Align Technology Income Statement
ALGN / Health Care|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Align Technology reported $4.0B in revenue and $410M in net income for FY2025. Revenue has grown at a 16.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0B | $4.0B | $3.9B | $3.7B | $4.0B | $2.5B | $2.4B | $2.0B | $1.5B | $1.1B | $845.5M | $761.7M | $660.2M | $560.0M | $479.7M |
| Cost of Revenue | $1.3B | $1.2B | $1.2B | $1.1B | $1.0B | $708.7M | $662.9M | $518.6M | $356.5M | $264.6M | $205.4M | $183.2M | $162.1M | $143.7M | $118.5M |
| Gross Profit | $2.7B | $2.8B | $2.7B | $2.6B | $2.9B | $1.8B | $1.7B | $1.4B | $1.1B | $815.3M | $640.1M | $578.4M | $498.1M | $416.4M | $361.3M |
| SG&A Expense | $1.8B | $1.8B | $1.7B | $1.7B | $1.7B | $1.2B | $1.1B | $852.4M | - | - | $390.2M | $332.1M | $292.8M | $99.3M | $91.6M |
| R&D Expense | $369.9M | $364.2M | $346.8M | $305.3M | $250.3M | $175.3M | $157.4M | $128.9M | $97.6M | $75.7M | $61.2M | $52.8M | $44.1M | $42.9M | $37.2M |
| Operating Income | $545.8M | $607.6M | $643.3M | $642.6M | $976.4M | $387.2M | $542.5M | $466.6M | $353.6M | $248.9M | $188.6M | $193.6M | $94.2M | $85.6M | $90.4M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $51.0K |
| Income Tax | $174.9M | $187.6M | $196.2M | $237.5M | $240.4M | -$1.4B | $112.3M | $57.7M | $130.2M | $51.2M | $42.1M | $44.5M | $28.8M | $25.6M | $23.2M |
| Net Income | $410.4M | $421.4M | $445.1M | $361.6M | $772.0M | $1.8B | $442.8M | $400.2M | $231.4M | $189.7M | $144.0M | $145.8M | $64.3M | $58.7M | $66.7M |
| EPS (Basic) | $5.66 | $5.63 | $5.82 | $4.62 | $9.78 | $22.55 | $5.57 | $5.00 | $1.80 | $2.38 | $1.80 | $1.81 | $0.80 | $0.73 | $0.86 |
| EPS (Diluted) | $5.65 | $5.62 | $5.81 | $4.61 | $9.69 | $22.41 | $5.53 | $4.92 | $1.77 | $2.33 | $1.77 | $1.77 | $0.78 | $0.71 | $0.83 |
| Shares Outstanding | 71.4M | 73.8M | 75.1M | 77.3M | 78.7M | 78.9M | 78.4M | 79.8M | 79.6M | 79.6M | 79.5M | 80.2M | 80.6M | 80.6M | 78.8M |
| Gross Margin | 67.2% | 70.0% | 70.1% | 70.5% | 74.3% | 71.3% | 72.5% | 73.6% | 75.8% | 75.5% | 75.7% | 75.9% | 75.4% | 74.4% | 75.3% |
| Operating Margin | 13.5% | 15.2% | 16.7% | 17.2% | 24.7% | 15.7% | 22.5% | 23.7% | 24.0% | 23.1% | 22.3% | 25.4% | 14.3% | 15.3% | 18.8% |
| Profit Margin | 10.2% | 10.5% | 11.5% | 9.7% | 19.5% | 71.8% | 18.4% | 20.3% | 15.7% | 17.6% | 17.0% | 19.1% | 9.7% | 10.5% | 13.9% |