Equity Profile

ALGN

Align Technology, Inc.

Health CareHealth Care Supplies$12.9B

Jul29Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Align Technology, Inc. (ALGN) is a leader in the healthcare supplies sector, known for its innovative orthodontic products, particularly clear aligners....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Align is managing costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and attract new customers, which is crucial for future success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

ALGN Q2-2026 Earnings Preview

Context

Company Snapshot

Align Technology, Inc. (ALGN) is a leader in the healthcare supplies sector, known for its innovative orthodontic products, particularly clear aligners. As consumer preferences shift towards less visible dental solutions, Align's growth potential remains significant in a market increasingly focused on aesthetics and convenience.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+31.86%

Avg Stock Reaction

-0.53%

Last Quarter Recap

In Q1-2026, Align Technology reported an impressive EPS of $2.58, significantly beating expectations by 48.45%. The stock reacted positively, gaining 0.63% the following day.

Management Promises & Guidance

Focus on expanding product offerings in the clear aligner market.
Commitment to enhancing customer experience through technology.
Plans to increase market penetration in international markets.

Expectations

Wall Street Expectations

Overall, expectations are high for Align Technology as it has consistently beaten EPS estimates in recent quarters. Investors are looking for continued strong performance and guidance on future growth.

Bull Case

If Align can maintain its momentum and report strong revenue growth alongside its EPS beat, it could signal robust demand for its products and a solid market position.

Bear Case

Conversely, if the company fails to meet revenue expectations or provides cautious guidance, it may raise concerns about future growth and market competition.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected revenue growth for the clear aligner segment this quarter?

Revenue growth in this key segment will indicate Align's ability to capture market demand and maintain its competitive edge.

Will management provide guidance on international market expansion?

Insights into international growth strategies will be crucial for understanding Align's long-term growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Align's potential for international growth, given its recent focus on expanding into new markets.

Supporting Evidence

Align's consistent EPS beats suggest stronger operational performance than anticipated.

The options market is pricing in a significant move, indicating heightened expectations that may not align with historical performance.

Recent market trends show increasing consumer interest in clear aligners, which Align is well-positioned to capitalize on.

Key Risk

If Align's international revenue exceeds expectations, it could significantly alter the growth narrative.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Align's ability to sustain growth in a competitive market and manage costs effectively.

Bull Confirmed If

Revenue growth of at least 15% year-over-year would confirm the bull case and indicate strong market demand.

Bear Confirmed If

Any revenue growth below 5% could signal weakening demand and confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±8.3%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a significant move of about 8.3%, indicating that traders expect volatility around the earnings report.

Options are pricing ±8.3% while ALGN has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

39.2%

Calls (41K)P/C Ratio: 2.24Puts (86K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Health Care

n=30

Fade rate: 13 of 29 (45%)

This setup has occurred 30 times across Health Care in the last 2 years. 13 of 29 faded and 16 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 5.5%, with a raw directional average of +2.9% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Align beats expectations and raises guidance, history suggests the stock could rise by around 1.55% on the first day post-earnings.

In-Line / Cautious

If results are in line but management is cautious, the stock may see minimal movement as investors digest the commentary.

Miss

A miss on earnings could lead to a decline, with historical patterns suggesting a drop of around 0.53%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches in the clear aligner segment.
2Details on customer acquisition strategies and market penetration efforts.
3Insights into cost management and margin improvements.
4Comments on competitive pressures and how Align plans to address them.
5Guidance on future revenue expectations and market conditions.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Align Technology, Inc. (ALGN) is a leader in the healthcare supplies sector, known for its innovative orthodontic products, particularly clear aligners....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Align is managing costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and attract new customers, which is crucial for future success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

ALGN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+31.86%

Avg Stock Reaction

-0.53%

Last Quarter Recap

In Q1-2026, Align Technology reported an impressive EPS of $2.58, significantly beating expectations by 48.45%. The stock reacted positively, gaining 0.63% the following day.

Management Promises & Guidance

Focus on expanding product offerings in the clear aligner market.
Commitment to enhancing customer experience through technology.
Plans to increase market penetration in international markets.

Expectations

Wall Street Expectations

Bull Case

If Align can maintain its momentum and report strong revenue growth alongside its EPS beat, it could signal robust demand for its products and a solid market position.

Bear Case

Conversely, if the company fails to meet revenue expectations or provides cautious guidance, it may raise concerns about future growth and market competition.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected revenue growth for the clear aligner segment this quarter?

Revenue growth in this key segment will indicate Align's ability to capture market demand and maintain its competitive edge.

Will management provide guidance on international market expansion?

Insights into international growth strategies will be crucial for understanding Align's long-term growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Align's potential for international growth, given its recent focus on expanding into new markets.

Supporting Evidence

Align's consistent EPS beats suggest stronger operational performance than anticipated.

The options market is pricing in a significant move, indicating heightened expectations that may not align with historical performance.

Recent market trends show increasing consumer interest in clear aligners, which Align is well-positioned to capitalize on.

Key Risk

If Align's international revenue exceeds expectations, it could significantly alter the growth narrative.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Align's ability to sustain growth in a competitive market and manage costs effectively.

Bull Confirmed If

Revenue growth of at least 15% year-over-year would confirm the bull case and indicate strong market demand.

Bear Confirmed If

Any revenue growth below 5% could signal weakening demand and confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±8.3%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a significant move of about 8.3%, indicating that traders expect volatility around the earnings report.

Options are pricing ±8.3% while ALGN has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

39.2%

Calls (41K)P/C Ratio: 2.24Puts (86K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Health Care

n=30

Fade rate: 13 of 29 (45%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Align beats expectations and raises guidance, history suggests the stock could rise by around 1.55% on the first day post-earnings.

In-Line / Cautious

If results are in line but management is cautious, the stock may see minimal movement as investors digest the commentary.

Miss

A miss on earnings could lead to a decline, with historical patterns suggesting a drop of around 0.53%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches in the clear aligner segment.
2Details on customer acquisition strategies and market penetration efforts.
3Insights into cost management and margin improvements.
4Comments on competitive pressures and how Align plans to address them.
5Guidance on future revenue expectations and market conditions.