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) Operating margin
Align Technology, Inc.'s operating margin over the twelve months to 30 June 2026 was 13.2%, down 0.3 percentage points from fiscal 2025 (13.5%). Over the past ten years it has ranged from 13.5% (fiscal 2025) to 24.7% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Medical Instruments & Supplies industry median of 1.07% and above the Healthcare sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 13.5% | (1.66) |
| FY2024 | 15.2% | (1.47) |
| FY2023 | 16.7% | (0.55) |
| FY2022 | 17.2% | (7.49) |
| FY2021 | 24.7% | 9.04 |
| FY2020 | 15.7% | (6.88) |
| FY2019 | 22.5% | (1.19) |
| FY2018 | 23.7% | (0.27) |
| FY2017 | 24.0% | 0.95 |
| FY2016 | 23.1% | 0.74 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 14.6% | 0.93 |
| Mar 2026 | 13.7% | (1.18) |
| Dec 2025 | 14.8% | 5.16 |
| Sep 2025 | 9.67% | (6.43) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| SOLV Solventum Corporation compare | 25.0% |
| ALGN Align Technology, Inc. | 13.2% |
| COO The Cooper Companies, Inc. compare | 12.8% |
| ATR AptarGroup, Inc. compare | 12.1% |
| RGEN Repligen Corporation compare | 8.23% |
| BLCO Bausch + Lomb Corporation compare | 6.07% |
| TFX Teleflex Incorporated compare | 1.97% |
| BAX Baxter International Inc. compare | −2.39% |
| AVTR Avantor, Inc. compare | −4.59% |
| Medical Instruments & Supplies industry median | 1.07% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ALGN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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