ALIGN TECHNOLOGY INC (ALGN)
Align Technology, Inc. is a medical technology enterprise that develops, produces, and markets its leading products: Invisalign transparent dental aligners and iTero digital intraoral scanners, along with related services. These offerings serve a wide range of dental professionals, including orthodontists, general dentists, and those specializing in restorative and cosmetic dentistry. The company's operations are divided into two main business units: "Clear Aligner" and "Scanners and Services." The Clear Aligner segment offers a variety of solutions. Its comprehensive products include the full Invisalign treatment for teenage patients, designed to address complex orthodontic needs such as mandibular advancement, patient compliance tracking, and managing tooth eruption. It also features specialized Invisalign First Phase I and Phase 2 packages for younger children, typically aged seven to ten, who have mixed dentition (a combination of primary and permanent teeth). Beyond these, the segment provides non-comprehensive aligner options like Invisalign moderate, lite, express, and Invisalign Go. Additional non-case products include retention devices, fees for Invisalign training, and sales of ancillary items such as cleaning materials and adjustment tools used by dental practitioners during treatment. The Scanners and Services segment centers around the iTero scanner, a unified hardware platform offering various software applications for both restorative and orthodontic procedures. It supplies specialized restorative software to general dentists, prosthodontists, periodontists, and oral surgeons, as well as distinct software for orthodontists to manage digital patient records, perform diagnoses, and facilitate the fabrication of printed models and retainers. This segment also provides computer-aided design and manufacturing (CAD/CAM) services, along with supplementary products like disposable covers for the scanner wand and iTero models and dies. Furthermore, it includes third-party scanners and digital scan solutions, the Invisalign Outcome Simulator (a chair-side and cloud-based application for the iTero scanner), the Invisalign Progress Assessment tool, and TimeLapse technology, which enables clinicians to compare a patient's historical 3D scans against current data. Align Technology distributes its products worldwide, with a strong presence in the United States, Switzerland, and China. Founded in 1997, the company is headquartered in Tempe, Arizona.
Sector: Orthopedic, Prosthetic & Surgical Appliances & Supplies
Industry: Medical - Devices
Align Technology, Inc.
NASDAQ:ALGNHealthcare · Medical - Devices
-2.49%$149.89
AH$149.89+0.00%vs close
Mkt Cap$10.65B
Float71.1M
O/S71.04M
Vol
$ Vol
RVOL
Inst Own100.6%
SI5.8%
Earnings
Dilution
Financials Summary
Revenue$4.03B
Net Income$410.35M
Total Assets$6.23B
Free Cash Flow$490.78M
Debt & Equity
Debt 3%
Equity 97%
Total Debt$114.45M
Total Equity$4.05B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ALGN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$6.23B
Liabilities$2.18B
Accounts Receivable$1.16B
Accounts Payable$121.45M
Inventory$226.34M
PP&E (Net)$1.24B
Goodwill$491.83M
