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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%
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:PaymentsToAcquirePropertyPlantAndEquipment.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Net cash provided by operating activities343,799181,326
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions, net of cash acquired(18,963)
Purchase of property, plant and equipment(66,450)(46,768)
Investment in convertible notes(69,834)
Purchase of equity investments(100,491)(10,000)
Proceeds from sale of property, plant and equipment42,000
Net cash used in investing activities(213,738)(56,768)

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's capex?
Align Technology (ALGN) reported capex of $35.67M in Q2 2026.
How has Align Technology's capex changed year-over-year?
Align Technology's capex increased by 66.0% year-over-year, from $21.48M to $35.67M.
What is the long-term trend for Align Technology's capex?
Over 4 years (2021 to 2025), Align Technology's capex has grown at a -28.9% compound annual growth rate (CAGR), from $401.1M to $102.45M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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