Align Technology Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,095	1,044	937.44	942.05	1,099
Short-Term Investments	-	-	35.3	57.53	71.97
Cash & Short-Term Investments	1,095	1,044	972.74	999.58	1,171
Cash Growth	4.89%	7.31%	-2.69%	-14.66%	21.91%
Accounts Receivable	1,102	995.69	903.42	859.69	897.2
Other Receivables	-	34.03	143.73	140.48	93.61
Receivables	1,102	1,030	1,047	1,000	990.81
Inventory	226.34	254.29	296.9	338.75	230.23
Prepaid Expenses	165.57	82.98	52.49	69.12	70.22
Other Current Assets	27.98	81.58	77.34	16.76	31.48
Total Current Assets	2,617	2,492	2,447	2,424	2,494
Property, Plant & Equipment	1,240	1,385	1,409	1,351	1,203
Long-Term Investments	-	-	8.02	41.98	125.32
Goodwill	491.83	442.63	419.53	407.55	418.55
Other Intangible Assets	93.93	103.49	82.12	95.72	109.71
Long-Term Deferred Tax Assets	1,514	1,557	1,590	1,572	1,534
Long-Term Deferred Charges	-	25.8	25.1	27.4	31.1
Other Long-Term Assets	278.05	208.36	103.58	28.43	26.41
Total Assets	6,234	6,215	6,084	5,948	5,942
Accounts Payable	121.45	108.69	113.13	127.87	163.89
Accrued Expenses	536.75	473.64	411.98	333.56	488.03
Current Portion of Leases	-	31.06	29.65	26.57	22.72
Current Income Taxes Payable	-	48.81	38.1	74.32	33.84
Current Unearned Revenue	1,262	1,331	1,428	1,344	1,153
Other Current Liabilities	-	44.67	46.04	19.92	62.73
Total Current Liabilities	1,920	2,038	2,067	1,926	1,924
Long-Term Leases	82.51	88.21	96.97	100.33	102.66
Long-Term Unearned Revenue	-	102.16	138	160.66	136.68
Other Long-Term Liabilities	182.02	134.21	151.81	159.71	155.99
Total Liabilities	2,185	2,363	2,453	2,347	2,319
Common Stock	4,049	0.01	0.01	0.01	0.01
Additional Paid-In Capital	-	1,362	1,162	1,045	999.01
Retained Earnings	-	2,484	2,447	2,567	2,619
Comprehensive Income & Other	-	5.98	21.17	-10.28	4.33
Shareholders' Equity	4,049	3,852	3,630	3,601	3,623
Total Liabilities & Equity	6,234	6,215	6,084	5,948	5,942
Total Debt	82.51	119.28	126.62	126.91	125.38
Net Cash (Debt)	1,012	924.61	854.15	914.65	1,171
Net Cash Growth	9.50%	8.25%	-6.62%	-21.91%	33.91%
Net Cash Per Share	13.95	12.33	11.16	11.66	14.70
Filing Date Shares Outstanding	71.68	73.6	75.1	76.61	78.8
Total Common Shares Outstanding	71.68	73.85	75.08	77.27	78.71
Working Capital	696.55	454.41	380.01	498.5	570
Book Value Per Share	56.49	52.16	48.36	46.61	46.03
Tangible Book Value	3,463	3,306	3,129	3,098	3,094
Tangible Book Value Per Share	48.31	44.77	41.68	40.10	39.31
Land	-	63.88	63.88	58.89	58.87
Buildings	-	529.72	517.55	466	310.34
Machinery	-	1,008	826.63	686.71	524.85
Construction In Progress	-	133.68	245.72	285.2	367.69
Leasehold Improvements	-	62.17	62.22	64.24	61.29

Source: S&P Global Market Intelligence. Standard template. Financial Sources.