Intangible Assets$93.93M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Revenue | $4.03B | $4B | $3.86B | $3.73B | $3.95B | $2.47B | $2.41B | $1.97B | $1.47B | $1.08B | $845.49M | $761.65M | $660.21M | $560.04M | $479.74M | $387.13M | $312.33M | $303.98M | $284.33M | $206.35M | $207.13M | $172.83M | $122.72M | $69.7M | $44.81M | $6.74M | $411K |
| YoY Growth | 0.9% | 3.5% | 3.4% | -5.5% | 59.9% | 2.7% | 22.4% | 33.5% | 36.4% | 27.7% | 11.0% | 15.4% | 17.9% | 16.7% | 23.9% | 23.9% | 2.7% | 6.9% | 37.8% | -0.4% | 19.8% | 40.8% | 76.1% | 55.5% | 564.7% | 1540.1% | - |
| Cost of Revenue | $1.28B | $1.2B | $1.16B | $1.1B | $1.02B | $708.71M | $662.9M | $518.63M | $356.47M | $264.58M | $205.38M | $183.21M | $162.1M | $143.65M | $118.46M | $83.71M | $78.84M | $78.85M | $75.03M | $64.78M | $63.78M | $57.53M | $51.56M | $44.99M | $46.83M | $20.25M | $1.75M |
| Gross Profit | $2.76B | $2.8B | $2.71B | $2.63B | $2.94B | $1.76B | $1.74B | $1.45B | $1.12B | $815.29M | $640.11M | $578.44M | $498.11M | $416.39M | $361.28M | $303.42M | $233.49M | $225.13M | $209.3M | $141.58M | $143.34M | $115.3M | $71.16M | $24.71M | -$2.02M | -$13.51M | -$1.34M |
| Gross Margin | 68.3% | 70.0% | 70.1% | 70.5% | 74.3% | 71.3% | 72.5% | 73.6% | 75.8% | 75.5% | 75.7% | 75.9% | 75.4% | 74.3% | 75.3% | 78.4% | 74.8% | 74.1% | 73.6% | 68.6% | 69.2% | 66.7% | 58.0% | 35.4% | -4.5% | -200.4% | -326.8% |
| Research and Development | $369.91M | $364.2M | $346.83M | $305.26M | $250.31M | $175.31M | $157.36M | $128.9M | $97.56M | $75.72M | $61.24M | $52.8M | $44.08M | $42.87M | $37.15M | $26M | $22.25M | $26.16M | $25.73M | $18.47M | $18.59M | $15.76M | $13.11M | $13.06M | $15.64M | $9.17M | $4.2M |
| Selling, General, and Administrative | $1.76B | $1.76B | $1.7B | $1.67B | $1.71B | $1.2B | $1.07B | $852.4M | $665.78M | $490.65M | $390.24M | $332.07M | $292.8M | $251.34M | $233.77M | $170.14M | $243.93M | $177.22M | $151.51M | $160.64M | $122.31M | $89.78M | $77.98M | $84.58M | $83.1M | $58.44M | $9.16M |
| Other | $14.98M | $64.14M | $13.32M | $11.45M | $0 | $0 | -$28.01M | $0 | $0 | $0 | $0 | $0 | $67.01M | $36.59M | $0 | $4.55M | $1.32M | $6.23M | -$1.8M | $0 | $0 | $0 | $0 | -$116K | $0 | $0 | $0 |
| Total Operating Expenses | $2.14B | $2.19B | $2.06B | $1.99B | $1.96B | $1.38B | $1.2B | $981.3M | $763.34M | $566.37M | $451.48M | $384.87M | $403.89M | $330.8M | $270.92M | $200.68M | $267.5M | $209.61M | $175.44M | $179.12M | $140.9M | $105.54M | $91.1M | $97.53M | $98.75M | $67.61M | $13.36M |
| Operating Income (EBIT) | $616.22M | $607.63M | $643.34M | $642.6M | $976.4M | $387.17M | $542.49M | $466.56M | $353.61M | $248.92M | $188.63M | $193.58M | $94.21M | $85.59M | $90.36M | $102.73M | -$34.01M | $15.51M | $33.85M | -$37.54M | $2.45M | $9.77M | -$19.94M | -$72.82M | -$100.77M | -$81.11M | -$14.71M |
| Operating Margin | 15.3% | 15.2% | 16.7% | 17.2% | 24.7% | 15.7% | 22.5% | 23.7% | 24.0% | 23.1% | 22.3% | 25.4% | 14.3% | 15.3% | 18.8% | 26.5% | -10.9% | 5.1% | 11.9% | -18.2% | 1.2% | 5.7% | -16.2% | -104.5% | -224.9% | -1203.3% | -3577.9% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.53M | $3.21M | $1.07M | $2.05M | $51K | $0 | $85K | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $16.05M | $20.22M | $17.26M | $5.37M | $3.1M | $3.13M | $12.48M | $8.58M | $6.95M | $4.21M | $0 | $0 | $0 | $757K | $552K | $555K | $579K | $3.05M | $4.2M | $3.18M | $1.92M | $713K | $531K | $979K | $0 | $0 | $0 |
| Other Income (Expense) | -$30.93M | $1.33M | -$2.13M | -$43.54M | $36.02M | -$8.22M | $12.63M | -$8.61M | $11.19M | -$6.36M | -$2.53M | -$3.21M | -$1.07M | -$1.3M | -$419K | -$731K | $119K | $1.56M | $3.1M | $3.4M | $283K | -$3K | -$101K | $0 | $1.73M | -$7.63M | $14.71M |
| Income Before Tax (EBT) | $585.29M | $608.96M | $641.2M | $599.06M | $1.01B | $378.95M | $555.12M | $457.96M | $364.8M | $242.57M | $186.1M | $190.37M | $93.14M | $84.3M | $89.94M | $102M | -$33.89M | $17.08M | $36.95M | -$34.13M | $2.73M | $9.76M | -$20.04M | -$72.82M | -$99.04M | -$88.75M | $0 |
| Income Tax Expense | $174.94M | $187.6M | $196.15M | $237.48M | $240.4M | -$1.4B | $112.35M | $57.72M | $130.16M | $51.2M | $42.08M | $44.54M | $28.84M | $25.61M | $23.23M | $27.75M | -$2.62M | -$62.91M | $1.23M | $828K | $1.32M | $994K | $84K | $0 | $10K | $0 | $0 |
| Net Income | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M | $1.78B | $442.78M | $400.24M | $231.42M | $189.68M | $144.02M | $145.83M | $64.3M | $58.69M | $66.72M | $74.25M | -$31.27M | $79.99M | $35.72M | -$34.96M | $1.41M | $8.77M | -$20.12M | -$72.82M | -$99.05M | -$88.75M | -$15.41M |
| Net Income Margin | 10.2% | 10.5% | 11.5% | 9.7% | 19.5% | 71.8% | 18.4% | 20.4% | 15.7% | 17.6% | 17.0% | 19.1% | 9.7% | 10.5% | 13.9% | 19.2% | -10.0% | 26.3% | 12.6% | -16.9% | 0.7% | 5.1% | -16.4% | -104.5% | -221.1% | -1316.5% | -3750.6% |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | 5.66 | 5.63 | 5.82 | 4.62 | 9.78 | 22.55 | 5.57 | 5.00 | 2.89 | 2.38 | 1.80 | 1.81 | 0.80 | 0.73 | 0.86 | 0.98 | -0.45 | 1.20 | 0.53 | -0.55 | 0.02 | 0.15 | -0.35 | -1.42 | -2.31 | -16.00 | -3.65 |
| Diluted EPS | 5.65 | 5.62 | 5.81 | 4.61 | 9.69 | 22.41 | 5.53 | 4.92 | 2.83 | 2.33 | 1.77 | 1.77 | 0.78 | 0.71 | 0.83 | 0.95 | -0.45 | 1.18 | 0.50 | -0.55 | 0.02 | 0.14 | -0.35 | -1.42 | -2.31 | -16.00 | -3.65 |
| Weighted Average OS | 72.54M | 74.88M | 76.43M | 78.19M | 78.92M | 78.76M | 79.42M | 80.06M | 80.08M | 79.86M | 80.00M | 80.75M | 80.55M | 80.53M | 77.99M | 75.83M | 69.09M | 66.81M | 67.18M | 63.25M | 61.64M | 59.96M | 57.76M | 47.88M | 42.25M | 5.55M | 4.22M |
| EBITDA | $822.72M | $816.8M | $799.05M | $779.84M | $1.12B | $480.71M | $593.47M | $521.29M | $391.35M | $272.92M | $206.64M | $211.43M | $178.05M | $139.99M | $107.84M | $121.47M | -$20.8M | $29.89M | $47.24M | -$27.27M | $12.9M | $24.49M | $1.99M | -$43.74M | -$70.97M | -$78.6M | -$14.15M |
| EBITDA Margin | 20.4% | 20.4% | 20.7% | 20.9% | 28.4% | 19.4% | 24.7% | 26.5% | 26.6% | 25.3% | 24.4% | 27.8% | 27.0% | 25.0% | 22.5% | 31.4% | -6.7% | 9.8% | 16.6% | -13.2% | 6.2% | 14.2% | 1.6% | -62.8% | -158.4% | -1166.0% | -3441.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.08B | $1.04B | $937.44M | $942.05M | $1.1B | $960.84M | $550.42M | $636.9M | $449.51M | $389.27M | $167.71M | $199.87M | $242.95M | $306.39M | $240.68M | $294.66M | $166.49M | $87.1M | $89.12M | $55.11M | $74.22M | $69.66M | $44.94M | $35.55M | $50.55M | $2.83M | $6.83M |
| Short-Term Investments | $15.92M | $0 | $35.3M | $57.53M | $71.97M | $0 | $318.2M | $98.46M | $272.03M | $250.98M | $359.58M | $254.79M | $127.04M | $28.48M | $7.39M | $8.62M | $19.98M | $23.07M | $38.77M | $8.93M | $0 | $0 | $2.29M | $2.69M | $12.49M | $9.63M | $5.25M |
