Align earnings: date, guidance and what to watch
MyStockButler's November 2026 analysis: Align expects to report its next results on February 3, 2027. Watch whether the revenue plan works without stronger consumer spending.
What has Align guided for 2026?
Management guides Q4 2026 revenue to $1.0 billion–$1.02 billion. It guides full-year 2026 revenue to $4.11 billion–$4.13 billion and expects 5%–6% Clear Aligner volume and revenue growth. It targets a 16.2% GAAP operating margin and promises at least 100 basis points of adjusted-margin improvement in 2027.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| 2026 worldwide revenue | Year to Dec 2026 | 4,110 | 4,130 | Oct 28, 2026 |
| 2026 Clear Aligner volume growth | Year to Dec 2026 | 5.0% | 6.0% | Oct 28, 2026 |
| 2026 Clear Aligner revenue growth | Year to Dec 2026 | 5.0% | 6.0% | Oct 28, 2026 |
| 2026 GAAP Operating Margin | Year to Dec 2026 | 16.2% | 16.2% | Oct 28, 2026 |
| 2026 non-GAAP Operating Margin | Year to Dec 2026 | 23.7% | 23.7% | Oct 28, 2026 |
| 2026 common stock repurchases | Year to Dec 2026 | 500 | 500 | Oct 28, 2026 |
What this means. The company shows both results under generally accepted accounting principles and adjusted results that leave out certain costs, so the adjusted profit margin is higher.
Has Align kept its past promises?
Align also missed its earlier promises. For 2025, it guided to 3.5%–5.5% revenue growth and roughly a 17% operating margin, but delivered 0.9% growth and a 13.5% margin. Its October 2026 outlook was a 16.2% margin, below the 17.5%–19.5% range it had presented for 2026–2028.
| What management forecast | Checked | Above | Within | Below |
|---|---|---|---|---|
| Worldwide revenues | 8 quarters | 3 | 4 | 1 |
| Systems and Services revenues | 8 quarters | 0 | 8 | 0 |
| GAAP operating margin | 5 quarters | 3 | 0 | 2 |
What has Align’s revenue and profit trend been?
Revenue rose 1.9% year over year in the September 2026 quarter. Clear Aligner shipments rose 6.6%, while Systems and Services revenue fell 7.6%. Case growth therefore remained stronger than the growth of the overall business.
Net income rose to $135.044 million, helped by both operating improvement and a lower tax rate. Quarterly free cash flow, however, fell to $137.917 million from $168.959 million a year earlier. A lasting turn would require case growth, healthier revenue per case and steadier cash conversion.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,014,763 | 1,056,192 | 1,040,087 | 1,047,561 | 995,692 | 1,012,449 | 979,262 | 995,219 |
| Gross margin | 68.7% | 71.7% | 70.8% | 65.3% | 64.2% | 69.9% | 69.5% | 70.0% |
| Operating margin | 16.7% | 14.6% | 13.6% | 14.8% | 9.7% | 16.1% | 13.4% | 14.5% |
| EPS, diluted | 1.90 | 1.51 | 1.57 | 1.89 | 0.78 | 1.72 | 1.27 | 1.39 |
| Free cash flow | 137,917 | 157,092 | 120,257 | 187,261 | 168,959 | 107,171 | 27,387 | 263,117 |
What this means. The company's own free cash flow may differ slightly from ours because it rounds figures to millions while ours uses detailed statements.
What should I watch in Align’s next results?
On February 3, 2027, Align expects to report fourth-quarter 2026 results and give its full 2027 outlook. The key questions are which savings are concrete, which investments remain protected and whether the revenue plan works without stronger consumer spending.