Align Technology, Inc. (ALGN)

Nasdaq: ALGN · Orthopedic, Prosthetic & Surgical Appliances & Supplies · Tempe, AZ · filing with the SEC since 2000

Grade6.8

◀ Past 7.8● Present 7.5▶ Future 4.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 28, 2025	Feb 28, 2024	Feb 27, 2023	Feb 25, 2022	Feb 26, 2021	Feb 28, 2020	Feb 28, 2019	Feb 28, 2018	Feb 28, 2017
Revenue	4,034,964	3,999,012	3,862,260	3,734,635	3,952,584	2,471,941	2,406,796	1,966,492	1,473,413	1,079,874
For lenders
Interest and dividend income	·	·	·	·	·	·	12,482	8,576	6,948	4,213
Interest and investment income	16,045	20,218	17,258	5,367	3,103	3,125	12,482	8,576	·	·
Cost of revenue	1,323,951	1,199,853	1,155,397	1,100,860	1,017,229	708,706	662,899	518,625	356,466	264,580
Gross profit	2,711,013	2,799,159	2,706,863	2,633,775	2,935,355	1,763,235	1,743,897	1,447,867	1,116,947	815,294
Research and development	369,911	364,202	346,830	305,258	250,315	175,307	157,361	128,899	97,559	75,720
Selling, general and administrative	1,755,791	1,763,193	1,703,379	1,674,469	1,708,640	1,200,757	1,072,053	852,404	·	·
Sales and marketing	·	·	·	·	·	·	1,072,053	852,404	665,777	490,653
Total operating expenses	2,165,258	2,191,531	2,063,525	1,991,180	1,958,955	1,376,064	1,201,404	981,303	763,336	566,373
Operating income	545,755	607,628	643,338	642,595	976,400	387,171	542,493	466,564	353,611	248,921
Share of profit of equity-method investments	·	·	·	·	0	0	-7,528	-8,693	-3,219	-1,684
Other income (expense), net	·	·	·	·	·	·	7,676	-8,489	4,240^r	-10,568^r
Total non-operating income (expense)	23,487	-18,887	-19,392	-48,905	32,920	-11,347	7,676	-8,489	·	·
Income before income taxes	585,287	608,959	641,204	599,057	1,012,423	378,949	562,651	466,651	364,799	242,566
Income tax expense	174,936	187,597	196,151	237,484	240,403	-1,396,939	112,347	57,723	130,162	51,200
Net income	410,351	421,362	445,053	361,573	772,020	1,775,888	442,776	400,235	231,418	189,682
Earnings per share, basic	5.66	5.63	5.82	4.62	9.78	22.55	5.57	5.00	2.89	2.38
Earnings per share, diluted	5.65	5.62	5.81	4.61	9.69	22.41	5.53	4.92	2.83	2.33
Weighted average shares, basic	72,542	74,877	76,426	78,190	78,917	78,760	79,424	80,064	80,085	79,856
Weighted average shares, diluted	72,588	74,993	76,568	78,420	79,670	79,230	80,100	81,357	81,832	81,484

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton ALGN · research, not advice