DLB
$62.31+2.05%
Dolby LaboratoriesStock · IndustrialsRussell 1000 · 0.005% of IWBUS Stock Market · 0.004% of VTIRussell 3000 · 0.004% of IWV
DLB financial statements
The full income statement, balance sheet, and cash-flow statement for Dolby Laboratories (DLB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 97.0M2024-09 97.1M2024-12 97.1M2025-03 97.5M2025-06 96.9M2025-09 97.3M2025-12 96.5M2026-03 93.7M2026-06 93.7M-3.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofSep 26 ’25 | as ofSep 27 ’24 | as ofSep 29 ’23 | as ofSep 30 ’22 | as ofSep 24 ’21 | |
| Revenue | 1.35B+5.9% | 1.27B-2.0% | 1.30B+3.7% | 1.25B-2.1% | 1.28B+10.3% | |
| 1.19B+4.9% | 1.13B-1.2% | 1.15B+3.1% | 1.11B-3.4% | 1.15B+13.4% | ||
| Cost of revenue | 160M+14.0% | 140M-7.9% | 153M+7.9% | 141M+8.7% | 130M-11.2% | |
| 924M+5.6% | 875M-6.1% | 931M+2.8% | 906M+12.3% | 807M+1.3% | ||
| Research & development | 262M-0.7% | 264M-2.9% | 272M+4.0% | 261M+3.0% | 254M+6.1% | |
| Selling, general & administrative | 287M+6.0% | 270M+4.6% | 258M-6.1% | 275M+22.8% | 224M+2.0% | |
| General & administrative | 287M+6.0% | 270M+4.6% | 258M-6.1% | 275M+22.8% | 224M+2.0% | |
| Selling & marketing | 361M+7.8% | 334M-5.6% | 354M-1.2% | 359M+7.8% | 333M-1.0% | |
| Restructuring | 15.0M+135.1% | 6.38M-86.4% | 47.1M+343.0% | 10.6M+3.7% | 10.2M+462.3% | |
| Amortization of intangibles | 45.3M+36.4% | 33.2M+16.1% | 28.6M-1.4% | 29.0M-1.7% | 29.5M+0.0% | |
| Provision for credit losses | 2.43M+207.9% | -2.26M-184.5% | -793K-114.5% | 5.46M+289.0% | -2.89M-137.6% | |
| Operating income | 265M+2.6% | 258M+19.7% | 216M+4.4% | 207M-40.0% | 344M+57.4% | |
| Interest expense | — | — | — | 394K-17.7% | 479K+157.5% | |
| Interest & investment income | — | — | — | 6.57M+88.0% | 3.49M-72.6% | |
| Net interest income | 15.4M-54.9% | 34.1M+21.3% | 28.1M+354.9% | 6.17M+104.8% | 3.01M | |
| Other non-operating income | 23.1M+15.3% | 20.1M+223.1% | 6.21M+148.6% | 2.50M-64.8% | 7.11M-15.7% | |
| Equity-method income | — | 14.2M+178.4% | 5.10M+2.0% | 5.00M+6.4% | 4.70M+95.8% | |
| Gain (loss) on equity securities | 24.1M+69.7% | 14.2M+178.4% | 5.10M | — | — | |
| Pre-tax income | 303M-2.9% | 312M+25.0% | 250M+16.2% | 215M-39.3% | 355M+47.9% | |
| Income tax | 47.0M-2.4% | 48.2M-0.5% | 48.4M+54.3% | 31.4M-14.5% | 36.7M+353.2% | |
| 255M-2.6% | 262M+30.5% | 201M+9.0% | 184M-40.7% | 310M+34.1% | ||
| Net income to non-controlling interest | — | — | — | -189K-102.5% | 7.60M+2867.2% | |
| $2.62-2.6% | $2.69+31.2% | $2.05+13.3% | $1.81-39.1% | $2.97+32.0% | ||
| EPS (basic) | $2.66-2.9% | $2.74+30.5% | $2.10+14.1% | $1.84-40.1% | $3.07+33.5% | |
| Weighted-avg shares (basic) | 95.9M+0.3% | 95.5M-0.2% | 95.8M-4.2% | 100.0M-1.2% | 101M+0.6% | |
| Weighted-avg shares (diluted) | 97.5M+0.2% | 97.3M-0.4% | 97.7M-4.2% | 102M-2.5% | 105M+1.6% | |
