ALGN
FY2026 Q1 · Calendar Q2 2026
Align Technology, Inc.
Align Technology delivered a strong Q1 2026, with revenue of $1.04 billion (up 6.2% YoY) and EPS of $2.58, beating consensus on both the top and bottom lines. Record Invisalign shipments of 686,000 cases and higher average selling prices drove the upside, with international markets delivering double-digit growth. Gross margins expanded to 70.8% GAAP and 71.8% non-GAAP, supported by operational efficiencies, lower refinement rates, and higher-margin NOAA/Zero-AA configurations. Management reaffirmed full-year FY2026 guidance while acknowledging macro uncertainties including the Middle East conflict. Despite the fundamental beat, shares declined on an abnormal basis post-earnings, suggesting the market had already priced in a strong quarter or was focused on forward risk factors.
EPS surprise+12.2%
Market move-1.3%
