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.

Revenue
+1.92%
EPS
+143.9%
Free cash flow
+8.26%

Quarter to September 2026, against a year earlier

158.87 6.03 −3.66%
Market cap
$11.3B
P/E
23.1×
Fwd P/E
20.4×
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 September 2026 it was $749.9M. 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 7th of 51 Medical Instruments & Supplies companies by free cash flow.

Free cash flow, annual

Embed this chart

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
Sep 2026 $182.9M (8.12%)
Jun 2026 $199.1M 65.56%
Mar 2026 $120.3M (35.78%)
Dec 2025 $187.3M 10.83%
43 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 →

More on ALGN