| Dividends per share | $1.32+7.3% | $1.23+10.8% | $1.11+8.8% | $1.02+12.1% | $0.91+3.4% | |
| Balance Sheet | as ofSep 26 ’25 | as ofSep 27 ’24 | as ofSep 29 ’23 | as ofSep 30 ’22 | as ofSep 24 ’21 | |
| 1.39B+16.2% | 1.19B-19.7% | 1.49B+13.5% | 1.31B-25.5% | 1.76B+13.8% | ||
| Cash & equivalents | 702M+45.6% | 482M-35.3% | 745M+20.2% | 620M-49.4% | 1.23B+14.3% | |
| Short-term investments | 703K | 0.00-100.0% | 139M-26.5% | 189M+387.2% | 38.8M-17.3% | |
| Accounts receivable | 331M+5.0% | 315M+20.3% | 262M+7.7% | 244M+4.7% | 233M+29.0% | |
| Inventory | 30.4M-9.8% | 33.7M-5.3% | 35.6M+51.3% | 23.5M+114.8% | 11.0M-57.1% | |
| Prepaid expenses | 51.9M-25.9% | 70.0M+38.1% | 50.7M+1.2% | 50.1M-20.2% | 62.7M+18.3% | |
| Other current assets | 23.9M-40.7% | 40.2M+53.3% | 26.3M+13.1% | 23.2M-29.1% | 32.8M-6.7% | |
| 3.23B+3.8% | 3.11B+4.4% | 2.98B+10.8% | 2.69B-13.4% | 3.11B+6.5% | ||
| Property, plant & equipment | 471M-1.8% | 479M-0.5% | 482M-6.2% | 513M-3.9% | 534M-1.4% | |
| Operating lease right-of-use | 33.2M-15.0% | 39.0M-2.9% | 40.2M-13.6% | 46.5M-30.7% | 67.1M-12.3% | |
| Goodwill | 530M-0.6% | 533M+30.6% | 408M+11.8% | 365M+7.2% | 341M+1.1% | |
| Intangible assets | 397M-8.6% | 435M+159.5% | 167M+49.1% | 112M-8.6% | 123M-19.4% | |
| Long-term investments | 80.2M-10.2% | 89.3M-8.7% | 97.8M-4.6% | 103M+63.2% | 62.8M+20.5% | |
| Deferred tax assets | 214M-2.5% | 220M+8.9% | 202M+10.0% | 184M+17.7% | 156M+31.2% | |
| Other non-current assets | 114M-5.3% | 121M+27.4% | 94.7M+71.7% | 55.1M-10.0% | 61.3M-32.9% | |
| 438M+4.8% | 418M-1.0% | 422M+52.1% | 278M-12.1% | 316M+18.2% | ||
| Accounts payable | 17.8M+2.6% | 17.4M-16.9% | 20.9M+47.7% | 14.2M-20.3% | 17.8M+40.9% | |
| Accrued liabilities | 369M+6.3% | 348M-1.1% | 351M+52.6% | 230M-12.4% | 263M+19.4% | |
| Deferred revenue | 31.4M-0.8% | 31.6M+0.4% | 31.5M+69.5% | 18.6M+0.6% | 18.5M+19.7% | |
| Current lease liability | 10.4M-15.1% | 12.2M-10.2% | 13.6M+2.8% | 13.3M-13.9% | 15.4M-2.6% | |
| 596M-4.4% | 623M+2.5% | 608M+38.6% | 439M-12.5% | 501M+4.7% | ||
| Deferred revenue (non-current) | 29.7M-14.2% | 34.6M-13.5% | 40.0M+72.4% | 23.2M-2.2% | 23.7M-2.6% | |
| Non-current lease liability | 28.5M-18.0% | 34.8M-6.1% | 37.0M-1.8% | 37.7M-33.6% | 56.7M-13.2% | |
| Operating lease liability (total) | 38.9M-17.3% | 47.0M-7.2% | 50.6M-0.6% | 50.9M-29.4% | 72.1M-11.1% | |
| Other non-current liabilities | 99.8M-26.5% | 136M+25.4% | 108M+8.2% | 100M-4.9% | 105M-13.8% | |
| 2.62B+5.9% | 2.48B+5.2% | 2.36B+4.8% | 2.25B-13.5% | 2.60B+6.8% | ||
| Retained earnings | 2.63B+5.6% | 2.50B+4.4% | 2.39B+4.1% | 2.30B-11.9% | 2.61B+6.7% | |
| Accumulated other comprehensive income | -12.5M+34.8% | -19.2M+48.1% | -37.0M+28.4% | -51.6M-414.9% | -10.0M+5.3% | |
| Non-controlling interest | 9.39M-3.5% | 9.73M-43.0% | 17.1M+253.2% | 4.84M-22.6% | 6.25M+8.5% | |
