Align Technology, Inc. (ALGN) quarterly balance sheet — complete assets, liabilities & equity history
Align Technology, Inc. (ALGN) balance sheet — 27-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 2.73B | 2.66B | 2.66B | 2.62B | 2.53B | 2.45B | 2.4B | 2.49B | 2.6B | 2.41B | 2.48B | 2.45B | 2.7B | 2.47B | 2.33B | 2.42B | 2.5B | 2.38B | 2.48B | 2.49B |
| Cash & Short-Term Investments | 1.14B | 1.1B | 1.06B | 1.09B | 1B | 901.16M | 873.01M | 1.04B | 1.04B | 782.11M | 898.91M | 972.74M | 1.28B | 1.01B | 884.03M | 999.58M | 1.09B | 899.64M | 1.01B | 1.17B |
| Cash Only | 1.14B | 1.1B | 1.06B | 1.08B | 1B | 901.16M | 873.01M | 1.04B | 1.04B | 761.43M | 865.8M | 937.44M | 1.24B | 951.96M | 832.38M | 942.05M | 1.04B | 877.5M | 926.12M | 1.1B |
| Short-Term Investments | 0 | 0 | 0 | 15.92M | 0 | 0 | 0 | 0 | 0 | 20.68M | 33.1M | 35.3M | 44.79M | 55.8M | 51.64M | 57.53M | 46.24M | 22.14M | 86.75M | 71.97M |
| Accounts Receivable | 1.16B | 1.15B | 1.18B | 1.16B | 1.14B | 1.15B | 1.1B | 1.03B | 1.16B | 1.21B | 1.16B | 1.05B | 1.03B | 1.05B | 1.03B | 1B | 991.7M | 1.04B | 1.09B | 990.81M |
| Days Sales Outstanding | 104.82 | 100.15 | 100.99 | 100.91 | 105.96 | 101.03 | 97.64 | 101.19 | 111.42 | 104.7 | 100.58 | 99.78 | 99.35 | 94.2 | 96.82 | 101.64 | 105.11 | 99.9 | 96.02 | 82.35 |
| Inventory | 224.65M | 212.24M | 214.94M | 226.34M | 228.16M | 243.75M | 246.57M | 254.29M | 254.12M | 259.49M | 280.08M | 296.9M | 296.19M | 312.74M | 311.88M | 338.75M | 320.9M | 310.05M | 275.67M | 230.23M |
| Days Inventory Outstanding | 63.34 | 52.79 | 65.43 | 58.17 | 60.89 | 73.31 | 75.34 | 78.41 | 79.79 | 80.27 | 87.62 | 94.99 | 94.27 | 98.49 | 103.64 | 106.92 | 107.03 | 94.51 | 86.27 | 70.21 |
| Other Current Assets | 109.21M | 0 | 96.89M | 75.26M | 84.9M | 57.07M | 83.22M | 81.58M | 68.84M | 70.53M | 70.49M | 77.33M | 34.16M | 22.71M | 22.51M | 16.76M | 46.65M | 62.65M | 32.33M | 31.48M |
| Total Non-Current Assets | 3.79B | 3.75B | 3.66B | 3.62B | 3.7B | 3.77B | 3.7B | 3.72B | 3.77B | 3.75B | 3.68B | 3.64B | 3.62B | 3.68B | 3.57B | 3.52B | 3.41B | 3.43B | 3.46B | 3.45B |
| Property, Plant & Equipment | 1.28B | 1.11B | 1.22B | 1.24B | 1.3B | 1.38B | 1.38B | 1.38B | 1.41B | 1.4B | 1.4B | 1.41B | 1.39B | 1.4B | 1.38B | 1.35B | 1.32B | 1.3B | 1.27B | 1.2B |
| Fixed Asset Turnover | 0.85x | 0.91x | 0.85x | 0.83x | 0.74x | 0.73x | 0.71x | 0.71x | 0.70x | 0.73x | 0.71x | 0.68x | 0.69x | 0.72x | 0.69x | 0.68x | 0.68x | 0.76x | 0.79x | 0.90x |
| Goodwill | 495.28M | 497.3M | 503.04M | 491.83M | 491.52M | 491.07M | 457.61M | 442.63M | 471.51M | 454.49M | 458.24M | 419.53M | 404.3M | 414.76M | 414.22M | 407.55M | 377.62M | 390.1M | 411.96M | 418.55M |
