Flagship explainer

How ALIGN TECHNOLOGY, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.0B · 100%Cost of revenue$1.3B · 33%Gross profit$2.7B · 67%Operating income$546M · 14%Income before tax$585M · 15%Income tax$175M · 4%Net income$410M · 10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.0B100%
Cost of revenue$1.3B33%
$2.7B67%
$546M14%
Income before tax$585M15%
Income tax$175M4%
$410M10%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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