Align Technology, Inc. (ALGN)
NASDAQ: ALGN · Real-Time Price · USD
171.39
-0.69 (-0.40%)
Nov 12, 2026, 9:33 AM EST - Market open
Align Technology Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 491.87 | 410.35 | 421.36 | 445.05 | 361.57 | 772.02 |
Depreciation & Amortization | 145.52 | 160.44 | 145.03 | 142.4 | 125.79 | 108.73 |
Loss (Gain) From Sale of Assets | -11.7 | 23.14 | - | - | - | - |
Asset Writedown & Restructuring Costs | 92.6 | 77 | - | - | - | - |
Loss (Gain) From Sale of Investments | -25.66 | -18.07 | -5.89 | 4.99 | - | - |
Stock-Based Compensation | 169.8 | 185.87 | 173.7 | 154.03 | 133.37 | 114.34 |
Other Operating Activities | 138.89 | 110.51 | 76.45 | 47.2 | 32.31 | 23.22 |
Change in Accounts Receivable | -113.48 | -139.91 | -153.49 | -104.61 | 21.55 | -262.07 |
Change in Inventory | -13.44 | 0.81 | 25.05 | 30.17 | -130.1 | -112.45 |
Change in Accounts Payable | -2.43 | 5.33 | -0.84 | -7.7 | -36.52 | 19.75 |
Change in Unearned Revenue | -121.31 | -111.76 | -80.11 | 86.71 | 241.89 | 462.64 |
Change in Income Taxes | -38.04 | -28.27 | -20.28 | -7.77 | 6.33 | 12.45 |
Change in Other Net Operating Assets | 37.26 | -82.22 | 157.23 | -4.69 | -187.46 | 33.92 |
Operating Cash Flow | 749.89 | 593.22 | 738.23 | 785.78 | 568.73 | 1,173 |
Operating Cash Flow Growth | 14.29% | -19.64% | -6.05% | 38.16% | -51.50% | 77.08% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -147.39 | -102.45 | -115.58 | -177.72 | -291.9 | -401.1 |
Cash Acquisitions | -18.96 | - | -77.08 | - | -12.3 | -8 |
Investment in Securities | -100.49 | -10 | -62.49 | -18.51 | 93.1 | -197.32 |
Other Investing Activities | -71.87 | - | 0.24 | 0.28 | -2.21 | 42.99 |
Investing Cash Flow | -296.71 | -112.45 | -254.91 | -195.94 | -213.32 | -563.43 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Issuance of Common Stock | 19.94 | 21.75 | 25.28 | 26.6 | 26.15 | 25.62 |
Repurchase of Common Stock | -327.84 | -486.33 | -381 | -614.94 | -487.84 | -483.96 |
Other Financing Activities | - | - | - | -10 | -40 | - |
Financing Cash Flow | -307.9 | -464.58 | -355.72 | -598.34 | -501.69 | -458.33 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | -4.8 | 35.03 | -21.15 | 4.67 | -11.51 | -12.12 |
Net Cash Flow | 140.48 | 51.22 | 106.44 | -3.84 | -157.78 | 138.67 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 602.5 | 490.78 | 622.65 | 608.06 | 276.83 | 771.45 |
Free Cash Flow Growth | 6.33% | -21.18% | 2.40% | 119.65% | -64.11% | 52.08% |
Free Cash Flow Margin | 14.49% | 12.16% | 15.57% | 15.74% | 7.41% | 19.52% |
Free Cash Flow Per Share | 8.42 | 6.76 | 8.30 | 7.94 | 3.53 | 9.68 |
Levered Free Cash Flow | 573.7 | 484.98 | 618.34 | 617.7 | 271.93 | 595.67 |
Unlevered Free Cash Flow | 573.7 | 484.98 | 618.34 | 617.7 | 271.93 | 595.67 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Income Tax Paid | 134.75 | 134.75 | 177.08 | 294.57 | 231.88 | 203.31 |
Change in Working Capital | -251.43 | -356.02 | -72.43 | -7.89 | -84.31 | 154.24 |