| Cash and Short-Term Investments | $1.09B | $1.04B | $972.74M | $999.58M | $1.17B | $960.84M | $868.63M | $735.36M | $721.54M | $640.26M | $527.29M | $454.66M | $369.99M | $334.87M | $248.07M | $303.28M | $186.47M | $110.17M | $127.89M | $64.04M | $74.22M | $69.66M | $47.23M | $38.24M | $63.04M | $12.46M | $12.09M |
| Accounts Receivable | $1.16B | $1.03B | $1.05B | $1B | $990.81M | $657.7M | $616.55M | $482.31M | $324.19M | $247.41M | $158.55M | $129.75M | $113.25M | $98.99M | $91.54M | $65.43M | $54.54M | $52.36M | $44.85M | $33.63M | $29.3M | $28.81M | $21.27M | $16.77M | $11.56M | $4.46M | $314K |
| Inventory | $226.34M | $254.29M | $296.9M | $338.75M | $230.23M | $139.24M | $112.05M | $55.64M | $31.69M | $27.13M | $19.46M | $15.93M | $13.97M | $15.12M | $9.4M | $2.54M | $2.05M | $1.97M | $2.91M | $3.09M | $2.93M | $2.85M | $2.33M | $1.53M | $1.55M | $2.02M | $366K |
| Other Current Assets | $75.26M | $81.58M | $77.33M | $16.76M | $31.48M | $61.69M | $24.42M | $0 | $0 | $0 | $0 | $37.05M | $28.64M | $0 | $4.03M | $0 | $0 | $0 | $21K | $93K | $150K | $303K | $2.19M | $6.94M | $5.43M | $22.41M | $1.01M |
| Total Current Assets | $2.62B | $2.49B | $2.45B | $2.42B | $2.49B | $1.85B | $1.63B | $1.3B | $1.16B | $952.98M | $732.01M | $657.16M | $544.68M | $485.79M | $384.82M | $388.61M | $261.3M | $177.91M | $184.52M | $108.09M | $111.59M | $106.83M | $77.11M | $65.83M | $81.58M | $41.36M | $13.77M |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.24B | $1.38B | $1.41B | $1.35B | $1.2B | $817.27M | $687.97M | $521.33M | $348.79M | $175.17M | $136.47M | $90.13M | $75.74M | $79.19M | $53.97M | $30.68M | $24.97M | $26.98M | $25.32M | $26.9M | $26.43M | $21.7M | $23.12M | $25.08M | $32.02M | $21.1M | $3.32M |
| Goodwill | $491.83M | $442.63M | $419.53M | $407.55M | $418.55M | $444.82M | $63.92M | $64.03M | $64.61M | $61.04M | $61.07M | $61.37M | $61.62M | $99.24M | $135.38M | $478K | $478K | $478K | $478K | $478K | $478K | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $93.93M | $103.49M | $82.12M | $95.72M | $109.71M | $130.07M | $11.77M | $17.92M | $24.45M | $20.95M | $18.09M | $20.69M | $23.74M | $45.78M | $50.02M | $2.19M | $4.99M | $7.79M | $10.62M | $13.82M | $719K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $8.02M | $41.98M | $125.32M | $0 | $5.89M | $64.89M | $94.55M | $104.84M | $151.37M | $147.89M | $101.98M | $21.25M | $0 | $9.09M | $0 | -$61.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.25M | $0 |
| Deferred Tax Assets | $1.51B | $1.56B | $1.59B | $1.57B | $1.53B | $1.55B | $64.01M | $64.69M | $50.06M | $67.84M | $51.42M | $3.1M | $15.77M | $0 | $22.34M | $42.44M | $61.53M | $61.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $278.05M | $234.16M | $128.68M | $55.83M | $57.51M | $35.15M | $33.72M | $17.13M | $38.38M | $13.32M | $8.2M | $7.67M | $8.62M | $25.06M | $2.74M | $3.45M | $1.97M | $66.19M | $1.83M | $2.26M | $2.9M | $2.18M | $1.97M | $1.95M | $4.61M | $1.85M | $0 |
