Dolby Laboratories, Inc. develops pioneering audio and visual technologies designed to enhance entertainment and communication experiences across a broad spectrum of platforms. ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Est. EPS $4.32 · Revenue $1.42B · 3 analysts
Est. EPS $1.12 · Revenue $359.33M · 3 analysts
Est. EPS $1.36 · Revenue $402.52M · 1 analysts
Est. EPS $0.85 · Revenue $322.23M · 1 analysts
$1.44 per share
$1.44 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.3B | +5.9% | -22.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $255.0M | -2.6% | -69.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +88.1% | -0.9% | -2.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +19.6% | -5.5% | -56.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +18.9% | -8.0% | -60.9% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $430.3M | +44.7% | +218.1% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +31.9% | +36.7% | +312.7% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 1.5% | -21.9% | -3.2% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 3.17x | +10.9% | +6.9% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $3.2B | +3.1% | -2.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.62 vs 3.97 | -33.9% | 0.30 vs 0.67 | -55.3% |
| Revenue Surprise | $1.3B vs $1.3B | +0.1% | $305.0M vs $312.0M | -2.2% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Couling John D | officer: SVP, Entertainment | Class A Common Stock | A | 7,667 | $45.50 |
| Sep 1, 2026 | Couling John D | officer: SVP, Entertainment | Class A Common Stock | D | 7,667 | $61.05 |
| Sep 1, 2026 | Couling John D | officer: SVP, Entertainment | Employee Stock Option (Right to Buy) | D | 7,667 | $45.50 |
| Aug 28, 2026 | Dolby Dagmar | 10 percent owner | Class B Common Stock | D | 2,000,000 | — |
| Aug 28, 2026 | Dolby Dagmar | 10 percent owner | Class B Common Stock | D | 300,000 | — |
Operator: If you would like to ask a question, please press 1 to raise your hand. To withdraw your question, press 1 again. As a reminder, this call is being recorded Thursday, 07/30/2026. I would now like to turn the conference over to Mr. Peter L. Goldmacher. Vice president of investor relations. Peter? Please go ahead. Peter L. Goldmacher: Good afternoon. Welcome to Dolby Laboratories Third Quarter Fiscal Year 26 Earnings Conference Call. Joining me today are Kevin J. Yeaman, Dolby Laboratories' CEO and Robert J. Park, CFO. As a reminder, today's discussion will include forward looking statements including our fiscal 26 fourth quarter and full year outlook and our assumptions underlying that outlook. These statements are subject to risks and uncertainties that may cause results to differ materially from the statements made today. Including, among other things, the impact of macroeconomic events, supply chain issues, inflation rates, changes in consumer spending, and geopolitical instability on our business. A discussion of these and additional risks and uncertainties can be found in the earnings press release that we issued today under the section captioned Forward Looking Statements as well as in the Risk Factors section of our most recent annual report on Form 10-Q. Dolby assumes no obligation and does not intend to update any forward looking statements made during this call as a result of new information or future events. During today's call, we will discuss non GAAP financial measures. A reconciliation between GAAP and non GAAP financial measures is available in our earnings press release and in the Interactive Analyst Center on the Investor Relations section of our website. With that, I would like to turn the call over to Kevin. Kevin J. Yeaman: Thanks, Peter, and thanks to everyone joining us on the call today, Revenue and earnings for the third quarter were within the range of guidance we provided on the last earnings call. We are narrowing the range of guidance for the full year and keeping the midpoint of revenue the same. We expect strong sequential growth in Q4, driven by momentum in a number of our key growth areas. We have strong visibility into the pipeline of deals for the quarter And many of them have closed early in Q4. Robert will share more details on this and on the financials overall in a few minutes. Dolby has maintained its leadership position for over 60 years by innovating and raising the bar on the entertainment experience. We do this by working with creatives, content distributors, and device makers, giving us a unique on the collective needs, challenges, and opportunities of the entertainment ecosystem, which enables us to deliver experience that come to life in the highest possible quality. This quarter, I would like to start with our focus on expanding our total addressable market beyond device licensing. We are working with a growing number of content partners that are looking to differentiate on experience and …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Kevin J. Yeaman | Consultant | USD 1,880,991 | Male | 1966 | Active |
Marc Whitten | President, Chief Executive Officer & Director | USD 1,880,991 | Male | 1971 | Active |
Andy Sherman | Executive Vice President, General Counsel & Corporate Secretary | USD 976,567 | Male | 1967 | Active |
John D. Couling | Senior Vice President of Entertainment | USD 964,316 | Male | 1975 | Active |
Todd Pendleton | Senior Vice President & Chief Marketing Officer | USD 925,797 | Male | 1972 | Active |
Shriram Revankar | Senior Vice President of Advanced Technology Group | USD 917,597 | — | 1962 | Active |
Robert J. Park | Senior Vice President & Chief Financial Officer | USD 849,935 | Male | 1970 | Active |
Linda Rogers | Senior Vice President & Chief People Officer | — | Female | — | Active |
Edwin Marin | Senior Vice President & Chief Information Officer | — | Male | — | Active |
Peter L. Goldmacher | Vice President of Investor Relations | — | Male | — | Active |
Ryan Nicholson | Vice President, Corporate Controller & Chief Accounting Officer | — | Male | — | Active |
Innovation Passport award designed to support accelerated time to market and help expedite patient access to potentially transformative new investigational medicines
Dolby targets a sharp fiscal Q4 rebound as content deals, auto Atmos growth and licensing gains face contract-timing volatility.
Dolby's discounted valuation and $756 million cash balance support its long-term case as premium formats and auto licensing expand.
Dolby beat on earnings but missed on sales last night. Both earnings and sales declined year over year -- but should improve in Q4.
DLB beat Q3 earnings estimates despite lower revenue, then forecast strong Q4 growth backed by video licensing, autos and new device categories.
