InsiderClue
Stocks · Health care · Orthopedic, Prosthetic & Surgical Appliances & Supplies

Align Technology

ALGN Clue Score48
United States Fiscal year ends December CIK 0001097149
$142.71 +1.19% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $142.71 −77.41% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,079.9Operating income248.9Net income189.7EPS, diluted2.33Fiscal year 2017Revenue1,473.4 +36.4%Operating income353.6Net income231.4 +22.0%EPS, diluted2.83 +21.5%Fiscal year 2018Revenue1,966.5 +33.5%Operating income466.6Net income400.2 +72.9%EPS, diluted4.92 +73.9%Fiscal year 2019Revenue2,406.8 +22.4%Operating income542.5Net income442.8 +10.6%EPS, diluted5.53 +12.4%Fiscal year 2020Revenue2,471.9 +2.7%Operating income387.2Net income1,775.9 +301.1%EPS, diluted22.41 +305.2%Fiscal year 2021Revenue3,952.6 +59.9%Operating income976.4Net income772.0 −56.5%EPS, diluted9.69 −56.8%Fiscal year 2022Revenue3,734.6 −5.5%Operating income642.6Net income361.6 −53.2%EPS, diluted4.61 −52.4%Fiscal year 2023Revenue3,862.3 +3.4%Operating income643.3Net income445.1 +23.1%EPS, diluted5.81 +26.0%Fiscal year 2024Revenue3,999.0 +3.5%Operating income607.6Net income421.4 −5.3%EPS, diluted5.62 −3.3%Fiscal year 2025Revenue4,035.0 +0.9%Operating income545.8Net income410.4 −2.6%EPS, diluted5.65 +0.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,079.9 1,473.4 1,966.5 2,406.8 2,471.9 3,952.6 3,734.6 3,862.3 3,999.0 4,035.0
Growth +36.4% +33.5% +22.4% +2.7% +59.9% −5.5% +3.4% +3.5% +0.9%
Operating income 248.9 353.6 466.6 542.5 387.2 976.4 642.6 643.3 607.6 545.8
Net income 189.7 231.4 400.2 442.8 1,775.9 772.0 361.6 445.1 421.4 410.4
Growth +22.0% +72.9% +10.6% +301.1% −56.5% −53.2% +23.1% −5.3% −2.6%
EPS, diluted 2.33 2.83 4.92 5.53 22.41 9.69 4.61 5.81 5.62 5.65
Growth +21.5% +73.9% +12.4% +305.2% −56.8% −52.4% +26.0% −3.3% +0.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin75.5%Operating margin23.1%Net margin17.6%Free cash flow margin16.4%Fiscal year 2017Gross margin75.8%Operating margin24.0%Net margin15.7%Free cash flow margin16.5%Fiscal year 2018Gross margin73.6%Operating margin23.7%Net margin20.4%Free cash flow margin16.9%Fiscal year 2019Gross margin72.5%Operating margin22.5%Net margin18.4%Free cash flow margin24.8%Fiscal year 2020Gross margin71.3%Operating margin15.7%Net margin71.8%Free cash flow margin20.5%Fiscal year 2021Gross margin74.3%Operating margin24.7%Net margin19.5%Free cash flow margin19.5%Fiscal year 2022Gross margin70.5%Operating margin17.2%Net margin9.7%Free cash flow margin7.4%Fiscal year 2023Gross margin70.1%Operating margin16.7%Net margin11.5%Free cash flow margin15.7%Fiscal year 2024Gross margin70.0%Operating margin15.2%Net margin10.5%Free cash flow margin15.6%Fiscal year 2025Gross margin67.2%Operating margin13.5%Net margin10.2%Free cash flow margin12.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 75.5% 75.8% 73.6% 72.5% 71.3% 74.3% 70.5% 70.1% 70.0% 67.2%
Operating margin 23.1% 24.0% 23.7% 22.5% 15.7% 24.7% 17.2% 16.7% 15.2% 13.5%
Net margin 17.6% 15.7% 20.4% 18.4% 71.8% 19.5% 9.7% 11.5% 10.5% 10.2%
Free cash flow margin 16.4% 16.5% 16.9% 24.8% 20.5% 19.5% 7.4% 15.7% 15.6% 12.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow247.7Capital expenditure−70.6Free cash flow177.1Buybacks−96.2Fiscal year 2017Operating cash flow438.5Capital expenditure−195.7Free cash flow242.8 +37.1%Buybacks−103.8Fiscal year 2018Operating cash flow554.7Capital expenditure−223.3Free cash flow331.4 +36.5%Buybacks−300.0Fiscal year 2019Operating cash flow747.3Capital expenditure−149.7Free cash flow597.6 +80.3%Buybacks−400.0Fiscal year 2020Operating cash flow662.2Capital expenditure−154.9Free cash flow507.3 −15.1%Buybacks0.0Fiscal year 2021Operating cash flow1,172.5Capital expenditure−401.1Free cash flow771.4 +52.1%Buybacks−375.0Fiscal year 2022Operating cash flow568.7Capital expenditure−291.9Free cash flow276.8 −64.1%Buybacks−435.0Fiscal year 2023Operating cash flow785.8Capital expenditure−177.7Free cash flow608.1 +119.6%Buybacks−592.4Fiscal year 2024Operating cash flow738.2Capital expenditure−115.6Free cash flow622.7 +2.4%Buybacks−352.9Fiscal year 2025Operating cash flow593.2Capital expenditure−102.4Free cash flow490.8 −21.2%Buybacks−465.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 247.7 438.5 554.7 747.3 662.2 1,172.5 568.7 785.8 738.2 593.2
Capital expenditure −70.6 −195.7 −223.3 −149.7 −154.9 −401.1 −291.9 −177.7 −115.6 −102.4
Free cash flow 177.1 242.8 331.4 597.6 507.3 771.4 276.8 608.1 622.7 490.8
Growth +37.1% +36.5% +80.3% −15.1% +52.1% −64.1% +119.6% +2.4% −21.2%
Buybacks −96.2 −103.8 −300.0 −400.0 0.0 −375.0 −435.0 −592.4 −352.9 −465.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash389.3Shareholders’ equity999.3Fiscal year 2017Cash449.5Shareholders’ equity1,154.3Fiscal year 2018Cash636.9Shareholders’ equity1,252.9Fiscal year 2019Cash550.4Shareholders’ equity1,346.2Fiscal year 2020Cash960.8Shareholders’ equity3,233.9Fiscal year 2021Cash1,099.4Shareholders’ equity3,622.7Fiscal year 2022Cash942.1Shareholders’ equity3,601.4Fiscal year 2023Cash937.4Shareholders’ equity3,630.5Fiscal year 2024Cash1,043.9Shareholders’ equity3,852.0Fiscal year 2025Cash1,094.9Shareholders’ equity4,049.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 389.3 449.5 636.9 550.4 960.8 1,099.4 942.1 937.4 1,043.9 1,094.9
Shareholders’ equity 999.3 1,154.3 1,252.9 1,346.2 3,233.9 3,622.7 3,601.4 3,630.5 3,852.0 4,049.1

