Company: ALGN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001097149-25-000064
Chunk: 3

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 3
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 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in thousands)

(unaudited)

 Three Months EndedJune 30,Six Months EndedJune 30, 2025202420252024Net income$124,608 $96,564 $217,838 $201,592 Other comprehensive income (loss):Change in foreign currency translation adjustment, net of tax43,010 6,359 55,209 3,427 Change in unrealized gains (losses) on investments, net of tax— 243 — 446 Other comprehensive income (loss)43,010 6,602 55,209 3,873 Comprehensive income$167,618 $103,166 $273,047 $205,465 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

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Table of Contents

ALIGN TECHNOLOGY, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

(unaudited)

June 30,2025December 31,2024ASSETSCurrent assets:Cash and cash equivalents$901,157 $1,043,887 Accounts receivable, net of allowance for doubtful accounts of $24,381 and $19,131, respectively1,116,210 995,685 Inventories243,750 254,287 Prepaid expenses and other current assets186,941 198,582 Total current assets2,448,058 2,492,441 Property, plant and equipment, net1,260,909 1,271,134 Operating lease right-of-use assets, net116,674 113,376 Goodwill491,072 442,630 Intangible assets, net103,485 103,488 Deferred tax assets1,548,229 1,557,372 Other assets250,667 234,159 Total assets$6,219,094 $6,214,600 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Accounts payable$114,434 $108,693 Accrued liabilities563,059 598,188 Deferred revenues 1,317,990 1,331,146 Total current liabilities1,995,483 2,038,027 Income tax payable103,558 96,466 Operating lease liabilities90,474 88