted its ninth consecutive quarter of double-digit growth. Management pointed to Purchasing Managers’ Index readings in expansion territory as supportive of the near-term demand environment.
At the same time, management emphasized that Cognex remains a short-cycle business with limited visibility, especially into the second half. The company cited macro and geopolitical uncertainties that it continues to monitor, including energy costs, memory availability and pricing, and shifting interest-rate expectations.
Cognex Pushes AI With New In-Sight SystemsCognex highlighted two new embedded AI vision systems, In-Sight 6900 and In-Sight 3900, as key strategic milestones in advancing its edge-to-cloud AI vision ecosystem. Management said both systems are built on the same In-Sight Vision Suite Software platform and integrate with OneVision to support scalable AI deployments.
The company positioned In-Sight 6900 as a flexible controller for demanding, compute-intensive inspection applications, while describing In-Sight 3900 as a fast, easy-to-use embedded AI vision system designed to simplify advanced inspections. Cognex emphasized that these launches strengthen its presence in a significant portion of its served market and reinforce its goal of being the top provider of AI-powered machine vision.
CGNX Expands Margins on Mix and Operating LeverageThe company’s margin performance benefited from a favorable mix and volume, with adjusted gross margin rising 420 basis points (bps) year over year to 71.8%, despite a modest tariff headwind.
On costs, adjusted operating expenses rose 9% year over year to $125.1 million, reflecting higher incentive compensation and commissions tied to outperformance, as well as higher stock-based compensation. Management noted continued progress on cost actions, including reorganization charges of $4.8 million that were excluded from adjusted operating expense, and reiterated confidence in reaching its $35 million to $40 million annualized net cost reduction target by the end of 2026 (excluding forex).
Adjusted EBITDA margin was 26.9% for the reported quarter compared with 16.8% reported in the year-ago quarter.
Adjusted operating margin improved to 25.2% from 14.4% reported in the year-ago quarter.
Cognex Leans on Cash Generation and Shareholder ReturnsCognex ended the quarter with $622 million in cash and investments and no debt, keeping financial flexibility intact. Cash generation remained a key support, with trailing 12-month free cash flow conversion reported at 119% of adjusted net income.
Capital returns were also meaningful. Cognex returned $113 million to shareholders in the quarter, including $99 million of share repurchases and $14 million in dividends, and declared a quarterly dividend of 8.5 cents per share to be paid out on June 4 to holders of record as of May 21.
CGNX Issues Q2 Guidance, Explains Timing and BaselinesFor the second quarter, Cognex guided revenues in the range of $280-$300 million and adjusted earnings of 40-44 cents per share.
The company also forecast adjusted EBITDA margin of 28%-31%, framing the outlook around continued strength in broader factory automation markets and logistics, along with a seasonal step-up in consumer electronics.
Portfolio optimization actions, including the divestiture of the Japan-focused trading business and other noncore exits, are expected to reduce revenues by about $5 million in the second quarter and each of the next three quarters. The company also expects about $7 million of consumer electronics orders to shift into the second quarter from the third quarter due to customer timing, while the third quarter faces a $13 million year-over-year headwind from a one-time commercial partnership benefit recorded last year.
Zacks Rank & Stocks to ConsiderCognex currently carries a Zacks Rank #4 (Sell)
Some better-ranked stocks in the broader Zacks Computer and Technology sector that are set to report their quarterly results are Cisco Systems (CSCO - Free Report) , Applied Materials (AMAT - Free Report) and Keysight Technologies (KEYS - Free Report) . Keysight Technologies sports a Zacks Rank #1 (Strong Buy) at present, while both Cisco and Applied Materials carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Cisco, Applied Materials and Keysight Technologies are set to report their respective quarterly results on May 13, 14 and 19. Year to date, shares of Cisco, Applied Materials and Keysight Technologies have returned 19.7%, 59.9% and 74.8%, respectively.
Customers report faster deployment, improved throughput, and new levels of collaboration
, /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global leader in industrial machine vision, today announced the general availability of OneVision™, its collaborative AI vision development environment designed to simplify and scale AI-powered inspection across manufacturing operations.
