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Dolby Laboratories, Inc.

CIK: 1308547 SIC: 6794
$1.34B
Revenue
$240.52M
Net Income
87.86%
Gross Margin
18.47%
Op. Margin
$754.02M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 26, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
+ Total Revenue $1.34B $1.35B $1.27B $1.30B $1.25B $1.28B
Revenue Growth % -0.8% 5.9% -2.0% 3.7% -2.1% nan%
Cost of Revenue $162.57M $160.13M $140.50M $152.57M $141.36M $130.03M
+ Gross Profit $1.18B $1.19B $1.13B $1.15B $1.11B $1.15B
Gross Margin % 87.9% 88.1% 89.0% 88.3% 88.7% 89.9%
Operating Expenses $929.03M $924.04M $874.90M $931.42M $905.83M $806.84M
Research & Development $264.23M $261.79M $263.66M $271.52M $261.17M $253.64M
+ Operating Income $247.24M $264.96M $258.33M $215.75M $206.60M $344.39M
Operating Margin % 18.5% 19.6% 20.3% 16.6% 16.5% 26.9%
Interest Expense - - - - $394.00K $479.00K
Interest Income - - - - $6.57M $3.49M
Other Income/Expense $24.95M $23.15M $20.08M $6.21M $2.50M $7.11M
Income Before Tax $289.04M $303.49M $312.48M $250.05M $215.28M $354.51M
Income Tax Expense $46.93M $46.99M $48.16M $48.41M $31.38M $36.69M
+ Net Income $240.52M $255.02M $261.82M $200.66M $184.09M $310.23M
Net Margin % 18.0% 18.9% 20.6% 15.4% 14.7% 24.2%
Basic EPS 2.51 2.66 2.74 2.10 1.84 3.07
Diluted EPS 2.48 2.62 2.69 2.05 1.81 2.97
Basic Shares Outstanding 95.5M 95.9M 95.5M 95.8M 100.0M 101.2M
Diluted Shares Outstanding 96.5M 97.5M 97.3M 97.7M 102.0M 104.6M
Breakdown FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
Cash & Cash Equivalents $701.89M $482.05M $745.36M $620.13M $1.23B
Short-term Investments $703.00K - $139.15M $189.21M $38.84M
Accounts Receivable $331.10M $315.46M $262.25M $243.59M $232.61M
Inventory $30.42M $33.73M $35.62M $23.55M $10.96M
Other Current Assets $51.87M $69.99M $50.69M $50.08M $62.74M
Total Current Assets $1.39B $1.19B $1.49B $1.31B $1.76B
Property Plant & Equipment $470.61M $479.11M $481.58M $513.48M $534.38M
Goodwill $529.90M $533.21M $408.41M $365.15M $340.69M
Intangible Assets $397.06M $434.51M $167.43M $112.27M $122.89M
Long-term Investments $80.20M $89.27M $97.81M $102.51M $62.82M
Other Non-current Assets $114.16M $120.61M $94.67M $55.15M $61.26M
Total Assets $3.23B $3.11B $2.98B $2.69B $3.11B
Accounts Payable $17.84M $17.38M $20.93M $14.17M $17.78M
Accrued Liabilities $369.26M $347.53M $351.40M $230.24M $262.73M
Deferred Revenue $31.38M $31.64M $31.50M $18.59M $18.47M
Total Current Liabilities $437.79M $417.84M $422.23M $277.52M $315.72M
Other Non-current Liabilities $99.84M $135.85M $108.34M $100.12M $105.31M
Total Liabilities $595.81M $623.03M $607.58M $438.53M $501.45M
Retained Earnings $2.63B $2.50B $2.39B $2.30B $2.61B
Total Stockholders Equity $2.62B $2.48B $2.36B $2.25B $2.60B
Total Liabilities & Equity $3.23B $3.11B $2.98B $2.69B $3.11B
Breakdown TTM
(Dec 26, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
Net Income $467.96M $255.02M $261.82M $200.66M $184.09M $310.23M
Depreciation & Amortization $155.87M $87.83M $75.56M $82.56M $88.46M $95.86M