| Intangible Assets | 90.62M | 94.93M | 100.82M | 93.93M | 98.72M | 103.48M | 102.75M | 103.49M | 115.91M | 115.7M | 121.42M | 82.12M | 82.74M | 89.3M | 93.32M | 95.72M | 91.71M | 93.82M | 103.5M | 109.71M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.62M | 8.02M | 18.14M | 26.02M | 37.38M | 41.98M | 50.26M | 77.55M | 107.69M | 125.32M |
| Other Non-Current Assets | 455.48M | 568.18M | 365.14M | 278.05M | 254.05M | 250.67M | 238.93M | 234.16M | 199.71M | 197.9M | 121.83M | 128.68M | 132.43M | 138.16M | 54.3M | 55.83M | 52.14M | 52.84M | 57.69M | 57.51M |
| Total Assets | 6.52B | 6.42B | 6.31B | 6.23B | 6.23B | 6.22B | 6.1B | 6.21B | 6.37B | 6.16B | 6.16B | 6.08B | 6.32B | 6.14B | 5.9B | 5.95B | 5.91B | 5.81B | 5.94B | 5.94B |
| Asset Turnover | 0.16x | 0.17x | 0.17x | 0.17x | 0.16x | 0.16x | 0.16x | 0.16x | 0.16x | 0.17x | 0.16x | 0.15x | 0.15x | 0.17x | 0.16x | 0.15x | 0.15x | 0.16x | 0.16x | 0.18x |
| Asset Growth % | 4.61% | 3.19% | 3.46% | 0.31% | -2.08% | 0.99% | -0.86% | 2.15% | 0.75% | 0.22% | 4.31% | 2.29% | 6.86% | 5.76% | -0.71% | 0.1% | 4.65% | 7.68% | 17.23% | 23.03% |
| Total Current Liabilities | 1.91B | 1.91B | 1.91B | 1.92B | 1.97B | 2B | 1.99B | 2.04B | 2.06B | 2.04B | 2.02B | 2.07B | 2.12B | 2.11B | 2B | 1.93B | 1.81B | 1.8B | 1.86B | 1.92B |
| Accounts Payable | 117.88M | 109.84M | 123.72M | 121.45M | 125.55M | 114.43M | 125.38M | 108.69M | 109.03M | 105.79M | 117.24M | 113.13M | 99.69M | 110.16M | 130.56M | 127.87M | 138.92M | 145.61M | 186.51M | 163.89M |
| Days Payables Outstanding | 33.01 | 28.86 | 36.35 | 31.61 | 30.97 | 35.85 | 35.21 | 33.58 | 33.37 | 33.18 | 34.98 | 34.09 | 32.49 | 37.96 | 41.17 | 43.24 | 48.26 | 53.59 | 59.76 | 54.39 |
| Short-Term Debt | 0 | 0 | 0 | 31.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1.16B | 1.19B | 1.24B | 1.26B | 1.29B | 1.32B | 1.32B | 1.33B | 1.38B | 1.38B | 1.41B | 1.43B | 1.41B | 1.4B | 1.38B | 1.34B | 1.29B | 1.24B | 1.21B | 1.15B |
| Other Current Liabilities | 37.01M | 0 | 0 | 234.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 237.16M | 225.3M | 211.89M | 0 | 203.97M | 221.69M | 239M | 237.91M | 262.4M |
| Current Ratio | 1.42x | 1.40x | 1.39x | 1.36x | 1.29x | 1.23x | 1.21x | 1.22x | 1.26x | 1.18x | 1.23x | 1.18x | 1.27x | 1.17x | 1.16x | 1.26x | 1.38x | 1.32x | 1.33x | 1.30x |
| Quick Ratio | 1.31x | 1.28x | 1.28x | 1.24x | 1.17x | 1.10x | 1.08x | 1.10x | 1.14x | 1.06x | 1.09x | 1.04x | 1.13x | 1.02x | 1.01x | 1.08x | 1.20x | 1.15x | 1.18x | 1.18x |
| Cash Conversion Cycle | 135.14 | 124.08 | 130.06 | 127.47 | 135.88 | 138.48 | 137.77 | 146.02 | 157.83 | 151.79 | 153.21 | 160.69 | 161.13 | 154.73 | 159.3 | 165.31 | 163.88 | 140.81 | 122.54 | 98.17 |
