|
|
Three Months Ended December 31, |
|||||
|
|
|
2023 |
|
|
|
2022 |
GAAP income from operations |
|
$ |
171,545 |
|
|
$ |
112,661 |
Income from operations constant currency impact (1) |
|
|
(8,305 |
) |
|
|
|
Constant currency income from operations (1) |
|
$ |
163,240 |
|
|
|
|
|
|
Three Months Ended December 31, |
||||
|
|
2023 |
|
|
2022 |
|
GAAP operating margin |
|
17.9 |
% |
|
12.5 |
% |
Operating margin constant currency impact (2) |
|
(0.6 |
) |
|
|
|
Constant currency operating margin (2) |
|
17.3 |
% |
|
|
|
ALIGN TECHNOLOGY, INC.
UNAUDITED GAAP TO NON-GAAP RECONCILIATION CONTINUED+
CONSTANT CURRENCY INCOME FROM OPERATIONS AND OPERATING MARGIN CONTINUED
(in thousands, except percentages)
Current year versus prior year constant currency analysis:
|
|
Year Ended December 31, |
||||
|
|
|
2023 |
|
|
2022 |
GAAP income from operations |
|
$ |
643,338 |
|
$ |
642,595 |
Income from operations constant currency impact (1) |
|
|
31,988 |
|
|
|
| Constant currency income from operations (1) |
|
$ |
675,326 |
|
|
|
|
|
|
Year Ended December 31, |
||||
|
|
|
2023 |
|
|
2022 |
|
| GAAP operating margin |
|
16.7 |
% |
|
17.2 |
% |
| Operating margin constant currency impact (2) |
|
0.7 |
|
|
|
|
| Constant currency operating margin (2) |
|
17.3 |
% |
|
|
|
