Align Technology, Inc.
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Align Technology, Inc. - overview
Established
1997
Location
Tempe, AZ, US
Primary Industry
Medical Devices & Equipment
About
Based in California, US, and founded in 1997, Align Technology, Inc. is a medical device company that manufactures orthodontic products for the treatment of misaligned teeth. The firm also provides software solutions for the dental industry. Align Technology, Inc.
trades on the NASDAQ under the ticker symbol ALGN, and has offices in North America, Latin America, Europe, the Middle East, Africa, and Asia Pacific. As of December 2022, the company is led by its Chief Executive Officer, Joseph M. Hogan, and has more than 24,000 employees. Align Technology, Inc.
also owns 1,459 active patents. The company primarily develops and offers clear teeth aligners called Invisalign systems, which are used for the treatment of malocclusions, or the misalignment of teeth in teens and adults. The firm’s products are prescribed to patients through GP (general practitioner) dentists as well as Invisalign-trained orthodontists. In addition, Align Technology, Inc.
also provides intraoral scanners and software solutions to dental professionals through its brand iTero, which is engineered to work in line with the Invisalign systems. Furthermore, the firm offers exocad® CAD (computer-aided design) and CAM (computer-aided manufacturing) software for dental laboratories and dental practitioners for implantology, guided surgery, and smile design. The company generated a revenue of USD 734. 1 million in Q3 2022.
For the year ended December 2021, Align Technology, Inc. ’s revenue was USD 3,952. 6 million.
Current Investors
Kleiner Perkins, Domain Associates, Questmark Management Company
Primary Industry
Medical Devices & Equipment
Sub Industries
Dental Products & Services, Medical Devices & Equipment, Medical Software
Website
www.aligntech.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Align Technology, Inc. - timeline of key events
Align Technology, Inc. - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 479,741,000 | 560,041,000 | 660,206,000 | 761,653,000 | 845,486,000 | 1,079,874,000 | 1,473,413,000 | 1,966,492,000 | 2,406,796,000 | 2,471,941,000 | 3,952,584,000 | 3,734,635,000 | - | - | - |
| % Revenue Growth (YoY) | - | 16.7% | 17.9% | 15.4% | 11.0% | 27.7% | 36.4% | 33.5% | 22.4% | 2.7% | 59.9% | (5.5%) | - | - | - |
| EBITDA (USD) | 107,837,000 | 103,403,000 | 111,037,000 | 211,432,000 | 206,638,000 | 272,923,000 | 391,350,000 | 521,291,000 | 621,483,000 | 480,709,000 | 1,085,129,000 | 768,388,000 | - | - | - |
| Operating Income (USD) | 90,360,000 | 85,592,000 | 94,212,000 | 193,576,000 | 188,634,000 | 248,921,000 | 353,611,000 | 466,564,000 | 542,493,000 | 387,171,000 | 976,400,000 | 642,595,000 | - | - | - |
| Operating Margin | 18.8% | 15.3% | 14.3% | 25.4% | 22.3% | 23.1% | 24.0% | 23.7% | 22.5% | 15.7% | 24.7% | 17.2% | - | - | - |
| % EBITDA Margin | 22.5% | 18.5% | 16.8% | 27.8% | 24.4% | 25.3% | 26.6% | 26.5% | 25.8% | 19.4% | 27.5% | 20.6% | - | - | - |
| NET Income (USD) | 66,716,000 | 58,691,000 | 64,295,000 | 145,832,000 | 144,020,000 | 189,682,000 | 231,418,000 | 400,235,000 | 442,776,000 | 1,775,888,000 | 772,020,000 | 361,573,000 | - | - | - |
| % Net Margin | 13.9% | 10.5% | 9.7% | 19.1% | 17.0% | 17.6% | 15.7% | 20.4% | 18.4% | 71.8% | 19.5% | 9.7% | - | - | - |
Align Technology, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Exocad GmbH | - | ||||||||
| N/A | Completed | Forty540 | - |
Displaying 1 - 2 of 2
Align Technology, Inc. - employee data
Align Technology, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board | BM | ||||||
| Board Member, Committees: Nom & Gov | Technology (NASDAQ: ALGN) | BM |
BM Board Member
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