| Total Non-Current Liabilities | 301.54M | 276.53M | 258.9M | 264.53M | 309.63M | 310.83M | 317.63M | 324.59M | 358.01M | 360.3M | 372.85M | 386.78M | 393.7M | 399.18M | 416.8M | 420.7M | 408.78M | 406.62M | 412.92M | 395.32M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 112.3M | 86.62M | 83.42M | 82.51M | 87.28M | 90.47M | 86.49M | 88.21M | 96.44M | 98.3M | 95.09M | 96.97M | 98.52M | 104.65M | 99M | 100.33M | 96.69M | 98.33M | 104.98M | 102.66M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 189.24M | 189.91M | 175.48M | 182.02M | 222.35M | 220.36M | 231.14M | 236.37M | 261.57M | 262M | 277.76M | 289.81M | 295.18M | 294.53M | 317.8M | 320.37M | 312.08M | 308.29M | 307.93M | 292.67M |
| Total Liabilities | 2.22B | 2.19B | 2.16B | 2.18B | 2.28B | 2.31B | 2.31B | 2.36B | 2.42B | 2.4B | 2.4B | 2.45B | 2.52B | 2.51B | 2.42B | 2.35B | 2.22B | 2.21B | 2.28B | 2.32B |
| Total Debt | 146.46M | 120.84M | 116.04M | 114.45M | 121.27M | 123.02M | 118.53M | 119.28M | 127.6M | 129.09M | 126.42M | 126.62M | 126.8M | 133.42M | 126.78M | 126.91M | 120.87M | 122.94M | 130.23M | 125.38M |
| Net Debt | -998.47M | -981.75M | -943.79M | -964.54M | -883.32M | -778.14M | -754.48M | -924.61M | -914.33M | -632.34M | -739.39M | -810.82M | -1.11B | -818.54M | -705.61M | -815.14M | -923.66M | -754.56M | -795.89M | -974M |
| Debt / Equity | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.03x | 0.03x | 0.04x | 0.03x |
| Debt / EBITDA | 0.86x | 1.81x | 0.51x | 0.44x | 0.80x | 0.60x | 0.70x | 0.65x | 0.64x | 0.70x | 0.68x | 0.62x | 0.62x | 0.64x | 0.75x | 0.87x | 0.69x | 0.56x | 0.57x | 0.50x |
| Net Debt / EBITDA | -5.87x | -14.71x | -4.12x | -3.69x | -5.81x | -3.82x | -4.43x | -5.07x | -4.57x | -3.45x | -3.95x | -3.95x | -5.47x | -3.94x | -4.17x | -5.57x | -5.25x | -3.45x | -3.50x | -3.89x |
| Interest Coverage | - | - | - | - | 99.78x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 4.31B | 4.23B | 4.15B | 4.05B | 3.96B | 3.91B | 3.79B | 3.85B | 3.94B | 3.76B | 3.76B | 3.63B | 3.8B | 3.64B | 3.48B | 3.6B | 3.69B | 3.6B | 3.67B | 3.62B |
| Equity Growth % | 8.8% | 8.17% | 9.36% | 5.12% | 0.33% | 4.12% | 0.91% | 6.1% | 3.75% | 3.29% | 8.04% | 0.81% | 2.9% | 1.09% | -5.09% | -0.59% | 5.06% | 6.34% | 8.05% | 12.02% |
| Book Value per Share | 60.63 | 59.09 | 57.94 | 56.43 | 54.65 | 53.90 | 51.54 | 51.73 | 52.76 | 49.96 | 49.92 | 47.89 | 49.49 | 47.44 | 45.13 | 46.36 | 47.22 | 45.82 | 46.30 | 45.61 |
| Total Shareholders' Equity | 4.31B | 4.23B | 4.15B | 4.05B | 3.96B | 3.91B | 3.79B | 3.85B | 3.94B | 3.76B | 3.76B | 3.63B | 3.8B | 3.64B | 3.48B | 3.6B | 3.69B | 3.6B | 3.67B | 3.62B |
| Common Stock | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K |
| Retained Earnings | 2.64B | 2.6B | 2.55B | 2.46B | 2.42B | 2.43B | 2.39B | 2.48B | 2.57B | 2.46B | 2.5B | 2.45B | 2.61B | 2.49B | 2.37B | 2.57B | 2.67B | 2.6B | 2.68B | 2.62B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 61.73M | 66.59M | 70.09M | 75.39M | 65.37M | 61.19M | 18.18M | 5.98M | 35.91M | 25.04M | 18.44M | 21.17M | 2.05M | 11.34M | 1.83M | -10.28M | -40.74M | -19.77M | -5.71M | 4.33M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |