Align Technology (ALGN) Operating Margin (2009 - 2026)
Align Technology (ALGN) posted quarterly Operating Margin of 13.65% for Q1 2026, up 26.0% year-over-year from 10.83% in Q1 2025, and down 7.95% quarter-over-quarter from 14.83% in Q4 2025.
Align Technology (ALGN) Operating Margin (2009 - 2026) Analysis & Trends
Align Technology (ALGN) has reported Operating Margin for 18 consecutive years, with 13.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin rose 26.0% year-over-year to 13.65%; the TTM figure through Mar 2026 stood at 13.59% (down 110.0% YoY), while the FY2025 annual figure was 13.53%, down 167.0% from the prior year.
- Operating Margin fell to 13.65% in Q1 2026 per ALGN's latest filing, from 14.83% in the prior quarter.
- Across five years, Operating Margin topped out at 20.35% in Q1 2022 and bottomed at 9.67% in Q3 2025.
- Historically, Operating Margin has averaged 15.5% across 5 years, with a median of 15.45% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 957 bps — and 2023, when it soared 543 bps.
- Align Technology's Operating Margin stood at 12.5% in 2022, then surged by 43 bps to 17.93% in 2023, then slipped by 19 bps to 14.48% in 2024, then grew by 2 bps to 14.83% in 2025, then retreated by 8 bps to 13.65% in 2026.
- Business Quant data shows ALGN's Operating Margin at 13.65% in Q1 2026, 14.83% in Q4 2025, and 9.67% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 33.60% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 13.31% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 0.39% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 30.66% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 5.14% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 20.53% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 8.19% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -2.87% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 7.33% |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 14.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.58% |
| Mar 31, 2026 | 13.65% |
| Dec 31, 2025 | 14.83% |
| Sep 30, 2025 | 9.67% |
| Jun 30, 2025 | 16.10% |
| Mar 31, 2025 | 13.39% |
| Dec 31, 2024 | 14.48% |
| Sep 30, 2024 | 16.60% |
| Jun 30, 2024 | 14.30% |
| Mar 31, 2024 | 15.45% |
| Dec 31, 2023 | 17.93% |
| Sep 30, 2023 | 17.32% |
| Jun 30, 2023 | 17.16% |
| Mar 31, 2023 | 14.16% |
| Dec 31, 2022 | 12.50% |
| Sep 30, 2022 | 16.13% |
| Jun 30, 2022 | 19.41% |
| Mar 31, 2022 | 20.35% |
| Dec 31, 2021 | 21.42% |
| Sep 30, 2021 | 25.71% |