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Align
🇺🇸 NASDAQ:ALGN
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•
Dec 31, 2020

Align Q4 2020 Earnings Report

Announced record revenues and volumes from both Invisalign aligners and iTero scanners, as well as increased gross margins, operating margins, EPS, and cash flow.

Key Takeaways

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.

Total Revenue
$835M
Previous year: $650M
+28.4%
EPS
$2.61
Previous year: $1.53
+70.6%
Invisalign Cases Shipped
568K
Previous year: 413.7K
+37.3%
Gross Profit
$610M
Previous year: $472M
+29.3%
Cash and Equivalents
$961M
Previous year: $869M
+10.6%
Free Cash Flow
$328M
Previous year: $176M
+86.9%
Total Assets
$4.83B
Previous year: $2.5B
+93.1%

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Align Revenue by Segment

Forward Guidance

Align Technology is off to a great start in 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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