Company: ALGN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001097149-25-000064
Chunk: 2

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-08-06
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 EndedJune 30,Six Months EndedJune 30, 2025202420252024Net revenues$1,012,449 $1,028,490 $1,991,711 $2,025,921 Cost of net revenues304,332 305,862 603,486 605,477 Gross profit708,117 722,628 1,388,225 1,420,444 Operating expenses:Selling, general and administrative448,686 452,262 896,315 904,084 Research and development96,398 92,193 193,599 184,052 Legal settlement loss— 31,127 4,178 31,127 Total operating expenses545,084 575,582 1,094,092 1,119,263 Income from operations163,033 147,046 294,133 301,181 Interest income and other income (expense), net:Interest income2,859 3,301 8,175 7,693 Other income (expense), net7,624 (6,481)11,650 (6,622)      Total interest income and other income (expense), net10,483 (3,180)19,825 1,071 Net income before provision for income taxes173,516 143,866 313,958 302,252 Provision for income taxes48,908 47,302 96,120 100,660 Net income$124,608 $96,564 $217,838 $201,592 Net income per share:Basic$1.72 $1.28 $2.98 $2.68 Diluted$1.72 $1.28 $2.98 $2.68 Shares used in computing net income per share:Basic72,565 75,184 73,061 75,180 Diluted72,593 75,223 73,098 75,315 

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

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ALIGN TECHNOLOGY, INC.

CONDENSED