Align Technology Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $1.015B, up 1.9% year-over-year
- ➤Q3 Clear Aligner revenue $839.3M, up 4.2%; volume rose 6.6%
- ➤Q3 non-GAAP operating margin 24.4%, up 0.5 points year-over-year
- ➤Q4 revenue outlook $1.000B-$1.020B; non-GAAP operating margin approximately 26.0%
- ➤Q4 share repurchases expected up to $300M
Expert Statements
Joe Hogan, President and CEO of Align Technology
“We delivered solid third-quarter results, with Q3 revenues and Clear Aligner volumes in line with our outlook and non-GAAP operating margin was above our prior guidance.”
Joe Hogan, President and CEO of Align Technology
“Clear Aligner volumes reflect record doctor submitters, record third-quarter Clear Aligner shipments, improved utilization, and broad-based international growth.”
Joe Hogan, President and CEO of Align Technology
“For the first time in 6 quarters, orthodontist shipments in North America increased year-over-year, and DSO shipments were up double-digits, across both orthodontist and GP customers.”
Joe Hogan, President and CEO of Align Technology
“Our focus remains on expanding iTero’s reach and in Q3, the number of scanner units placed—including leased, rented and certified pre-owned systems increased double-digits year-over-year, to more than 157,000 systems globally.”
Joe Hogan, President and CEO of Align Technology
“From a profitability perspective, non-GAAP gross margin was 70.4%, modestly below our expectation, reflecting higher fuel-related transportation costs, lower Clear Aligner ASPs and geographic and product mix.”
Joe Hogan, President and CEO of Align Technology
“Disciplined expense management and productivity improvements contributed to non-GAAP operating margin of 24.4%, above our outlook.”
Joe Hogan, President and CEO of Align Technology
“Overall, Q3 demonstrated continued Clear Aligner growth, expansion of our digital platform and customer footprint, and improved profitability.”
Joe Hogan, President and CEO of Align Technology
“We also have a significant innovation pipeline ahead of us.”
Joe Hogan, President and CEO of Align Technology
“We continue to be excited about our next-gen direct fabrication 3D printing materials platform, called NXT Technology.”
Joe Hogan, President and CEO of Align Technology
“NXT Technology unlocks greater control, consistency, and precision across appliance design-enabling an entirely new level of Invisalign(®) performance and personalization.”
Joe Hogan, President and CEO of Align Technology
“Sports mouth guards represent a large and growing market opportunity amid increasing awareness of concussion risks in contact sports.”
John Morici, CFO and EVP Global Finance of Align Technology
“I was pleased to deliver third-quarter revenue and Clear Aligner volume in line with our outlook while improving year-over-year profitability.”
John Morici, CFO and EVP Global Finance of Align Technology
“Consistent with our first and second quarters, these results were achieved against a challenging market backdrop, as demand across the dental and orthodontic industry continued to be affected by a softer environment for discretionary healthcare spending and capital equipment investment.”
John Morici, CFO and EVP Global Finance of Align Technology
“Those conditions persisted through the third quarter and our fourth-quarter outlook reflects what we continue to see across the broader market.”
John Morici, CFO and EVP Global Finance of Align Technology
“As we look to 2027, we believe we are positioned to deliver another year of revenue growth and margin expansion.”
John Morici, CFO and EVP Global Finance of Align Technology
“Importantly, our preliminary planning assumes an operating environment broadly consistent with current conditions and does not require a consumer recovery.”
Align Technology Announces Third Quarter 2026 Financial Results
Clear Aligner Revenue Growth, Improved Profitability and Continued Capital Return Demonstrate Progress on Strategic Priorities
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