Align Technology Inc
NASDAQ:ALGN
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Align Technology Inc
Operating Income
Align Technology Inc
Operating Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Align Technology Inc
NASDAQ:ALGN
|
Operating Income
$679.5m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
7%
|
CAGR 10-Years
13%
|
||
Haemonetics Corp
NYSE:HAE
|
Operating Income
$215m
|
CAGR 3-Years
53%
|
CAGR 5-Years
7%
|
CAGR 10-Years
9%
|
||
DENTSPLY SIRONA Inc
NASDAQ:XRAY
|
Operating Income
$263m
|
CAGR 3-Years
-24%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
-5%
|
||
ICU Medical Inc
NASDAQ:ICUI
|
Operating Income
$53.9m
|
CAGR 3-Years
-27%
|
CAGR 5-Years
-24%
|
CAGR 10-Years
2%
|
||
Lantheus Holdings Inc
NASDAQ:LNTH
|
Operating Income
$474.3m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
53%
|
CAGR 10-Years
34%
|
||
Merit Medical Systems Inc
NASDAQ:MMSI
|
Operating Income
$152.7m
|
CAGR 3-Years
31%
|
CAGR 5-Years
34%
|
CAGR 10-Years
15%
|
Align Technology Inc
Glance View
Align Technology Inc., a pioneer in the orthodontics industry, has revolutionized the way teeth straightening is perceived, moving away from traditional bracketed wire braces to sleek, invisible aligners. Founded in 1997 by Zia Chishti and Kelsey Wirth, the company capitalized on a gap in the market for more aesthetically pleasing orthodontic solutions, ultimately launching its flagship product, Invisalign. Leveraging a combination of 3D computer imaging technology and mass customization, Align Technology creates tailored aligners that gradually move teeth into the desired position. The aligners are not only discreet but also removable, offering a level of convenience that latches onto the desires of image-conscious teens and adults alike. The company's business model is firmly anchored in both product innovation and strategic marketing. With Invisalign, Align Technology generates revenue by selling its clear aligner systems primarily to orthodontists and general practitioner dentists. The success of their model rests heavily on establishing and maintaining relationships with these dental professionals, who in turn promote the product to patients. Additionally, Align supports its aligners with a suite of digital orthodontic solutions, including the iTero intraoral scanners, which enhance the precision of orthodontic treatments. This integration of proprietary technology with ongoing educational initiatives ensures that Align Technology doesn’t just sell a product, but rather, innovates a comprehensive service that drives sustained brand loyalty and repeat business.
See Also
What is Align Technology Inc's Operating Income?
Operating Income
679.5m
USD
Based on the financial report for Sep 30, 2024, Align Technology Inc's Operating Income amounts to 679.5m USD.
What is Align Technology Inc's Operating Income growth rate?
Operating Income CAGR 10Y
13%
Over the last year, the Operating Income growth was 16%. The average annual Operating Income growth rates for Align Technology Inc have been -11% over the past three years , 7% over the past five years , and 13% over the past ten years .