Align Technology (ALGN) financials
Align Technology revenue and earnings by year
Align Technology's revenue was $4.03 billion in the fiscal year to December 31, 2025, up 0.9% from the year before. Net income was $410 million, 10.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 15.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.03 | 4.00 | 3.86 | 3.73 | 3.95 | 2.47 | 2.41 | 1.97 | 1.47 | 1.08 |
| Revenue growth | 0.9% | 3.5% | 3.4% | -5.5% | 59.9% | 2.7% | 22.4% | 33.5% | 36.4% | — |
| Gross profit | 2.71 | 2.80 | 2.71 | 2.63 | 2.94 | 1.76 | 1.74 | 1.45 | 1.12 | 0.82 |
| Gross margin | 67.2% | 70.0% | 70.1% | 70.5% | 74.3% | 71.3% | 72.5% | 73.6% | 75.8% | 75.5% |
| Operating income | 0.55 | 0.61 | 0.64 | 0.64 | 0.98 | 0.39 | 0.54 | 0.47 | 0.35 | 0.25 |
| Operating margin | 13.5% | 15.2% | 16.7% | 17.2% | 24.7% | 15.7% | 22.5% | 23.7% | 24.0% | 23.1% |
| Net income | 0.41 | 0.42 | 0.45 | 0.36 | 0.77 | 1.78 | 0.44 | 0.40 | 0.23 | 0.19 |
| Net margin | 10.2% | 10.5% | 11.5% | 9.7% | 19.5% | 71.8% | 18.4% | 20.4% | 15.7% | 17.6% |
| Diluted EPS | $5.65 | $5.62 | $5.81 | $4.61 | $9.69 | $22.41 | $5.53 | $4.92 | $2.83 | $2.33 |
| Free cash flow | 0.49 | 0.62 | 0.61 | 0.28 | 0.77 | 0.51 | 0.60 | 0.33 | 0.24 | 0.18 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ALGN in Markets.
How Align Technology makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Clear Aligner | $871M | 82.5% |
| Systems & Services | $185M | 17.5% |
See also: ALGN valuation and P/E history · ALGN returns
No forecast, no recommendation. This page describes Align Technology from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.