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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
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:SellingGeneralAndAdministrativeExpense.

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
Cost of net revenues298,762304,332602,262603,486
Gross profit757,430708,1171,494,0171,388,225
Operating expenses:
Selling, general and administrative462,671448,686928,013896,315
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

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's SG&A?
Align Technology (ALGN) reported SG&A of $462.67M in Q2 2026.
How has Align Technology's SG&A changed year-over-year?
Align Technology's SG&A increased by 3.1% year-over-year, from $448.69M to $462.67M.
What is the long-term trend for Align Technology's SG&A?
Over 4 years (2021 to 2025), Align Technology's SG&A has grown at a 0.7% compound annual growth rate (CAGR), from $1.71B to $1.76B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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