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Align Technology ALGN Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

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Other financials

Income statement

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Revenue$1.0B+6.2%
Gross profit$736.6M+8.3%
Operating income$142.0M+8.3%
Net income$112.8M+21.0%
EPS (diluted)$1.57+23.6%

Balance sheet

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Cash & equivalents$1.1B+21.4%
Total debt$116.0M-2.1%
Total equity$4.1B+9.4%
Total assets$6.3B+3.5%

Cash flow

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Operating cash flow$151.0M+187%
CapEx$30.8M+21.7%
Free cash flow$120.3M+339%

Valuation

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Market cap$13.04B+4.5%
Enterprise value$12.1B+3.1%
P/E30.3×-0.1×
P/S3.2×0.0×

Profitability

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Gross margin67.6%-2.3pp
Operating margin13.6%-1.1pp
Net margin10.5%+0.2pp
FCF margin14.3%-1.6pp

Returns & leverage

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Return on equity10.8%0.0pp
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:OperatingLeaseRightOfUseAssetAmortizationExpense.

The official record: Align Technology’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Align Technology's non-cash lease expense?
Align Technology (ALGN) reported non-cash lease expense of $10.06M in Q1 2026.
How has Align Technology's non-cash lease expense changed year-over-year?
Align Technology's non-cash lease expense increased by 6.4% year-over-year, from $9.46M to $10.06M.
What is the long-term trend for Align Technology's non-cash lease expense?
Over 4 years (2021 to 2025), Align Technology's non-cash lease expense has grown at a 10.3% compound annual growth rate (CAGR), from $26.81M to $39.74M.
What does non-cash lease expense mean?
The non-cash cost associated with the usage of leased assets like offices or facilities.
How do you interpret non-cash lease expense?
Stable levels suggest consistent operational footprint, while significant changes indicate expansion or contraction of physical facilities.
How does non-cash lease expense compare across companies?
Consistent across companies with large physical footprints or corporate office requirements.