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Align Technology ALGN Systems and Services — Operating Expenses

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Clear Aligner
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Other financials

Income statement

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Revenue$1.1B+4.3%
Gross profit$757.4M+7.0%
Operating income$154.0M-5.5%
Net income$108.3M-13.1%
EPS (diluted)$1.51-12.2%

Balance sheet

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Cash & equivalents$1.1B+22.3%
Total debt$120.8M-1.8%
Total equity$4.2B+8.2%
Total assets$6.4B+3.2%

Cash flow

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Operating cash flow$192.8M+49.8%
CapEx$35.7M+66.0%
Free cash flow$157.1M+46.6%

Valuation

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Market cap$12.52B+26.2%
Enterprise value$11.54B+26.2%
P/E30.3×+7.6×
P/S+0.5×

Profitability

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Gross margin68%-1.7pp
Operating margin13.2%-1.9pp
Net margin10%-1.0pp
FCF margin15.3%-0.6pp

Returns & leverage

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Return on equity10.2%-1.3pp
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 source filing: Align Technology’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001097149-26-000060
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total gross profit$757,430$708,117$1,494,017$1,388,225
Other Segment expenses
Clear Aligner$296,031$296,795$601,101$598,660
Systems and Services58,27458,574115,916118,130
Unallocated corporate expenses249,112189,715481,032377,302
Total operating expenses$603,417$545,084$1,198,049$1,094,092
Segment income from operations
Clear Aligner$325,473$267,011$633,272$527,235

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's systems and services — operating expenses?
Align Technology (ALGN) reported systems and services — operating expenses of $58.27M in Q2 2026.
How has Align Technology's systems and services — operating expenses changed year-over-year?
Align Technology's systems and services — operating expenses decreased by 0.5% year-over-year, from $58.57M to $58.27M.
What does systems and services — operating expenses mean?
The total costs incurred to operate the Systems and Services segment, excluding direct production costs, such as research and development, sales and marketing, and general administrative costs. This reflects the investment required to support and grow the segment's operations.

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