Quarterly ResultMay 6, 2026, 04:47 PM
Align Technology Q1 Net Revenues $1.04B, Net Income $112.8M
AI Summary
Align Technology reported strong financial results for the first quarter of 2026, with net revenues increasing to $1.04 billion and net income rising to $112.8 million, or $1.57 diluted EPS. The company also saw a significant increase in net cash provided by operating activities, reaching $151.0 million. However, legal settlements accrued during the quarter were substantially higher at $30.6 million. Additionally, Align Technology made an acquisition adding $18.6 million in goodwill and an additional $50.0 million investment in Heartland Dental Holding Corporation.
Key Highlights
- Net revenues reached $1,040.1 million in Q1 2026, up from $979.3 million in Q1 2025.
- Net income increased to $112.8 million in Q1 2026, compared to $93.2 million in Q1 2025.
- Diluted EPS was $1.57 in Q1 2026, an increase from $1.27 in Q1 2025.
- Accrued $30.6 million for legal settlements in Q1 2026, up from $4.2 million in Q1 2025.
- Net cash provided by operating activities rose to $151.0 million in Q1 2026.
- Added $18.6 million in goodwill to the Systems and Services segment from an acquisition.
- Invested an additional $50.0 million in Heartland Dental Holding Corporation.
- Common stock repurchases totaled $31.2 million in Q1 2026, down from $201.1 million in Q1 2025.