To the full analysis
Align Technology stock: growth
ALGNAlign Technology reported $4.03B in revenue for fiscal 2025, up 0.9% on the prior year, up 10.3% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
16.9%
per year from 2006 to 2025, per share 16.1%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 10.3% | 16.9% | 16.9% |
| Revenue per share | 12.1% | 18.1% | 16.1% |
| Earnings | −25.4% | 11.0% | no data |
| Earnings per share | −24.2% | 12.1% | no data |
| Free cash flow | −0.7% | 10.3% | no data |
| Free cash flow per share | 1.0% | 11.4% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $206.35M | −$34.96M | −$38.06M |
| 2007 | $284.33M | $35.72M | $45.35M |
| 2008 | $303.98M | $79.99M | $25.41M |
| 2009 | $312.33M | −$31.27M | $66.97M |
| 2010 | $387.13M | $74.25M | $111.5M |
| 2011 | $479.74M | $66.72M | $100.07M |
| 2012 | $560.04M | $58.69M | $95.45M |
| 2013 | $660.21M | $64.3M | $166.56M |
| 2014 | $761.65M | $145.83M | $202.81M |
| 2015 | $845.49M | $144.02M | $184.55M |
| 2016 | $1.08B | $189.68M | $177.08M |
| 2017 | $1.47B | $231.42M | $242.84M |
| 2018 | $1.97B | $400.24M | $331.37M |
| 2019 | $2.41B | $442.78M | $597.56M |
| 2020 | $2.47B | $1.78B | $507.26M |
| 2021 | $3.95B | $772.02M | $771.45M |
| 2022 | $3.73B | $361.57M | $276.83M |
| 2023 | $3.86B | $445.05M | $608.06M |
| 2024 | $4B | $421.36M | $622.65M |
| 2025 | $4.03B | $410.35M | $490.78M |
Revenue by segment
How Align Technology, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Clear Aligner80%
- Scanners And Services20%
Figures as a table
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|
| Clear Aligner | $2.1B | $3.25B | $3.07B | $3.2B | $3.23B | $3.25B | 80.4% |
| Scanners And Services | $370.48M | $705.5M | $662.05M | $662.93M | $768.89M | $789.56M | 19.6% |
| Total revenue | $2.47B | $3.95B | $3.73B | $3.86B | $4B | $4.03B | 100% |
Revenue by region
Where Align Technology, Inc. generates its revenue.
- United States41%
- Switzerland23%
- Other36%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|
| United States | $1.1B | $1.72B | $1.66B | $1.67B | $1.7B | $1.66B | 41.2% |
| Switzerland | $809.08M | $1.35B | $1.22B | $1.17B | $983.63M | $920.59M | 22.8% |
| Other | $563.3M | $875.06M | $858.5M | $1.03B | $1.32B | $1.45B | 36% |
| Total revenue | $2.47B | $3.95B | $3.73B | $3.86B | $4B | $4.03B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
- Valuation signal Fairly valued since 7 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.