Align Technology, Inc.

ALGN Healthcare Medical Instruments & Supplies

Align Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 0.90% from fiscal 2024. In the quarter to June 2026, revenue grew 4.32%, EPS fell 12.2% and free cash flow grew 85.8%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.

147.31 2.03 −1.36%
Market cap
$10.6B
P/E
25.6×
Fwd P/E
20.7×
Dividend yield
—
F-score
6/9
Altman Z
4.73
Beneish M
−2.52
Dividend safety
n/a

Align Technology, Inc. (ALGN) Free cash flow

Alert me on Free cash flow

Align Technology, Inc.'s free cash flow for fiscal 2025 was $490.8M, down 21.2% from $622.7M in fiscal 2024. Over the twelve months to 30 June 2026 it was $675.6M. Over the past ten years it has ranged from $177.1M (fiscal 2016) to $771.4M (fiscal 2021); the current reading is higher than 55% of that period. Align Technology, Inc. ranks 8th of 54 Medical Instruments & Supplies companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $490.8M (21.18%)
FY2024 $622.7M 2.40%
FY2023 $608.1M 119.65%
FY2022 $276.8M (64.12%)
FY2021 $771.4M 52.08%
FY2020 $507.3M (15.11%)
FY2019 $597.6M 80.33%
FY2018 $331.4M 36.45%
FY2017 $242.8M 37.14%
FY2016 $177.1M (4.05%)

Quarterly newest first

Period Free cash flow Change
Jun 2026 $199.1M 65.56%
Mar 2026 $120.3M (35.78%)
Dec 2025 $187.3M 10.83%
Sep 2025 $169.0M 57.65%
42 more quarters

Against its own ten years

Low $177.1M High $771.4M
Ten-year median $490.8M
Current reading's percentile 55

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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