Financials in USD. Standardized financial statements.
A compact view of how Align Technology, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.03B | $4.00B | $3.86B | $3.73B | $3.95B | $2.47B | $2.41B | $1.97B | $1.47B | $1.08B |
| Revenue Growth? | +0.9% | +3.5% | +3.4% | -5.5% | +59.9% | +2.7% | +22.4% | +33.5% | +36.4% | 0.0% |
| Cost of Revenue? | $1.28B | $1.20B | $1.16B | $1.10B | $1.02B | $708.71M | $662.90M | $518.63M | $356.47M | $264.58M |
| Gross Profit? | $2.76B | $2.80B | $2.71B | $2.63B | $2.94B | $1.76B | $1.74B | $1.45B | $1.12B | $815.29M |
| Gross Margin? | +68.3% | +70.0% | +70.1% | +70.5% | +74.3% | +71.3% | +72.5% | +73.6% | +75.8% | +75.5% |
| Operating Expenses? | $2.14B | $2.19B | $2.06B | $1.99B | $1.96B | $1.38B | $1.20B | $981.30M | $763.34M | $566.37M |
| Operating Income? | $616.22M | $607.63M | $643.34M | $642.60M | $976.40M | $387.17M | $542.49M | $466.56M | $353.61M | $248.92M |
| EBITDA? | $765.87M | $816.80M | $799.05M | $779.84M | $1.09B | $480.71M | $593.47M | $521.29M | $391.35M | $272.92M |
| Income Before Tax | $585.29M | $608.96M | $641.20M | $599.06M | $1.01B | $378.95M | $555.12M | $457.96M | $364.80M | $242.57M |
| Income Tax Expense | $174.94M | $187.60M | $196.15M | $237.48M | $240.40M | -$1.40B | $112.35M | $57.72M | $130.16M | $51.20M |
| Net Income? | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M | $1.78B | $442.78M | $400.24M | $231.42M | $189.68M |
| EPS? | $5.66 | $5.63 | $5.82 | $4.62 | $9.78 | $22.55 | $5.57 | $5.00 | $2.89 | $2.38 |
| Diluted EPS? | $5.65 | $5.62 | $5.81 | $4.61 | $9.69 | $22.41 | $5.53 | $4.92 | $2.83 | $2.33 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality