Align Technology, Inc. stock research
FY2026 Q1
Align Technology (ALGN) Gross Margin & Quarterly History
Explore Align Technology, Inc. (ALGN) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue was stable compared to the prior quarter and higher than the same quarter last year. Gross profit improved relative to both periods, while cost of revenue was lower than the prior quarter but slightly higher than a year ago, resulting in a gross margin that strengthened sequentially and improved year-over-year.
- The gross margin improved sequentially and year-over-year, driven by a lower cost of revenue relative to revenue compared to the prior quarter, and a higher gross profit relative to revenue compared to the same quarter last year.
- Compared to the immediately preceding quarter, revenue was stable, gross profit was higher, cost of revenue was lower, and gross margin improved. Compared to the same quarter one year earlier, revenue was higher, gross profit was higher, cost of revenue was slightly higher, and gross margin improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
70.8%
Gross profit
$736.6M
Revenue
$1.0B
Cost of revenue
$303.5M
Quarter-over-quarter change
+5.6 pts
Year-over-year change
+1.4 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $1.0B | $708.1M | $304.3M | 69.9% |
| Sep 30, 2025 | $995.7M | $639.2M | $356.5M | 64.2% |
| Dec 31, 2025 | $1.0B | $683.6M | $364.0M | 65.3% |
| Mar 31, 2026 | $1.0B | $736.6M | $303.5M | 70.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+5.6 pts
Year-over-year change
Mar 31, 2025
+1.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin improved sequentially and year-over-year, driven by a lower cost of revenue relative to revenue compared to the prior quarter, and a higher gross profit relative to revenue compared to the same quarter last year.
Compared to the immediately preceding quarter, revenue was stable, gross profit was higher, cost of revenue was lower, and gross margin improved. Compared to the same quarter one year earlier, revenue was higher, gross profit was higher, cost of revenue was slightly higher, and gross margin improved.
Monitor the trend in cost of revenue, which was lower sequentially but slightly higher year-over-year, as its movement relative to revenue directly affects gross margin.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Align Technology, Inc. (ALGN) | 70.8% |