Align Technology, Inc. (ALGN)
NASDAQ: ALGN · Real-Time Price · USD
172.08
-2.18 (-1.25%)
At close: Nov 11, 2026, 4:00 PM EST
173.98
+1.90 (1.10%)
Pre-market: Nov 12, 2026, 8:15 AM EST

Align Technology Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,1594,0353,9993,8623,7353,953
Revenue Growth
4.42%0.90%3.54%3.42%-5.51%59.90%
Gross Profit
2,9752,8192,7992,7072,6342,935
Operating Income
816.88692.97671.76656.65654.05976.4
Net Income
491.87410.35421.36445.05361.57772.02
Earnings Per Share
6.875.655.625.814.619.69
EPS Growth
33.05%0.53%-3.27%26.03%-52.42%-56.76%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Americas Clear Aligner
--1,4261,4631,4721,549
International Clear Aligner
--1,5011,4491,3491,499
Non-Case Clear Aligner
--303.26286.9251.69199.6
Systems and Services
754.29789.56768.89662.93662.05705.5
Revenue (Total)
4,1594,0353,9993,8623,7353,953

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,1451,0951,044980.761,0421,297
Total Debt
146.46114.45119.28126.62126.91125.38
Net Cash (Debt)
998.47980.46924.61854.15914.651,171
Net Cash Growth
13.04%6.04%8.25%-6.62%-21.91%33.91%
Net Cash Per Share
13.9613.5112.3311.1611.6614.70

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
749.89593.22738.23785.78568.731,173
Capital Expenditures
-147.39-102.45-115.58-177.72-291.9-401.1
Free Cash Flow
602.5490.78622.65608.06276.83771.45
Free Cash Flow Growth
6.33%-21.18%2.40%119.65%-64.11%52.08%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
71.53%69.86%70.00%70.08%70.52%74.26%
Operating Margin
19.64%17.17%16.80%17.00%17.51%24.70%
Pretax Margin
15.49%14.51%15.23%16.60%16.04%25.61%
Profit Margin
11.83%10.17%10.54%11.52%9.68%19.53%
FCF Margin
14.49%12.16%15.57%15.74%7.41%19.52%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
25.0527.3036.9447.1545.5667.12
Forward PE
14.4814.4521.0730.5127.9352.51
P/FCF Ratio
20.1322.8325.0034.5159.5167.17
PS Ratio
2.922.783.895.434.4113.11