Company: ALGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001097149-25-000079
Chunk: 2

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 2
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Item 1.        Financial Statements. 

ALIGN TECHNOLOGY, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

(unaudited)

Three Months EndedSeptember 30,Nine Months EndedSeptember 30, 2025202420252024Net revenues$995,692 $977,872 $2,987,403 $3,003,793 Cost of net revenues356,491 296,098 959,977 901,575 Gross profit639,201 681,774 2,027,426 2,102,218 Operating expenses:Selling, general and administrative417,800 434,138 1,314,115 1,338,222 Research and development93,276 85,272 286,875 269,324 Restructuring and other charges31,827 — 31,827 — Legal settlement loss— 66 4,178 31,193 Total operating expenses542,903 519,476 1,636,995 1,638,739 Income from operations96,298 162,298 390,431 463,479 Interest income and other income (expense), net:Interest income3,249 4,003 11,424 11,696 Other income (expense), net(4,813)(371)6,837 (6,993)      Total interest income and other income (expense), net(1,564)3,632 18,261 4,703 Net income before provision for income taxes94,734 165,930 408,692 468,182 Provision for income taxes37,981 49,967 134,101 150,627 Net income$56,753 $115,963 $274,591 $317,555 Net income per share:Basic$0.78 $1.55 $3.77 $4.23 Diluted$0.78 $1.55 $3.77 $4.23 Shares used in computing net income per share:Basic72,377 74,736 72,831 75,031 Diluted72,419 74,757 72,880 75,149 

The accompanying notes are an integral part of these unaudited Condensed Consolidated Financial Statements