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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 2026-09-19

Align Technology Inc (ALGN) operates in the Health Care Supplies industry and is headquartered in Tempe, United States with about 20,435 employees. Its market capitalization is roughly $10 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 statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
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 %	68.1%	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)	$622M	$616M	$608M	$643M	$643M	$976M	$387M	$542M	$467M	$354M	$249M	$189M	$194M	$94M	$86M	$90M	$103M	($34M)	$16M	$34M	($38M)
Operating Margin %	15.0%	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	$414M	$410M	$421M	$445M	$362M	$772M	$1.8B	$443M	$400M	$231M	$190M	$144M	$146M	$64M	$59M	$67M	$74M	($31M)	$80M	$36M	($35M)
Net Margin %	10.0%	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	—	$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)	$5.75	$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)	—	73M	75M	77M	78M	80M	79M	80M	81M	82M	81M	82M	82M	83M	83M	80M	78M	69M	68M	71M	63M

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 statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$1.1B	$1.0B	$1.0B	$996M	$1.0B	$979M	$995M	$978M	$1.0B
Gross Profit	$757M	$737M	$688M	$639M	$708M	$680M	$697M	$682M	$723M
Gross Margin %	71.7%	70.8%	65.7%	64.2%	69.9%	69.5%	70.0%	69.7%	70.3%
Operating Income (EBIT)	$193M	$173M	$160M	$96M	$163M	$131M	$144M	$162M	$147M
Operating Margin %	18.3%	16.6%	15.2%	9.7%	16.1%	13.4%	14.5%	16.6%	14.3%
Net Income	$108M	$113M	$136M	$57M	$125M	$93M	$104M	$116M	$97M
Net Margin %	10.2%	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)	$1.51	$1.57	$1.89	$0.78	$1.72	$1.27	$1.39	$1.55	$1.28
Shares Outstanding (M)	—	72M	72M	72M	73M	74M	74M	75M	75M

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

ALGN Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$756M	$593M	$738M	$786M	$569M	$1.2B	$662M	$747M	$555M	$439M	$248M	$238M	$227M	$186M	$134M	$130M	$130M	$74M	$40M	$53M	($14M)
Capital Expenditures (CapEx)	$201M	$102M	$116M	$178M	$292M	$401M	$155M	$150M	$223M	$196M	$71M	$53M	$24M	$19M	$38M	$30M	$18M	$7M	$14M	$7M	$24M
Free Cash Flow (FCF)	$556M	$491M	$623M	$608M	$277M	$771M	$507M	$598M	$331M	$243M	$177M	$185M	$203M	$167M	$95M	$100M	$111M	$67M	$25M	$45M	($38M)
FCF Margin %	13.4%	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 flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$193M	$151M	$223M	$189M	$129M	$53M	$286M	$264M	$160M
Capital Expenditures (CapEx)	$36M	$31M	$67M	$67M	$25M	$25M	$23M	$30M	$53M
Free Cash Flow (FCF)	$157M	$120M	$157M	$122M	$103M	$27M	$263M	$234M	$106M
FCF Margin %	14.9%	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 sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$6.4B	$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)	—	$32M	$31M	$30M	$27M	$23M	$22M	$16M	$12M	$18M	$9M	$7M	$7M	$7M	$9M	$73M	$56M	$0M	$0M	$0M	$12M
Total Shareholders' Equity	$4.2B	$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.

ALGN Metric Deep Dives

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