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Align Technology ALGN Systems and Services — Stock-Based Comp

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Other financials

Income statement

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Revenue$1.1B+4.3%
Gross profit$757.4M+7.0%
Operating income$154.0M-5.5%
Net income$108.3M-13.1%
EPS (diluted)$1.51-12.2%

Balance sheet

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Cash & equivalents$1.1B+22.3%
Total debt$120.8M-1.8%
Total equity$4.2B+8.2%
Total assets$6.4B+3.2%

Cash flow

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Operating cash flow$192.8M+49.8%
CapEx$35.7M+66.0%
Free cash flow$157.1M+46.6%

Valuation

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Market cap$12.52B+26.2%
Enterprise value$11.54B+26.2%
P/E30.3×+7.6×
P/S+0.5×

Profitability

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Gross margin68%-1.7pp
Operating margin13.2%-1.9pp
Net margin10%-1.0pp
FCF margin15.3%-0.6pp

Returns & leverage

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Return on equity10.2%-1.3pp
Debt / equity0.0×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by Align Technology in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: Align Technology’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001097149-26-000060
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Stock-based compensation
Clear Aligner$6,387$6,065$12,336$11,883
Systems and Services406403783806
Unallocated corporate expenses38,76741,74073,36580,516
Total stock-based compensation$45,560$48,208$86,484$93,205
Depreciation and amortization
Clear Aligner1$21,782$19,495$59,420$38,399
Systems and Services10,5729,30221,10617,771

Item 1. Financial Statements (Unaudited):

FAQ

What is Align Technology's systems and services — stock-based comp?
Align Technology (ALGN) reported systems and services — stock-based comp of $406K in Q2 2026.
How has Align Technology's systems and services — stock-based comp changed year-over-year?
Align Technology's systems and services — stock-based comp increased by 0.7% year-over-year, from $403K to $406K.
What is the long-term trend for Align Technology's systems and services — stock-based comp?
Over 4 years (2021 to 2025), Align Technology's systems and services — stock-based comp has grown at a 21.3% compound annual growth rate (CAGR), from $705K to $1.53M.
What does systems and services — stock-based comp mean?
The non-cash expense recognized for equity-based awards granted to employees within the Systems and Services segment. This reflects the cost of talent retention and alignment of employee incentives with shareholder interests.

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