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Segments

By geography

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U.S.$493.58M
Switzerland$200.34M

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
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:PropertyPlantAndEquipmentNet.

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 itemJune 30,2026December 31,2025
Prepaid expenses and other current assets199,826165,571
Assets held for sale27,983
Total current assets2,663,0492,616,562
Property, plant and equipment, net1,114,2611,131,453
Operating lease right-of-use assets, net115,364108,322
Goodwill497,301491,833
Intangible assets, net94,92793,933
Deferred tax assets1,479,8641,513,542

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's PP&E (net)?
Align Technology (ALGN) reported PP&E (net) of $1.11B in Q2 2026.
How has Align Technology's PP&E (net) changed year-over-year?
Align Technology's PP&E (net) decreased by 11.6% year-over-year, from $1.26B to $1.11B.
What is the long-term trend for Align Technology's PP&E (net)?
Over 5 years (2020 to 2025), Align Technology's PP&E (net) has grown at a 9.0% compound annual growth rate (CAGR), from $734.72M to $1.13B.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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