Stock-based Compensation $232.46M $128.51M $119.83M $118.49M $114.92M $99.70M
Deferred Income Tax $1.26M $4.99M $-21.61M $-18.34M $-29.46M $-37.05M
Change in Receivables $101.84M $18.46M $28.97M $-47.78M $14.31M $49.03M
Change in Inventory $-7.74M $-8.02M $2.65M $13.23M $11.76M $-17.15M
Operating Cash Flow $808.67M $472.20M $327.25M $367.08M $318.58M $447.75M
Capital Expenditure $54.65M $36.35M $30.01M $30.34M $47.93M $54.45M
Acquisitions $2.72M $1.36M $487.88M $-25.70M $38.17M $4.50M
Sales of Investments - - $157.73M $176.83M $108.55M $53.89M
Investing Cash Flow $8.41M $-10.59M $-286.29M $54.21M $-295.94M $-44.91M
Stock Repurchased $230.00M $124.99M $160.00M $149.28M $530.49M $245.86M
Dividends Paid $224.31M $126.60M $114.58M $103.41M $100.07M $89.17M
Financing Cash Flow $-491.52M $-247.24M $-287.81M $-236.81M $-610.56M $-252.51M
Net Change in Cash $322.40M $215.61M $-240.21M $189.59M $-604.66M $153.05M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Dec 26, 2025
Condensed Consolidated Statements of Operations
Description Dec 26, 2025
Current Prior Year
Total Revenue $346.71M $357.00M
Cost of Revenue $43.21M $40.77M
Gross Profit $303.50M $316.23M
Operating Expenses $241.34M $236.34M
Research & Development $69.08M $66.64M
Operating Income $62.16M $79.88M
Interest Income $4.12M $2.65M
Other Income/Expense $5.32M $3.52M
Income Before Tax $71.60M $86.05M
Income Tax Expense $17.92M $17.98M
Net Income $53.33M $67.82M
Basic EPS 0.56 0.71
Diluted EPS 0.55 0.70
Basic Shares Outstanding $95.47M $95.61M
Diluted Shares Outstanding $96.52M $97.15M
Condensed Consolidated Balance Sheets
Description Dec 26, 2025 Sep 26, 2025
Cash & Cash Equivalents $643.85M $701.89M
Short-term Investments $739.00K $703.00K
Accounts Receivable $373.09M $331.10M
Inventory $31.26M $30.42M
Other Current Assets $47.26M $23.87M
Total Current Assets $1.41B $1.39B
Property Plant & Equipment $466.72M $470.61M
Goodwill $530.30M $529.90M
Intangible Assets $364.02M $397.06M
Long-term Investments $85.02M $80.20M
Other Non-current Assets $88.08M $114.16M
Total Assets $3.19B $3.23B
Accounts Payable $8.67M $17.84M
Accrued Liabilities $376.21M $369.26M
Deferred Revenue $37.09M $31.38M
Total Current Liabilities $443.51M $437.79M
Other Non-current Liabilities $90.27M $99.84M
Total Liabilities $589.25M $595.81M
Retained Earnings $2.60B $2.63B
Total Stockholders Equity $2.59B $2.62B
Total Liabilities & Equity $3.19B $3.23B
Condensed Consolidated Statements of Cash Flows
Description Dec 26, 2025
Current Prior Year
Net Income $53.33M $67.82M
Depreciation & Amortization $24.14M $22.36M
Stock-based Compensation $37.21M $36.07M
Deferred Income Tax $16.00K $-7.31M
Change in Receivables $82.96M $24.65M
Change in Inventory $-879.00K $-1.34M
Operating Cash Flow $54.80M $106.78M
Capital Expenditure $4.63M $6.78M
Acquisitions - $1.36M
Investing Cash Flow $1.25M $-8.14M
Stock Repurchased $70.00M $15.00M
Dividends Paid $34.34M $31.55M
Financing Cash Flow $-121.83M $-57.57M
Net Change in Cash $-65.80M $33.91M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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