ALGN · Align Technology Inc
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $4.14B | $4.03B | $4B | $3.86B | $3.73B | $3.95B | $2.47B | $2.41B | $1.97B | $1.47B | $1.08B | $845.49M | $761.65M | $660.21M | $560.04M | $479.74M | $387.13M | $312.33M | $303.98M | |
| — | $28.8M | $21.7M | $16.6M | $12.3M | $0 | $0 | — | — | — | — | — | — | — | — | — | — | — | — | |
| $1.32B | $1.32B | $1.2B | $1.16B | $1.1B | $1.02B | $708.71M | $662.9M | $518.63M | $356.47M | $264.58M | $205.38M | $183.21M | $162.1M | $143.65M | $118.46M | $83.71M | $78.84M | $78.85M | |
| $2.82B | $2.71B | $2.8B | $2.71B | $2.63B | $2.94B | $1.76B | $1.74B | $1.45B | $1.12B | $815.29M | $640.11M | $578.44M | $498.11M | $416.39M | $361.28M | $303.42M | $233.49M | $225.13M | |
| — | 67.19% | 70% | 70.08% | 70.52% | 74.26% | 71.33% | 72.46% | 73.63% | 75.81% | 75.5% | 75.71% | 75.95% | 75.45% | 74.35% | 75.31% | 78.38% | 74.76% | 74.06% | |
| $377M | $369.91M | $364.2M | $346.83M | $305.26M | $250.32M | $175.31M | $157.36M | $128.9M | $97.56M | $75.72M | $61.24M | $52.8M | $44.08M | $42.87M | $37.15M | $26M | $22.25M | $26.17M | |
| — | — | — | — | — | — | — | $1.07B | $852.4M | $665.78M | $490.65M | $390.24M | $332.07M | $180.05M | $152.04M | $142.17M | $114.01M | $112.54M | $115.06M | |
| — | — | — | — | — | — | — | — | — | — | — | — | $114.81M | $112.75M | $99.3M | $91.6M | $64.79M | $61.72M | $62.15M | |
| $1.79B | $1.76B | $1.76B | $1.7B | $1.67B | $1.71B | $1.2B | $1.07B | $852.4M | — | — | $390.24M | $332.07M | $292.8M | — | — | — | — | — | |
| $19.1M | $18.8M | $18.9M | $16.4M | $16M | $16.6M | $13.4M | $5.9M | $6M | $6.2M | $3.2M | — | — | $2.94M | $4.37M | $5.37M | $2.8M | $2.8M | $2.83M | |
| $254.39M | $237.44M | $145.03M | $142.4M | $125.79M | $108.73M | $93.54M | $78.99M | $54.73M | $37.74M | $24M | $18M | $17.86M | $16.83M | $17.81M | $12.11M | $11.39M | $10.2M | $9.96M | |
| — | — | $37M | $13.99M | $10.18M | — | — | — | — | — | — | — | — | — | — | — | — | $1.32M | $6.23M | |
| $2.27B | $2.17B | $2.19B | $2.06B | $1.99B | $1.96B | $1.38B | $1.2B | $981.3M | $763.34M | $566.37M | $451.48M | $384.87M | $403.89M | $330.8M | $270.92M | $200.68M | $267.5M | $209.61M | |
| $547.59M | $545.76M | $607.63M | $643.34M | $642.6M | $976.4M | $387.17M | $542.49M | $466.56M | $353.61M | $248.92M | $188.63M | $193.58M | $94.21M | $85.59M | $90.36M | $102.73M | -$34.01M | $15.51M | |
| — | 13.53% | 15.19% | 16.66% | 17.21% | 24.7% | 15.66% | 22.54% | 23.73% | 24% | 23.05% | 22.31% | 25.42% | 14.27% | 15.28% | 18.84% | 26.54% | -10.89% | 5.1% | |
| $801.98M | $783.19M | $752.66M | $785.74M | $768.39M | $1.09B | $480.71M | $621.48M | $521.29M | $391.35M | $272.92M | $206.64M | $211.43M | $111.04M | $103.4M | $102.47M | $114.12M | -$23.81M | $25.48M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $51K | $19K | $85K | $24K | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | $757K | $552K | $555K | $579K | $3.05M | |
| $4.9M | $23.49M | -$18.89M | -$19.39M | -$48.91M | $32.92M | -$11.35M | $7.68M | -$8.49M | $4.24M | -$10.57M | -$2.53M | -$3.21M | -$1.07M | -$1.3M | -$419K | -$1.29M | — | — | |
| — | — | — | — | — | $0 | $0 | -$7.53M | -$8.69M | -$3.22M | -$1.68M | $0 | $0 | — | — | — | — | — | — | |
| $568.91M | $585.29M | $608.96M | $641.2M | $599.06M | $1.01B | $378.95M | $562.65M | $466.65M | $364.8M | $242.57M | $186.1M | $190.37M | $93.14M | $84.3M | $89.94M | $102M | -$33.89M | $17.08M | |
