ALGN
Align TechnologyPrevious close
149.89
Change
−3.82 / −2.49%
Market Cap
$10.5B
1M
+3.12%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.1M / 1.1M
1.05× average
Latest earnings analysisFY2026 Q2Reported 2026-07-29
Align Technology Q2'26: revenue up 4.3%, Q3 guidance steps down
Align Technology is a Neutral this quarter: revenue of $1.06 billion rose 4.3% year-over-year and gross margin reached 71.7%, but GAAP EPS of $1.51 fell from $1.72 on a UK VAT charge and other items. Non-GAAP EPS of $2.64 came in just below the $2.66 consensus, and the Q3 revenue guide sits under the quarter just reported. Clear aligners are growing; scanner sales are not.
Read the full analysis →Revenue$1.06BYoY +4.30%
EPS (non-GAAP)$2.64Missest. $2.66
Next-quarter revenue guidance$1.01B ±1%YoY −4.40%
Next-day move−3.70%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-29 | $1.1B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-29 | $1.0B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-04 | $4.0B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $996M | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-30 | $1.0B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $979M | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 11 of its 5-year rangeCheap
5-year range 22.9 – 68.8 · Median 34.7
Last 4 quarters: $267M in buybacks + $0 in dividends, 2.53% of market cap combined
P/E (TTM)
25.6
P/B
2.5
P/S
2.6
PEG
1.36
Earnings Reaction
Over the last 6 reports, the stock moved ±9.6% on average on the first trading day after, rising 3 times
Most recent −3.70%
Guidance Credibility
Of the last 4 next-quarter revenue guides, 3 were met; actual results averaged 0.1% above guidance
Volatility & Correlation
1-year beta 1.29 · Correlation with S&P 500 0.42Tracks the market
Annualized volatility 39% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 1.06 | +4.3% | 71.7% | 0.11 | 1.51 |
| FY2026 Q1 | 1.04 | +6.2% | 70.8% | 0.11 | 1.57 |
| FY2025 Q4 | 1.05 | +5.3% | 65.3% | 0.14 | 1.88 |
| FY2025 Q3 | 1.00 | +1.8% | 64.2% | 0.06 | 0.78 |
| FY2025 Q2 | 1.01 | −1.6% | 69.9% | 0.12 | 1.72 |
| FY2025 Q1 | 0.98 | −1.8% | 69.5% | 0.09 | 1.27 |
| FY2024 Q4 | 1.00 | +4.0% | 70.0% | 0.10 | 1.40 |
| FY2024 Q3 | 0.98 | +1.8% | 69.7% | 0.12 | 1.55 |
| FY2024 Q2 | 1.03 | +2.6% | 70.3% | 0.10 | 1.28 |
| FY2024 Q1 | 1.00 | +5.8% | 70.0% | 0.11 | 1.39 |
| FY2023 Q4 | 0.96 | +6.1% | 70.0% | 0.12 | 1.63 |
| FY2023 Q3 | 0.96 | +7.8% | 69.1% | 0.12 | 1.58 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| ALGN | 25.6 | +4.3% | 71.7% | +3.12% | Neutral |
| LLY | 50.2 | +38.6% | 83.9% | +22.51% | Bullish |
| JNJ | 41.3 | +5.9% | 68.1% | +3.20% | Bullish |
| ABBV | 81.4 | +10.2% | 74.7% | +12.73% | Bullish |
| UNH | 23.0 | +0.4% | 88.1% | +10.87% | Bullish |
| MRK | 117.2 | +5.1% | 73.5% | +2.90% | Neutral |
| TMO | 36.4 | +9.1% | — | +3.25% | Neutral |
| AMGN | 28.5 | +9.5% | 72.0% | +10.56% | Bullish |
| GILD | — | +6.8% | 81.1% | +14.51% | Neutral |