Align Technology, Inc. (ALGN)

Align Technology Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,983	3,999	3,862	3,735	3,953	2,472
Revenue Growth (YoY)	0.56%	3.54%	3.42%	-5.51%	59.90%	2.71%
Cost of Revenue	1,224	1,196	1,155	1,101	1,017	708.71
Gross Profit	2,758	2,803	2,708	2,634	2,935	1,763
Selling, General & Admin	1,739	1,763	1,703	1,674	1,709	1,201
Research & Development	381.75	364.2	346.83	305.26	250.32	175.31
Operating Expenses	2,121	2,127	2,050	1,980	1,959	1,376
Operating Income	637.32	675.56	657.35	654.05	976.4	387.17
Interest & Investment Income	19.95	20.22	17.26	5.37	3.1	3.13
Currency Exchange Gain (Loss)	-59	-21	-7	-43.8	-13.3	6.8
Other Non Operating Income (Expenses)	48.03	-7.87	-7.4	-5.11	2.82	-7.95
EBT Excluding Unusual Items	646.29	666.91	660.21	610.51	969.02	389.15
Merger & Restructuring Charges	-75.64	-36.97	-14.02	-11.45	-	-10.2
Gain (Loss) on Sale of Investments	5.92	9.99	-4.99	-	-	-
Legal Settlements	-3.95	-30.97	-	-	43.4	-
Pretax Income	549.47	608.96	641.2	599.06	1,012	378.95
Income Tax Expense	171.07	187.6	196.15	237.48	240.4	-1,397
Net Income	378.4	421.36	445.05	361.57	772.02	1,776
Net Income to Common	378.4	421.36	445.05	361.57	772.02	1,776
Net Income Growth	-14.31%	-5.32%	23.09%	-53.16%	-56.53%	301.08%
Shares Outstanding (Basic)	73	75	76	78	79	79
Shares Outstanding (Diluted)	73	75	77	78	80	79
Shares Change (YoY)	-2.66%	-2.06%	-2.36%	-1.57%	0.56%	-1.09%
EPS (Basic)	5.17	5.63	5.82	4.62	9.78	22.55
EPS (Diluted)	5.16	5.62	5.81	4.61	9.69	22.41
EPS Growth	-11.97%	-3.27%	26.03%	-52.42%	-56.76%	305.24%
Free Cash Flow	566.63	622.65	608.06	276.83	771.45	507.26
Free Cash Flow Per Share	7.73	8.30	7.94	3.53	9.68	6.40
Gross Margin	69.25%	70.09%	70.10%	70.52%	74.26%	71.33%
Operating Margin	16.00%	16.89%	17.02%	17.51%	24.70%	15.66%
Profit Margin	9.50%	10.54%	11.52%	9.68%	19.53%	71.84%
Free Cash Flow Margin	14.23%	15.57%	15.74%	7.41%	19.52%	20.52%
EBITDA	810.89	820.6	799.76	779.84	1,085	480.71
EBITDA Margin	20.36%	20.52%	20.71%	20.88%	27.45%	19.45%
D&A For EBITDA	173.57	145.03	142.4	125.79	108.73	93.54
EBIT	637.32	675.56	657.35	654.05	976.4	387.17
EBIT Margin	16.00%	16.89%	17.02%	17.51%	24.70%	15.66%
Effective Tax Rate	31.13%	30.81%	30.59%	39.64%	23.75%	-
Advertising Expenses	-	185	201.2	222	325.6	-

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q