Company: ALGN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001097149-25-000064
Chunk: 160

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 160
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$240.8 $243.2 $(2.4)$475.6 $481.3 $(5.7)% of net segment revenues29.9 %29.2 %29.7 %29.2 %Gross profit$563.8 $588.5 $(24.7)$1,125.9 $1,167.7 $(41.8)Gross margin %70.1 %70.8 %70.3 %70.8 %Systems and ServicesCost of net revenues$63.5 $62.7 $0.9 $127.9 $124.2 $3.8 % of net segment revenues30.6 %31.8 %32.8 %32.9 %Gross profit$144.3 $134.1 $10.2 $262.3 $252.8 $9.6 Gross margin %69.4 %68.2 %67.2 %67.1 %Total cost of net revenues$304.3 $305.9 $(1.5)$603.5 $605.5 $(2.0)% of net revenues30.1 %29.7 %30.3 %29.9 %Gross profit$708.1 $722.6 $(14.5)$1,388.2 $1,420.4 $(32.2)Gross margin %69.9 %70.3 %69.7 %70.1 %

Changes and percentages are based on actual values. Certain tables may not sum or recalculate due to rounding.

Cost of net revenues includes personnel-related costs including payroll and stock-based compensation for staff involved in the production process, the cost of materials, packaging, freight and shipping, depreciation on capital equipment and facilities used in the production process, amortization of acquired intangible assets and training costs.

For the three and six months ended June 30, 2025, our gross margin percentage decreased as compared to the same periods in 2024 primarily due to lower clear aligner ASP partially offset by operational efficiencies.

Clear Aligner

For the three months ended June 30, 2025, our gross margin percentage decreased as compared to the same period in 2024 primarily due to lower ASPs partially offset by lower