Align Technology, Inc. reported its financial results for the third quarter ended September 30, 2026, on October 28, 2026. The company reported total revenues of $1.015 billion for the quarter, which represents a 1.9% increase year-over-year but a 3.9% decrease from the previous quarter.
Clear Aligner revenues reached $839.3 million, up 4.2% year-over-year, while the volume of cases shipped increased 6.6% year-over-year to 690,635 units. Conversely, Imaging Systems and CAD/CAM Services revenues decreased 7.6% year-over-year to $175.5 million.
On a non-GAAP basis, the company reported a gross margin of 70.4% and an operating margin of 24.4%. Non-GAAP diluted net income per share was $2.80, compared to $2.61 in the prior year. GAAP diluted net income per share was $1.90.
Align Technology’s President and CEO Joe Hogan noted that Clear Aligner volumes reflected record doctor submitters and shipments, with orthodontist shipments in North America increasing year-over-year for the first time in six quarters. The company also highlighted that the number of iTero scanner units placed globally increased to more than 157,000.
Regarding capital allocation, the company repurchased approximately 627,300 shares of common stock during the quarter at an average price of $164.73 per share. As of September 30, 2026, $630 million remained available under the company's $1.0 billion stock repurchase program.
For the fourth quarter of 2026, the company expects worldwide revenues to be between $1.000 billion and $1.020 billion. For the full fiscal year 2026, Align Technology anticipates worldwide revenue to be approximately $4.110 billion to $4.130 billion.
