Form 8-K · Current report

Align Technology 8-K, filed Jul 29, 2026

Filed
CIK
0001097149
Accession no.
0001097149-26-000054
AI-generated summary

Summary

Align Technology reported second-quarter 2026 revenues of $1.06 billion, up 4.3% year-over-year, with record clear aligner shipments of 691.8 thousand cases, up 7.4%, while Imaging Systems and CAD/CAM Services revenues fell 10.8% to $185.3 million on soft capital-equipment demand and a shift toward lower-priced scanners and lease/rental models. CEO Joe Hogan said revenues and clear aligner volumes were in line with the company's outlook and that non-GAAP operating margin of 22.9% exceeded expectations; CFO John Morici said second-quarter operating income included an estimated $37.5 million liability, including interest, related to UK VAT.

Key points

  • Q2'26 total revenues were $1,056.2 million, up 1.5% sequentially and up 4.3% year-over-year; Clear Aligner revenues were $870.9 million, up 8.2% year-over-year.
  • Q2'26 GAAP net income was $108.3 million, or $1.51 per diluted share, and non-GAAP net income was $189.1 million, or $2.64 per diluted share.
  • Q2'26 GAAP operating margin was 14.6% and non-GAAP operating margin was 22.9%; operating income included an estimated $37.5 million UK VAT liability including interest.
  • Align repurchased approximately 0.4 million shares for about $67.0 million at an average price of $169.45, and held $1,102.6 million in cash and cash equivalents as of June 30, 2026.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02 Results of Operations and Financial Condition. On July 29, 2026, Align Technology, Inc. issued a press release and will hold a conference call regarding its financial results for its second quarter ended June 30, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. This information is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. …

An excerpt of the text as filed with the SEC, cut for length.

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