ALGN · 10-Q · 2026Q2

ALIGN TECHNOLOGY INC

Filed 2026-08-05 · Healthcare · View original filing on EDGAR

Ranked Events

• Litigation and Legal RiskImportance 90 · Surprise 100
  Align recorded $69.3 million of legal settlements and contingencies during the six months ended June 30, 2026, compared with $4.2 million in the prior-year period. The six-month charge included $31.8 million related to…
• Capital Expenditure OutlookImportance 68 · Surprise 42
  Align expects fiscal-year 2026 capital expenditures of $125 million to $150 million. Planned spending primarily covers technology upgrades, additional manufacturing capacity, and ongoing maintenance. The outlook…
• Hyderabad Manufacturing ExpansionImportance 64 · Surprise 42
  Align announced its first manufacturing facility in India, located in Hyderabad, with operations expected to begin in 2027. The company plans to invest approximately $200 million over several years, including capital…
• Hyderabad Manufacturing InvestmentImportance 64 · Surprise 42
  Align announced a new manufacturing facility in Hyderabad, India, with operations expected to begin in 2027. The company expects to invest approximately $200 million over several years, including capital expenditures…
• Liquidity and Cash PositionImportance 62 · Surprise 46
  Cash and cash equivalents totaled $1,103 million at June 30, 2026, compared with $1,095 million at December 31, 2025. Approximately $861 million of the June 30 cash balance was held by foreign subsidiaries, and Align…
• UK VAT LiabilityImportance 59 · Surprise 60
  On July 7, 2026, the United Kingdom Upper Tribunal ruled that clear aligners are not dental prostheses and are subject to the standard value-added tax rate. Align recorded an estimated UK VAT liability of approximately…
• Capital Return ProgramImportance 58 · Surprise 42
  In April 2025, Align’s Board authorized a program to repurchase up to $1.0 billion of common stock over a period of up to three years. The company repurchased approximately $98 million during the first half of 2026,…
• Income Tax Rate ChangesImportance 41 · Surprise 48
  The effective tax rate declined to 27.2% in the second quarter of 2026 from 28.2% in the prior-year quarter, reducing tax expense to $40.4 million from $48.9 million. For the first six months, the effective tax rate…
• Market Demand TrendsImportance 37 · Surprise 32
  Clear Aligner revenues increased 8.2% year over year to $871 million in the second quarter of 2026, while case volume rose 7.4% to 691.8 thousand shipments. Invisalign-trained doctor submitters increased 3.4% to 89.2…
• Revenue Performance and MixImportance 37 · Surprise 32
  Second-quarter 2026 revenue increased 4.3% year over year to $1,056.2 million, while six-month revenue increased 5.3% to $2,096.3 million. Clear Aligner revenue rose 8.2% to $870.9 million in the quarter and 7.8% to…
• Trade Policy and TariffsImportance 32 · Surprise 24
  Management identifies uncertainty surrounding tariffs, retaliatory tariffs, and protectionist measures as a risk to revenue and cost of goods sold. The principal jurisdictions identified are the United States, China,…
• Product Launch and TransitionImportance 31 · Surprise 42
  Align expects customer and patient preferences to evolve as clear aligner and digital dentistry markets mature. The company is expanding treatment options through streamlined Clear Aligner configurations with limited…
• Supply Chain ConstraintsImportance 29 · Surprise 24
  Align identified potential availability risks for raw materials, components, and parts used in its products and by its suppliers. The company is pursuing supply-chain resiliency and footprint diversification through…
• Gross Margin DriversImportance 25 · Surprise 32
  Total gross margin increased to 71.7% in the second quarter of 2026 from 69.9% in the prior-year quarter, and to 71.3% for the first six months from 69.7%. Clear Aligner gross margin rose to 71.4% in the quarter and…
• Operating Expense TrendsImportance 24 · Surprise 14
  Selling, general and administrative expense increased $14.0 million, or 3.1%, to $462.7 million in the second quarter and increased $31.7 million, or 3.5%, to $928.0 million for the first six months. SG&A increases…
• Macroeconomic Factors ImpactImportance 20 · Surprise 24
  Align reports that inflation, elevated interest rates, energy costs, foreign-exchange volatility, and potential economic slowdowns are weakening consumer confidence and discretionary demand for dental services. Patient…

Revenue by Product (in thousands)

Revenue by Geography (in thousands)