Align Technology Q3 FY2026: revenue up 1.9%, Q4 guide points lower
Align Technology's Q3 FY2026 was a steady quarter rather than a strong one: revenue rose 1.9% to $1.01 billion, non-GAAP EPS of $2.80 came in just under the $2.83 consensus, and the Q4 revenue midpoint of $1.01 billion sits below last year's December quarter. Read the scorecard for the growth split, then guidance for the slowdown and the balance sheet for the cushion.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $1.90 more than doubled from $0.78, helped by a 20.6% effective tax rate versus 40.1% a year ago and by prior-year restructuring, impairment and inventory charges in the base. Non-GAAP EPS was $2.80 against a $2.83 consensus, a small miss. Currency alone cost roughly $0.24 per share year-over-year.
Revenue of $1.01 billion rose 1.9% year-over-year and landed $4.8 million above the $1.01 billion midpoint of prior guidance. Clear Aligners did all the work, up 4.2% to $839.3 million on 690,635 cases, while Systems and Services fell 7.6% to $175.5 million. Sequentially, total revenue slipped 3.9%.
Management guides Q4 to $1,000–$1,020 million, a $1.01 billion midpoint that is about 3.6% below the $1.05 billion of the quarter ended December 31, 2025. It also guides Q4 GAAP gross margin to approximately 71.0% and GAAP operating margin to about 20.0%, both well above Q3's 68.7% and 16.7%. Full-year revenue is pegged at $4.11–4.13 billion with non-GAAP operating margin of about 23.7%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
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