Company: ALGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001097149-25-000079
Chunk: 166

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 166
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 patients increased from 236.3 thousand shipments to 256.0 thousand or 8.3% year-over-year; 

•Imaging Systems and CAD/CAM services revenues of $190 million, a decrease of 0.6% year-over-year;

•Income from operations of $96 million and operating margin of 9.7%;

•Effective tax rate of 40.1%;

•Net income of $57 million with diluted net income per share of $0.78;

•Cash and cash equivalents of $1,005 million as of September 30, 2025;

•Cash provided by operating activities of $189 million;

•Capital expenditures of $20 million, primarily related to investments in our manufacturing capacity and facilities; and

•Number of employees was 21,065 as of September 30, 2025, a decrease of 2.9% year-over-year. 

Other Statistical Data and Trends

•As of September 30, 2025, approximately 21 million people worldwide have been treated with our Invisalign system. 

•For the third quarter of 2025, the total number of Invisalign trained doctors cases were shipped to (doctor submitters) was 88.2 thousand compared to 87.4 thousand in the third quarter of 2024, a 0.9% increase. 

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•The total utilization rate in the third quarter of 2025 increased to 7.3 cases per doctor compared to 7.1 cases per doctor in the third quarter of 2024.

•Clear aligner revenue per case shipment (clear aligner revenues divided by case shipments) decreased from $1,275 in the third quarter of 2024 to $1,245 in the third quarter of 2025, a 2.4% decrease. 

Results of Operations

Net Revenues by Reportable Segment     

We group our operations into two reportable segments: Clear Aligner segment and Systems and Services segment. 

•Our Clear Aligner segment consists of Comprehensive Products, Non-Comprehensive Products and Non-Case revenues as defined below:

▪Comprehensive Products include, but are not limited to, Invisalign Comprehensive, Invisalign First and Invisalign Comprehensive 3in3.

▪Non-Comprehensive Products include, but are not limited to, Invisalign Moderate, Lite and Express packages, Invisalign Go and Invisalign Go Plus and Invis