Align Technology Inc
NASDAQ: ALGN · HEALTHCARE · MEDICAL INSTRUMENTS & SUPPLIES
Updated 2026-06-05
Align Technology Inc (ALGN) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $206.35M | $-34.96M | 68.61% | -18.19% | -16.94% |
| 2007 | $284.33M | $35.72M | 73.61% | 11.91% | 12.56% |
| 2008 | $303.98M | $79.99M | 74.06% | 5.10% | 26.31% |
| 2009 | $312.33M | $-31.27M | 74.76% | -10.89% | -10.01% |
| 2010 | $387.13M | $74.25M | 78.38% | 26.54% | 19.18% |
| 2011 | $479.74M | $66.72M | 75.31% | 18.84% | 13.91% |
| 2012 | $560.04M | $58.69M | 74.35% | 15.28% | 10.48% |
| 2013 | $660.21M | $64.30M | 75.45% | 14.27% | 9.74% |
| 2014 | $761.65M | $145.83M | 75.95% | 25.42% | 19.15% |
| 2015 | $845.49M | $144.02M | 75.71% | 22.31% | 17.03% |
| 2016 | $1.08B | $189.68M | 75.50% | 23.05% | 17.57% |
| 2017 | $1.47B | $231.42M | 75.81% | 24.00% | 15.71% |
| 2018 | $1.97B | $400.24M | 73.63% | 23.73% | 20.35% |
| 2019 | $2.41B | $442.78M | 72.46% | 22.54% | 18.40% |
| 2020 | $2.47B | $1.78B | 71.33% | 15.66% | 71.84% |
| 2021 | $3.95B | $772.02M | 74.26% | 24.70% | 19.53% |
| 2022 | $3.73B | $361.57M | 70.52% | 17.21% | 9.68% |
| 2023 | $3.86B | $445.05M | 70.08% | 16.66% | 11.52% |
| 2024 | $4.00B | $421.36M | 70.00% | 15.19% | 10.54% |
| 2025 | $4.03B | $410.35M | 68.33% | 15.27% | 10.17% |
Frequently asked questions
What is Align Technology Inc's revenue?
Align Technology Inc's trailing twelve-month revenue is $4.10B, and consensus projects about $6.48B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is ALGN?
In its most recent fiscal year, ALGN ran a gross margin of 68.33%, an operating margin of 15.27%, and a net margin of 10.17%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does ALGN generate?
ALGN produced $490.78M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is ALGN's balance sheet healthy?
ALGN holds $1.08B in cash and equivalents against — in long-term debt, on $4.05B of shareholder equity. That debt is best read against the cash flow the business throws off each year.