← ALIGN TECHNOLOGY INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.1b | $1.5b | $2.0b | $2.4b | $2.5b | $4.0b | $3.7b | $3.9b | $4.0b | $4.0b | |
| Cost of Goods and Services Sold | $264.6m | $356.5m | $518.6m | $662.9m | $708.7m | $1.0b | $1.1b | $1.2b | $1.2b | $1.3b | |
| Gross Profit | $815.3m | $1.1b | $1.4b | $1.7b | $1.8b | $2.9b | $2.6b | $2.7b | $2.8b | $2.7b | |
| Operating Expenses | $566.4m | $763.3m | $981.3m | $1.2b | $1.4b | $2.0b | $2.0b | $2.1b | $2.2b | $2.2b | |
| Operating Income (Loss) | $248.9m | $353.6m | $466.6m | $542.5m | $387.2m | $976.4m | $642.6m | $643.3m | $607.6m | $545.8m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | $6.0m | $5.9m | $13.4m | $16.6m | $16.0m | $16.4m | $18.9m | $18.8m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $5.9m | — | — | $5.0m | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($8.0m) | $9.0m | ($5.6m) | ($2.0m) | $6.8m | ($13.3m) | ($43.8m) | ($7.0m) | ($21.0m) | $11.3m | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $51.0m | $0 | $0 | $0 | $0 | ($31.0m) | ($4.2m) | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $118.9m | $123.7m | $171.7m | $185.0m | $173.1m | $378.5m | $268.1m | $315.6m | $334.5m | $280.9m | |
| Income (Loss) from Equity Method Investments | ($1.7m) | ($3.2m) | ($8.7m) | ($7.5m) | $0 | $0 | — | — | — | — | |
| Interest Income, Operating | — | — | $8.6m | $12.5m | — | — | — | — | — | — | |
| Interest Income, Other | — | — | — | — | $3.1m | $3.1m | $5.4m | $17.3m | $20.2m | $16.0m | |
| Operating Lease, Lease Income | — | — | — | — | — | — | $12.3m | $16.6m | $21.7m | $28.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $1.0b | $599.1m | $641.2m | $609.0m | $585.3m | |
| Net Income (Loss) Attributable to Parent | $189.7m | $231.4m | $400.2m | $442.8m | $1.8b | $772.0m | $361.6m | $445.1m | $421.4m | $410.4m | |
| Earnings Per Share, Basic | $2.38 | $2.89 | $5.00 | $5.57 | $22.55 | $9.78 | $4.62 | $5.82 | $5.63 | $5.66 | |
| Earnings Per Share, Diluted | $2.33 | $2.83 | $4.92 | $5.53 | $22.41 | $9.69 | $4.61 | $5.81 | $5.62 | $5.65 | |
| Weighted Average Number of Shares Outstanding, Basic | 79.9m | 80.1m | 80.1m | 79.4m | 78.8m | 78.9m | 78.2m | 76.4m | 74.9m | 72.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 81.5m | 81.8m | 81.4m | 80.1m | 79.2m | 79.7m | 78.4m | 76.6m | 75.0m | 72.6m | |
| Research and Development Expense | $75.7m | $97.6m | $128.9m | $157.4m | $175.3m | $250.3m | $305.3m | $346.8m | $364.2m | $369.9m | |
| Selling, General and Administrative Expense | — | — | — | — | $1.2b | $1.7b | $1.7b | $1.7b | $1.8b | $1.8b | |
| Other Nonoperating Income (Expense) | ($6.4m) | $11.2m | ($8.5m) | $7.7m | — | — | — | — | — | — | |
| Selling and Marketing Expense | $490.7m | $665.8m | $852.4m | $1.1b | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $51.2m | $130.2m | $57.7m | $112.3m | ($1.4b) | $240.4m | $237.5m | $196.2m | $187.6m | $174.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.