| Total Long-Term Assets | $3.62B | $3.72B | $3.64B | $3.52B | $3.45B | $2.98B | $867.28M | $749.98M | $620.85M | $443.17M | $426.62M | $330.84M | $287.47M | $270.52M | $264.45M | $88.33M | $93.94M | $101.43M | $38.24M | $43.47M | $30.52M | $23.88M | $25.09M | $27.02M | $36.63M | $29.2M | $3.32M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B | $4.83B | $2.5B | $2.05B | $1.78B | $1.4B | $1.16B | $988M | $832.15M | $756.31M | $649.26M | $476.94M | $355.24M | $279.34M | $222.76M | $151.56M | $142.11M | $130.71M | $102.2M | $92.86M | $118.22M | $70.56M | $17.09M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $121.45M | $108.69M | $113.13M | $127.87M | $163.89M | $142.13M | $87.25M | $64.26M | $36.78M | $28.6M | $34.35M | $23.25M | $17.72M | $19.55M | $19.27M | $7.77M | $6.12M | $5.58M | $9.22M | $5.03M | $2.49M | $3.36M | $3.1M | $1.97M | $4.38M | $5.54M | $1.57M |
| Short-Term Debt | $31.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.5M | $0 | $1.85M | $1.99M | $2.18M | $483K | $0 | $0 |
| Current Income Tax Payable | $0 | $96.47M | $38.1M | $74.32M | $33.84M | $30.13M | $14.13M | $12.03M | $17.91M | $9.24M | $7.45M | $7.48M | $7.42M | $0 | $7.48M | $4.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.26B | $1.33B | $1.43B | $1.34B | $1.15B | $777.89M | $563.76M | $393.14M | $273.09M | $191.41M | $129.55M | $90.68M | $77.28M | $61.98M | $52.25M | $33.85M | $32.3M | $16.71M | $12.36M | $10.94M | $16.75M | $16.26M | $13.11M | $2.13M | $1.55M | $14.75M | $2.05M |
| Other Current Liabilities | $234.61M | $0 | $237.16M | $203.97M | $262.4M | $183.61M | $127.61M | $101.82M | $5.06M | $45.88M | $44.89M | $35.79M | $29.9M | $4.05M | $24.25M | $19.93M | $11.66M | $20.49M | $17.71M | $22.54M | $17.04M | $14.21M | $0 | $7.27M | $0 | $2.35M | $119K |
| Total Current Liabilities | $1.92B | $2.04B | $2.07B | $1.93B | $1.92B | $1.33B | $970.97M | $692.07M | $497.82M | $354.33M | $271.67M | $201.81M | $175.34M | $155.77M | $148.12M | $92.97M | $81.24M | $60.57M | $61.46M | $67.78M | $48.61M | $44.95M | $37.38M | $18.4M | $17.84M | $23.09M | $3.75M |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $1.67M | $3.33M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $182.02M | $236.37M | $289.81M | $320.37M | $292.67M | $205.77M | $140.1M | $107.49M | $129.67M | $46.43M | $39.03M | $33.41M | $22.84M | $0 | $10.37M | $6.22M | $961K | $229K | $148K | $219K | $64K | $0 | $0 | $0 | $0 | $130.69M | $32.76M |
| Total Long-Term Liabilities | $264.53M | $324.59M | $386.78M | $420.7M | $395.32M | $270.22M | $183.56M | $107.49M | $129.67M | $46.43M | $39.03M | $33.41M | $22.84M | $0 | $10.37M | $6.22M | $961K | $229K | $148K | $219K | $64K | $25K | $1.85M | $3.84M | $980K | $132.15M | $32.76M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.18B | $2.36B | $2.45B | $2.35B | $2.32B | $1.6B | $1.15B | $799.57M | $627.49M | $400.76M | $310.71M | $235.23M | $198.18M | $175M | $158.48M | $99.2M | $82.2M | $60.8M | $61.61M | $68M | $48.67M | $44.97M | $39.23M | $22.24M | $18.82M | $155.24M | $36.51M |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $130.69M | $130.69M | $32.76M |
| Common Stock | $7K | $7K | $7K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $8K | $7K | $7K | $7K | $6K | $6K | $6K | $6K | $6K | $5K | $1K | $1K |
| Retained Earnings | $2.46B | $2.48B | $2.45B | $2.57B | $2.62B | $2.22B | $439.91M | $378.14M | $263.36M | $131.45M | $27.39M | -$30.51M | -$95.91M | -$89.63M | -$116.51M | -$178.25M | -$252.5M | -$221.23M | -$289.65M | -$325.37M | -$290.41M | -$291.82M | -$300.59M | -$274.2M | -$206.08M | -$108.6M | -$19.85M |
| Comprehensive Income & Other | $75.39M | $5.98M | $21.17M | -$10.28M | $4.33M | $43.5M | -$688K | -$2.77M | $571K | -$938K | -$980K | -$140K | $294K | $203K | $46K | $134K | $455K | $269K | $657K | $3K | $7K | -$2K | -$5.24M | -$19.88M | -$49.58M | $73K | -$32.76M |
