Align Technology (ALGN) Operating Margin (2009 - 2026)
Align Technology (ALGN) reported Operating Margin of 13.65% for Q1 2026, up 26.0% year-over-year from 10.83% in Q1 2025, and down 7.95% on a QoQ basis from 14.83% in Q4 2025.
Align Technology (ALGN) has 18 years of Operating Margin data on file, last reported at 13.65% in Q1 2026.
- Quarterly Operating Margin rose 26.0% year-over-year to 13.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.59% (down 110.0% YoY) and the FY2025 annual result came in at 13.53%, down 167.0% from the prior year.
- Operating Margin eased 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.
- The 5-year median for Operating Margin is 15.45% (2024), against an average of 15.5%.
- The widest annual swing landed in 2022, when Operating Margin plunged 957 bps; it then jumped 543 bps in 2023.
- Tracing ALGN's Operating Margin over 5 years: stood at 12.5% in 2022, then surged by 43 bps to 17.93% in 2023, then decreased by 19 bps to 14.48% in 2024, then increased by 2 bps to 14.83% in 2025, then fell by 8 bps to 13.65% in 2026.
- Per Business Quant, the three latest ALGN Operating Margin figures stand at 13.65% (Q1 2026), 14.83% (Q4 2025), and 9.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 30.87% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 1.97% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 34.92% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 20.96% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 4.04% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 20.78% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 13.65% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 2.44% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 10.94% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 8.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 16.14% |
| Jun 30, 2022 | 19.41% |
| Mar 31, 2022 | 20.35% |
| Dec 31, 2021 | 21.42% |
| Sep 30, 2021 | 25.71% |
| Jun 30, 2021 | 26.60% |
| Mar 31, 2021 | 25.20% |
| Dec 31, 2020 | 24.45% |
| Sep 30, 2020 | 24.12% |
| Jun 30, 2020 | -20.72% |
| Mar 31, 2020 | 12.69% |
| Dec 31, 2019 | 24.91% |
| Sep 30, 2019 | 20.94% |
| Jun 30, 2019 | 29.38% |
| Mar 31, 2019 | 15.97% |
| Dec 31, 2018 | 22.56% |
| Sep 30, 2018 | 24.78% |
| Jun 30, 2018 | 25.02% |
| Mar 31, 2018 | 22.47% |
| Dec 31, 2017 | 127.45% |
| Sep 30, 2017 | 25.63% |
| Jun 30, 2017 | 23.44% |
| Mar 31, 2017 | 19.87% |
| Dec 31, 2016 | 134.06% |
| Sep 30, 2016 | 22.28% |
| Jun 30, 2016 | 24.18% |
| Mar 31, 2016 | 22.34% |
| Dec 31, 2015 | 25.77% |
| Sep 30, 2015 | 18.32% |
| Jun 30, 2015 | 20.20% |
| Mar 31, 2015 | 24.70% |
| Dec 31, 2014 | 25.93% |
| Sep 30, 2014 | 27.15% |
| Jun 30, 2014 | 25.31% |
| Mar 31, 2014 | 23.14% |
| Dec 31, 2013 | 29.68% |
| Sep 30, 2013 | 25.21% |
| Jun 30, 2013 | 23.13% |
| Mar 31, 2013 | -24.79% |
| Dec 31, 2012 | 11.95% |
| Sep 30, 2012 | 3.30% |
| Jun 30, 2012 | 24.73% |
| Mar 31, 2012 | 20.73% |
| Dec 31, 2011 | 20.50% |
| Sep 30, 2011 | 20.90% |
| Jun 30, 2011 | 13.82% |
| Mar 31, 2011 | 20.05% |
| Dec 31, 2010 | 15.90% |
| Sep 30, 2010 | 22.85% |
| Jun 30, 2010 | 41.91% |
| Mar 31, 2010 | 22.97% |
| Dec 31, 2009 | 14.71% |
| Sep 30, 2009 | -75.94% |
| Jun 30, 2009 | 8.19% |