Earnings Releases·Oct 28, 2026, 4:02 PM ET

Align Technology — Third Quarter 2026 Earnings Summary

Q3 2026 total revenue reached $1.015 billion (up 1.9% YoY, down 3.9% sequentially), driven by 6.6% YoY growth in Clear Aligner volume to 690.6k cases, while Systems & Services revenue declined 7.6% YoY.
Profitability expanded significantly with non-GAAP operating margin rising to 24.4% (up 0.5 points YoY) and non-GAAP diluted EPS reaching $2.80, supported by disciplined expense management despite unfavorable foreign exchange and transportation costs.
Management provided full-year 2026 guidance of $4.11–$4.13 billion in revenue and 23.7% non-GAAP operating margin, with Q4 2026 revenue expected between $1.00–$1.02 billion and fiscal 2027 growth assumed to be consistent with current conditions.
Capital return activity included the completion of a $200 million repurchase plan in Q3, with $630 million remaining under the $1 billion program and an expectation to repurchase up to $300 million in Q4 2026.
Strategic initiatives advanced with the launch of NXT Technology, the Invisalign Specifix attachment system, and a U.S. pilot for Invisalign Sports Guard, alongside double-digit growth in iTero scanner placements exceeding 157,000 units globally.