earnings
confidence high
sentiment neutral
materiality 0.75
Align Technology Q2 record revenue $1.06B, Clear Aligner volume up 7.4% YoY; guides Q3 down
ALIGN TECHNOLOGY INC
- Q2'26 total revenue $1,056.2M (+4.3% YoY); Clear Aligner revenue $870.9M (+8.2% YoY) on 691.8k cases (+7.4% YoY).
- GAAP diluted EPS $1.51 (down from $1.72 YoY); non-GAAP diluted EPS $2.64 (up from $2.49 YoY).
- Recorded $37.5M UK VAT liability; Q3'26 revenue guidance $1,000M-$1,020M (down sequentially).
- FY2026 revenue growth guidance 3-4% YoY; non-GAAP operating margin ~23.7% (+100 bps YoY).
- Repurchased 0.4M shares for $67M; $733M remaining under $1B buyback program.