---
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"
generated_at: "2026-06-16T11:41:12.647446+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Align Technology Q1 revenue $943M beats expectations; guides Q2 revenue $980M-$1,000M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-23-000039
- JSON: https://secwatch.observer/filing/0001097149-23-000039.json
- Plain text: https://secwatch.observer/filing/0001097149-23-000039.txt

## Key facts
- Earnings Releases
  ALIGN TECHNOLOGY INC reported financial results for first quarter ended March 31, 2023.
  - Period: first quarter ended March 31, 2023
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000039/0001097149-23-000039-index.htm
- Material Agreements
  ALIGN TECHNOLOGY INC entered into Subscription Agreement with Heartland Dental Holding Corporation valued at $75 million (effective 2023-04-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Heartland Dental Holding Corporation
  - Value: $75 million
  - Effective: 2023-04-24
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000039/0001097149-23-000039-index.htm

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