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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.
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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