Direct Answer
Align Technology reported revenue of $4.0 billion for the fiscal year ended December 31, 2025, with an operating margin of 13.5% and net income of $410 million, according to its SEC filings. Revenue grew 0.9% from the prior year.
What Are Align Technology's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $4.0 billion | $4.0 billion | $3.9 billion | $3.7 billion |
| Operating income | $546 million | $608 million | $643 million | $643 million |
| Operating margin | 13.5% | 15.2% | 16.7% | 17.2% |
| Net income | $410 million | $421 million | $445 million | $362 million |
| Net margin | 10.2% | 10.5% | 11.5% | 9.7% |
| Operating cash flow | $593 million | $738 million | $786 million | $569 million |
| Capital expenditures | $102 million | $116 million | $178 million | $292 million |
| Free cash flow | $491 million | $623 million | $608 million | $277 million |
Operating margin narrowed by 1.7 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $491 million against net income of $410 million; cash generation covered reported earnings.
What Does Align Technology's Balance Sheet Show?
| Cash and cash equivalents | $1.1 billion |
|---|---|
| Long-term debt | Not reported |
| Total assets | $6.2 billion |
| Total liabilities | $2.2 billion |
| Shareholders' equity | $4.0 billion |
| Current ratio | 1.4x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Align Technology reported in its own SEC filings, read from the SEC's XBRL data (accession 0001097149-26-000014 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Align Technology's revenue in fiscal 2025?
Align Technology reported revenue of $4.0 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Align Technology's operating margin?
Align Technology's operating margin was 13.5% in fiscal 2025: operating income of $546 million on revenue of $4.0 billion.
How much free cash flow did Align Technology generate?
Operating cash flow of $593 million less capital expenditures of $102 million gives free cash flow of $491 million for fiscal 2025.