Filing Flows › Align Technology (ALGN) › Q1 2025
Align Technology (ALGN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Align Technology (ALGN) reported revenue of $979M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -2% from the quarter before. Operating margin was 13.4%, net earnings $93.2M (9.5% of revenue).
Align Technology, Q1 2025: revenue $979M (-2% year over year), operating margin 13.4%, net earnings $93.2M, operating cash flow $52.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $979M | -2% | -2% |
| Gross profit | $680M | -2% | -3% |
| Operating profit | $131M | -9% | -15% |
| Net earnings | $93.2M | -10% | -11% |
| Operating cash flow | $52.7M | -82% | +84% |
| Free cash flow | $27.4M | -90% | +42% |
What changed
Revenue was $979.3M in Q1 2025, down 2% year over year and down 2% from the previous quarter.
Gross margin was 69.5%, down 0.5 points from a year earlier. Operating profit was $131.1M, a 13.4% margin (down 2.1 points year over year). Operating expenses grew 1% against a revenue fall of 2%. Net earnings were $93.2M, down 11% year over year. The effective tax rate was 33.6%.
Operating cash flow was $52.7M (up 84% year over year), 57% of net earnings. Non-cash charges added back $39.1M of depreciation and amortization and $45.0M of share-based compensation. Working capital and other items used $124.7M. Capital expenditures of $25.3M left free cash flow of $27.4M.
Questions
What was Align Technology's revenue in the first quarter 2025?
Align Technology (ALGN) reported revenue of $979M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -2% from the quarter before.
Was Align Technology profitable in the first quarter 2025?
Operating profit was $131M (13.4% of revenue) and net earnings $93.2M.
Source: Align Technology 10-Q on SEC EDGAR.