ALIGN TECHNOLOGY INC
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
ALGN$174.260.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,094,908 | $1,043,887 |
| Accounts receivable, net of allowance for doubtful accounts of $34,213 and $19,131, respectively | 1,101,757 | 995,685 |
| Inventories | 226,343 | 254,287 |
| Prepaid expenses and other current assets | 165,571 | 198,582 |
| Assets held for sale | 27,983 | — |
| Total current assets | 2,616,562 | 2,492,441 |
| Property, plant and equipment, net | 1,131,453 | 1,271,134 |
| Operating lease right-of-use assets, net | 108,322 | 113,376 |
| Goodwill | 491,833 | 442,630 |
| Intangible assets, net | 93,933 | 103,488 |
| Deferred tax assets | 1,513,542 | 1,557,372 |
| Other assets | 278,048 | 234,159 |
| Total assets | $6,233,693 | $6,214,600 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $121,450 | $108,693 |
| Accrued liabilities | 536,749 | 598,188 |
| Deferred revenues | 1,261,816 | 1,331,146 |
| Total current liabilities | 1,920,015 | 2,038,027 |
| Income tax payable | 68,200 | 96,466 |
| Operating lease liabilities | 82,507 | 88,214 |
| Other long-term liabilities | 113,824 | 139,908 |
| Total liabilities | 2,184,546 | 2,362,615 |
| Commitments and contingencies (Notes 8 and 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value (5,000 shares authorized; none issued) | — | — |
| Common stock, $0.0001 par value (200,000 shares authorized; 71,364 and 73,849 issued and outstanding, respectively) | 7 | 7 |
| Additional paid-in capital | 1,509,595 | 1,362,234 |
| Accumulated other comprehensive income (loss), net | 75,388 | 5,978 |
| Retained earnings | 2,464,157 | 2,483,766 |
| Total stockholders’ equity | 4,049,147 | 3,851,985 |
| Total liabilities and stockholders’ equity | $6,233,693 | $6,214,600 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.