Align Technology beats Q1 revenue and profit estimates, maintains FY revenue growth forecast

Align Technology

29/04/2026 21:18

Overview

U.S. dental device maker's Q1 revenue rose 6% yr/yr, beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Company completed $200 mln share repurchase and reaffirmed 2026 guidance

Outlook

Align expects Q2 revenue between $1,040 mln and $1,060 mln, up 3% to 5% year-over-year

Company reaffirms 2026 revenue growth guidance of 3% to 4% year-over-year

Align expects ongoing Middle East conflict to impact clear aligner and scanner demand in Q2

Result Drivers

CLEAR ALIGNER VOLUME - Higher clear aligner shipments, with double-digit growth in EMEA, APAC, and LATAM, drove revenue growth; North America was stable

CUSTOMER SEGMENT GROWTH - Shipments to orthodontists and GP dentists rose, with growth across adult, teen, and kid patients

FOREIGN EXCHANGE IMPACT - Revenue benefited from favorable foreign exchange effects year-over-year, but margins were negatively affected

Company press release: ID:nBw23W76Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.04 bln
$1.02 bln (11 Analysts)
Q1 Adjusted EPS
Beat
$2.58
$2.28 (13 Analysts)
Q1 EPS
$1.57
Q1 Adjusted Net Income
Beat
$184.60 mln
$161.73 mln (10 Analysts)
Q1 Net Income
$112.80 mln
Q1 Adjusted Operating Margin
21.50%
Q1 Gross Profit
$736.59 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

Wall Street's median 12-month price target for Align Technology Inc is $209.00, about 17.9% above its April 28 closing price of $177.28

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)