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Align Technology Inc (ALGN) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · Health Care Supplies · DATA UPDATED 2026-07-19

Align Technology Inc (ALGN) operates in the Health Care Supplies industry and is headquartered in Tempe, United States with about 20,275 employees. Its market capitalization is roughly $12 billion. In the fiscal year ended 2025-12-31, ALGN reported $4.0B in revenue and $410M in net income.

Align Technology, Inc. provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Interactive charts & full statements → Open the ALGN valuation workbench →

ALGN Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$4.1B$4.0B$4.0B$3.9B$3.7B$4.0B$2.5B$2.4B$2.0B$1.5B$1.1B$845M$762M$660M$560M$480M$387M$312M$304M$284M$206M
Gross Profit$2.8B$2.8B$2.8B$2.7B$2.6B$2.9B$1.8B$1.7B$1.4B$1.1B$815M$640M$578M$498M$416M$361M$303M$233M$225M$209M$142M
Gross Margin %67.7%68.3%70.0%70.1%70.5%74.3%71.3%72.5%73.6%75.8%75.5%75.7%75.9%75.4%74.4%75.3%78.4%74.8%74.1%73.6%68.6%
Operating Income (EBIT)$592M$616M$608M$643M$643M$976M$387M$542M$467M$354M$249M$189M$194M$94M$86M$90M$103M($34M)$16M$34M($38M)
Operating Margin %14.4%15.3%15.2%16.7%17.2%24.7%15.7%22.5%23.7%24.0%23.1%22.3%25.4%14.3%15.3%18.8%26.5%-10.9%5.1%11.9%-18.2%
Net Income$430M$410M$421M$445M$362M$772M$1.8B$443M$400M$231M$190M$144M$146M$64M$59M$67M$74M($31M)$80M$36M($35M)
Net Margin %10.5%10.2%10.5%11.5%9.7%19.5%71.8%18.4%20.3%15.7%17.6%17.0%19.1%9.7%10.5%13.9%19.2%-10.0%26.3%12.6%-16.9%
EBITDA$910M$766M$817M$643M$780M$1.1B$481M$593M$521M$391M$273M$207M$211M$178M$140M$108M$121M($21M)$30M$47M($27M)
Earnings Per Share (EPS)$5.97$5.65$5.62$5.81$4.61$9.69$22.41$5.53$4.92$2.83$2.33$1.77$1.77$0.78$0.71$0.83$0.95$-0.45$1.18$0.50$-0.55
Shares Outstanding (M)72M73M75M77M78M80M79M80M81M82M81M82M82M83M83M80M78M69M68M71M63M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ALGN Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$1.0B$1.0B$996M$1.0B$979M$995M$978M$1.0B
Gross Profit$737M$688M$639M$708M$680M$697M$682M$723M
Gross Margin %70.8%65.7%64.2%69.9%69.5%70.0%69.7%70.3%
Operating Income (EBIT)$173M$160M$96M$163M$131M$144M$162M$147M
Operating Margin %16.6%15.2%9.7%16.1%13.4%14.5%16.6%14.3%
Net Income$113M$136M$57M$125M$93M$104M$116M$97M
Net Margin %10.8%13.0%5.7%12.3%9.5%10.4%11.9%9.4%
EBITDA$205M$279M$212M$214M$174M$215M$200M$214M
Earnings Per Share (EPS)$1.57$1.89$0.78$1.72$1.27$1.39$1.55$1.28
Shares Outstanding (M)72M72M72M73M74M74M75M75M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ALGN Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$692M$593M$738M$786M$569M$1.2B$662M$747M$555M$439M$248M$238M$227M$186M$134M$130M$130M$74M$40M$53M($14M)
Capital Expenditures (CapEx)$189M$102M$116M$178M$292M$401M$155M$150M$223M$196M$71M$53M$24M$19M$38M$30M$18M$7M$14M$7M$24M
Free Cash Flow (FCF)$502M$491M$623M$608M$277M$771M$507M$598M$331M$243M$177M$185M$203M$167M$95M$100M$111M$67M$25M$45M($38M)
FCF Margin %12.3%12.2%15.6%15.7%7.4%19.5%20.5%24.8%16.9%16.5%16.4%21.8%26.6%25.2%17.0%20.9%28.8%21.4%8.4%16.0%-18.4%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ALGN Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$151M$223M$189M$129M$53M$286M$264M$160M
Capital Expenditures (CapEx)$31M$67M$67M$25M$25M$23M$30M$53M
Free Cash Flow (FCF)$120M$157M$122M$103M$27M$263M$234M$106M
FCF Margin %11.6%14.9%12.3%10.2%2.8%26.4%23.9%10.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ALGN Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$6.3B$6.2B$6.2B$6.1B$5.9B$5.9B$4.8B$2.5B$2.1B$1.8B$1.4B$1.2B$988M$832M$756M$649M$477M$355M$279M$223M$152M
Cash & Cash Equivalents$1.1B$1.1B$1.0B$937M$942M$1.1B$961M$550M$637M$450M$389M$168M$200M$243M$306M$241M$295M$166M$87M$89M$55M
Total Liabilities$2.2B$2.2B$2.4B$2.5B$2.3B$2.3B$1.6B$1.2B$800M$627M$401M$311M$235M$198M$175M$158M$99M$82M$61M$62M$68M
Total Debt (Short + Long-Term)$33M$32M$31M$30M$27M$23M$22M$16M$12M$18M$9M$7M$7M$7M$9M$73M$56M$0M$0M$0M$12M
Total Shareholders' Equity$4.1B$4.0B$3.9B$3.6B$3.6B$3.6B$3.2B$1.3B$1.3B$1.1B$995M$848M$753M$634M$581M$491M$378M$273M$219M$161M$84M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive ALGN viewer.

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