Company: ALGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001097149-25-000079
Chunk: 3

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 3
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Table of Contents

ALIGN TECHNOLOGY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in thousands)

(unaudited)

 Three Months EndedSeptember 30,Nine Months EndedSeptember 30, 2025202420252024Net income$56,753 $115,963 $274,591 $317,555 Other comprehensive income:Change in foreign currency translation adjustment, net of tax4,185 10,713 59,394 14,140 Change in unrealized gains (losses) on investments, net of tax— 159 — 605 Other comprehensive income4,185 10,872 59,394 14,745 Comprehensive income$60,938 $126,835 $333,985 $332,300 

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

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ALIGN TECHNOLOGY, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

(unaudited)

September 30,2025December 31,2024ASSETSCurrent assets:Cash and cash equivalents$1,004,589 $1,043,887 Accounts receivable, net of allowance for doubtful accounts of $28,250 and $19,131, respectively1,099,372 995,685 Inventories228,161 254,287 Prepaid expenses and other current assets174,114 198,582 Assets held for sale27,858 — Total current assets2,534,094 2,492,441 Property, plant and equipment, net1,184,554 1,271,134 Operating lease right-of-use assets, net115,038 113,376 Goodwill491,516 442,630 Intangible assets, net98,716 103,488 Deferred tax assets1,555,580 1,557,372 Other assets254,054 234,159 Total assets$6,233,552 $6,214,600 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Accounts payable$125,550 $108,693 Accrued liabilities546,293 598,188 Deferred revenues 1,294,623 1,331,146 Total current liabilities1,966,466