Align Technology Income Statement

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
Revenue	4,035	3,999	3,862	3,735	3,953
Revenue Growth (YoY)	0.90%	3.54%	3.42%	-5.51%	59.90%
Cost of Revenue	1,324	1,200	1,155	1,101	1,017
Gross Profit	2,711	2,799	2,707	2,634	2,935
Selling, General & Admin	1,756	1,763	1,703	1,674	1,709
Research & Development	369.91	364.2	346.83	305.26	250.32
Other Operating Expenses	39.56	64.14	13.32	11.45	-
Total Operating Expenses	2,165	2,192	2,064	1,991	1,959
Operating Income	545.76	607.63	643.34	642.6	976.4
Interest Income	16.05	20.22	17.26	5.37	3.1
Other Non-Operating Income (Expense)	23.49	-18.89	-19.39	-48.91	32.92
Total Non-Operating Income (Expense)	39.53	1.33	-2.13	-43.54	36.02
Pretax Income	585.29	608.96	641.2	599.06	1,012
Provision for Income Taxes	174.94	187.6	196.15	237.48	240.4
Net Income	410.35	421.36	445.05	361.57	772.02
Net Income to Common	410.35	421.36	445.05	361.57	772.02
Net Income Growth	-2.61%	-5.32%	23.09%	-53.16%	-56.53%
Shares Outstanding (Basic)	73	75	76	78	79
Shares Outstanding (Diluted)	73	75	77	78	80
Shares Change (YoY)	-3.21%	-2.06%	-2.36%	-1.57%	0.56%
EPS (Basic)	5.66	5.63	5.82	4.62	9.78
EPS (Diluted)	5.65	5.62	5.81	4.61	9.69
EPS Growth	0.53%	-3.27%	26.03%	-52.42%	-56.76%
Shares Outstanding	71.36	73.85	75.08	77.27	78.71
Free Cash Flow	490.78	622.65	608.06	276.83	771.45
Free Cash Flow Growth	-21.18%	2.40%	119.65%	-64.11%	52.08%
Free Cash Flow Per Share	6.76	8.30	7.94	3.53	9.68
Gross Margin	67.19%	70.00%	70.08%	70.52%	74.26%
Operating Margin	13.53%	15.19%	16.66%	17.21%	24.70%
Profit Margin	10.17%	10.54%	11.52%	9.68%	19.53%
FCF Margin	12.16%	15.57%	15.74%	7.41%	19.52%
EBITDA	783.19	752.66	785.74	768.39	1,085
EBITDA Margin	19.41%	18.82%	20.34%	20.57%	27.45%
EBIT	545.76	607.63	643.34	642.6	976.4
EBIT Margin	13.53%	15.19%	16.66%	17.21%	24.70%
Effective Tax Rate	29.89%	30.81%	30.59%	39.64%	23.75%

Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q