Align Technology (ALGN) official guidance

•We expect 2026 Clear Aligner ASP to be slightly down from 2025.

We now expect 2026 clear aligner volume growth to be up approximately 6% year-over-year, and 2026 clear aligner ASP to be flat to slightly down from 2025.

We now expect 2026 Clear Aligner volume growth to be up approximately 6% year-over-year and 2026 Clear Aligner ASP to be flat to slightly down from 2025.

Yeah, Michael, the 1%-2% decrease on a year-over-year basis is our expectation. You are going to have that mix that we talk about, whether it is product or country mix, that plays out to each quarter and throughout the year.

So overall, your first question, John, yeah, expect ASPs to kind of model maybe 1%-2% down overall. So it's kind of in that range that you talked about on a year-over-year basis for 2026 for all the things that we talk about, country mix as well as product mix, kind of the non-comprehensive versus comprehensive.

•We expect Q4'26 Clear Aligner volume to be up low single-digits year-over-year and Q4'26 Clear Aligner ASP to be down approximately 1% year-over-year.

•We expect our investments in capital expenditures for fiscal 2026 to be $125M to $150M.

We expect our investments in capital expenditures for fiscal 2026 to be $125 million-$150 million.

We expect our investments in capital expenditures for fiscal 2026 to be $125 million to $150 million. Capital expenditures primarily relate to technology upgrades, additional manufacturing capacity as well as maintenance.

We expect our investments in capital expenditures for fiscal 2026 to be $125 million-$150 million.

We expect our investments in capital expenditures for fiscal 2026 to be $125 million to $150 million. Capital expenditures primarily relate to technology upgrades, additional manufacturing capacity as well as maintenance

We expect our investments in capital expenditures for fiscal 2026 to be $125 million-$150 million.

We expect our investments in capital expenditures for fiscal 2026 to be $125 million to $150 million. Capital expenditures primarily relate to technology upgrades, additional manufacturing capacity as well as maintenance

•We expect 2026 Clear Aligner volume and revenue growth to be up approximately 5% to 6% year-over-year

We now expect 2026 clear aligner volume growth to be up approximately 6% year-over-year, and 2026 clear aligner ASP to be flat to slightly down from 2025.

We now expect 2026 Clear Aligner volume growth to be up approximately 6% year-over-year and 2026 Clear Aligner ASP to be flat to slightly down from 2025.

We expect 2026 clear aligner volume growth to be up mid-single digits year-over-year.

We expect 2026 Clear Aligner volume growth to be up mid-single digits year-over-year

We expect 2026 clear aligner volume growth to be up mid-single digits year-over-year.

We expect 2026 Clear Aligner volume growth to be up mid-single digits year-over-year

•We expect Q4'26 Clear Aligner volume to be up low single-digits year-over-year and Q4'26 Clear Aligner ASP to be down approximately 1% year-over-year.

| Non-GAAP gross margin | Approximately 72.0% |

| GAAP operating margin | ~16.1%-16.2% |

We expect 2026 GAAP operating margin to be approximately 15.1%-15.6%, up year-over-year by approximately two points due to the incurrence of one-time charges expected to be approximately $90 million-$100 million, primarily related to restructuring and other charges, accelerated depreciation, legal settlements, partially offset by gain on assets held for sale.

We expect 2026 GAAP Operating Margin to be approximately 15.1% to 15.6%, up year-over-year by approximately 2 points, due to the incurrence of one-time charges expected to be approximately $90 to $110 million, primarily related to restructuring and other charges, accelerated depreciation, and legal settlements, partially offset by gain on assets held for sale. In Q2'26 we recorded $38 million for clear aligner UK VAT liability.

We expect 2026 GAAP operating margin to be slightly below 18% and approximately 400 basis point improvement over 2025, and non-GAAP operating margin to be approximately 23.7%, a 100 basis point improvement year-over-year, consistent with our previous guidance.

We expect 2026 GAAP operating margin to be slightly below 18.0%, an approximately 400 basis points improvement over 2025 and non-GAAP operating margin to be approximately 23.7%, a 100 basis points improvement year-over-year consistent with our previous guidance

We expect the 2026 GAAP operating margin to be slightly below 18%, approximately 400 basis points improvement over 2025, and non-GAAP operating margin to be approximately 23.7%, 100 basis point improvement year-over-year as communicated during our Q3 earnings call.

We expect the 2026 GAAP operating margin to be slightly below 18.0%, approximately 400 basis points improvement over 2025 and non-GAAP operating margin to be approximately 23.7%, 100 basis points improvement year-over-year as communicated during our third quarter earnings call

| GAAP operating margin | ~19.6%-20.0% |

| Non-GAAP operating margin | ~23.7% |

We expect 2026 non-GAAP operating margin to be approximately 23%, a 100 basis point improvement year-over-year consistent with our previous guidance.

We expect 2026 non-GAAP Operating Margin to be approximately 23.7%, a 100-basis point improvement year-over-year consistent with our previous guidance.

We expect 2026 GAAP operating margin to be slightly below 18% and approximately 400 basis point improvement over 2025, and non-GAAP operating margin to be approximately 23.7%, a 100 basis point improvement year-over-year, consistent with our previous guidance.

We expect 2026 GAAP operating margin to be slightly below 18.0%, an approximately 400 basis points improvement over 2025 and non-GAAP operating margin to be approximately 23.7%, a 100 basis points improvement year-over-year consistent with our previous guidance

We expect the 2026 GAAP operating margin to be slightly below 18%, approximately 400 basis points improvement over 2025, and non-GAAP operating margin to be approximately 23.7%, 100 basis point improvement year-over-year as communicated during our Q3 earnings call.

We expect the 2026 GAAP operating margin to be slightly below 18.0%, approximately 400 basis points improvement over 2025 and non-GAAP operating margin to be approximately 23.7%, 100 basis points improvement year-over-year as communicated during our third quarter earnings call

| Non-GAAP operating margin | Approximately 26.0% |

For fiscal 2027, we currently expect GAAP and non-GAAP operating margin to increase at least approximately 100 basis points year-over-year.

For fiscal 2027, we currently expect GAAP and non-GAAP operating margins to increase at least approximately 100 basis points year-over-year.

•We expect 2026 Systems & Services revenue to be $715M to $725M.

•We expect Q4'26 Systems & Services revenue to be in the range of $170M to $180M.

•We expect 2026 worldwide revenue to be approximately in the range of $4,110M to $4,130M.

•We expect Q4’26 worldwide revenues to be in the range of $1,000M to $1,020M.

•We expect 2026 Clear Aligner volume and revenue growth to be up approximately 5% to 6% year-over-year