Align Technology, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.09B | $1.04B | $937.4M | $942.1M | $1.10B | $960.8M | $550.4M | $636.9M |
| Accounts Receivable | $1.10B | $995.7M | $903.4M | $859.7M | $897.2M | $657.7M | $550.3M | $439.0M |
| Inventory | $226.3M | $254.3M | $296.9M | $338.8M | $230.2M | $139.2M | $112.1M | $55.6M |
| Total Current Assets | $2.62B | $2.49B | $2.45B | $2.42B | $2.49B | $1.85B | $1.63B | $1.30B |
| Property, Plant & Equipment | $1.13B | $1.27B | $1.29B | $1.23B | $1.08B | $734.7M | $631.7M | $521.3M |
| Goodwill | $491.8M | $442.6M | $419.5M | $407.6M | $418.5M | $444.8M | $63.9M | $64.0M |
| Intangible Assets (Excl. Goodwill) | $93.9M | $103.5M | $82.1M | $95.7M | $109.7M | $130.1M | $11.8M | $17.9M |
| Total Assets | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B | $4.83B | $2.50B | $2.05B |
| Liabilities | ||||||||
| Accounts Payable | $121.5M | $108.7M | $113.1M | $127.9M | $163.9M | $142.1M | $87.3M | $64.3M |
| Total Current Liabilities | $1.92B | $2.04B | $2.07B | $1.93B | $1.92B | $1.33B | $971.0M | $692.1M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $2.18B | $2.36B | $2.45B | $2.35B | $2.32B | $1.60B | $1.15B | $799.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $2.46B | $2.48B | $2.45B | $2.57B | $2.62B | $2.22B | $439.9M | $378.1M |
| Total Stockholders' Equity | $4.05B | $3.85B | $3.63B | $3.60B | $3.62B | $3.23B | $1.35B | $1.25B |