Align Technology, Inc. (ALGN) quarterly cash flow statement — complete operating, investing & financing history
Align Technology, Inc. (ALGN) cash flow statement — 27-year operating, investing & financing cash flows
| 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 |
|---|
| Cash from Operations | 182.92M | 192.76M | 151.04M | 223.18M | 188.72M | 128.65M | 52.68M | 286.08M | 263.66M | 159.83M | 28.66M | 46.9M | 287.21M | 251.78M | 199.9M | 144.71M | 266.48M | 127.05M | 30.5M | 272.85M |
| Operating CF Margin % | 18.03% | 18.25% | 14.52% | 21.3% | 18.95% | 12.71% | 5.38% | 28.75% | 26.96% | 15.54% | 2.87% | 4.9% | 29.91% | 25.12% | 21.19% | 16.05% | 29.93% | 13.1% | 3.13% | 26.46% |
| Operating CF Growth % | -3.07% | 49.83% | 186.74% | -21.99% | -28.42% | -19.51% | 83.77% | 510% | -8.2% | -36.52% | -85.66% | -67.59% | 7.78% | 98.18% | 555.44% | -46.96% | -24.94% | -59.99% | -86.58% | -28.46% |
| Net Income | 0 | -112.77M | 112.77M | 135.76M | 56.75M | -93.23M | 93.23M | 103.81M | 115.96M | 96.56M | 105.03M | 124.01M | 121.43M | 111.81M | 87.8M | 41.77M | 72.7M | 112.8M | 134.3M | 190.96M |
| Depreciation & Amortization | 0 | -56.55M | 56.55M | 101.98M | 55.72M | 40.58M | 39.15M | 38.13M | 37.79M | 36.17M | 32.95M | 33.73M | 37.03M | 35.82M | 35.82M | 33.7M | 32.19M | 30.28M | 29.63M | 29.59M |
| Stock-Based Compensation | 0 | -40.92M | 40.92M | 44.29M | 141.58M | -45M | 45M | 38.85M | 49.04M | 47.03M | 38.79M | 38.83M | 39.6M | 37.86M | 37.73M | 34.69M | 32.92M | 34.14M | 31.62M | 29.84M |
| Deferred Taxes | 0 | -40.64M | 40.64M | 42.49M | -8.65M | -33.68M | 33.68M | 8.29M | 7.96M | -8.54M | 18.05M | 4.11M | 13.94M | -18.27M | -18.42M | -46.26M | -7.98M | -2.72M | 17.46M | -32.65M |
| Other Non-Cash Items | 197.36M | 326.64M | 2.71M | -274K | -38.17M | 324.93M | 12.41M | 9.16M | 14.23M | 14.16M | 7.25M | 15.03M | 18.41M | 18.05M | 19.34M | 22.84M | 17.73M | 15.11M | 16.14M | 16.16M |
| Working Capital Changes | -14.45M | 117M | -102.56M | -101.78M | -18.51M | -64.94M | -170.79M | 87.84M | 38.68M | -25.55M | -173.4M | -168.82M | 56.8M | 66.5M | 37.62M | 57.97M | 118.93M | -62.57M | -198.65M | 38.96M |
| Change in Receivables | -91.28M | 40.99M | -40.99M | -22.2M | 3.7M | -56.1M | -65.3M | -18.25M | 11.69M | -77.34M | -69.59M | -24.32M | -6.62M | -40.95M | -32.73M | -10.73M | 85.75M | 2.08M | -55.54M | -45.98M |
| Change in Inventory | -11.19M | -9.35M | 9.35M | -2.25M | -5.99M | 1.65M | 7.4M | -7.25M | 908K | 15.82M | 15.57M | -1.47M | 12.57M | -4.94M | 24.01M | -21.57M | -17.46M | -41.6M | -49.45M | -29.2M |
| Change in Payables | -1.03M | -4.93M | 4.93M | -1.4M | 14.24M | -16.09M | 8.57M | 12.44M | -6.88M | -10.5M | 4.1M | 15.43M | -12.78M | -16.34M | 5.99M | -9.42M | -3.16M | -30.97M | 7.03M | 6.25M |
| Cash from Investing | -47.06M | -82.16M | -131.58M | -35.92M | -19.76M | -31.48M | -25.29M | -53.92M | -8.92M | -112.49M | -79.58M | -13.32M | -4.3M | -125.48M | -52.83M | -55.81M | -85.43M | 18.12M | -90.2M | -307.71M |
