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Align Technology (ALGN) backlog: remaining performance obligations

How much revenue Align Technology already has under contract, how fast it converts, and who it is with.

Data as of .

Align Technology backlog history

$0$2B$4BDec 2018Jun 2019Dec 2019Jun 2020Dec 2020Jun 2021Dec 2022Dec 2024Dec 2025Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
31 Dec 2025$1.35B$4.04B0.3 yrsn/a
31 Dec 2024$1.44B$4.00B0.4 yrsn/a
31 Dec 2023$1.58B$3.86B0.4 yrsn/a
31 Dec 2022$1.52B$3.73B0.4 yrsn/a
31 Dec 2021$1.31B$3.95B0.3 yrsn/a
30 Jun 2021$1.10B$3.47B0.3 yrsn/a
31 Mar 2021$964M$2.82B0.3 yrsn/a
31 Dec 2020$873M$2.47B0.4 yrsn/a
30 Sep 2020$745M$2.29B0.3 yrsn/a
30 Jun 2020$652M$2.16B0.3 yrsn/a
31 Mar 2020$620M$2.41B0.3 yrsn/a
31 Dec 2019$610M$2.41B0.3 yrsn/a

Questions

What is Align Technology's backlog?
Align Technology reported $1.35B of remaining performance obligations at 31 Dec 2025, down 6% from a year earlier. That is 0.3 years of trailing revenue already under contract.
How fast does Align Technology's backlog turn into revenue?
Over the last twelve months Align Technology recognised revenue equal to about 279% of the backlog it started each quarter with.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.