| Other Stockholders' Equity | $1.58B | $1.37B | $1.18B | $1.03B | $1B | $1.02B | $906.25M | $874.74M | $887.01M | $863.93M | $820.53M | $783.27M | $729.87M | $670.93M | $607.29M | $555.99M | $525.53M | $439.76M | $450.8M | $408.92M | $383.84M | $377.56M | $363.56M | $344.81M | $305.47M | $23.93M | $439K |
| Total Equity | $4.05B | $3.85B | $3.63B | $3.6B | $3.62B | $3.23B | $1.35B | $1.25B | $1.15B | $995.39M | $847.93M | $752.77M | $633.97M | $581.32M | $490.78M | $377.75M | $273.04M | $218.54M | $161.15M | $83.56M | $93.44M | $85.74M | $62.98M | $70.62M | $99.4M | -$84.67M | -$19.41M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.23B | $6.21B | $6.08B | $5.95B | $5.94B | $4.83B | $2.5B | $2.05B | $1.78B | $1.4B | $1.16B | $988M | $832.15M | $756.31M | $649.26M | $476.94M | $355.24M | $279.34M | $222.76M | $151.56M | $142.11M | $130.71M | $102.2M | $92.86M | $118.22M | $70.56M | $17.09M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $114.45M | $119.28M | $126.62M | $126.91M | $125.38M | $86.18M | $59.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.5M | $0 | $1.87M | $3.84M | $6.02M | $1.46M | $1.9M | $9K |
| Net Debt | -$964.54M | -$924.61M | -$810.82M | -$815.14M | -$974M | -$874.66M | -$491.23M | -$636.9M | -$449.51M | -$389.27M | -$167.71M | -$199.87M | -$242.95M | -$306.39M | -$240.68M | -$294.66M | -$166.49M | -$87.1M | -$89.12M | -$43.61M | -$74.22M | -$67.78M | -$41.1M | -$29.53M | -$49.09M | -$928K | -$6.82M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | $410.35M | $421.36M | $445.05M | $361.57M | $772.02M | $1.78B | $442.78M | $400.24M | $231.42M | $189.68M | $144.02M | $145.83M | $64.3M | $58.69M | $66.72M | $74.25M | -$31.27M | $79.99M | $35.72M | -$34.96M | $1.41M | $8.77M | -$20.12M | -$68.12M | -$97.47M | -$88.75M | -$15.41M |
| Depreciation & Amortization | $237.44M | $145.03M | $142.4M | $125.79M | $108.73M | $93.54M | $78.99M | $54.73M | $37.74M | $24M | $18M | $17.86M | $16.82M | $17.81M | $17.48M | $14.19M | $13M | $12.79M | $13.38M | $10.27M | $10.45M | $14.72M | $21.92M | $29.08M | $29.8M | $2.51M | $559K |
| Deferred Income Tax | $33.09M | $25.76M | -$18.64M | -$39.49M | $15.46M | -$1.49B | $307K | -$15.68M | $17.57M | -$513K | -$1.2M | $25.48M | $21.2M | $17.78M | $5.84M | $17.31M | -$2.61M | -$64.61M | -$12.19M | -$8.87M | -$67K | -$3.91M | -$12.8M | -$15.76M | $0 | $0 | $0 |
| Stock-Based Compensation | $185.87M | $173.7M | $154.03M | $133.37M | $114.34M | $98.43M | $88.18M | $70.76M | $58.85M | $54.15M | $52.94M | $39.82M | $26.44M | $21.48M | $19.16M | $16.07M | $15.09M | $17.73M | $12.21M | $8.91M | $67K | $5.09M | $12.8M | $22.21M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | -$139.91M | -$153.49M | -$104.61M | $21.55M | -$262.07M | -$139.78M | -$121.01M | -$109.22M | -$90.99M | -$94.44M | -$40.77M | -$27.23M | -$11.98M | -$9.14M | -$21.69M | -$12.18M | -$2.59M | -$7.95M | -$10.7M | -$4.04M | -$985K | -$8.09M | -$4.41M | -$8.48M | $0 | $0 | $0 |
| Inventory | $808K | $25.05M | $30.17M | -$130.1M | -$112.45M | -$29.11M | -$58.27M | -$24.11M | -$5.48M | -$7.66M | -$3.56M | -$2M | $1.16M | -$5.72M | -$4.06M | -$508K | -$85K | $943K | $186K | -$160K | -$213K | -$308K | $354K | $102K | -$80K | -$1.66M | -$366K |
