Align Technology Inc
NASDAQ:ALGN

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Align Technology Inc
NASDAQ:ALGN
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Price: 225.89 USD -1.02% Market Closed
Market Cap: 16.9B USD
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Income Statement

Earnings Waterfall
Align Technology Inc

Revenue
4B USD
Cost of Revenue
-1.2B USD
Gross Profit
2.8B USD
Operating Expenses
-2.1B USD
Operating Income
679.5m USD
Other Expenses
-238m USD
Net Income
441.6m USD

Income Statement
Align Technology Inc

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
741
N/A
762
+3%
779
+2%
796
+2%
814
+2%
846
+4%
886
+5%
946
+7%
1 017
+8%
1 080
+6%
1 152
+7%
1 239
+8%
1 345
+9%
1 473
+10%
1 600
+9%
1 734
+8%
1 854
+7%
1 967
+6%
2 079
+6%
2 189
+5%
2 291
+5%
2 407
+5%
2 409
+0%
2 160
-10%
2 287
+6%
2 472
+8%
2 816
+14%
3 474
+23%
3 756
+8%
3 953
+5%
4 031
+2%
3 990
-1%
3 864
-3%
3 735
-3%
3 705
-1%
3 737
+1%
3 807
+2%
3 862
+1%
3 917
+1%
3 943
+1%
3 961
+0%
Gross Profit
Cost of Revenue
(177)
(183)
(187)
(191)
(196)
(205)
(217)
(230)
(249)
(265)
(281)
(303)
(326)
(357)
(391)
(430)
(471)
(519)
(556)
(600)
(636)
(663)
(673)
(632)
(663)
(709)
(770)
(894)
(955)
(1 017)
(1 064)
(1 093)
(1 104)
(1 101)
(1 120)
(1 126)
(1 152)
(1 155)
(1 173)
(1 190)
(1 189)
Gross Profit
564
N/A
578
+2%
592
+2%
606
+2%
618
+2%
640
+4%
670
+5%
716
+7%
768
+7%
815
+6%
870
+7%
936
+8%
1 019
+9%
1 117
+10%
1 209
+8%
1 303
+8%
1 383
+6%
1 448
+5%
1 523
+5%
1 589
+4%
1 655
+4%
1 744
+5%
1 736
0%
1 528
-12%
1 625
+6%
1 763
+9%
2 046
+16%
2 580
+26%
2 801
+9%
2 935
+5%
2 968
+1%
2 897
-2%
2 761
-5%
2 634
-5%
2 585
-2%
2 611
+1%
2 655
+2%
2 707
+2%
2 744
+1%
2 753
+0%
2 772
+1%
Operating Income
Operating Expenses
(369)
(385)
(392)
(411)
(437)
(452)
(477)
(500)
(528)
(566)
(613)
(660)
(707)
(763)
(819)
(874)
(927)
(981)
(1 037)
(1 101)
(1 171)
(1 229)
(1 269)
(1 260)
(1 300)
(1 376)
(1 503)
(1 695)
(1 832)
(1 959)
(2 018)
(2 028)
(2 010)
(1 980)
(2 007)
(2 049)
(2 071)
(2 050)
(2 080)
(2 070)
(2 092)
Selling, General & Administrative
(319)
(332)
(338)
(356)
(377)
(390)
(414)
(435)
(460)
(491)
(530)
(571)
(614)
(666)
(714)
(763)
(808)
(852)
(895)
(948)
(1 009)
(1 060)
(1 100)
(1 092)
(1 130)
(1 201)
(1 315)
(1 490)
(1 606)
(1 709)
(1 751)
(1 746)
(1 716)
(1 675)
(1 675)
(1 702)
(1 711)
(1 703)
(1 716)
(1 715)
(1 741)
Research & Development
(51)
(53)
(53)
(56)
(61)
(61)
(63)
(65)
(68)
(76)
(83)
(89)
(93)
(98)
(104)
(111)
(119)
(129)
(137)
(145)
(152)
(157)
(161)
(163)
(168)
(175)
(188)
(206)
(227)
(250)
(268)
(283)
(294)
(305)
(321)
(336)
(348)
(347)
(351)
(355)
(351)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(5)
(8)
(11)
