The company maintained its full-year financial outlook and reported progress on its growth plan, despite a 13.2% sales decline in its orthodontic and implant segment.
Dentsply Sirona Inc announced its financial results for the second quarter of 2026, reporting net sales of $898 million and an adjusted earnings per share of $0.52.
“2026 continues to be a year of decisive action as we execute our Return-to-Growth Action Plan,” says Dan Scavilla, president and CEO of Dentsply Sirona, in a release. “We are making meaningful progress in our highest priority areas, including strengthening and expanding our distributor relationships, realigning our sales teams, and reinvesting in the business. Our second quarter results were in line with expectations and we continue to strengthen the financial foundation of the company.”
Q2 Financial Performance
The company’s reported net sales of $898 million represent a 4.1% decrease compared to the second quarter of 2025. Dentsply Sirona delivered a GAAP gross margin of 54.9% and an adjusted gross margin of 56.4%. GAAP diluted earnings per share was $0.18.
Within its specific business segments, the Orthodontic and Implant Solutions division reported net sales of $197 million for the quarter, a 13.2% decrease from the $226 million reported in the same period last year. The Essential Dental Solutions segment reported $376 million in net sales, while Connected Technology Solutions brought in $239 million.
The decline in Orthodontic and Implant Solutions was driven by performance in the Americas, where sales fell 27.1% as reported (down 27.6% in constant currency). In the Asia-Pacific (APAC) region, sales for the segment dropped 14.9% as reported (down 15.6% in constant currency). Conversely, the Europe, Middle East, and Africa (EMEA) region showed positive growth on a reported basis, with sales up 2.0%, though it declined 1.5% in constant currency.
Operational Updates and Outlook
During the second quarter, Dentsply Sirona expanded its partnership with Medline Sinclair to broaden access to its Connected Technology Solutions portfolio across Canada. Additionally, the company repurchased 1.3 million shares of its common stock for a total of approximately $12 million.
Operating cash flow for the quarter reached $99 million, up from $48 million in the second quarter of 2025. The company attributed this increase to the receipt of approximately $44 million in tariff refunds and improved management of inventory and accounts payable.
Looking ahead, Dentsply Sirona is maintaining its 2026 financial outlook. The company projects full-year net sales in the range of $3.5 billion to $3.6 billion and an adjusted EPS in the range of $1.40 to $1.50.
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