ALIGN TECHNOLOGY INC
ALIGN TECHNOLOGY INC
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,060 | 1,095 | 1,005 | 901 | 873 | 1,044 | 1,042 | 761 | 866 | 937 | 1,239 | 952 | |||||
Accounts Receivable Net Current | 1,125 | 1,102 | 1,099 | 1,116 | 1,062 | 996 | 1,011 | 1,020 | 951 | 903 | 904 | 908 | |||||
Available For Sale Securities Debt Securities Curr… | - | - | - | - | - | 0 | 0 | 21 | 33 | 35 | 45 | 56 | |||||
Inventory Net | 215 | 226 | 228 | 244 | 247 | 254 | 254 | 259 | 280 | 297 | 296 | 313 | |||||
Prepaid Expense And Other Assets Current | 216 | 166 | 174 | 187 | 220 | 199 | 291 | 351 | 350 | 274 | 218 | 237 | |||||
Assets Of Disposal Group Including Discontinued Op… | 40 | 28 | 28 | - | - | 0 | - | - | - | - | - | - | |||||
Assets Current | 2,655 | 2,617 | 2,534 | 2,448 | 2,402 | 2,492 | 2,597 | 2,412 | 2,479 | 2,447 | 2,702 | 2,465 | |||||
Available For Sale Securities Debt Securities Nonc… | - | - | - | - | - | 0 | 0 | 0 | 4 | 8 | 18 | 26 | |||||
Property Plant And Equipment Net | 1,108 | 1,131 | 1,185 | 1,261 | 1,265 | 1,271 | 1,290 | 1,278 | 1,282 | 1,291 | 1,268 | 1,279 | |||||
Operating Lease Right Of Use Asset | 110 | 108 | 115 | 117 | 113 | 113 | 121 | 122 | 119 | 118 | 119 | 126 | |||||
Goodwill | 503 | 492 | 492 | 491 | 458 | 443 | 472 | 454 | 458 | 420 | 404 | 415 | |||||
Intangible Assets Net Excluding Goodwill | 101 | 94 | 99 | 103 | 103 | 103 | 116 | 116 | 121 | 82 | 83 | 89 | |||||
Deferred Income Tax Assets Net | 1,471 | 1,514 | 1,556 | 1,548 | 1,523 | 1,557 | 1,570 | 1,578 | 1,571 | 1,590 | 1,592 | 1,606 | |||||
Other Assets Noncurrent | 365 | 278 | 254 | 251 | 239 | 234 | 200 | 198 | 122 | 129 | 132 | 138 | |||||
Assets | 6,314 | 6,234 | 6,234 | 6,219 | 6,103 | 6,215 | 6,366 | 6,158 | 6,156 | 6,084 | 6,319 | 6,145 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 124 | 121 | 126 | 114 | 125 | 109 | 109 | 106 | 117 | 113 | 100 | 110 | |||||
Accrued Liabilities Current | 547 | 537 | 546 | 563 | 546 | 598 | 575 | 555 | 497 | 526 | 614 | 600 | |||||
Deferred Revenue Current | 1,235 | 1,262 | 1,295 | 1,318 | 1,319 | 1,331 | 1,380 | 1,379 | 1,409 | 1,428 | 1,409 | 1,397 | |||||
Liabilities Current | 1,906 | 1,920 | 1,966 | 1,995 | 1,991 | 2,038 | 2,064 | 2,040 | 2,023 | 2,067 | 2,123 | 2,107 | |||||
Accrued Income Taxes Noncurrent | 67 | 68 | 111 | 104 | 100 | 96 | 112 | 104 | 121 | 117 | 116 | 113 | |||||
Operating Lease Liability Noncurrent | 83 | 83 | 87 | 90 | 86 | 88 | 96 | 98 | 95 | 97 | 99 | 105 | |||||
Other Liabilities Noncurrent | 108 | 114 | 112 | 117 | 131 | 140 | 150 | 158 | 156 | 173 | 179 | 181 | |||||
Liabilities | 2,165 | 2,185 | 2,276 | 2,306 | 2,309 | 2,363 | 2,422 | 2,400 | 2,396 | 2,453 | 2,517 | 2,506 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 1,531 | 1,510 | 1,475 | 1,427 | 1,387 | 1,362 | 1,336 | 1,276 | 1,239 | 1,162 | 1,193 | 1,142 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 70 | 75 | 65 | 61 | 18 | 6 | 36 | 25 | 18 | 21 | 2 | 11 | |||||
