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Align Technology ALGN Systems and Services — Operating Income (Loss)

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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:OperatingIncomeLoss.

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
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
Systems and Services77,65285,737143,728144,200
Total segment income from operations$403,125$352,748$777,000$671,435

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's systems and services — operating income (loss)?
Align Technology (ALGN) reported systems and services — operating income (loss) of $77.65M in Q2 2026.
How has Align Technology's systems and services — operating income (loss) changed year-over-year?
Align Technology's systems and services — operating income (loss) decreased by 9.4% year-over-year, from $85.74M to $77.65M.
What is the long-term trend for Align Technology's systems and services — operating income (loss)?
Over 4 years (2021 to 2025), Align Technology's systems and services — operating income (loss) has grown at a 4.3% compound annual growth rate (CAGR), from $259.13M to $306.09M.
What does systems and services — operating income (loss) mean?
This metric represents the net operating result for the systems and services segment, accounting for both revenue generation and the associated costs of operations. It serves as a primary gauge for the segment's financial health and its contribution to the overall enterprise bottom line. A loss indicates that the costs of maintaining the segment's infrastructure and services exceed the revenue generated during the period.

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