| Total equity incl. non-controlling | 2.63B+5.8% | 2.49B+4.8% | 2.37B+5.4% | 2.25B-13.6% | 2.60B+6.8% | |
| Total liabilities & equity | 3.23B+3.8% | 3.11B+4.4% | 2.98B+10.8% | 2.69B-13.4% | 3.11B+6.5% | |
| Cash Flow | as ofSep 26 ’25 | as ofSep 27 ’24 | as ofSep 29 ’23 | as ofSep 30 ’22 | as ofSep 24 ’21 | |
| 472M+44.3% | 327M-10.9% | 367M+15.2% | 319M-28.9% | 448M+30.2% | ||
| Depreciation & amortization | 87.8M+16.2% | 75.6M-8.5% | 82.6M-6.7% | 88.5M-7.7% | 95.9M+5.5% | |
| Intangible amortization | 45.3M+36.4% | 33.2M+16.1% | 28.6M-1.4% | 29.0M-1.7% | 29.5M+0.0% | |
| Share-based compensation | 129M+7.3% | 120M+1.1% | 118M+3.1% | 115M+15.3% | 99.7M+15.1% | |
| Deferred income taxes | 4.99M+123.1% | -21.6M-17.9% | -18.3M+37.8% | -29.5M+20.5% | -37.0M-602.5% | |
| Change in receivables | 18.5M-36.3% | 29.0M+160.6% | -47.8M-433.8% | 14.3M-70.8% | 49.0M+4019.6% | |
| Change in inventory | -8.02M-402.1% | 2.65M-79.9% | 13.2M+12.5% | 11.8M+168.5% | -17.2M-245.6% | |
| -10.6M+96.3% | -286M-628.2% | 54.2M+118.3% | -296M-559.0% | -44.9M-133.4% | ||
| Capital expenditure | 36.3M+21.1% | 30.0M-1.1% | 30.3M-36.7% | 47.9M-12.0% | 54.5M-17.9% | |
| Free cash flow | 436M+46.6% | 297M-11.7% | 337M+24.4% | 271M-31.2% | 393M+41.7% | |
| Acquisitions | 1.36M-99.7% | 488M+1998.1% | -25.7M-167.3% | 38.2M+748.2% | 4.50M | |
| Sales/maturities of investments | 0.00-100.0% | 158M-10.8% | 177M+62.9% | 109M+101.4% | 53.9M-78.1% | |
| -247M+14.1% | -288M-21.5% | -237M+61.2% | -611M-141.8% | -253M-21.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 125M-21.9% | 160M+7.2% | 149M-71.9% | 530M+115.8% | 246M+41.5% | |
| Dividends paid | 127M+10.5% | 115M+10.8% | 103M+3.3% | 100M+12.2% | 89.2M+0.7% | |
| FX effect on cash | — | — | — | — | 2.72M-30.9% | |
| Net change in cash | 216M+189.8% | -240M-226.7% | 190M+131.4% | -605M-495.1% | 153M-44.2% | |
| Income taxes paid | 73.7M+16.6% | 63.2M+2.8% | 61.5M+52.4% | 40.3M-43.0% | 70.7M+33.8% | |
| Valuation Ratios | as ofSep 26 ’25 | as ofSep 27 ’24 | as ofSep 29 ’23 | as ofSep 30 ’22 | as ofSep 24 ’21 | |
| Market cap | 7.04B-4.0% | 7.34B-5.7% | 7.78B+20.7% | 6.45B-33.4% | 9.68B+45.0% | |
| P/E | 27.6×-1.5% | 28.0×-27.7% | 38.8×+10.7% | 35.0×+12.3% | 31.2×+8.1% | |
| P/S | 5.2×-9.4% | 5.8×-3.8% | 6.0×+16.4% | 5.1×-31.9% | 7.6×+31.5% | |
| P/B | 2.7×-9.3% | 3.0×-10.3% | 3.3×+15.1% | 2.9×-23.0% | 3.7×+35.8% | |
| P/FCF | 16.2×-34.5% | 24.7×+6.9% | 23.1×-3.0% | 23.8×-3.2% | 24.6×+2.3% | |
| Earnings yield | 3.6%+1.5% | 3.6%+38.3% | 2.6%-9.7% | 2.9%-10.9% | 3.2%-7.5% | |
| FCF yield | 6.2%+52.8% | 4.1%-6.4% | 4.3%+3.1% | 4.2%+3.3% | 4.1%-2.2% | |
| Dividend yield | 1.8%+12.1% | 1.6%+16.2% | 1.4%-10.5% | 1.6%+59.1% | 0.98%-27.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: DLB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DLB filings on SEC EDGAR → Not investment advice.