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
389.3 449.5 636.9 550.4 960.8 1,099.4 942.1 937.4 1,043.9 1,094.9
247.4 324.2 439.0 550.3 657.7 897.2 859.7 903.4 995.7 1,101.8
27.1 31.7 55.6 112.1 139.2 230.2 338.8 296.9 254.3 226.3
175.2 348.8 521.3 631.7 734.7 1,081.9 1,231.9 1,290.9 1,271.1 1,131.5
61.0 64.6 64.0 63.9 444.8 418.5 407.6 419.5 442.6 491.8
1,396.2 1,784.0 2,052.5 2,500.7 4,829.7 5,942.1 5,947.9 6,083.9 6,214.6 6,233.7
Growth +27.8% +15.0% +21.8% +93.1% +23.0% +0.1% +2.3% +2.1% +0.3%
Liabilities
400.8 629.7 799.6 1,154.5 1,595.8 2,319.4 2,346.6 2,453.4 2,362.6 2,184.5
Equity
131.4 267.3 378.1 439.9 2,215.8 2,619.4 2,566.7 2,447.2 2,483.8 2,464.2
999.3 1,154.3 1,252.9 1,346.2 3,233.9 3,622.7 3,601.4 3,630.5 3,852.0 4,049.1
Growth +15.5% +8.5% +7.4% +140.2% +12.0% −0.6% +0.8% +6.1% +5.1%
Per share and net cash
79.6 80.0 79.8 78.4 78.9 78.7 77.3 75.1 73.8 71.4
calc 12.56 14.42 15.70 17.16 41.01 46.03 46.61 48.36 52.16 56.74

Lines marked calc are worked out here from filed figures; point at one for how.