Retained Earnings Accumulated Deficit | 2,548 | 2,464 | 2,417 | 2,425 | 2,389 | 2,484 | 2,573 | 2,457 | 2,503 | 2,447 | 2,607 | 2,485 | |||||
Stockholders Equity | 4,149 | 4,049 | 3,957 | 3,913 | 3,794 | 3,852 | 3,944 | 3,758 | 3,760 | 3,630 | 3,802 | 3,638 | |||||
Liabilities And Stockholders Equity | 6,314 | 6,234 | 6,234 | 6,219 | 6,103 | 6,215 | 6,366 | 6,158 | 6,156 | 6,084 | 6,319 | 6,145 | |||||
Allowance For Doubtful Accounts Receivable Current | 36 | 34 | 28 | 24 | 22 | 19 | 19 | 17 | 16 | 15 | 13 | 13 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 72 | 71 | 72 | 72 | 73 | 74 | 75 | 75 | 75 | 75 | 77 | 77 | |||||
Shares Outstanding | 72 | 71 | 72 | 72 | 73 | 74 | 75 | 75 | 75 | 75 | 77 | 77 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.58% | 2.58% | -3.98% | - | - | - | - | - | - | - | - | - |
| 2025 | 0.01% | 4.19% | 13.61% | 3.70% | -7.82% | -1.23% | 7.27% | 15.42% | 22.97% | -8.90% | -0.02% | -17.28% |
| 2024 | -11.20% | -15.87% | -12.60% | 9.59% | 18.44% | 2.91% | 9.72% | -0.34% | 9.97% | -9.85% | -8.35% | 0.67% |
| 2023 | - | - | - | -1.41% | -17.40% | -25.33% | 11.16% | 37.70% | 34.90% | 5.63% | -1.13% | -10.22% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.39 | 1.36 | 1.29 | 1.23 | 1.21 | 1.22 | 1.26 | 1.18 | 1.23 | 1.18 | 1.27 | 1.17 | |||||
| Quick Ratio | 1.17 | 1.16 | 1.08 | 1.01 | 0.97 | 1.00 | 0.99 | 0.88 | 0.91 | 0.91 | 1.03 | 0.91 | |||||
| Working Capital | 749.58M | 696.55M | 567.63M | 452.58M | 411.08M | 454.41M | 533.77M | 372.26M | 456.27M | 380.01M | 578.82M | 358.39M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.52 | 0.54 | 0.58 | 0.59 | 0.61 | 0.61 | 0.61 | 0.64 | 0.64 | 0.68 | 0.66 | 0.69 | |||||
| Debt Ratio | 0.34 | 0.35 | 0.37 | 0.37 | 0.38 | 0.38 | 0.38 | 0.39 | 0.39 | 0.40 | 0.40 | 0.41 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.66 | 0.65 | 0.63 | 0.64 | 0.65 | 0.65 | 0.62 | 0.64 | 0.65 | 0.64 | 0.62 | 0.63 | |||||
| Days Sales Outstanding TTM | 97.45 | 94.87 | 96.69 | 98.34 | 92.27 | 86.67 | 88.23 | 89.26 | 85.51 | 83.31 | 84.55 | 89.87 | |||||
| Receivables Turnover TTM | 3.75 | 3.85 | 3.78 | 3.71 | 3.96 | 4.21 | 4.14 | 4.09 | 4.27 | 4.38 | 4.32 | 4.06 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 6.00 | 5.65 | 5.23 | 6.03 | 5.56 | 5.62 | 5.91 | 5.94 | 6.14 | 5.81 | 4.72 | 4.10 | |||||
| Free Cash Flow Per Share TTM | 8.17 | 6.77 | 7.83 | 8.70 | 8.57 | 8.32 | 4.99 | 5.38 | 6.54 | 7.96 | 8.96 | 7.99 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 67.57% | 67.19% | 68.41% | 69.79% | 69.87% | 70.00% | 69.98% | 69.82% | 70.06% | 70.08% | 69.74% | 69.87% | |||||
| Operating Profit Margin TTM | 13.59% | 13.53% | 13.42% | 15.15% | 14.69% | 15.19% | 16.03% | 16.21% | 16.95% | 16.66% | 15.35% | 15.03% | |||||
