Align Technology financials
$144.01−0.68%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.03B | $4.00B | $3.86B | $3.73B | $3.95B | $2.47B | $2.41B | $1.97B | $1.47B | $1.08B |
| Gross profit | $2.71B | $2.80B | $2.71B | $2.63B | $2.94B | $1.76B | $1.74B | $1.45B | $1.12B | $815.3M |
| Gross margin | 67.2% | 70.0% | 70.1% | 70.5% | 74.3% | 71.3% | 72.5% | 73.6% | 75.8% | 75.5% |
| Operating income | $545.8M | $607.6M | $643.3M | $642.6M | $976.4M | $387.2M | $565.5M | $466.6M | $353.6M | $248.9M |
| Net income | $410.4M | $421.4M | $445.1M | $361.6M | $772.0M | $1.78B | $442.8M | $400.2M | $231.4M | $189.7M |
| Net margin | 10.2% | 10.5% | 11.5% | 9.7% | 19.5% | 71.8% | 18.4% | 20.4% | 15.7% | 17.6% |
| Diluted EPS | $5.65 | $5.62 | $5.81 | $4.61 | $9.69 | $22.41 | $5.53 | $4.92 | $2.83 | $2.33 |
| EBITDA | $822.7M | $816.8M | $799.1M | $779.8M | $1.11B | $480.7M | $593.5M | $521.3M | $391.4M | $272.9M |
| Operating cash flow | $593.2M | $738.2M | $785.8M | $568.7M | $1.18B | $689.1M | $769.1M | $554.7M | $438.5M | $247.7M |
| Free cash flow | $490.8M | $622.7M | $608.1M | $276.8M | $776.0M | $534.2M | $619.4M | $331.4M | $242.8M | $177.1M |
| Diluted shares | 72.6M | 75.0M | 76.6M | 78.4M | 79.7M | 79.2M | 80.1M | 81.4M | 81.8M | 81.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.09B | $1.04B | $937.4M | $942.0M | $1.10B | $960.8M |
| Short-term investments | $0.00 | $0.00 | $35.3M | $57.5M | $72.0M | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B | $4.83B |
| Total liabilities | $2.18B | $2.36B | $2.45B | $2.35B | $2.32B | $1.60B |
| Shareholders' equity | $4.05B | $3.85B | $3.63B | $3.60B | $3.62B | $3.23B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology