ALIGN TECHNOLOGY INC (ALGN) Form 8-K — Oct 28, 2026
Align Technology reported Q3'26 revenues of $1,014.8 million, up 1.9% year-over-year, with GAAP diluted EPS of $1.90 versus $0.78 a year ago and non-GAAP EPS of $2.80 versus $2.61. Clear Aligner was the growth engine: revenue rose 4.2% YoY to $839.3 million on 6.6% volume growth to 690.6 thousand cases, while Imaging Systems and CAD/CAM Services revenue fell 7.6% to $175.5 million. Non-GAAP operating margin of 24.4% came in above the company's outlook despite a $5.6 million UK VAT accrual and gross margin slightly below expectations on higher transportation costs and lower ASPs.
Key figures
- Eps
- 1.9
- Revenue
- 1014800000
- Guidance
- Q4'26 revenues $1,000M-$1,020M; non-GAAP operating margin ~26.0%; FY26 revenue $4,110M-$4,130M; FY26 non-GAAP operating margin ~23.7%; expects to repurchase ~$500M of stock in 2026
- Net Income
- 135000000
- Revenue Yoy
- 1.9%
- Q3 buybacks
- 627.3 thousand shares at avg $164.73; $630.0M remaining under $1.0B program
- Itero scanners
- more than 157,000 systems globally
- Gaap gross margin
- 68.7%
- Clear aligner volume
- 690.6 thousand cases, +6.6% YoY
- Non gaap diluted eps
- $2.80 vs $2.61 in Q3'25
- Clear aligner revenue
- $839.3M, +4.2% YoY
- Non gaap gross margin
- 70.4%
- Systems services revenue
- $175.5M, -7.6% YoY
- Non gaap operating margin
- 24.4%
AI analysis
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