| Net Profit Margin TTM | 10.50% | 10.17% | 9.50% | 11.04% | 10.29% | 10.54% | 11.15% | 11.34% | 11.80% | 11.52% | 9.53% | 8.40% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 2.89% | 0.90% | 0.56% | 0.56% | 1.64% | 3.54% | 4.03% | 5.50% | 5.72% | 3.42% | -1.48% | -6.33% | |||||
| Net Income Growth (1Y) | 4.96% | -2.61% | -14.31% | -2.11% | -11.40% | -5.32% | 21.71% | 42.33% | 46.72% | 23.09% | -28.97% | -49.26% | |||||
| EPS Growth (1Y) | 8.10% | 0.52% | -11.51% | 1.42% | -9.46% | -3.36% | 24.69% | 44.86% | 50.13% | 25.93% | -27.55% | -48.02% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 28.48 | 27.60 | 23.95 | 31.40 | 28.53 | 37.05 | 43.04 | 40.60 | 53.33 | 47.05 | 64.44 | 86.16 | |||||
| P/B TTM | 2.95 | 2.80 | 2.29 | 3.51 | 3.08 | 4.05 | 4.82 | 4.83 | 6.56 | 5.77 | 6.15 | 7.44 | |||||
| P/S TTM | 2.99 | 2.81 | 2.28 | 3.47 | 2.94 | 3.90 | 4.80 | 4.60 | 6.29 | 5.42 | 6.14 | 7.24 | |||||
| Market Cap | 12.24B | 11.33B | 9.06B | 13.74B | 11.69B | 15.61B | 19.01B | 18.15B | 24.65B | 20.94B | 23.38B | 27.06B | |||||
| Enterprise Value | 11.18B | 10.23B | 8.06B | 12.84B | 10.81B | 14.57B | 17.96B | 17.39B | 23.78B | 20.00B | 22.14B | 26.11B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 583.65M | 490.78M | 566.63M | 631.54M | 630.74M | 622.65M | 373.02M | 404.72M | 491.58M | 608.06M | 686.08M | 611.65M | |||||
| Net Debt | -1.06B | -1.10B | -1.01B | -902.34M | -874.07M | -1.04B | -1.04B | -762.46M | -866.88M | -938.52M | -1.24B | -952.30M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ALIGN TECHNOLOGY INC (ALGN) — SEC Financial Statements & Analysis
ALIGN TECHNOLOGY INC (ALGN) is a orthopedic, prosthetic & surgical appliances & supplies company, incorporated in DE. ALIGN TECHNOLOGY INC trades on ALGN: Nasdaq as: ALGN. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), ALIGN TECHNOLOGY INC reported a 2.89% year-over-year revenue growth, a Gross Profit Margin of 67.57% (TTM), a Debt-to-Equity ratio of 0.52x, a Price-to-Sales (P/S) ratio of 2.99x (TTM), a Price-to-Book (P/B) ratio of 2.95 (TTM), at a market cap of $12.24B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 2.89%
- Gross Profit Margin TTM
- 67.57%
- Debt To Equity
- 0.52x
- P/S TTM
- 2.99x
- P/B TTM
- 2.95
- Market Cap
- $12.24B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ALIGN TECHNOLOGY INC in?
ALIGN TECHNOLOGY INC (ALGN) operates in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry.
What is ALGN's market cap?
ALIGN TECHNOLOGY INC (ALGN) has a market capitalization of $12.24B as of 2026-03-31.
What is ALGN's P/E ratio?
ALIGN TECHNOLOGY INC (ALGN)'s trailing twelve month P/E ratio is 28.48x as of 2026-03-31.
What exchange does ALGN trade on?
ALIGN TECHNOLOGY INC (ALGN) trades on the ALGN: Nasdaq.
Where is ALIGN TECHNOLOGY INC incorporated?
ALIGN TECHNOLOGY INC is incorporated in DE.