ALGN Align Technology

FY2024 10-K
Filed: Feb 28, 2025
Health Care
Orthopedic, Prosthetic & Surgical Appliances & SuppliesSEC EDGAR

Align Technology (ALGN) filed its fiscal year 2024 10-K annual report with the SEC on Feb 28, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business model: global medical device firm revolutionizing orthodontics and restorative dentistry via the integrated Align™ Digital Platform (Invisalign clear aligners, iTero scanners, exocad software)
  • New product launches in 2024: iTero Lumina™ intraoral scanner, iTero Multi-Direct Capture™ technology, ClinCheck® Smile Video, Invisalign Palatal Expander System with FDA 510(k) clearance
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Management Discussion & Analysis

  • Revenue not explicitly stated; 2024 sales adversely impacted by macroeconomic conditions and strong U.S. dollar
  • No specific profitability or margin figures disclosed in MD&A section provided
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Risk Factors

  • Foreign currency risk with exposure to Euro, British Pound, Chinese Yuan, Polish Zloty, Canadian Dollar; 10% rate change could materially impact results
  • Inflation risk from rising global costs may outpace price increases, potentially harming revenues and operating results
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Financial Summary
XBRL

Revenue

$4.0B

Net Income

$421M

Gross Margin

70.0%

Operating Margin

15.2%

Net Margin

10.5%

ROE

10.9%

Total Assets

$6.2B

EPS (Diluted)

$5.62

Operating Cash Flow

$738M

Source: XBRL data from Align Technology FY2024 10-K filing on SEC EDGAR. All figures in USD.

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