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% quarter-over-quarter from 14.83% in Q4 2025.

Align Technology (ALGN) Operating Margin (2009 - 2026) Analysis & Trends

Align Technology (ALGN) has 18 years of Operating Margin data on file, last reported at 13.65% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 13.65%, up 26.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.59% (down 110.0% YoY), and the FY2025 annual result was 13.53%, down 167.0% from the prior year.
  • Operating Margin slipped to 13.65% in Q1 2026 per ALGN's latest filing, from 14.83% in the prior quarter.
  • Over five years, Operating Margin peaked at 20.35% in Q1 2022 and troughed at 9.67% in Q3 2025.
  • A 5-year average of 15.5% and a median of 15.45% in 2024 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 957 bps in 2022, then soared 543 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 12.5% in 2022, then jumped by 43 bps to 17.93% in 2023, then dropped by 19 bps to 14.48% in 2024, then gained by 2 bps to 14.83% in 2025, then decreased 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 30.87%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 1.97%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 5.74%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 34.92%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 20.96%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 4.04%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -2.87%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 13.65%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 2.44%
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 10.94%

Historic Data

Download Data
DateValue
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%