Align Technology reported a strong Q4 2020 with record revenues of $834.5 million, up 28.4% year-over-year, driven by growth in both Invisalign aligners and iTero scanners. The company saw increased adoption from adults and teenagers, and its marketing campaigns generated significant increases in website traffic and leads.
Q4 2020 total revenues were $834.5 million, up 28.4% year-over-year.
Q4 2020 Clear Aligner revenues were $700.7 million, up 28.9% year-over-year.
Q4 2020 Imaging Systems and CAD/CAM Services revenues were $133.8 million, up 26.0% year-over-year.
Q4 2020 GAAP net income was $159.0 million, or $2.00 per diluted share.
Align Technology is off to a great start in 2021.
Visualization of income flow from segment revenue to net income