| Accounts Payable | $5.33M | -$843K | -$7.7M | -$36.52M | $19.75M | $52.21M | $22.1M | $25.05M | $8.18M | -$3.4M | $7.58M | $2.89M | -$186K | -$6K | $7.54M | $2.61M | -$614K | -$2.65M | $2.74M | $3M | -$2M | $221K | -$246K | -$450K | $0 | $0 | $0 |
| Other Working Capital | -$222.24M | $56.84M | $74.26M | $60.76M | $509.01M | $246.37M | $232.4M | $126.98M | $164.19M | $88.89M | $57.59M | $35.53M | $24.17M | $11.48M | $50.76M | $20.67M | $19.17M | $1.35M | -$385K | $3.21M | $6.57M | $8.1M | $12.47M | $989K | -$12.76M | $5.26M | $2.18M |
| Total Working Capital Change | -$356.01M | -$72.43M | -$7.89M | -$84.31M | $154.24M | $129.69M | $75.21M | $18.69M | $75.89M | -$16.61M | $20.83M | $9.19M | $13.16M | -$3.38M | $32.54M | $10.59M | $15.88M | -$8.31M | -$8.16M | $2M | $3.37M | -$68K | $8.16M | -$7.84M | -$12.84M | $3.61M | $1.81M |
| Other Non-Cash Items | $82.5M | $44.81M | $70.83M | $71.81M | $7.77M | $56.21M | $61.8M | $25.95M | $17.07M | -$3.06M | $3.4M | -$11.29M | $44.05M | $21.39M | -$11.27M | -$2.88M | $64.07M | $2.15M | $11.81M | $8.62M | $851K | -$40K | $2.16M | $29K | $2.66M | $23.83M | $1.41M |
| Net Cash from Operating | $593.22M | $738.23M | $785.78M | $568.73M | $1.17B | $662.17M | $747.27M | $554.68M | $438.54M | $247.65M | $238M | $226.9M | $185.98M | $133.78M | $130.47M | $129.53M | $74.17M | $39.75M | $52.78M | -$14.03M | $16.09M | $24.56M | $12.12M | -$40.4M | -$77.86M | -$58.8M | -$11.63M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$102.44M | -$115.58M | -$177.72M | -$291.9M | -$401.1M | -$154.92M | -$149.71M | -$223.31M | -$195.69M | -$70.58M | -$53.45M | -$24.09M | -$19.41M | -$38.33M | -$30.4M | -$18.03M | -$7.19M | -$14.33M | -$7.43M | -$24.03M | -$13.8M | -$9.06M | -$7.58M | -$8.11M | -$19.18M | -$13.57M | -$2.46M |
| Acquisitions | $0 | -$183.42M | -$77M | -$12.3M | -$8M | -$420.79M | $0 | -$5M | -$21.72M | -$46.74M | $0 | $0 | -$7.65M | $0 | -$187.59M | $0 | $0 | $189K | $0 | $366K | -$856K | $858K | $65K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$10M | $0 | -$2.91M | -$28M | -$200.93M | -$5.34M | -$693.28M | -$180.19M | -$390.24M | -$405.61M | -$447.09M | -$437.15M | -$303.92M | -$67.51M | $95K | -$18.33M | -$42.92M | -$75.05M | -$64.69M | -$18.42M | -$2.23M | -$519K | -$7.68M | -$1.97M | -$72.22M | -$35.29M | -$6.25M |
| Sales of Investments | $0 | $43.85M | $61.4M | $121.1M | $47.02M | $321.46M | $485.43M | $384.67M | $388.78M | $603.99M | $334.14M | $259.8M | $122.66M | $25.2M | $10.32M | $20.59M | $48.89M | $87.93M | $34.8M | $9.48M | $2.23M | $2.81M | $8.07M | $14.09M | $74.31M | $9.08M | $5.11M |
| Other Investing Activities | $0 | $235K | $278K | -$2.21M | -$417K | $28.08M | $7.12M | $30.77M | -$29.43M | -$8.21M | $46K | -$183K | -$2.41M | $2.35M | -$4.03M | -$145K | -$334K | $214K | $539K | -$154K | -$607K | -$73K | $2.8M | -$2.5M | $15.12M | -$1.85M | $0 |
| Net Cash from Investing | -$112.44M | -$254.91M | -$195.94M | -$213.32M | -$563.43M | -$231.51M | -$350.44M | $6.93M | -$248.31M | $72.85M | -$166.36M | -$201.63M | -$210.73M | -$78.3M | -$211.61M | -$15.92M | -$1.56M | -$1.05M | -$36.78M | -$32.75M | -$15.26M | -$5.98M | -$4.33M | $1.51M | -$1.96M | -$41.63M | -$3.6M |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | $45.77M | - | - | - | - | - | - | - | - | - | - | - | - | -$11.5M | $1.85M | $1.99M | $1.26M | -$4.96M | $163K | $318K | -$742K |