| $155.33M | $174.94M | $187.6M | $196.15M | $237.48M | $240.4M | -$1.4B | $112.35M | $57.72M | $130.16M | $51.2M | $42.08M | $44.54M | $28.84M | $25.61M | $23.23M | $27.75M | -$2.62M | -$62.91M | |
| $413.58M | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M | $1.78B | $442.78M | $400.24M | $231.42M | $189.68M | $144.02M | $145.83M | $64.3M | $58.69M | $66.72M | $74.25M | -$31.27M | $79.99M | |
| — | 10.17% | 10.54% | 11.52% | 9.68% | 19.53% | 71.84% | 18.4% | 20.35% | 15.71% | 17.57% | 17.03% | 19.15% | 9.74% | 10.48% | 13.91% | 19.18% | -10.01% | 26.31% | |
| $418.98M | $479.76M | $406.17M | $476.51M | $346.96M | $732.85M | $1.82B | $444.86M | $396.89M | $232.93M | $189.72M | $143.18M | $145.4M | $64.39M | $58.85M | $66.63M | $73.93M | -$31.08M | $79.6M | |
| USD/shares | — | $5.66 | $5.63 | $5.82 | $4.62 | $9.78 | $22.55 | $5.57 | $5.00 | $2.89 | $2.38 | $1.80 | $1.81 | $0.80 | $0.73 | $0.86 | $0.98 | -$0.45 | $1.20 |
| USD/shares | — | $5.65 | $5.62 | $5.81 | $4.61 | $9.69 | $22.41 | $5.53 | $4.92 | $2.83 | $2.33 | $1.77 | $1.77 | $0.78 | $0.71 | $0.83 | $0.95 | -$0.45 | $1.18 |
| shares | — | 72.54M | 74.88M | 76.43M | 78.19M | 78.92M | 78.76M | 79.42M | 80.06M | 80.09M | 79.86M | 80M | 80.75M | 80.55M | 80.53M | 77.99M | 75.83M | 69.09M | 66.81M |
| shares | — | 72.59M | 74.99M | 76.57M | 78.42M | 79.67M | 79.23M | 80.1M | 81.36M | 81.83M | 81.48M | 81.52M | 82.28M | 82.59M | 83.04M | 80.29M | 78.08M | 69.09M | 68.06M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $3.52B in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 25 similar-size Medical Instruments & Supplies companies (of 48 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Clear Aligner | $3,245,404,000 | $3,230,122,000 | $3,199,329,000 | $3,072,585,000 | $3,247,080,000 | $2,101,459,000 | $2,025,750,000 | $1,691,467,000 |
| Systems and Services | $789,560,000 | $768,890,000 | $662,931,000 | $662,050,000 | $705,504,000 | $370,482,000 | $381,046,000 | $275,025,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $1,661,185,000 | $1,695,696,000 | $1,665,925,000 | $1,660,045,000 | $1,724,296,000 | $1,099,564,000 | $1,161,959,000 | $1,023,559,000 |
| Other International | $1,453,191,000 | $1,319,687,000 | $1,028,015,000 | $858,496,000 | $875,059,000 | $563,297,000 | $287,660,000 | $177,104,000 |
| Switzerland | $920,588,000 | $983,629,000 | $1,168,320,000 | $1,216,094,000 | $1,353,229,000 | $809,080,000 | $0 | $0 |
| China | — | — | — | — | — | — | $196,733,000 | $155,790,000 |
| Netherlands | — | — | — | — | — | — | $760,444,000 | $610,039,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Clear Aligner | $1,034,791,000 | $1,142,204,000 | $1,182,257,000 | $1,134,420,000 | $1,325,866,000 | $768,045,000 | $835,957,000 | $712,439,000 |
| Systems and Services | $306,090,000 | $269,222,000 | $191,355,000 | $179,765,000 | $259,127,000 | $96,052,000 | $137,720,000 | $98,998,000 |
| Scanners and Services | — | — | — | — | — | — | $137,720,000 | $98,998,000 |
| Corporate Non Segment | — | — | — | — | — | — | -$431,184,000 | -$344,873,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Clear Aligner | 31.9% | 35.4% | 37% | 36.9% | 40.8% | 36.5% | 41.3% | 42.1% |
| Systems and Services | 38.8% | 35% | 28.9% | 27.2% | 36.7% | 25.9% | 36.1% | 36% |