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Align Technology ALGN Operating margin

Operating margin at other companies

3M logo
3MMMM
19.1%-1.0pp
Solventum logo
SolventumSOLV
25.5%+15.8pp
Globus Medical logo
Globus MedicalGMED
17.2%+7.0pp
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
12.6%-1.1pp
Intuitive Surgical logo
Intuitive SurgicalISRG
30.5%+2.3pp
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
14%-3.0pp

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
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

Calculated from Align Technology’s reported figures.

Based on trailing twelve months.

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 operating margin?
Align Technology (ALGN) reported operating margin of 13.6% in Q1 2026.
How has Align Technology's operating margin changed year-over-year?
Align Technology's operating margin decreased by 7.5% year-over-year, from 14.7% to 13.6%.
What is the long-term trend for Align Technology's operating margin?
Over 5 years (2020 to 2025), Align Technology's operating margin has grown at a -2.9% compound annual growth rate (CAGR), from 15.7% to 13.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.