Wrapping up Q1 earnings, we look at the numbers and key takeaways for the dental equipment & technology stocks, including Henry Schein (NASDAQ: HSIC) and its peers.

The dental equipment and technology industry encompasses companies that manufacture orthodontic products, dental implants, imaging systems, and digital tools for dental professionals. These companies benefit from recurring revenue streams tied to consumables, ongoing maintenance, and growing demand for aesthetic and restorative dentistry. However, high R&D costs, significant capital investment requirements, and reliance on discretionary spending make them vulnerable to economic cycles. Over the next few years, tailwinds for the sector include innovation in digital workflows, such as 3D printing and AI-driven diagnostics, which enhance the efficiency and precision of dental care. However, headwinds include economic uncertainty, which could reduce patient spending on elective procedures, regulatory challenges, and potential pricing pressures from consolidated dental service organizations (DSOs).

The 4 dental equipment & technology stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3% while next quarter’s revenue guidance was in line.

Thankfully, share prices of the companies have been resilient as they are up 7.2% on average since the latest earnings results.

Weakest Q1: Henry Schein (NASDAQ: HSIC)

With a vast inventory of over 300,000 products stocked in distribution centers spanning more than 5.3 million square feet worldwide, Henry Schein (NASDAQ: HSIC) is a global distributor of healthcare products and services primarily to dental practices, medical offices, and other healthcare facilities.

Henry Schein reported revenues of $3.37 billion, up 6.3% year on year. This print exceeded analysts’ expectations by 0.8%. Despite the top-line beat, it was still a mixed quarter for the company with a beat of analysts’ EPS estimates but full-year EPS guidance in line with analysts’ estimates.

“I am pleased with our strong first quarter results that reflect continuing momentum from the second half of last year as we grow market share and expand gross margins," said Fred Lowery, Chief Executive Officer of Henry Schein.

Henry Schein delivered the weakest performance against analyst estimates of the whole group. Interestingly, the stock is up 18.7% since reporting and currently trades at $85.47.

Is now the time to buy Henry Schein? Access our full analysis of the earnings results here, it’s free.

Best Q1: Envista (NYSE: NVST)

Uniting more than 30 trusted brands including Nobel Biocare, Ormco, and DEXIS under one corporate umbrella, Envista Holdings (NYSE: NVST) is a global dental products company that provides equipment, consumables, and specialized technologies for dental professionals.

Envista reported revenues of $705.5 million, up 14.4% year on year, outperforming analysts’ expectations by 4.5%. The business had a strong quarter with a beat of analysts’ EPS estimates.

Envista pulled off the fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 2.7% since reporting. It currently trades at $26.33.

Is now the time to buy Envista? Access our full analysis of the earnings results here, it’s free.

Dentsply Sirona (NASDAQ: XRAY)

With roots dating back to 1877 when it introduced the first dental electric drill, Dentsply Sirona (NASDAQ: XRAY) manufactures and sells professional dental equipment, technologies, and consumable products used by dentists and specialists worldwide.

Dentsply Sirona reported revenues of $880 million, flat year on year, exceeding analysts’ expectations by 4.8%. It was a satisfactory quarter as it also posted a decent beat of analysts’ full-year EPS guidance estimates but EPS in line with analysts’ estimates.

Dentsply Sirona delivered the biggest analyst estimate beat but had the slowest revenue growth in the group. Interestingly, the stock is up 19.3% since the results and currently trades at $13.57.

Read our full analysis of Dentsply Sirona’s results here.

Align Technology (NASDAQ: ALGN)

Pioneering an alternative to traditional metal braces with nearly invisible plastic aligners, Align Technology (NASDAQ: ALGN) designs and manufactures Invisalign clear aligners, iTero intraoral scanners, and dental CAD/CAM software for orthodontic and restorative treatments.

Align Technology reported revenues of $1.04 billion, up 6.2% year on year. This number topped analysts’ expectations by 1.8%. Overall, it was a strong quarter as it also produced a beat of analysts’ EPS estimates.

The stock is down 6.4% since reporting and currently trades at $167.02.

Read our full, actionable report on Align Technology here, it’s free.

Market Update

Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.

Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.

By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.