Earnings Call
Jul 29, 2026
Q2 FY2026
EPS Estimate
2.62
EPS Actual
2.64
Post-Earnings Close
$173.41
Earnings Reaction
-3.7%
Align Technology posted record Q2 2026 revenues of $1.056 billion, up 4.3% year-over-year, with record Clear Aligner shipments of 692,000 cases growing 7.4%, a result that came in line with guidance on the top line but beat on Clear Aligner ASPs ($1,260 vs. the ~$1,250 implied outlook) and non-GAAP operating margin (22.9%, up 1.6 points year-over-year). Non-GAAP EPS of $2.64 beat the $2.62 consensus estimate. The headline numbers, however, mask a meaningful divergence between the two operating segments: Clear Aligners are accelerating while Systems and Services continues to deteriorate in reported revenue terms, creating a story that requires careful disaggregation.
Report generated on Jul 30, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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