Company: ALGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001097149-25-000079
Chunk: 7

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 7
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 activities29,349 6,931 Changes in assets and liabilities, net of effects of acquisitions:Accounts receivable(117,709)(135,239)Inventories3,055 32,304 Prepaid expenses and other assets(4,053)(26,283)Accounts payable6,729 (13,283)Accrued and other long-term liabilities(67,730)47,618 Long-term income tax payable14,130 (5,186)Deferred revenues(88,661)(60,207)Net cash provided by operating activities370,046 452,153 CASH FLOWS FROM INVESTING ACTIVITIES:Acquisitions, net of cash acquired— (77,075)Purchase of property, plant and equipment(66,529)(92,619)Proceeds from maturities of marketable securities— 25,660 Proceeds from sales of marketable securities— 18,193 Purchase of equity investments(10,000)(75,390)Other investing activities— 235 Net cash used in investing activities(76,529)(200,996)CASH FLOWS FROM FINANCING ACTIVITIES:Proceeds from issuance of common stock21,749 25,281 Common stock repurchases, net of excise tax(368,691)(150,012)Payroll taxes paid upon the vesting of equity awards(20,232)(27,972)Net cash used in financing activities(367,174)(152,703)Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash34,502 6,008 Net (decrease) increase in cash, cash equivalents, and restricted cash(39,155)104,462 Cash, cash equivalents and restricted cash at beginning of the period1,044,963 938,519 Cash, cash equivalents and restricted cash at end of the period$1,005,808 $1,042,981                                                

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

8 

ALIGN TECHNOLOGY, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

Note 1. Summary of Significant Accounting Policies

Basis of Presentation and PreparationThe accompanying unaudited Condensed Consolidated Financial Statements have been prepared by Align Technology, Inc. (“we”, “our”, the “Company” or “Align”) on a