Align Technology, Inc.
ALGN Healthcare Medical Instruments & Supplies
Align Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 0.90% from fiscal 2024. In the quarter to June 2026, revenue grew 4.32%, EPS fell 12.2% and free cash flow grew 85.8%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.
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Align Technology, Inc. (ALGN) Gross margin
Align Technology, Inc.'s gross margin over the twelve months to 30 June 2026 was 68.1%, up 0.9 percentage points from fiscal 2025 (67.2%). Over the past ten years it has ranged from 67.2% (fiscal 2025) to 75.8% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Medical Instruments & Supplies industry median of 54.3% and above the Healthcare sector median of 53.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 67.2% | (2.81) |
| FY2024 | 70.0% | (0.08) |
| FY2023 | 70.1% | (0.44) |
| FY2022 | 70.5% | (3.74) |
| FY2021 | 74.3% | 2.93 |
| FY2020 | 71.3% | (1.13) |
| FY2019 | 72.5% | (1.17) |
| FY2018 | 73.6% | (2.18) |
| FY2017 | 75.8% | 0.31 |
| FY2016 | 75.5% | (0.21) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 71.7% | 0.89 |
| Mar 2026 | 70.8% | 5.56 |
| Dec 2025 | 65.3% | 1.06 |
| Sep 2025 | 64.2% | (5.74) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ALGN Align Technology, Inc. | 68.1% |
| COO The Cooper Companies, Inc. compare | 65.9% |
| BLCO Bausch + Lomb Corporation compare | 61.4% |
| TFX Teleflex Incorporated compare | 54.9% |
| SOLV Solventum Corporation compare | 54.7% |
| RGEN Repligen Corporation compare | 53.5% |
| ATR AptarGroup, Inc. compare | 36.1% |
| AVTR Avantor, Inc. compare | 31.8% |
| BAX Baxter International Inc. compare | 30.1% |
| Medical Instruments & Supplies industry median | 54.3% |
| Healthcare sector median | 53.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ALGN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement