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Align Technology ALGN Clear Aligner — Operating Expenses

Other segment segments

Systems and Services
$57.64M-3.2%

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Other financials

Income statement

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Revenue$1.0B+6.2%
Gross profit$736.6M+8.3%
Operating income$142.0M+8.3%
Net income$112.8M+21.0%
EPS (diluted)$1.57+23.6%

Balance sheet

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Cash & equivalents$1.1B+21.4%
Total debt$116.0M-2.1%
Total equity$4.1B+9.4%
Total assets$6.3B+3.5%

Cash flow

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Operating cash flow$151.0M+187%
CapEx$30.8M+21.7%
Free cash flow$120.3M+339%

Valuation

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Market cap$13.04B+4.5%
Enterprise value$12.1B+3.1%
P/E30.3×-0.1×
P/S3.2×0.0×

Profitability

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Gross margin67.6%-2.3pp
Operating margin13.6%-1.1pp
Net margin10.5%+0.2pp
FCF margin14.3%-1.6pp

Returns & leverage

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Return on equity10.8%0.0pp
Debt / equity0.0×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by Align Technology in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Align Technology’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Align Technology's clear aligner — operating expenses?
Align Technology (ALGN) reported clear aligner — operating expenses of $305.07M in Q1 2026.
How has Align Technology's clear aligner — operating expenses changed year-over-year?
Align Technology's clear aligner — operating expenses increased by 1.1% year-over-year, from $301.87M to $305.07M.
What does clear aligner — operating expenses mean?
The total overhead and operational costs required to run the clear aligner business.
How do you interpret clear aligner — operating expenses?
Increasing expenses may signal investment in future growth, but excessive growth relative to revenue can indicate operational inefficiency.
How does clear aligner — operating expenses compare across companies?
Standard operating expense reporting; peers in high-growth sectors often have higher R&D and marketing spend.