(12)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(8)
(4)
0
0
0
0
0
0
0
0
0
0
(12)
(11)
(12)
0
(13)
0
0
Operating Income
195
N/A
194
-1%
201
+4%
194
-3%
181
-7%
189
+4%
193
+2%
216
+12%
240
+11%
249
+4%
257
+3%
276
+7%
313
+13%
354
+13%
390
+10%
429
+10%
456
+6%
467
+2%
486
+4%
489
+1%
484
-1%
515
+6%
467
-9%
269
-43%
325
+21%
387
+19%
543
+40%
885
+63%
969
+10%
976
+1%
949
-3%
868
-9%
751
-14%
654
-13%
578
-12%
562
-3%
584
+4%
657
+12%
664
+1%
683
+3%
680
-1%
Pre-Tax Income
Interest Income Expense
(2)
(3)
(5)
(5)
(5)
(3)
(2)
(2)
2
(6)
(4)
(1)
1
11
12
11
9
9
9
10
11
13
12
9
6
3
3
3
3
3
2
2
3
5
7
11
15
17
19
18
17
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(30)
21
28
28
58
7
0
0
43
43
43
43
0
0
0
(12)
0
0
0
(13)
0
(44)
(45)
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(7)
(8)
(9)
(14)
7
6
8
(5)
(20)
(11)
(11)
(2)
(1)
(8)
(11)
(13)
(27)
(50)
(49)
(39)
(29)
(16)
(19)
(18)
(20)
(11)
Pre-Tax Income
193
N/A
190
-1%
195
+3%
189
-3%
176
-7%
186
+6%
192
+3%
214
+12%
241
+13%
243
+0%
253
+4%
275
+8%
314
+14%
365
+16%
402
+10%
433
+8%
457
+6%
467
+2%
451
-3%
527
+17%
529
+0%
563
+6%
531
-6%
264
-50%
320
+21%
379
+18%
587
+55%
929
+58%
1 007
+8%
1 012
+1%
938
-7%
843
-10%
704
-17%
599
-15%
546
-9%
544
0%
584
+7%
641
+10%
665
+4%
637
-4%
641
+1%
Net Income
Tax Provision
(45)
(45)
(46)
(44)
(42)
(42)
(43)
(47)
(50)
(51)
(32)
(32)
(39)
(46)
(56)
(48)
(55)
(58)
(64)
(99)
(100)
(112)
1 361
1 437
1 418
1 397
(129)
(231)
(267)
(240)
(232)
(224)
(193)
(238)
(231)
(230)
(221)
(196)
(203)
(190)
(199)
Income from Continuing Operations
149
146
150
145
135
144
148
167
191
191
221
243
275
319
346
384
402
409
387
428
429
450
1 893
1 701
1 738
1 776
458
699
740
772
706
619
511
362
315
314
363
445
462
447
442
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
(1)
(2)
(3)
(5)
(6)
(3)
(4)
(5)
(5)
(9)
(11)
(11)
(10)
(8)
(4)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
149
N/A
146
-2%
150
+3%
145
-3%
135
-7%
144
+7%
148
+3%
167
+13%
191
+14%
190
-1%
219
+15%
238
+9%
269
+13%
231
-14%
258
+11%
295
+14%
313
+6%
400
+28%
376
-6%
417
+11%
419
+0%
443
+6%
1 889
+327%
1 701
-10%
1 738
+2%
1 776
+2%
458
-74%
699
+52%
740
+6%
772
+4%
706
-9%
619
-12%
511
-17%
362
-29%
315
-13%
314
0%
363
+16%
445
+23%
462
+4%
447
-3%
442
-1%
EPS (Diluted)
1.8
N/A
1.77
-2%
1.82
+3%
1.78
-2%
1.65
-7%
1.77
+7%
1.83
+3%
2.06
+13%
2.35
+14%
2.33
-1%
2.69
+15%
2.92
+9%
3.3
+13%
2.82
-15%
3.16
+12%
3.61
+14%
3.84
+6%
4.92
+28%
4.66
-5%
5.17
+11%
5.24
+1%
5.53
+6%
23.91
+332%
21.59
-10%
21.94
+2%
22.41
+2%
5.75
-74%
8.78
+53%
9.3
+6%
9.69
+4%
8.91
-8%
7.88
-12%
6.53
-17%
4.61
-29%
4.08
-11%
4.09
+0%
4.72
+15%
5.81
+23%
6.13
+6%
5.94
-3%
5.9
-1%

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