Filing Flows

Filing Flows › Align Technology (ALGN) › Q2 2026 › vs Q2 2025

Align Technology (ALGN) Q2 2026 vs Q2 2025 (year over year)

Align Technology's revenue rose $43.7M (+4%) from $1.0B in Q2 2025 to $1.1B in Q2 2026. Gross margin 71.7% against 69.9% (+1.8 pts).

Align Technology, Q2 2026: revenue $1.1B (+4% year over year), operating margin 14.6%, net earnings $108M, operating cash flow $193M. The chart draws each line against Q2 2025, the increases inside each band.

Align Technology: what changed, Q2 2026 vs Q2 2025Align Technology: what changed, Q2 2026 vs Q2 2025Working capital & other−$83.5MOperating cash flow$64.1MOperating expenses$58.3MFree cash flow (OCF − capex)$49.9MGross profit$49.3MPre-tax earnings−$24.8MNet earnings−$16.3MOther expense, net$15.8MCapital expenditures$14.2MSG&A$14.0M

Margins

Q2 2026Q2 2025Change
Gross margin71.7%69.9%+1.8 pts
Operating margin14.6%16.1%-1.5 pts
Net margin10.3%12.3%-2.1 pts
Free cash flow margin14.9%10.6%+4.3 pts

Every line

LineQ2 2026Q2 2025Change%
Revenue$1.1B$1.0B$43.7M+4%
Gross profit$757M$708M$49.3M+7%
Cost of revenue$299M$304M−$5.6M-2%
Operating profit$154M$163M−$9.0M-6%
Operating expenses$603M$545M$58.3M+11%
Pre-tax earnings$149M$174M−$24.8M-14%
Other expense, net$5.3M−$10.5M$15.8M—
Research & development$102M$96.4M$5.6M+6%
SG&A$463M$449M$14.0M+3%
Net earnings$108M$125M−$16.3M-13%
Income tax$40.4M$48.9M−$8.5M-17%
Depreciation & amortization$40.1M$40.6M−$445K-1%
Share-based compensation$45.6M$48.2M−$2.6M-5%
Working capital & other$1.2M$84.7M−$83.5M-99%
Operating cash flow$193M$129M$64.1M+50%
Free cash flow (OCF − capex)$157M$107M$49.9M+47%
Capital expenditures$35.7M$21.5M$14.2M+66%

Questions

How much did Align Technology's revenue grow year over year in Q2 2026?

Align Technology's revenue rose $43.7M (+4%) from $1.0B in Q2 2025 to $1.1B in Q2 2026. Gross margin 71.7% against 69.9% (+1.8 pts).

Q2 2026 results → · Compare in the interactive Sankey →