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Revenue | 3 Months Ended
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Apr. 03, 2026
Revenue from Contract with Customer [Abstract] |
Revenue | REVENUE The following table presents the Company’s revenues disaggregated by geographical region for the three months ended April 3, 2026 and March 28, 2025 ($ in millions). Sales taxes and other usage-based taxes collected from customers are excluded from revenues. The Company has historically defined emerging markets as developing markets of the world experiencing extended periods of accelerated growth in gross domestic product and infrastructure, including Eastern Europe, the Middle East, Africa, Latin America and Asia (with the exception of Japan and Australia). The Company defines developed markets as all markets of the world that are not emerging markets.
| Three Months Ended April 3, 2026 |  |
| Specialty Products & Technologies |  | Equipment & Consumables |  | Total |  |  |  |  |  |
Geographical region: |  |  |  |  |  |  |  |  |  |  |
North America | $ | 189.4 |  |  | $ | 174.8 |  |  | $ | 364.2 |  |  |  |  |  |  |
Western Europe | 154.3 |  |  | 30.5 |  |  | 184.8 |  |  |  |  |  |  |
Other developed markets | 23.1 |  |  | 8.4 |  |  | 31.5 |  |  |  |  |  |  |
Emerging markets | 91.0 |  |  | 34.0 |  |  | 125.0 |  |  |  |  |  |  |
Total | $ | 457.8 |  |  | $ | 247.7 |  |  | $ | 705.5 |  |  |  |  |  |  |
| Three Months Ended March 28, 2025 |  |
| Specialty Products & Technologies |  | Equipment & Consumables |  | Total |  |  |  |  |  |
Geographical region: |  |  |  |  |  |  |  |  |  |  |
North America | $ | 171.2 |  |  | $ | 153.2 |  |  | $ | 324.4 |  |  |  |  |  |  |
Western Europe | 118.0 |  |  | 25.3 |  |  | 143.3 |  |  |  |  |  |  |
Other developed markets | 21.9 |  |  | 8.5 |  |  | 30.4 |  |  |  |  |  |  |
Emerging markets | 89.2 |  |  | 29.6 |  |  | 118.8 |  |  |  |  |  |  |
Total | $ | 400.3 |  |  | $ | 216.6 |  |  | $ | 616.9 |  |  |  |  |  |  |
Remaining Performance Obligations ASC 606, Revenue from Contracts with Customers, requires disclosure of remaining performance obligations that represent the aggregate transaction price allocated to performance obligations with an original contract term greater than one year which are fully or partially unsatisfied at the end of the period. Remaining performance obligations include noncancelable purchase orders, unfulfilled obligations, extended warranty and service agreements and do not include revenue from contracts with customers with an original term of one year or less. With respect to certain clear aligner treatment plans, the Company enters into contracts that involve multiple future performance obligations which include optional additional aligners at no additional charge. The Company’s treatment plans are comprised of the following performance obligations: initial aligner shipment and the subsequent shipments of any optional refinement aligners. For such plans, the Company also considers usage rates, which is the number of times a customer is expected to order additional refinement aligners. As of April 3, 2026, the aggregate amount of the transaction price allocated to remaining performance obligations was $171.3 million, including $130.8 million related to clear aligner treatment plans. The Company expects to fulfill the majority of these performance obligations over the next 12 months. Contract Liabilities The Company often receives cash payments from customers in advance of the Company’s performance resulting in contract liabilities. These contract liabilities are classified as either current or long-term in the Condensed Consolidated Balance Sheets based on the timing of when the Company expects to recognize revenue. As of April 3, 2026 and December 31, 2025, the contract liabilities were $212.2 million and $207.2 million, respectively, and are included within accrued expenses and other liabilities and other long-term liabilities in the accompanying Condensed Consolidated Balance Sheets. Revenue recognized during the three months ended April 3, 2026 and March 28, 2025 that is included in the contract liability balance at December 31, 2025 and December 31, 2024 was $67.4 million and $44.7 million, respectively. Significant Customers Sales to the Company’s largest customer were 11% of total sales for the three months ended April 3, 2026 and 10% for the three months ended March 28, 2025.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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