Cognex OneVision: collaborative AI vision, at scale Since its beta launch in June 2025, more than 100 customers worldwide have used OneVision to accelerate AI-powered vision development and deployment, with many progressing from single-line applications to multi-site rollouts in days instead of months. This momentum reflects a broader shift as manufacturers move beyond isolated AI pilots toward connected, enterprise-wide inspection strategies.
"AI vision has long delivered value, but scaling it across operations has remained a barrier," said Matt Moschner, President and CEO of Cognex. "Manufacturers encounter recurring challenges—from fragmented workflows to models that don't adapt across environments. OneVision addresses this by unifying the simplicity of the edge with the scalability of the cloud, helping organizations move from isolated pilots to consistent, enterprise-wide deployment."
Cloud-to-Edge Architecture for Scalable AI Vision
OneVision addresses a persistent challenge in industrial AI: deploying advanced vision applications at enterprise scale without adding complexity or slowing production. This introduces a cloud-to-edge architecture, where AI models are trained, managed, and governed in the cloud, while inspection runs at the edge on Cognex vision systems for real-time, reliable execution. Customers can now centrally manage the entire AI lifecycle—from collecting and labeling production images to refining models—and deploy updates consistently across global fleets of devices. OneVision is optimized to work with Cognex's latest systems, including the In-Sight® 3900 and In-Sight® 6900.
"While OneVision leverages the cloud for development and management, runtime inspection remains fully edge-based," said Reto Wyss, Vice President of Vision Engineering at Cognex. "Once a model is deployed, no connectivity to the cloud is required. Production images stay local and latency is a non-issue."
By centralizing model development and management, OneVision helps manufacturers:
Standardize inspection processes across sites. Reduce duplication of work across teams. Reduce scaling costs by up to 50%. Maintain version control and consistency across deployments. Customer Success: From Pilots to Global Scale
Across industries including automotive, electronics, food and beverage, and healthcare, customers are seeing faster AI application development, improved throughput, and more consistent inspection results—while reducing reliance on specialized expertise and scaling deployments globally.
Essity – AI inspection development: from one year to one day
"With our previous approach, developing a reliable sealing inspection application took more than a year of iteration and tuning, and quality issues could lead to full batch returns and significant material waste," said Amin Tajeddine, Operational Technology and Digitization Manager. "Using OneVision, we were able to build and demonstrate a viable solution in less than a day. OneVision's simplicity and ease of use significantly reduced development effort and gives us confidence in how quickly AI vision applications can be scaled across our operations." Schneider Electric – Standardizing AI inspection for global scale
"OneVision allowed us to develop and validate AI inspection standards centrally and then deploy those same models across our worldwide operations," said Christophe Ernis, Smart Operation Manager, Product Power Division. "That approach helped us double yield, dramatically reduce false rejects, and reduce our dependence on specialized vision expertise. Most importantly, it gives us a repeatable way to scale best practices reliably across our factories." 3M – Improving speed and collaboration in AI vision development
"With OneVision, our engineers can quickly label real production images, build models, and deploy them to cameras with far less effort," said Scott Daniels, Senior Manufacturing Technology Engineer. With general availability now underway, Cognex expects momentum for OneVision to accelerate as manufacturers demand scalable AI vision to drive operational efficiency across global production networks.
About Cognex Corporation
For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to become faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods. Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at cognex.com.
Media Contact:
Liz Bradley – Head of Communications
Cognex Corporation
[email protected]
IR Contact:
Greer Aviv – Head of Investor Relations
Cognex Corporation
[email protected]
, /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today announced that Dennis Fehr, Chief Financial Officer, is scheduled to participate in a fireside chat at the TD Cowen 54th Annual Technology, Media & Telecom Conference in New York City on Wednesday, May 27, 2026, at 11:25 a.m. Eastern Time.
The live webcast and subsequent replay can be accessed from Cognex's Investor Relations website at www.cognex.com/investor.
About Cognex Corporation
For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to become faster, smarter, and more efficient through automation. Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods.
Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise. We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at cognex.com.
Investor Relations Contact:
Greer Aviv – Head of Investor Relations
Cognex Corporation
[email protected]
