Align Technology (ALGN) reported third-quarter 2026 GAAP revenue of $1.015 billion, up 1.9% from a year earlier, while net income rose to $135.0 million from $56.8 million. GAAP diluted earnings per share were $1.90, compared with $0.78 in the prior-year quarter.
Clear Aligner revenue increased 4.2% year over year to $839.3 million, while Imaging Systems and CAD/CAM Services revenue declined 7.6% to $175.5 million. The company forecast fourth-quarter revenue of $1.00 billion to $1.02 billion.
- Clear Aligner shipments totaled 690,635, up 6.6% year over year.
- GAAP gross margin was 68.7%, and GAAP operating margin was 16.7%.
- Cash and cash equivalents were approximately $1.145 billion as of September 30, 2026.
- Align repurchased approximately 627,300 shares during the quarter at an average price of $164.73 per share.
- The company expects to repurchase up to $300 million of common stock in the fourth quarter.
$ALGN Hedge Fund Activity
We have seen 266 institutional investors add shares of $ALGN stock to their portfolio, and 362 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GOLDMAN SACHS GROUP INC added 1,576,509 shares (+87.8%) to their portfolio in Q2 2026, for an estimated $265,894,007
- FMR LLC added 1,359,673 shares (+50.4%) to their portfolio in Q2 2026, for an estimated $229,322,448
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,197,353 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $201,945,556
- JPMORGAN CHASE & CO added 773,182 shares (+inf%) to their portfolio in Q2 2026, for an estimated $130,404,876
- UBS GROUP AG added 720,131 shares (+51.2%) to their portfolio in Q2 2026, for an estimated $121,457,294
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 668,129 shares (+inf%) to their portfolio in Q2 2026, for an estimated $112,686,637
- SWEDBANK AB removed 658,200 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $95,669,370
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
