Align Technology

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 for more than 3 million patients worldwide. 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. Invisalign is prescribed to patients through Invisalign-trained Orthodontists and General Practitioner Dentists (GP) and is offered in over 90 countries.

iTero Intraoral Scanner 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. The 3D digital model file can be used for various procedures and services including milling of physical dental models for use by labs to create restorative units such as veneers, inlays, onlays, crowns, bridges, implant abutments, and implant crowns, Invisalign digital impression submission, digital records storage, or orthodontic diagnosis.

Type
Public
HQ
San Jose, US
Founded
1997
Size (employees)
6,060 (est)+39%
Align Technology was founded in 1997 and is headquartered in San Jose, US

Key People at Align Technology

Thomas M. Prescott

Thomas M. Prescott

President & CEO

Align Technology Office Locations

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

Align Technology Metrics

Align Technology Financial Metrics

Revenue (2016)

$1.1 b

Revenue growth (2015-16), %

28%

Gross profit

$815.3 m

Gross profit margin (2016), %

75%

Net income (2016)

$189.7 m

Market capitalization (28-Apr-2017)

$10.8 b

Closing share price (28-Apr-2017)

$120.1

Cash (31-Dec-2016)

$389.3 m
Align Technology's current market capitalization is $10.8 b.
Align Technology's revenue was reported to be $1.1 b in FY, 2016 which is a 28% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$660.2 m$761.7 m$845.5 m$1.1 b

Revenue growth, %

15%11%28%

Cost of goods sold

$162.1 m$183.2 m$205.4 m$264.6 m

Gross profit

$498.1 m$578.4 m$640.1 m$815.3 m

Gross profit Margin, %

75%76%76%75%

Operating expense total

$403.9 m$384.9 m$451.5 m$566.4 m

EBIT

$94.2 m$193.6 m$188.6 m$248.9 m

EBIT margin, %

14%25%22%23%

Interest income

$3.2 m$2.5 m$6.4 m

Income tax expense

$28.8 m$44.5 m$42.1 m$51.2 m

Net Income

$64.3 m$145.8 m$144 m$189.7 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$243 m$199.9 m$167.7 m$389.3 m

Accounts Receivable

Inventories

$14 m$15.9 m$19.5 m$27.1 m

Current Assets

$544.7 m$657.2 m$732 m$953 m

PP&E

$75.7 m$90.1 m$136.5 m$175.2 m

Goodwill

$61.6 m$82.1 m$79.2 m$82 m

Total Assets

$832.1 m$988 m$1.2 b$1.4 b

Accounts Payable

$17.7 m$23.2 m$34.4 m$28.6 m

Current Liabilities

$175.3 m$201.8 m$271.7 m$354.3 m

Additional Paid-in Capital

$729.6 m$783.4 m$821.5 m$864.9 m

Retained Earnings

($95.9 m)($30.5 m)$27.4 m$131.4 m

Total Equity

$634 m$752.8 m$847.9 m$995.4 m

Financial Leverage

1.3 x1.3 x1.4 x1.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$64.3 m$145.8 m$144 m$189.7 m

Depreciation and Amortization

$13.9 m$17.9 m$18 m$24 m

Accounts Receivable

($12 m)($27 m)($41 m)($94 m)

Inventories

$1.2 m($2 m)($3.6 m)($7.7 m)

Accounts Payable

($186 k)$2.9 m$7.6 m($3.4 m)

Cash From Operating Activities

$186 m$226.9 m$238 m$247.7 m

Cash From Investing Activities

($210.7 m)($201.6 m)($166.4 m)$72.8 m

Cash From Financing Activities

($38.2 m)($66.4 m)($100.8 m)($95.5 m)

Align Technology Market Value History

Align Technology Median Salaries

Source: 61 public H-1B filings from Align Technology

Align Technology Online Presence

Align Technology News

Align Technology Company Life

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