Companies / Health Care
ALGN
Align Technology
Health Care Supplies
Health Care SuppliesAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health66
Growth31
Profitability57
Cash generation74
Balance sheet77
Dilution control90
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)1.9%Revenue growth (FY)0.9%Revenue CAGR (3y)2.6%Gross margin67.2%Operating margin13.5%Net margin10.2%Free cash flow margin12.2%R&D / revenue9.2%Stock comp / revenue4.6%Net debt / operating cash flow—Current ratio1.36Diluted share count change-3.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.7B | $3.9B | $4.0B | $4.0B |
| Gross profit | $2.9B | $2.6B | $2.7B | $2.8B | $2.7B |
| Operating income | $976M | $643M | $643M | $608M | $546M |
| Net income | $772M | $362M | $445M | $421M | $410M |
| Operating cash flow | $1.2B | $569M | $786M | $738M | $593M |
| Capital expenditure | $401M | $292M | $178M | $116M | $102M |
| Free cash flow | $771M | $277M | $608M | $623M | $491M |
| R&D | $250M | $305M | $347M | $364M | $370M |
| Stock-based comp | $114M | $133M | $154M | $174M | $186M |
| Buybacks | $375M | $435M | $592M | $353M | $466M |
| Cash | $1.1B | $942M | $937M | $1.0B | $1.1B |
| Equity | $3.6B | $3.6B | $3.6B | $3.9B | $4.0B |
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