Align Technology is a global medical device company with industry-leading innovative products -- Invisalign clear aligners and iTero Intraoral scanners that help dental professionals achieve the clinical results they expect and deliver effective, cutting-edge dental options to their patients. Invisalign System Invisalign clear aligners have been used to straighten teeth and treat minor to complex malocclusion. The Invisalign system is a combination of proprietary virtual modeling software and rapid mass-manufacturing processes used to develop a treatment plan and with custom-made aligners for each patient.
The iTero Intraoral scanner provides a dental "chair-side" platform for accessing valuable digital diagnosis and treatment tools, with potential for enhancing accuracy of records, treatment efficiency, and the overall patient experience. The iTero scanner’s parallel confocal imaging technology uses optical and laser scanning to achieve a high level of precision and accuracy resulting in an accurate 3D digital impression image of the patients dentition. 

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Type
Public
HQ
San Jose, US
Founded
1997
Size (employees)
6,060 (est)
Align Technology was founded in 1997 and is headquartered in San Jose, US
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Key People/Management at Align Technology

Joseph Hogan

Joseph Hogan

Director, President and Chief Executive Officer
John Morici

John Morici

Chief Financial Officer
Simon Beard

Simon Beard

Vice President and Managing Director, EMEA
Stuart Hockridge

Stuart Hockridge

Vice President, Global Human Resources
Roger George

Roger George

Vice President, Legal Affairs and General Counsel
Sreelakshmi Kolli

Sreelakshmi Kolli

Vice President, Information Technology
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Align Technology Office Locations

Align Technology has offices in San Jose and Amsterdam
San Jose, US (HQ)
2560 Orchard Pkwy
Amsterdam, NL
161 Arlandaweg
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Align Technology Financials and Metrics

Align Technology Financials

Align Technology's revenue was reported to be $1.47 b in FY, 2017
USD

Revenue (FY, 2017)

1.5 b

Gross profit (FY, 2017)

1.1 b

Gross profit margin (FY, 2017), %

75.8%

Net income (FY, 2017)

231.4 m

EBIT (FY, 2017)

353.6 m

Market capitalization (20-Apr-2018)

20.2 b

Cash (31-Dec-2017)

449.5 m
Align Technology's current market capitalization is $20.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

660.2 m761.7 m845.5 m1.1 b1.5 b

Revenue growth, %

15%11%28%

Cost of goods sold

162.1 m183.2 m205.4 m264.6 m356.5 m

Gross profit

498.1 m578.4 m640.1 m815.3 m1.1 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

164.5 m180.6 m192.5 m189.9 m198.1 m209.5 m207.6 m238.7 m269.4 m278.6 m310.3 m356.5 m385.3 m

Cost of goods sold

39.4 m43.4 m47.1 m44.8 m47 m50.9 m50.1 m58.1 m64.1 m69.4 m74.7 m85.6 m92.8 m

Gross profit

125.1 m137.3 m145.5 m145.1 m151.1 m158.6 m157.6 m180.6 m205.2 m209.2 m235.6 m270.9 m292.5 m

Gross profit Margin, %

76%76%76%76%76%76%76%76%76%75%76%76%76%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

243 m199.9 m167.7 m389.3 m449.5 m

Accounts Receivable

Inventories

14 m15.9 m19.5 m27.1 m31.7 m

Current Assets

544.7 m657.2 m732 m953 m1.2 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

175.8 m182.8 m167.5 m180.7 m190 m161.8 m174 m154.4 m167.7 m419.9 m261 m358.2 m362.6 m

Inventories

14.7 m15.8 m13.1 m16 m14.6 m16.4 m18.9 m22.6 m23 m26.3 m35.2 m35.1 m36.9 m

Current Assets

482.3 m552.2 m554.5 m615.7 m657.3 m657.9 m711.7 m783 m825.4 m911.8 m918.2 m1 b1.1 b

PP&E

76.6 m79.1 m81.3 m86.4 m99.8 m108 m120.7 m148 m161.7 m172.7 m231.7 m255.5 m295.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

64.3 m145.8 m144 m189.7 m231.4 m

Depreciation and Amortization

13.9 m17.9 m18 m24 m37.7 m

Inventories

1.2 m(2 m)(3.6 m)(7.7 m)(5.5 m)

Accounts Payable

(186 k)2.9 m7.6 m(3.4 m)8.2 m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

38.2 m36.2 m31.4 m27.6 m40.5 m50.1 m51.4 m69.4 m

Inventories

16.4 m18.9 m22.6 m23 m26.3 m35.2 m

Accounts Payable

29.5 m32.6 m36.3 m30.9 m33.1 m37 m
USDY, 2017

Revenue/Employee

243.1 k

Financial Leverage

1.5 x
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