ALGN · 10-Q · 2026Q3

ALIGN TECHNOLOGY INC

Filed 2026-11-04 · Healthcare · View original filing on EDGAR

Everything ALGN's SEC filings said, ranked

Ranked Events

• Operating Margin DriversImportance 63 · Surprise 64
  Third-quarter 2026 operating income increased $72.9 million year over year to $169.2 million, and operating margin expanded to 16.7% from 9.7%. For the first nine months, operating income increased $74.7 million to…
• Liquidity and Cash PositionImportance 61 · Surprise 32
  Cash and cash equivalents totaled $1,145 million at September 30, 2026, up from $1,095 million at December 31, 2025; approximately $860 million was held by foreign subsidiaries. The company had access to $300 million…
• Hyderabad Manufacturing ExpansionImportance 52 · Surprise 42
  During the second quarter of 2026, Align announced plans for its first manufacturing facility in India, in Hyderabad, with operations expected to begin in 2027. The company expects to invest approximately $200 million…
• Manufacturing Capacity ExpansionImportance 52 · Surprise 42
  Align announced a new manufacturing facility in Hyderabad, India, its first manufacturing site in the country, with operations expected to begin in 2027. The company expects to invest approximately $200 million over…
• Hyderabad Manufacturing InvestmentImportance 52 · Surprise 42
  Align plans to open its first manufacturing facility in India, in Hyderabad, with operations expected to commence in 2027. The company expects to invest approximately $200 million over several years, including capital…
• Capital Expenditure OutlookImportance 48 · Surprise 24
  Align expected fiscal 2026 capital expenditures of $125 million to $150 million, primarily for technology upgrades, additional manufacturing capacity, and ongoing maintenance. Capital expenditures were $111 million…
• Restructuring and HeadcountImportance 46 · Surprise 42
  Align initiated a workforce and business-group realignment plan in the third quarter of 2026 to right-size labor in response to the macroeconomic environment. The company expects total plan expenses of $35.0 million to…
• Gross Margin DriversImportance 43 · Surprise 32
  Consolidated gross margin increased to 68.7% in the third quarter of 2026 from 64.2% a year earlier, and to 70.4% for the first nine months from 67.9%. Third-quarter gross profit rose $58.3 million to $697.5 million as…
• Trade Policy and TariffsImportance 40 · Surprise 42
  The company identifies uncertainty about existing and future tariffs, retaliatory tariffs, and protectionist measures as potential risks to revenue and cost of goods sold. It specifically names the United States,…
• Income Tax Rate ChangesImportance 40 · Surprise 56
  The effective tax rate declined to 20.6% in the third quarter of 2026 from 40.1% in the prior-year quarter, while income tax provision decreased $3.0 million to $35.0 million. For the first nine months, the effective…
• Capital Return ProgramImportance 38 · Surprise 24
  The April 2025 board authorization permits repurchases of up to $1.0 billion of common stock over a period of up to three years. Align repurchased approximately $201.2 million of shares during the nine months ended…
• Product Launch and TransitionImportance 34 · Surprise 42
  Align expects customer and patient preferences to evolve as clear-aligner and digital dentistry markets mature. It plans to offer more treatment choices for different goals and budgets, including streamlined Clear…
• Macroeconomic Factors ImpactImportance 26 · Surprise 24
  Align states that macroeconomic conditions, inflation, elevated interest rates, energy costs, and economic slowdown risks can affect consumer confidence, discretionary spending, and demand for dental services and its…
• Heartland InvestmentImportance 26 · Surprise 24
  Align invested an additional $100 million in Heartland during the first nine months of 2026. The investment was a principal driver of the $260.8 million of cash used in investing activities during the period. Align…
• Market Demand TrendsImportance 25 · Surprise 32
  In the third quarter of 2026, Clear Aligner case volume increased 6.6% year over year to 690.6 thousand shipments, including a 7.3% increase in shipments for teens and growing patients. Invisalign-trained doctor…
• Revenue Performance and MixImportance 25 · Surprise 32
  Third-quarter 2026 revenue increased 1.9% year over year to $1,014.8 million, while revenue for the first nine months increased 4.1% to $3,111.0 million. Clear Aligner revenue rose 4.2% to $839.3 million in the quarter…
• FX / Currency ImpactImportance 20 · Surprise 24
  Align derives a material amount of revenue internationally, and many international operations are denominated in currencies other than the U.S. dollar. Foreign currency movements unfavorably affected revenue in the…

Revenue by Product (in thousands)

Revenue by Geography (in thousands)