Align Technology posts Q3 beat but shares slide on weaker Q4 outlook
+2 new sources since this summary was written
Align Technology reported third‑quarter fiscal 2026 adjusted EPS of $2.80 and revenue of $1.02 billion, both topping analyst estimates. The company said operating margin improved to 24.4% and Clear Aligner revenue rose 4.2% YoY. However, its Q4 revenue guidance of $1.00‑$1.02 billion fell short of the $1.05 billion consensus, prompting a 5% after‑hours stock decline.
Why it matters
The lower‑than‑expected Q4 outlook caused the stock to drop about 5% after hours, reflecting investor concern over near‑term revenue momentum. The company also announced a share‑repurchase program of up to $300 million in the fourth quarter, which may support the share price.
Key facts
- 1Q3 2026 revenue was $1.02 billion, up 1.9% year‑over‑year. investing.com
- 2Adjusted non‑GAAP EPS was $2.80, beating the $2.78 consensus estimate. investing.com
- 3Adjusted operating margin was 24.4%, a 0.5‑percentage‑point improvement year‑over‑year. investing.com
- 4Clear Aligner revenue was $839.3 million, up 4.2% year‑over‑year, with volume of 690,600 cases, up 6.6% year‑over‑year. investing.com
- 5Q4 2026 revenue guidance is $1.00‑$1.02 billion, below the $1.05 billion analyst consensus. investing.com
- 6Fiscal 2026 revenue guidance is $4.11‑$4.13 billion, below the $4.15 billion consensus. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.