Align Technology Q1 2024 10-Q Filing

Ticker: ALGN · Form: 10-Q · Filed: 2024-05-03T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

TL;DR

Align Tech 10-Q filed. Q1 2024 financials out.

AI Summary

Align Technology Inc. filed its 10-Q for the period ending March 31, 2024. The filing covers the first quarter of 2024, detailing financial performance and operational updates. Key financial data and balance sheet information for the periods ending March 31, 2024, and December 31, 2023, are presented.

Why It Matters

This filing provides investors with the latest financial results and operational details for Align Technology, crucial for understanding the company's performance and future outlook.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Align Technology Inc.?

Align Technology Inc. is involved in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry, SIC code 3842.

What is the filing date of this 10-Q report?

This 10-Q report was filed on May 3, 2024.

For which fiscal period is this 10-Q report filed?

This 10-Q report is filed for the period ending March 31, 2024.

What is the company's state of incorporation?

Align Technology Inc. is incorporated in Delaware (DE).

What are the key balance sheet dates covered in this filing?

The filing presents balance sheet information for March 31, 2024, and December 31, 2023.

From the Filing

0001097149-24-000033.txt : 20240503 0001097149-24-000033.hdr.sgml : 20240503 20240503162547 ACCESSION NUMBER: 0001097149-24-000033 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 91 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240503 DATE AS OF CHANGE: 20240503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALIGN TECHNOLOGY INC CENTRAL INDEX KEY: 0001097149 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 943267295 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-32259 FILM NUMBER: 24913561 BUSINESS ADDRESS: STREET 1: 410 NORTH SCOTTSDALE ROAD, SUITE 1300 CITY: TEMPE STATE: AZ ZIP: 85288 BUSINESS PHONE: 408-470-1000 MAIL ADDRESS: STREET 1: 410 NORTH SCOTTSDALE ROAD, SUITE 1300 CITY: TEMPE STATE: AZ ZIP: 85288 10-Q 1 algn-20240331.htm 10-Q algn-20240331 0001097149 12/31 2024 Q1 false 0001097149 2024-01-01 2024-03-31 0001097149 2024-04-26 xbrli:shares iso4217:USD 0001097149 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0001097149 2024-03-31 0001097149 2023-12-31 0001097149 us-gaap:CommonStockMember 2023-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001097149 us-gaap:RetainedEarningsMember 2023-12-31 0001097149 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001097149 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001097149 us-gaap:CommonStockMember 2024-03-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001097149 us-gaap:RetainedEarningsMember 2024-03-31 0001097149 us-gaap:CommonStockMember 2022-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001097149 us-gaap:RetainedEarningsMember 2022-12-31 0001097149 2022-12-31 0001097149 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001097149 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001097149 us-gaap:CommonStockMember 2023-03-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001097149 us-gaap:RetainedEarningsMember 2023-03-31 0001097149 2023-03-31 0001097149 us-gaap:CashMember 2024-03-31 0001097149 us-gaap:CashMember us-gaap:CashAndCashEquivalentsMember 2024-03-31 0001097149 us-gaap:MoneyMarketFundsMember 2024-03-31 0001097149 us-gaap:CashAndCashEquivalentsMember us-gaap:MoneyMarketFundsMember 2024-03-31 0001097149 us-gaap:CorporateBondSecuritiesMember 2024-03-31 0001097149 us-gaap:CorporateBondSecuritiesMember algn:MarketableSecuritiesShortTermMember 2024-03-31 0001097149 us-gaap:CorporateBondSecuritiesMember algn:MarketableSecuritiesLongTermMember 2024-03-31 0001097149 us-gaap:USTreasuryBondSecuritiesMember 2024-03-31 0001097149 us-gaap:USTreasuryBondSecuritiesMember algn:MarketableSecuritiesShortTermMember 2024-03-31 0001097149 us-gaap:USTreasuryBondSecuritiesMember algn:MarketableSecuritiesLongTermMember 2024-03-31 0001097149 us-gaap:AssetBackedSecuritiesMember 2024-03-31 0001097149 us-gaap:AssetBackedSecuritiesMember algn:MarketableSecuritiesShortTermMember 2024-03-31 0001097149 us-gaap:AssetBackedSecuritiesMember algn:MarketableSecuritiesLongTermMember 2024-03-31 0001097149 us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember 2024-03-31 0001097149 us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember algn:MarketableSecuritiesShortTermMember 2024-03-31 0001097149 us-gaap:USGovernmentCorporat

View on Read The Filing