Dolby Laboratories Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 26, 2025	Sep '25 Sep 26, 2025	Sep '24 Sep 27, 2024	Sep '23 Sep 29, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 24, 2021
Revenue	1,339	1,349	1,274	1,300	1,254	1,281
Revenue Growth (YoY)	1.80%	5.92%	-2.00%	3.67%	-2.14%	10.28%
Cost of Revenue	162.57	160.13	140.5	152.57	141.36	130.03
Gross Profit	1,176	1,189	1,133	1,147	1,112	1,151
Selling, General & Admin	644.54	647.24	604.85	612.84	634.03	556.83
Research & Development	264.23	261.79	263.66	271.52	261.17	253.64
Other Operating Expenses	20.26	15.01	6.38	47.06	10.62	10.24
Total Operating Expenses	929.03	924.04	874.9	931.43	905.83	820.71
Operating Income	247.24	264.96	258.33	215.75	206.61	344.39
Interest Income	16.85	15.38	34.08	28.09	6.17	3.01
Other Non-Operating Income (Expense)	24.95	23.15	20.08	6.21	2.5	7.11
Total Non-Operating Income (Expense)	41.8	38.53	54.15	34.3	8.67	10.12
Pretax Income	289.04	303.49	312.48	250.05	215.28	354.51
Provision for Income Taxes	46.93	46.99	48.16	48.41	31.38	36.69
Net Income	240.52	255.02	261.83	200.66	184.09	310.23
Minority Interest in Earnings	1.5	1.47	2.49	0.99	-0.19	7.6
Net Income to Common	240.52	255.02	261.83	200.66	184.09	310.23
Net Income Growth	-8.43%	-2.60%	30.48%	9.00%	-40.66%	34.09%
Shares Outstanding (Basic)	96	96	96	96	100	101
Shares Outstanding (Diluted)	97	97	97	98	102	105
Shares Change (YoY)	0.17%	0.16%	-0.42%	-4.17%	-2.52%	1.63%
EPS (Basic)	2.51	2.66	2.74	2.10	1.84	3.07
EPS (Diluted)	2.48	2.62	2.69	2.05	1.81	2.97
EPS Growth	-8.82%	-2.60%	31.22%	13.26%	-39.06%	32.00%
Shares Outstanding	95.53	95.46	95.39	95.76	95.88	101.07
Free Cash Flow	282.99	435.85	297.25	336.74	270.65	393.3
Free Cash Flow Growth	-35.07%	46.63%	-11.73%	24.42%	-31.19%	41.73%
Free Cash Flow Per Share	2.92	4.47	3.05	3.45	2.65	3.76
Dividends Per Share	1.380	1.350	1.230	1.110	1.020	0.910
Dividend Growth	2.22%	9.76%	10.81%	8.82%	12.09%	3.41%
Gross Margin	87.86%	88.13%	88.97%	88.26%	88.73%	89.85%
Operating Margin	18.47%	19.64%	20.28%	16.60%	16.48%	26.88%
Profit Margin	18.08%	19.01%	20.75%	15.51%	14.67%	24.81%
FCF Margin	21.14%	32.31%	23.34%	25.91%	21.59%	30.70%
EBITDA	313.12	352.79	333.89	298.31	295.07	440.25
EBITDA Margin	23.39%	26.15%	26.21%	22.95%	23.53%	34.36%
EBIT	247.24	264.96	258.33	215.75	206.61	344.39
EBIT Margin	18.47%	19.64%	20.28%	16.60%	16.48%	26.88%
Effective Tax Rate	16.24%	15.48%	15.41%	19.36%	14.58%	10.35%

Updated Dec 26, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q