{"schema_version":"secwatch.filing_event.v1","accession":"0001097149-23-000039","form_type":"8-K","ticker":"ALGN","cik":"0001097149","company_name":"ALIGN TECHNOLOGY INC","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.932380+00:00","generated_at":"2026-06-16T11:41:12.647446+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Align Technology Q1 revenue $943M beats expectations; guides Q2 revenue $980M-$1,000M","bullets":["Q1 revenue $943.1M, up 4.6% sequentially; GAAP EPS $1.14, non-GAAP $1.82.","Clear Aligner revenue $789.8M (+7.9% Q/Q); volume 575K cases (-1.4% Q/Q).","Completed $1B stock repurchase program; new $1B buyback authorized.","Completed $250M ASR; CEO & CFO purchased $1M and $0.2M of stock.","Invested $75M for less than 5% equity stake in Heartland Dental."],"urls":{"canonical":"https://secwatch.observer/filing/0001097149-23-000039","json":"https://secwatch.observer/filing/0001097149-23-000039.json","markdown":"https://secwatch.observer/filing/0001097149-23-000039.md","text":"https://secwatch.observer/filing/0001097149-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000039/0001097149-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000039/algn-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T11:41:12.647446+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1e5171e6673112162fa0e96a80fe2d1ea5ccef85","claim":"ALIGN TECHNOLOGY INC reported financial results for first quarter ended March 31, 2023.","evidence_excerpt":"On April 26, 2023, Align issued a press release and will hold a conference call regarding its financial results for its first quarter ended March 31, 2023. The full text of the press release is furnished as Exhibit 99.1 to this Form 8-K.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000039/0001097149-23-000039-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"531b132893fd89a7aec7339a00da4a504cad6b01","claim":"ALIGN TECHNOLOGY INC entered into Subscription Agreement with Heartland Dental Holding Corporation valued at $75 million (effective 2023-04-24).","evidence_excerpt":"On April 24, 2023, Align Technology, Inc. (\"Align\") and Heartland Dental Holding Corporation (“Heartland”) entered into a Subscription Agreement (the \"Subscription Agreement\"), which provides, among other things, for Align to acquire less than a 5% equity interest in Heartland through the purchase of Class A Common Stock for $75 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000039/0001097149-23-000039-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Heartland Dental Holding Corporation"},{"label":"Value","value":"$75 million"},{"label":"Effective","value":"2023-04-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}