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Align Technology ALGN Operating Income

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Segments

By segment

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Clear Aligner$325.47M+21.9%
Systems and Services$77.65M-9.4%

Other financials

Income statement

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Revenue$1.1B+4.3%
Gross profit$757.4M+7.0%
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
Research and development102,03296,398200,690193,599
Legal settlements and contingencies38,71469,3464,178
Total operating expenses603,417545,0841,198,0491,094,092
Income from operations154,013163,033295,968294,133
Interest income and other income (expense), net:
Interest income4,6362,8598,5478,175
Other income (expense), net(9,956)7,624(6,936)11,650
Total interest income and other income (expense), net(5,320)10,4831,61119,825

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's operating income?
Align Technology (ALGN) reported operating income of $154.01M in Q2 2026.
How has Align Technology's operating income changed year-over-year?
Align Technology's operating income decreased by 5.5% year-over-year, from $163.03M to $154.01M.
What is the long-term trend for Align Technology's operating income?
Over 4 years (2021 to 2025), Align Technology's operating income has grown at a -13.5% compound annual growth rate (CAGR), from $976.4M to $545.76M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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