| Common Stock Issuance | $21.75M | $25.28M | $26.59M | $26.15M | $25.62M | $20.31M | $17.91M | $16.64M | $14.46M | $13.78M | $11.32M | $18.03M | $34.2M | $42.33M | $25.5M | $11.82M | $8.1M | $10.51M | $28.99M | $16.18M | $5.58M | $8.12M | $2.88M | $19.25M | $138.61M | $1.04M | $18.78M |
| Common Stock Repurchases | -$465.94M | -$352.88M | -$592.36M | -$435.04M | -$375.04M | $0 | -$400M | -$300M | -$103.79M | -$96.22M | -$101.79M | -$98.23M | -$95.11M | -$47.2M | -$7.75M | $0 | $0 | -$50.14M | $0 | $0 | $0 | -$1K | -$20K | -$317K | -$53K | -$48K | -$2K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$20.39M | -$28.13M | -$32.58M | -$92.8M | -$108.92M | -$51.12M | -$57.67M | -$86.07M | -$46.17M | -$13.08M | -$10.32M | $13.79M | $22.74M | $15.08M | $9.49M | $2.88M | -$1.12M | -$316K | $16K | $0 | $0 | $0 | $0 | $0 | -$10.85M | $95.76M | $76K |
| Net Cash from Financing | -$464.58M | -$355.72M | -$598.34M | -$501.69M | -$458.33M | -$30.81M | -$485.54M | -$369.43M | -$135.5M | -$95.52M | -$100.79M | -$66.42M | -$38.17M | $10.21M | $27.24M | $14.71M | $6.84M | -$40.35M | $17.51M | $27.68M | $3.74M | $6.14M | $1.6M | $23.89M | $127.54M | $96.43M | $19.6M |
| Forex Effect | $35.02M | -$21.15M | $4.67M | -$11.51M | -$12.12M | $10.48M | $2.28M | -$4.73M | $5.51M | -$3.42M | -$3.01M | -$1.93M | -$504K | $28K | -$93K | -$139K | -$59K | -$355K | $499K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $51.22M | $106.44M | -$3.84M | -$157.78M | $138.66M | $410.34M | -$86.43M | $187.44M | $60.24M | $221.56M | -$32.16M | -$43.08M | -$63.43M | $65.71M | -$53.99M | $128.18M | $79.39M | -$2.02M | $34.01M | -$19.11M | $4.56M | $24.72M | $9.39M | -$15M | $47.72M | -$4M | $4.36M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | $593.22M | $738.23M | $785.78M | $568.73M | $1.17B | $662.17M | $747.27M | $554.68M | $438.54M | $247.65M | $238M | $226.9M | $185.98M | $133.78M | $130.47M | $129.53M | $74.17M | $39.75M | $52.78M | -$14.03M | $16.09M | $24.56M | $12.12M | -$40.4M | -$77.86M | -$58.8M | -$11.63M |
| Capital Expenditure | -$102.44M | -$115.58M | -$177.72M | -$291.9M | -$401.1M | -$154.92M | -$149.71M | -$223.31M | -$195.69M | -$70.58M | -$53.45M | -$24.09M | -$19.41M | -$38.33M | -$30.4M | -$18.03M | -$7.19M | -$14.33M | -$7.43M | -$24.03M | -$13.8M | -$9.06M | -$7.58M | -$8.11M | -$19.18M | -$13.57M | -$2.46M |
| Free Cash Flow | $490.78M | $622.65M | $608.06M | $276.83M | $771.45M | $507.26M | $597.56M | $331.37M | $242.84M | $177.08M | $184.55M | $202.81M | $166.56M | $95.44M | $100.06M | $111.5M | $66.97M | $25.41M | $45.35M | -$38.06M | $2.29M | $15.5M | $4.54M | -$48.51M | -$97.03M | -$72.37M | -$14.1M |
| Cash at Beginning | $1.04B | $938.52M | $942.36M | $1.1B | $961.47M | $551.13M | $637.57M | $450.13M | $389.27M | $167.71M | $199.87M | $242.95M | $306.39M | $240.68M | $294.66M | $166.49M | $87.1M | $89.12M | $55.11M | $74.22M | $69.66M | $44.94M | $35.55M | $50.55M | $2.83M | $6.83M | $2.47M |
| Cash at End | $1.1B | $1.04B | $938.52M | $942.36M | $1.1B | $961.47M | $551.13M | $637.57M | $449.51M | $389.27M | $167.71M | $199.87M | $242.95M | $306.39M | $240.68M | $294.66M | $166.49M | $87.1M | $89.12M | $55.11M | $74.22M | $69.66M | $44.94M | $35.55M | $50.55M | $2.83M | $6.83M |