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Dolby Laboratories, Inc. DLB Unrecognized Tax Benefits

Unrecognized Tax Benefits at other companies

Cirrus Logic logo
Cirrus LogicCRUS
$32.1M0.0%
RDI
Reading InternationalRDIB

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:UnrecognizedTaxBenefits.

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

As of March 27, 2026, the total amount of gross unrecognized tax benefits was $89.9 million, of which $29.3 million, if recognized, would reduce our effective tax rate. As of September 26, 2025, the total amount of gross unrecognized tax benefits was $83.7 million, of which $28.1 million, if recognized, would reduce our effective tax rate. The fiscal year-to-date period ended March 27, 2026 increase was primarily due to current year reserves for transfer pricing and interest accruals. Our liability for unrecognized tax benefits is classified within other non-current liabilities in our unaudited interim condensed consolidated balance sheets.

ITEM 1. UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Dolby Laboratories, Inc.'s unrecognized tax benefits?
Dolby Laboratories, Inc. (DLB) reported unrecognized tax benefits of $89.9M in Q1 2026.
How has Dolby Laboratories, Inc.'s unrecognized tax benefits changed year-over-year?
Dolby Laboratories, Inc.'s unrecognized tax benefits increased by 2.0% year-over-year, from $88.1M to $89.9M.
What is the long-term trend for Dolby Laboratories, Inc.'s unrecognized tax benefits?
Over 4 years (2021 to 2025), Dolby Laboratories, Inc.'s unrecognized tax benefits has grown at a 6.1% compound annual growth rate (CAGR), from $66.1M to $83.7M.
What does unrecognized tax benefits mean?
This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.

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