Filing Flows › Align Technology (ALGN) › Q3 2025
Align Technology (ALGN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Align Technology (ALGN) reported revenue of $996M for the third quarter 2025 (Q3 2025), +2% from a year earlier and -2% from the quarter before. Operating margin was 9.7%, net earnings $56.8M (5.7% of revenue).
Align Technology, Q3 2025: revenue $996M (+2% year over year), operating margin 9.7%, net earnings $56.8M, operating cash flow $189M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $996M | -2% | +2% |
| Gross profit | $639M | -10% | -6% |
| Operating profit | $96.3M | -41% | -41% |
| Net earnings | $56.8M | -54% | -51% |
| Operating cash flow | $189M | +47% | -28% |
| Free cash flow | $169M | +58% | -28% |
What changed
Revenue was $995.7M in Q3 2025, up 2% year over year and down 2% from the previous quarter.
Gross margin was 64.2%, down 5.5 points from a year earlier. Operating profit was $96.3M, a 9.7% margin (down 6.9 points year over year). Operating profit fell $66.0M even though revenue rose $17.8M versus a year earlier, so costs grew faster than sales. Operating expenses grew 5% against revenue growth of 2%. Net earnings were $56.8M, down 51% year over year. The effective tax rate was 40.1%.
Operating cash flow was $188.7M (down 28% year over year), 333% of net earnings. Non-cash charges added back $55.7M of depreciation and amortization and $48.4M of share-based compensation. Working capital and other items added $27.9M. Capital expenditures of $19.8M left free cash flow of $169.0M.
Questions
What was Align Technology's revenue in the third quarter 2025?
Align Technology (ALGN) reported revenue of $996M for the third quarter 2025 (Q3 2025), +2% from a year earlier and -2% from the quarter before.
Was Align Technology profitable in the third quarter 2025?
Operating profit was $96.3M (9.7% of revenue) and net earnings $56.8M.
Source: Align Technology 10-Q on SEC EDGAR.