Align Technology
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Align Technology's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $3,862,260,000. The net income raised on $445,053,000 and profit margin reached 12%. Total operating expenses were $2,063,525,000.
Profit Margin
| 2014 | 761.65M | 145.83M | 19.15% |
|---|---|---|---|
| 2015 | 845.48M | 144.02M | 17.03% |
| 2016 | 1.07B | 189.68M | 17.57% |
| 2017 | 1.47B | 231.41M | 15.71% |
| 2018 | 1.96B | 400.23M | 20.35% |
| 2019 | 2.40B | 442.77M | 18.4% |
| 2020 | 2.47B | 1.77B | 71.84% |
| 2021 | 3.95B | 772.02M | 19.53% |
| 2022 | 3.73B | 361.57M | 9.68% |
| 2023 | 3.86B | 445.05M | 11.52% |
ALGN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.86B | 3.73B | 3.95B | 2.47B | 2.40B | 1.96B | 1.47B | 1.07B | 845.48M | 761.65M |
Cost of revenue | 1.15B | 1.10B | 1.01B | 708.70M | 662.89M | 518.62M | 356.46M | 264.58M | 205.37M | 183.21M |
Gross profit | 2.70B | 2.63B | 2.93B | 1.76B | 1.74B | 1.44B | 1.11B | 815.29M | 640.11M | 578.44M |
Operating exp. | ||||||||||
Research and development | 346.83M | 305.25M | 250.31M | 175.30M | 157.36M | 128.89M | 97.55M | 75.72M | 61.23M | 52.79M |
Selling and marketing | 0 | 0 | 0 | 0 | 119.1M | 0 | 70.1M | 0 | 23.4M | 217.26M |
Total operating expenses | 2.06B | 1.97B | 1.95B | 1.37B | 1.22B | 981.30M | 763.33M | 566.37M | 451.47M | 384.86M |
Operating income | 643.33M | 642.59M | 976.4M | 293.63M | 407.48M | 466.56M | 353.61M | 248.92M | 188.63M | 193.57M |
Other income (expenses), net | -2.13M | -43.53M | 36.02M | -8.22M | 155.16M | -8.48M | 11.18M | -6.35M | -2.53M | -3.20M |
Income before tax | 641.20M | 599.05M | 1.01B | 378.94M | 562.65M | 466.65M | 364.79M | 242.56M | 186.10M | 190.36M |
Income tax expense | 196.15M | 237.48M | 240.40M | -1.39B | 112.34M | 57.72M | 130.16M | 51.2M | 42.08M | 44.53M |
Net income | 445.05M | 361.57M | 772.02M | 1.77B | 442.77M | 400.23M | 231.41M | 189.68M | 144.02M | 145.83M |
Earnings per share | ||||||||||
Basic EPS | 5.82 | 4.62 | 9.78 | 22.55 | 5.57 | 5 | 2.89 | 2.38 | 1.8 | 1.81 |
Diluted EPS | 5.81 | 4.61 | 9.69 | 22.41 | 5.53 | 4.92 | 2.83 | 2.33 | 1.77 | 1.77 |
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