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Other financials

Income statement

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Revenue$395.6M+7.1%
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

Calculated from Dolby Laboratories, Inc.’s reported figures.

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
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:
Research and development63,65161,707132,728128,345
Sales and marketing96,16389,629187,715184,028
General and administrative75,95570,415146,198140,507

ITEM 1. UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Dolby Laboratories, Inc.'s gross profit?
Dolby Laboratories, Inc. (DLB) reported gross profit of $350.9M in Q1 2026.
How has Dolby Laboratories, Inc.'s gross profit changed year-over-year?
Dolby Laboratories, Inc.'s gross profit increased by 5.1% year-over-year, from $333.72M to $350.9M.
What is the long-term trend for Dolby Laboratories, Inc.'s gross profit?
Over 4 years (2021 to 2025), Dolby Laboratories, Inc.'s gross profit has grown at a 0.8% compound annual growth rate (CAGR), from $1.15B to $1.19B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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