---
schema_version: "secwatch.filing_event.v1"
accession: "0001097149-23-000005"
form_type: "8-K"
ticker: "ALGN"
cik: "0001097149"
company_name: "ALIGN TECHNOLOGY INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:24:53.409409+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Align Q4 revenue $901.5M (-12.6% YoY); board authorizes new $1B buyback

## Summary
- Q4 total revenue $901.5M, down 12.6% YoY; GAAP diluted EPS $0.54, non-GAAP $1.73.
- FY2022 revenue $3.7B, down 5.5% YoY; GAAP diluted EPS $4.61, non-GAAP $7.76.
- Board approved new $1B stock repurchase program; $250M remaining under current program expected to complete in Q2 2023.
- Q1 2023 outlook: clear aligner volumes down sequentially due to China COVID; total revenue ~flat QoQ; GAAP op margin up ~1% point.
- FY2023 non-GAAP op margin expected slightly above 20%; capex >$200M; no full year revenue guidance.

## SEC filing metadata
- accession: 0001097149-23-000005
- form_type: 8-K
- ticker: ALGN
- cik: 0001097149
- company_name: ALIGN TECHNOLOGY INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000005/0001097149-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000005/algn-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-23-000005
- JSON: https://secwatch.observer/filing/0001097149-23-000005.json
- Plain text: https://secwatch.observer/filing/0001097149-23-000005.txt

## Key facts
- Earnings Releases
  ALIGN TECHNOLOGY INC reported financial results for fourth quarter and fiscal year ended December 31, 2022.
  - Period: fourth quarter and fiscal year ended December 31, 2022
  - Result: reported results
  source text: On February 1, 2023, Align Technology, Inc. (“Align”) issued a press release and will hold a conference call regarding its financial results for its fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000005/0001097149-23-000005-index.htm

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