Form 10-Q · Quarterly report
Align Technology 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0001097149
- Accession no.
- 0001097149-26-000060
Summary
Align Technology reported second-quarter 2026 revenue of $1,056 million, up 4.3% year over year, net income of $108 million and diluted earnings per share of $1.51, and said it plans to invest about $200 million in a new manufacturing facility in Hyderabad, India — its first in the country — expected to begin operations in 2027. Align also recorded an estimated $37.5 million liability after the United Kingdom's Upper Tribunal (Tax and Chancery Chamber) ruled on July 7, 2026 that clear aligners are not dental prostheses and are subject to standard-rate VAT, reversing an April 24, 2025 First-tier Tribunal decision, a matter Align said it intends to appeal.
Key points
- Second-quarter clear aligner revenue rose 8.2% year over year to $871 million, while imaging systems and CAD/CAM services revenue fell 10.8% to $185 million.
- Align's 2025 restructuring plan is complete, with about $40.2 million in charges incurred and headcount down 4.9% year over year to 20,435 employees as of June 30, 2026.
- Align reported cash and cash equivalents of $1,103 million, cash provided by operating activities of $193 million and capital expenditures of $36 million for the quarter.
- About 23 million people worldwide have been treated with the Invisalign system as of June 30, 2026, and Invisalign doctor submitters rose 3.4% year over year to 89.2 thousand.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Recent Developments New Manufacturing Facility: During the second quarter, we announced plans to expand our global manufacturing network with a new facility in Hyderabad, India, which is expected to commence operations in 2027 and will represent our first manufacturing facility in India. We expect to invest approximately $200 million over the next several years in connection with the project, including both capital expenditures and operating costs. …
An excerpt of the text as filed with the SEC, cut for length.
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