---
schema_version: "secwatch.filing_event.v1"
accession: "0001097149-22-000025"
form_type: "8-K"
ticker: "ALGN"
cik: "0001097149"
company_name: "ALIGN TECHNOLOGY INC"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T03:55:58.810095+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Align Tech Q1 rev $973.2M (+8.8% YoY) but EPS $1.70 down 32%; cites headwinds

## Summary
- Q1 total revenues $973.2M, up 8.8% YoY, down 5.6% sequentially; Clear Aligner rev $809.7M (+7.5% YoY).
- GAAP diluted EPS $1.70 vs $2.51 Q1'21; non-GAAP diluted EPS $2.13 vs $2.49. Net income $134.3M, down 33% YoY.
- Invisalign case volume 598.8k (+0.5% YoY, -5.1% sequentially); teen cases 175.2k (+6% YoY).
- CEO cites COVID lockdowns (China), weaker consumer confidence, inflation, Ukraine conflict as headwinds.
- Q2'22 expects up to $200M stock repurchase; quarter-end cash $1.1B; $650M left under buyback program.

## SEC filing metadata
- accession: 0001097149-22-000025
- form_type: 8-K
- ticker: ALGN
- cik: 0001097149
- company_name: ALIGN TECHNOLOGY INC
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1097149/000109714922000025/0001097149-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1097149/000109714922000025/algn-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-22-000025
- JSON: https://secwatch.observer/filing/0001097149-22-000025.json
- Plain text: https://secwatch.observer/filing/0001097149-22-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.