| Capital Expenditures | -45.03M | 30.79M | -30.79M | 66.53M | -19.76M | 25.29M | -25.29M | -22.96M | -29.8M | -53.45M | -9.37M | -33.41M | -21.64M | -58.55M | -64.12M | -53.2M | -75.35M | -76.02M | -87.33M | -109.1M |
| CapEx % of Revenue | 4.44% | 2.91% | 2.96% | 6.35% | 1.98% | 2.5% | 2.58% | 2.31% | 3.05% | 5.2% | 0.94% | 3.49% | 2.25% | 5.84% | 6.8% | 5.9% | 8.46% | 7.84% | 8.97% | 10.58% |
| Acquisitions | 0 | 18.96M | -18.96M | 0 | 10M | -10M | 0 | -30.95M | 0 | -75.39M | -77.08M | 77M | -2M | -75M | 0 | -12.3M | -12.3M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 29.31M | -213.74M | -31.34M | -102.44M | -20M | -36.77M | 0 | 0 | 106K | 135K | -6K | -76.85M | 2.05M | 68K | 6K | 12.24M | -12.26M | 263K | -2.45M | -1.3M |
| Cash from Financing | -94.92M | -67.45M | -48.13M | -97.41M | -64.12M | -96.3M | -206.76M | -203.02M | 10.57M | -151.56M | -11.72M | -350.28M | 11.83M | -931K | -258.96M | -200.19M | 10.9M | -200.65M | -111.74M | -101.57M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -94.84M | 19.48M | -19.48M | -21.75M | -63.72M | -96.05M | -187.18M | -202.87M | 10.94M | -150.01M | 14.34M | -300M | 12.34M | -931K | -278.1M | -160.19M | 11.32M | -200M | -60.21M | -100M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -103.06M | 31.2M | -31.2M | -21.75M | -71.56M | -96.05M | -201.09M | -202.87M | 0 | -150.01M | 0 | -300M | 0 | -931K | -292.36M | -160M | 0 | -200M | -75.04M | -100M |
| Other Financing | -74K | -86.92M | -28.65M | -75.66M | -402K | -253K | -19.58M | -153K | -370K | -1.55M | -26.05M | -50.28M | -506K | 0 | 19.14M | -40M | -424K | -654K | -51.53M | -1.57M |
| Net Change in Cash | 42.3M | 42.85M | -35.05M | 90.38M | 103.47M | 28.27M | -170.89M | 1.98M | 280.52M | -104.42M | -71.64M | -300.83M | 287.05M | 119.62M | -109.67M | -102.38M | 166.55M | -48.69M | -173.27M | -138.31M |
| Free Cash Flow | 71.44M | 223.54M | 120.26M | 289.71M | 122.19M | 153.94M | 27.39M | 263.12M | 233.86M | 106.38M | 19.3M | 13.48M | 265.57M | 193.23M | 135.78M | 91.5M | 191.13M | 51.02M | -56.83M | 163.75M |
| FCF Margin % | 7.04% | 21.16% | 11.56% | 27.66% | 12.27% | 15.2% | 2.8% | 26.44% | 23.92% | 10.34% | 1.93% | 1.41% | 27.66% | 19.28% | 14.4% | 10.15% | 21.47% | 5.26% | -5.84% | 15.88% |
| FCF Growth % | -41.53% | 45.21% | 339.1% | 10.11% | -47.75% | 44.71% | 41.94% | 1851.33% | -11.94% | -44.95% | -85.79% | -85.26% | 38.94% | 278.7% | 338.92% | -44.12% | -17.14% | -73.6% | -130.93% | -50.11% |
| FCF per Share | 1.01 | 3.12 | 1.68 | 4.04 | 1.69 | 2.12 | 0.37 | 3.53 | 3.13 | 1.41 | 0.26 | 0.18 | 3.46 | 2.52 | 1.76 | 1.18 | 2.44 | 0.65 | -0.72 | 2.06 |
| FCF Conversion (FCF/Net Income) | 1.35x | 1.78x | 1.34x | 1.64x | 3.33x | 1.03x | 0.57x | 2.76x | 2.27x | 1.66x | 0.27x | 0.38x | 2.37x | 2.25x | 2.28x | 3.46x | 3.67x | 1.13x | 0.23x | 1.43x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |