ALIGN TECHNOLOGY, INC. (ALGN)

Import this data to Google Sheets with:

=jivedata("ALGN","financials")

Full statements spill as a table. For one cell: =jivedata("ALGN","Revenue") or =jivedata("ALGN","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

ALIGN TECHNOLOGY, INC.

ALGN • CIK 0001097149

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$3,862,260	$3,999,012	$4,034,964	$4,139,532
Cost of Revenue	$1,155,397	$1,199,853	$1,323,951	$1,322,727
Gross Profit	$2,706,863	$2,799,159	$2,711,013	$2,816,805
Operating Income (Loss)	$643,338	$607,628	$545,755	$547,590
Interest Income, Other	$17,258	$20,218	$16,045	$16,417
Nonoperating Income (Expense)	$-19,392	$-18,887	$23,487	$4,901
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$641,204	$608,959	$585,287	$568,908
Income Tax Expense (Benefit)	$196,151	$187,597	$174,936	$155,330
Net Income (Loss) Attributable to Parent	$445,053	$421,362	$410,351	$413,578
Selling, General and Administrative Expense	$1,703,379	$1,763,193	$1,755,791	$1,787,489
Research and Development Expense	$346,830	$364,202	$369,911	$377,002
Gain (Loss) Related to Litigation Settlement	$0	$-30,968	$-4,178	$-30,632
Operating Expenses	$2,063,525	$2,191,531	$2,165,258	$2,269,215
Weighted Average Number of Shares Outstanding, Basic	76,426,000	74,877,000	72,542,000	70,941,000
Weighted Average Number of Shares Outstanding, Diluted	76,568,000	74,993,000	72,588,000	71,119,000

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash and Cash Equivalents, at Carrying Value	$937,438	$1,043,887	$1,094,908	$1,102,591
Accounts Receivable, after Allowance for Credit Loss, Current	$903,424	$995,685	$1,101,757	$1,148,392
Property, Plant and Equipment, Net	$1,290,863	$1,271,134	$1,131,453	$1,114,261
Inventory, Net	$296,902	$254,287	$226,343	$212,240
Operating Lease, Right-of-Use Asset	$117,999	$113,376	$108,322	$115,364
Prepaid Expense and Other Assets, Current	$273,550	$198,582	$165,571	$199,826
Goodwill	$419,530	$442,630	$491,833	$497,301
Disposal Group, Including Discontinued Operation, Assets, Current	—	—	$27,983	$0
Intangible Assets, Net (Excluding Goodwill)	$82,118	$103,488	$93,933	$94,927
Assets, Current	$2,446,618	$2,492,441	$2,616,562	$2,663,049
Deferred Income Tax Assets, Net	$1,590,045	$1,557,372	$1,513,542	$1,479,864
Other Assets, Noncurrent	$128,682	$234,159	$278,048	$452,815
Assets	$6,083,877	$6,214,600	$6,233,693	$6,417,581
Accrued Income Taxes, Noncurrent	$116,744	$96,466	$68,200	$69,964
Operating Lease, Liability, Noncurrent	$96,968	$88,214	$82,507	$86,618
Other Liabilities, Noncurrent	$173,065	$139,908	$113,824	$119,949
Liabilities	$2,453,388	$2,362,615	$2,184,546	$2,185,128
Accounts Payable, Current	$113,125	$108,693	$121,450	$109,841
Accrued Liabilities, Current	$525,780	$598,188	$536,749	$611,568
Deferred Revenue, Current	$1,427,706	$1,331,146	$1,261,816	$1,187,188
Liabilities, Current	$2,066,611	$2,038,027	$1,920,015	$1,908,597
Preferred Stock, Value, Issued	$0	$0	$0	$0
Common Stock, Value, Issued	$7	$7	$7	$7
Additional Paid in Capital	$1,162,140	$1,362,234	$1,509,595	$1,570,297
Accumulated Other Comprehensive Income (Loss), Net of Tax	$21,168	$5,978	$75,388	$66,586
Retained Earnings (Accumulated Deficit)	$2,447,174	$2,483,766	$2,464,157	$2,595,563
Stockholders' Equity Attributable to Parent	$3,630,489	$3,851,985	$4,049,147	$4,232,453
Accounts Receivable, Allowance for Credit Loss, Current	$14,893	$19,131	$34,213	$27,021
Preferred Stock, Shares Authorized	5,000,000	5,000,000	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0	0	0
Common Stock, Shares Authorized	200,000,000	200,000,000	200,000,000	200,000,000
Common Stock, Shares, Issued	75,075,000	73,849,000	71,364,000	71,245,000
Inventory, Raw Materials, Net of Reserves	$145,492	$124,377	$107,296	$92,010
Inventory, Work in Process, Net of Reserves	$91,259	$73,660	$65,679	$64,677
Inventory, Finished Goods, Net of Reserves	$60,151	$56,250	$53,368	$55,553
Inventory Write-down	—	—	$14,900	$14,900
Depreciation	$126,000	$126,200	$218,600	$218,600
Revenue from Contract with Customer, Excluding Assessed Tax	$3,862,260	$3,999,012	$4,034,964	$2,096,279
Contract with Customer, Liability, Revenue Recognized	$732,400	$819,000	$840,500	$480,700
Value Added Tax Receivable, Current	$143,728	$34,028	$55,819	$55,819
Prepaid Expense, Current	$52,487	$82,978	$62,478	$101,098
Other Assets, Current	$77,335	$81,576	$47,274	$52,187
Property, Plant and Equipment, Gross	$1,841,625	$1,932,846	$1,898,777	$1,898,777
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$550,762	$661,712	$767,324	$767,324
Standard Product Warranty Accrual	$22,426	$31,211	$24,411	$12,224
Standard Product Warranty Accrual, Increase for Warranties Issued	$18,248	$21,962	$5,333	$5,333
Standard Product Warranty Accrual, Decrease for Payments	$13,695	$13,177	$12,133	$3,554
Deferred Revenue, Noncurrent	$138,000	$102,164	$85,543	$90,458
Employee-related Liabilities, Current	$220,862	$248,003	$226,149	$245,230
Other Sundry Liabilities, Current	$71,109	$66,391	$61,049	$62,882
Accrued Income Taxes, Current	$38,103	$48,808	$44,049	$39,509
Accrued Marketing Costs, Current	$34,035	$37,617	$29,941	$36,759
Operating Lease, Liability, Current	$29,651	$31,063	$31,939	$34,224
Other Accrued Liabilities, Current	$108,402	$152,844	$133,153	$95,040

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$445,053	$421,362	$410,351	$413,578
Net Cash Provided by (Used in) Operating Activities	$785,776	$738,231	$593,223	$755,696
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$4,671	$-21,153	$35,025	$-7,540
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$-3,836	$106,444	$51,223	$201,641
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$938,519	$1,044,963	$1,096,186	$1,283,244
Deferred Income Tax Expense (Benefit)	$-18,642	$25,756	$33,085	$65,269
Payments to Acquire Businesses, Net of Cash Acquired	$0	$77,075	$0	$18,963
Depreciation, Depletion and Amortization	$142,401	$145,034	$237,436	$254,391
Payments to Acquire Property, Plant, and Equipment	$177,716	$115,580	$102,445	$122,127
Share-based Payment Arrangement, Noncash Expense	$154,026	$173,703	$185,870	$179,149
Payments to Acquire Debt Securities, Available-for-sale	$2,910	$0	$0	$0
Operating Lease, Right-of-Use Asset, Amortization Expense	$33,107	$38,438	$39,742	$40,922
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale	$55,170	$25,660	$0	$0
Impairment of Long-Lived Assets to be Disposed of	—	—	$23,142	$11,443
Proceeds from Sale of Debt Securities, Available-for-sale	$6,234	$18,193	$0	$0
Other Noncash Income (Expense)	$-32,733	$-12,256	$-37,686	$-40,726
Payments for (Proceeds from) Other Investing Activities	$-278	$-235	$0	$0
Net Cash Provided by (Used in) Investing Activities	$-195,943	$-254,912	$-112,445	$-269,415
Proceeds from Issuance of Common Stock	$26,595	$25,281	$21,749	$19,558
Payments for Repurchase of Common Stock	$592,360	$352,878	$465,939	$266,931
Payment, Tax Withholding, Share-based Payment Arrangement	$22,575	$28,125	$20,390	$29,727
Net Cash Provided by (Used in) Financing Activities	$-598,340	$-355,722	$-464,580	$-277,100
Increase (Decrease) in Accounts Receivable	$104,614	$153,487	$139,909	$90,523
Increase (Decrease) in Inventories	$-30,169	$-25,053	$-808	$2,148
Increase (Decrease) in Prepaid Expense and Other Assets	$51,013	$-67,527	$-13,431	$-10,169
Increase (Decrease) in Accounts Payable	$-7,703	$-843	$5,330	$2,556
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities	$46,327	$89,705	$-95,654	$419
Increase (Decrease) in Income Taxes Payable	$-7,772	$-20,279	$-28,265	$-33,170
Increase (Decrease) in Deferred Revenue	$86,714	$-80,109	$-111,756	$-111,512

Jive Data

Google Sheets add-onSheets Account

Import this data to Google Sheets with:

=jivedata("ALGN","financials")

Full statements spill as a table. For one cell: =jivedata("ALGN","Revenue") or =jivedata("ALGN","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

ALIGN TECHNOLOGY, INC.

ALGN • CIK 0001097149

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$3,862,260	$3,999,012	$4,034,964	$4,139,532
Cost of Revenue	$1,155,397	$1,199,853	$1,323,951	$1,322,727
Gross Profit	$2,706,863	$2,799,159	$2,711,013	$2,816,805
Operating Income (Loss)	$643,338	$607,628	$545,755	$547,590
Interest Income, Other	$17,258	$20,218	$16,045	$16,417
Nonoperating Income (Expense)	$-19,392	$-18,887	$23,487	$4,901
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$641,204	$608,959	$585,287	$568,908
Income Tax Expense (Benefit)	$196,151	$187,597	$174,936	$155,330
Net Income (Loss) Attributable to Parent	$445,053	$421,362	$410,351	$413,578
Selling, General and Administrative Expense	$1,703,379	$1,763,193	$1,755,791	$1,787,489
Research and Development Expense	$346,830	$364,202	$369,911	$377,002
Gain (Loss) Related to Litigation Settlement	$0	$-30,968	$-4,178	$-30,632
Operating Expenses	$2,063,525	$2,191,531	$2,165,258	$2,269,215
Weighted Average Number of Shares Outstanding, Basic	76,426,000	74,877,000	72,542,000	70,941,000
Weighted Average Number of Shares Outstanding, Diluted	76,568,000	74,993,000	72,588,000	71,119,000

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash and Cash Equivalents, at Carrying Value	$937,438	$1,043,887	$1,094,908	$1,102,591
Accounts Receivable, after Allowance for Credit Loss, Current	$903,424	$995,685	$1,101,757	$1,148,392
Property, Plant and Equipment, Net	$1,290,863	$1,271,134	$1,131,453	$1,114,261
Inventory, Net	$296,902	$254,287	$226,343	$212,240
Operating Lease, Right-of-Use Asset	$117,999	$113,376	$108,322	$115,364
Prepaid Expense and Other Assets, Current	$273,550	$198,582	$165,571	$199,826
Goodwill	$419,530	$442,630	$491,833	$497,301
Disposal Group, Including Discontinued Operation, Assets, Current	—	—	$27,983	$0
Intangible Assets, Net (Excluding Goodwill)	$82,118	$103,488	$93,933	$94,927
Assets, Current	$2,446,618	$2,492,441	$2,616,562	$2,663,049
Deferred Income Tax Assets, Net	$1,590,045	$1,557,372	$1,513,542	$1,479,864
Other Assets, Noncurrent	$128,682	$234,159	$278,048	$452,815
Assets	$6,083,877	$6,214,600	$6,233,693	$6,417,581
Accrued Income Taxes, Noncurrent	$116,744	$96,466	$68,200	$69,964
Operating Lease, Liability, Noncurrent	$96,968	$88,214	$82,507	$86,618
Other Liabilities, Noncurrent	$173,065	$139,908	$113,824	$119,949
Liabilities	$2,453,388	$2,362,615	$2,184,546	$2,185,128
Accounts Payable, Current	$113,125	$108,693	$121,450	$109,841
Accrued Liabilities, Current	$525,780	$598,188	$536,749	$611,568
Deferred Revenue, Current	$1,427,706	$1,331,146	$1,261,816	$1,187,188
Liabilities, Current	$2,066,611	$2,038,027	$1,920,015	$1,908,597
Preferred Stock, Value, Issued	$0	$0	$0	$0
Common Stock, Value, Issued	$7	$7	$7	$7
Additional Paid in Capital	$1,162,140	$1,362,234	$1,509,595	$1,570,297
Accumulated Other Comprehensive Income (Loss), Net of Tax	$21,168	$5,978	$75,388	$66,586
Retained Earnings (Accumulated Deficit)	$2,447,174	$2,483,766	$2,464,157	$2,595,563
Stockholders' Equity Attributable to Parent	$3,630,489	$3,851,985	$4,049,147	$4,232,453
Accounts Receivable, Allowance for Credit Loss, Current	$14,893	$19,131	$34,213	$27,021
Preferred Stock, Shares Authorized	5,000,000	5,000,000	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0	0	0
Common Stock, Shares Authorized	200,000,000	200,000,000	200,000,000	200,000,000
Common Stock, Shares, Issued	75,075,000	73,849,000	71,364,000	71,245,000
Inventory, Raw Materials, Net of Reserves	$145,492	$124,377	$107,296	$92,010
Inventory, Work in Process, Net of Reserves	$91,259	$73,660	$65,679	$64,677
Inventory, Finished Goods, Net of Reserves	$60,151	$56,250	$53,368	$55,553
Inventory Write-down	—	—	$14,900	$14,900
Depreciation	$126,000	$126,200	$218,600	$218,600
Revenue from Contract with Customer, Excluding Assessed Tax	$3,862,260	$3,999,012	$4,034,964	$2,096,279
Contract with Customer, Liability, Revenue Recognized	$732,400	$819,000	$840,500	$480,700
Value Added Tax Receivable, Current	$143,728	$34,028	$55,819	$55,819
Prepaid Expense, Current	$52,487	$82,978	$62,478	$101,098
Other Assets, Current	$77,335	$81,576	$47,274	$52,187
Property, Plant and Equipment, Gross	$1,841,625	$1,932,846	$1,898,777	$1,898,777
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$550,762	$661,712	$767,324	$767,324
Standard Product Warranty Accrual	$22,426	$31,211	$24,411	$12,224
Standard Product Warranty Accrual, Increase for Warranties Issued	$18,248	$21,962	$5,333	$5,333
Standard Product Warranty Accrual, Decrease for Payments	$13,695	$13,177	$12,133	$3,554
Deferred Revenue, Noncurrent	$138,000	$102,164	$85,543	$90,458
Employee-related Liabilities, Current	$220,862	$248,003	$226,149	$245,230
Other Sundry Liabilities, Current	$71,109	$66,391	$61,049	$62,882
Accrued Income Taxes, Current	$38,103	$48,808	$44,049	$39,509
Accrued Marketing Costs, Current	$34,035	$37,617	$29,941	$36,759
Operating Lease, Liability, Current	$29,651	$31,063	$31,939	$34,224
Other Accrued Liabilities, Current	$108,402	$152,844	$133,153	$95,040

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$445,053	$421,362	$410,351	$413,578
Net Cash Provided by (Used in) Operating Activities	$785,776	$738,231	$593,223	$755,696
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$4,671	$-21,153	$35,025	$-7,540
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$-3,836	$106,444	$51,223	$201,641
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$938,519	$1,044,963	$1,096,186	$1,283,244
Deferred Income Tax Expense (Benefit)	$-18,642	$25,756	$33,085	$65,269
Payments to Acquire Businesses, Net of Cash Acquired	$0	$77,075	$0	$18,963
Depreciation, Depletion and Amortization	$142,401	$145,034	$237,436	$254,391
Payments to Acquire Property, Plant, and Equipment	$177,716	$115,580	$102,445	$122,127
Share-based Payment Arrangement, Noncash Expense	$154,026	$173,703	$185,870	$179,149
Payments to Acquire Debt Securities, Available-for-sale	$2,910	$0	$0	$0
Operating Lease, Right-of-Use Asset, Amortization Expense	$33,107	$38,438	$39,742	$40,922
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale	$55,170	$25,660	$0	$0
Impairment of Long-Lived Assets to be Disposed of	—	—	$23,142	$11,443
Proceeds from Sale of Debt Securities, Available-for-sale	$6,234	$18,193	$0	$0
Other Noncash Income (Expense)	$-32,733	$-12,256	$-37,686	$-40,726
Payments for (Proceeds from) Other Investing Activities	$-278	$-235	$0	$0
Net Cash Provided by (Used in) Investing Activities	$-195,943	$-254,912	$-112,445	$-269,415
Proceeds from Issuance of Common Stock	$26,595	$25,281	$21,749	$19,558
Payments for Repurchase of Common Stock	$592,360	$352,878	$465,939	$266,931
Payment, Tax Withholding, Share-based Payment Arrangement	$22,575	$28,125	$20,390	$29,727
Net Cash Provided by (Used in) Financing Activities	$-598,340	$-355,722	$-464,580	$-277,100
Increase (Decrease) in Accounts Receivable	$104,614	$153,487	$139,909	$90,523
Increase (Decrease) in Inventories	$-30,169	$-25,053	$-808	$2,148
Increase (Decrease) in Prepaid Expense and Other Assets	$51,013	$-67,527	$-13,431	$-10,169
Increase (Decrease) in Accounts Payable	$-7,703	$-843	$5,330	$2,556
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities	$46,327	$89,705	$-95,654	$419
Increase (Decrease) in Income Taxes Payable	$-7,772	$-20,279	$-28,265	$-33,170
Increase (Decrease) in Deferred Revenue	$86,714	$-80,109	$-111,756	$-111,512

ALIGN TECHNOLOGY, INC.

C O N S O L I D A T E D S T A T E M E N T S O F O P E R A T I O N S

C O N S O L I D A T E D B A L A N C E S H E E T S

C O N S O L I D A T E D S T A T E M E N T S O F C A S H F L O W S

ALIGN TECHNOLOGY, INC.

C O N S O L I D A T E D S T A T E M E N T S O F O P E R A T I O N S

C O N S O L I D A T E D B A L A N C E S H E E T S

C O N S O L I D A T E D S T A T E M E N T S O F C A S H F L O W S