Align Technology Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,096	4,035	3,999	3,862	3,735	3,953
Revenue Growth (YoY)	2.89%	0.90%	3.54%	3.42%	-5.51%	59.90%
Cost of Revenue	1,328	1,324	1,200	1,155	1,101	1,017
Gross Profit	2,767	2,711	2,799	2,707	2,634	2,935
Selling, General & Admin	1,774	1,756	1,763	1,703	1,674	1,709
Research & Development	371.37	369.91	364.2	346.83	305.26	250.32
Other Operating Expenses	66.01	39.56	64.14	13.32	11.45	-
Total Operating Expenses	2,211	2,165	2,192	2,064	1,991	1,959
Operating Income	556.61	545.76	607.63	643.34	642.6	976.4
Interest Income	14.64	16.05	20.22	17.26	5.37	3.1
Other Non-Operating Income (Expense)	22.48	23.49	-18.89	-19.39	-48.91	32.92
Total Non-Operating Income (Expense)	37.12	39.53	1.33	-2.13	-43.54	36.02
Pretax Income	593.73	585.29	608.96	641.2	599.06	1,012
Provision for Income Taxes	163.84	174.94	187.6	196.15	237.48	240.4
Net Income	429.89	410.35	421.36	445.05	361.57	772.02
Net Income to Common	429.89	410.35	421.36	445.05	361.57	772.02
Net Income Growth	4.96%	-2.61%	-5.32%	23.09%	-53.16%	-56.53%
Shares Outstanding (Basic)	72	73	75	76	78	79
Shares Outstanding (Diluted)	72	73	75	77	78	80
Shares Change (YoY)	-3.25%	-3.21%	-2.06%	-2.36%	-1.57%	0.56%
EPS (Basic)	5.97	5.66	5.63	5.82	4.62	9.78
EPS (Diluted)	5.96	5.65	5.62	5.81	4.61	9.69
EPS Growth	8.56%	0.53%	-3.27%	26.03%	-52.42%	-56.76%
Shares Outstanding	71.62	71.36	73.85	75.08	77.27	78.71
Free Cash Flow	583.65	490.78	622.65	608.06	276.83	771.45
Free Cash Flow Growth	18.92%	-21.18%	2.40%	119.65%	-64.11%	52.08%
Free Cash Flow Per Share	8.10	6.76	8.30	7.94	3.53	9.68
Gross Margin	67.57%	67.19%	70.00%	70.08%	70.52%	74.26%
Operating Margin	13.59%	13.53%	15.19%	16.66%	17.21%	24.70%
Profit Margin	10.50%	10.17%	10.54%	11.52%	9.68%	19.53%
FCF Margin	14.25%	12.16%	15.57%	15.74%	7.41%	19.52%
EBITDA	811.45	783.19	752.66	785.74	768.39	1,085
EBITDA Margin	19.81%	19.41%	18.82%	20.34%	20.57%	27.45%
EBIT	556.61	545.76	607.63	643.34	642.6	976.4
EBIT Margin	13.59%	13.53%	15.19%	16.66%	17.21%	24.70%
Effective Tax Rate	27.59%	29.89%	30.81%	30.59%	39.64%	23.75%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q