Align Historical Income Statement

ALGN Stock  USD 170.00  0.37  0.22%   
Historical analysis of Align Technology income statement accounts such as Interest Expense of 2.3 M, Selling General Administrative of 1.9 B or Total Revenue of 4.2 B can show how well Align Technology performed in making a profits. Evaluating Align Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Align Technology's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Align Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Align Technology is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.

About Align Income Statement Analysis

Align Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Align Technology shareholders. The income statement also shows Align investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Align Technology Income Statement Chart

At this time, Align Technology's EBIT is very stable compared to the past year. As of the 27th of March 2025, Research Development is likely to grow to about 382.4 M, while Interest Expense is likely to drop about 2.3 M.

Total Revenue

Total revenue comprises all receipts Align Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Align Technology. It is also known as Align Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Align Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Align Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.At this time, Align Technology's EBIT is very stable compared to the past year. As of the 27th of March 2025, Research Development is likely to grow to about 382.4 M, while Interest Expense is likely to drop about 2.3 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses2.0B2.1B2.2B2.3B
Cost Of Revenue1.1B1.2B1.2B1.3B

Align Technology income statement Correlations

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0.170.130.160.170.130.190.160.050.170.130.140.320.910.150.08-0.10.15-0.220.090.070.160.250.1-0.12
0.770.130.990.990.990.920.910.970.930.990.990.910.180.480.08-0.210.5-0.590.850.060.670.820.940.5
0.760.160.991.01.00.930.930.980.951.01.00.930.190.440.13-0.120.46-0.550.870.110.680.830.940.51
0.760.170.991.00.990.940.940.970.960.990.990.940.210.450.13-0.120.46-0.550.870.120.660.820.930.49
0.770.130.991.00.990.90.910.990.931.01.00.90.170.440.11-0.130.45-0.530.880.10.70.840.950.54
0.670.190.920.930.940.90.990.850.980.90.910.990.240.370.27-0.110.37-0.580.810.260.530.70.810.34
0.660.160.910.930.940.910.990.860.990.90.910.970.190.320.31-0.050.32-0.480.840.30.570.720.810.41
0.720.050.970.980.970.990.850.860.890.990.990.830.10.340.16-0.120.36-0.490.90.150.760.850.950.61
0.760.170.930.950.960.930.980.990.890.920.930.970.190.360.25-0.060.38-0.50.840.230.580.740.830.46
0.760.130.991.00.991.00.90.90.990.921.00.890.160.420.12-0.130.44-0.520.880.110.710.840.960.54
0.770.140.991.00.991.00.910.910.990.931.00.90.170.450.1-0.130.46-0.540.870.090.70.840.950.54
0.680.320.910.930.940.90.990.970.830.970.890.90.370.440.2-0.130.44-0.60.780.190.530.720.80.31
0.140.910.180.190.210.170.240.190.10.190.160.170.370.160.09-0.230.16-0.430.130.080.290.350.120.0
0.480.150.480.440.450.440.370.320.340.360.420.450.440.16-0.78-0.120.99-0.40.05-0.790.00.260.45-0.01
-0.10.080.080.130.130.110.270.310.160.250.120.10.20.09-0.780.05-0.790.020.451.00.30.170.060.17
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0.530.150.50.460.460.450.370.320.360.380.440.460.440.160.99-0.79-0.16-0.40.07-0.80.040.290.440.04
-0.44-0.22-0.59-0.55-0.55-0.53-0.58-0.48-0.49-0.5-0.52-0.54-0.6-0.43-0.40.020.27-0.4-0.320.04-0.4-0.51-0.45-0.16
0.610.090.850.870.870.880.810.840.90.840.880.870.780.130.050.45-0.120.07-0.320.440.670.730.860.58
-0.120.070.060.110.120.10.260.30.150.230.110.090.190.08-0.791.00.03-0.80.040.440.290.160.050.17
0.460.160.670.680.660.70.530.570.760.580.710.70.530.290.00.3-0.130.04-0.40.670.290.920.620.74
0.610.250.820.830.820.840.70.720.850.740.840.840.720.350.260.17-0.190.29-0.510.730.160.920.750.62
0.670.10.940.940.930.950.810.810.950.830.960.950.80.120.450.06-0.160.44-0.450.860.050.620.750.53
0.56-0.120.50.510.490.540.340.410.610.460.540.540.310.0-0.010.170.030.04-0.160.580.170.740.620.53
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Align Technology Account Relationship Matchups

Align Technology income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization116.0M108.7M156.3M(14.0M)145.0M152.3M
Interest Expense8.2M36.0M5.4M2.1M2.5M2.3M
Selling General Administrative1.2B1.7B1.7B1.7B1.8B1.9B
Total Revenue2.5B4.0B3.7B3.9B4.0B4.2B
Gross Profit1.8B2.9B2.6B2.7B2.8B2.9B
Other Operating Expenses2.1B3.0B3.1B3.2B3.4B3.6B
Operating Income293.6M976.4M642.6M643.3M607.6M638.0M
Ebit271.2M976.4M599.1M643.3M671.8M705.4M
Research Development175.3M250.3M305.3M346.8M364.2M382.4M
Ebitda387.2M1.1B755.4M643.3M816.8M857.6M
Cost Of Revenue708.7M1.0B1.1B1.2B1.2B1.3B
Total Operating Expenses1.4B2.0B2.0B2.1B2.2B2.3B
Income Before Tax378.9M1.0B599.1M641.2M609.0M639.4M
Total Other Income Expense Net(8.2M)36.0M(43.5M)(2.1M)1.3M732.8K
Net Income1.8B772.0M361.6M445.1M421.4M226.9M
Income Tax Expense(1.4B)240.4M237.5M196.2M187.6M197.0M
Net Income Applicable To Common Shares442.8M1.8B772.0M361.6M415.8M314.0M
Net Income From Continuing Ops1.8B772.0M361.6M362.8M421.4M404.7M
Non Operating Income Net Other(8.6M)12.6M(8.2M)36.0M41.4M43.5M
Tax Provision(1.4B)240.4M237.5M220.8M187.6M197.0M
Interest Income3.1M3.1M5.4M15.0M20.2M21.2M
Net Interest Income3.1M3.1M5.4M15.0M20.2M21.2M
Reconciled Depreciation93.5M108.7M125.8M142.4M145.0M108.2M

Pair Trading with Align Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Align Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Align Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Align Stock

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Moving against Align Stock

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  0.75LUCD Lucid DiagnosticsPairCorr
  0.71GOSS Gossamer BioPairCorr
  0.47PAVM PAVmed IncPairCorr
The ability to find closely correlated positions to Align Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Align Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Align Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Align Technology to buy it.
The correlation of Align Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Align Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Align Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Align Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Align Technology. If investors know Align will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Align Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
5.51
Revenue Per Share
53.408
Quarterly Revenue Growth
0.04
Return On Assets
0.0687
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Align Technology's market value can be influenced by many factors that don't directly affect Align Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.