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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:InventoryNet.

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 itemMarch 27,2026September 26,2025
Short-term investments460703
Accounts receivable, net of allowance for credit losses of $10,140 and $7,221391,293331,096
Contract assets, net of allowance for credit losses of $83 and $101238,924180,804
Inventories, net31,92930,424
Prepaid expenses and other current assets78,29851,873
Total current assets1,414,7091,388,261
Long-term investments81,22080,205
Property, plant, and equipment, net461,841470,608

ITEM 1. UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Dolby Laboratories, Inc.'s inventories?
Dolby Laboratories, Inc. (DLB) reported inventories of $31.93M in Q1 2026.
How has Dolby Laboratories, Inc.'s inventories changed year-over-year?
Dolby Laboratories, Inc.'s inventories decreased by 7.7% year-over-year, from $34.59M to $31.93M.
What is the long-term trend for Dolby Laboratories, Inc.'s inventories?
Over 4 years (2021 to 2025), Dolby Laboratories, Inc.'s inventories has grown at a 29.1% compound annual growth rate (CAGR), from $10.97M to $30.42M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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