Align Technology has reported robust Q1 2026 earnings, posting a revenue of $1.04 billion and a net income of $112.8 million, driven by a 6.2% rise in annual revenue and a 21.1% increase in non-GAAP EPS. Despite these positive financial indicators, the company's stock has struggled, underperforming against competitors several times recently, closing at $164.61 on May 11, 2026, down 2.47% from previous sessions. In response to stock performance concerns, Align has initiated a $200 million share repurchase plan to enhance shareholder value.