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Dolby Laboratories, Inc. DLB Licensing — Cost of revenue

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Products and services
$20.69M+28.1%

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Other financials

Income statement

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Revenue$395.6M+7.1%
Gross profit$350.9M+5.1%
Operating income$112.9M+4.8%
Net income$94.9M+3.4%
EPS (diluted)$0.99+5.3%

Balance sheet

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Cash & equivalents$673.8M-10.2%
Total debt$49.7M+22.9%
Total equity$2.6B+1.7%
Total assets$3.2B+0.6%

Cash flow

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Operating cash flow$92.5M-47.1%
CapEx$9.1M+31.4%
Free cash flow$83.4M-50.3%

Valuation

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Market cap$5.71B-17.7%
Enterprise value$5.08B-18.2%
P/E23.4×-2.8×
P/S4.2×-1.0×

Profitability

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Gross margin87.4%-1.5pp
Operating margin18.5%-2.0pp
Net margin17.9%-1.6pp
FCF margin22.1%-7.5pp

Returns & leverage

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Return on equity9.4%-0.9pp
Debt / equity0.0×
Current ratio-0.1×

Where this comes from

Reported directly by Dolby Laboratories, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Dolby Laboratories, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:45 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001308547-26-000010
Line itemFiscal Quarter Ended / March 27,2026Fiscal Quarter Ended / March 28,2025Fiscal Year-To-Date Ended / March 27,2026Fiscal Year-To-Date Ended / March 28,2025
Products and services23,38523,55550,32050,075
Total revenue395,630369,561742,336726,560
Cost of revenue:
Cost of licensing24,04319,68544,80540,795
Cost of products and services20,68816,15243,13435,816
Total cost of revenue44,73135,83787,93976,611
Gross profit350,899333,724654,397649,949
Operating expenses:

ITEM 1. UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Dolby Laboratories, Inc.'s licensing — cost of revenue?
Dolby Laboratories, Inc. (DLB) reported licensing — cost of revenue of $24.04M in Q1 2026.
How has Dolby Laboratories, Inc.'s licensing — cost of revenue changed year-over-year?
Dolby Laboratories, Inc.'s licensing — cost of revenue increased by 22.1% year-over-year, from $19.69M to $24.04M.
What is the long-term trend for Dolby Laboratories, Inc.'s licensing — cost of revenue?
Over 4 years (2021 to 2025), Dolby Laboratories, Inc.'s licensing — cost of revenue has grown at a 10.8% compound annual growth rate (CAGR), from $55.42M to $83.62M.
What does licensing — cost of revenue mean?
This metric captures the direct costs incurred to support, maintain, and deliver licensed technology to customers. It includes expenses such as technical support, royalty administration, and compliance monitoring required to sustain the licensing revenue stream.

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