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Align Technology ALGN Free cash flow margin

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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

Returns & leverage

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Return on equity10.2%-1.3pp
Debt / equity0.0×
Current ratio1.4×+0.2×

Where this comes from

Calculated from Align Technology’s reported figures.

Based on trailing twelve months.

The source filing: Align Technology’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001097149-26-000060

FAQ

What is Align Technology's free cash flow margin?
Align Technology (ALGN) reported free cash flow margin of 15.3% in Q2 2026.
How has Align Technology's free cash flow margin changed year-over-year?
Align Technology's free cash flow margin decreased by 3.9% year-over-year, from 15.9% to 15.3%.
What is the long-term trend for Align Technology's free cash flow margin?
Over 5 years (2020 to 2025), Align Technology's free cash flow margin has grown at a -9.9% compound annual growth rate (CAGR), from 20.5% to 12.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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