--- title: "Align Technology: Business Model" description: "Align Technology revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained." canonical: https://www.getswoopr.com/stocks/companies/align-technology/business-model/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Align Technology: Business Model & Revenue Engine ## Direct Answer Align Technology reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Clear Aligner is the largest, with $3.2 billion of revenue (80% of the total), followed by Systems and Services at $790 million (20%). 41% of revenue came from the United States. ## How Does Align Technology Make Money? Clear Aligner supplies 80% of revenue, so Align Technology's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Systems and Services grew fastest (+2.7%) and Clear Aligner slowest (+0.5%), so the revenue mix tilts toward Systems and Services while that gap lasts. | Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Clear Aligner | $3.2 billion | $3.2 billion | 80.4% | 0.5% | | Systems and Services | $790 million | $769 million | 19.6% | 2.7% | ![Bar chart of Align Technology revenue by segment for fiscal 2025: Clear Aligner 80.4%, Systems and Services 19.6%.](https://www.getswoopr.com/images/charts/align-technology-business-model-segment-mix.webp) *Align Technology revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.* ## Which Align Technology Segments Earn the Most? | Segment | FY2025 segment operating income | Segment margin | | --- | --- | --- | | Clear Aligner | $1.0 billion | 31.9% | | Systems and Services | $306 million | 38.8% | Segment operating income is the profit measure Align Technology reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Align Technology more safely than against another company. ## Where Does Align Technology's Revenue Come From? Regions follow the definitions in the filing; most companies assign revenue by customer location. | Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | United States | $1.7 billion | $1.7 billion | 41.2% | -2.0% | | Other International | $1.5 billion | $1.3 billion | 36.0% | 10.1% | | Switzerland | $921 million | $984 million | 22.8% | -6.4% | ## What the Segment Figures Do Not Show The rows above add up to 100% of Align Technology's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin. ## Where These Numbers Come From Every figure on this page is a value Align Technology reported in the segment note and revenue disclosures of its Form 10-K filed February 27, 2026 (accession 0001097149-26-000014), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading. Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What are Align Technology's business segments? In its fiscal 2025 Form 10-K, Align Technology reports revenue for Clear Aligner and Systems and Services. ### Which part of Align Technology brings in the most revenue? Clear Aligner, with $3.2 billion of revenue in fiscal 2025, or 80% of the total. ### How much of Align Technology's revenue comes from outside the United States? 59% in fiscal 2025, by the geographic breakdown Align Technology reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies. ## References - [SEC EDGAR: ALIGN TECHNOLOGY INC Form 10-K filed February 27, 2026](https://www.sec.gov/Archives/edgar/data/1097149/000109714926000014/algn-20251231.htm) - [SEC EDGAR: ALIGN TECHNOLOGY INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1097149&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) - [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets) ## Related Pages - [Align Technology company dossier](https://www.getswoopr.com/stocks/companies/align-technology/) - [Align Technology financial metrics](https://www.getswoopr.com/stocks/companies/align-technology/metrics/) - [Align Technology financial risk indicators](https://www.getswoopr.com/stocks/companies/align-technology/risks/) - [Align Technology peer comparison](https://www.getswoopr.com/stocks/companies/align-technology/competitors/) - [Align Technology business model and revenue mix](https://www.getswoopr.com/stocks/companies/align-technology/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).