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	Mar '26 Mar 27, 2026	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	1,365	1,349	1,274	1,300	1,254	1,281
Revenue Growth (YoY)	3.39%	5.92%	-2.00%	3.67%	-2.14%	10.28%
Cost of Revenue	171.46	160.13	140.5	152.57	141.36	130.03
Gross Profit	1,193	1,189	1,133	1,147	1,112	1,151
Selling, General & Admin	656.62	647.24	604.85	612.84	634.03	556.83
Research & Development	266.18	261.79	263.66	271.52	261.17	253.64
Other Operating Expenses	18.23	15.01	6.38	47.06	10.62	10.24
Total Operating Expenses	941.02	924.04	874.9	931.43	905.83	820.71
Operating Income	252.42	264.96	258.33	215.75	206.61	344.39
Interest Income	18.31	15.38	34.08	28.09	6.17	3.01
Other Non-Operating Income (Expense)	17.75	23.15	20.08	6.21	2.5	7.11
Total Non-Operating Income (Expense)	36.06	38.53	54.15	34.3	8.67	10.12
Pretax Income	288.49	303.49	312.48	250.05	215.28	354.51
Provision for Income Taxes	43.15	46.99	48.16	48.41	31.38	36.69
Net Income	243.65	255.02	261.83	200.66	184.09	310.23
Minority Interest in Earnings	1.53	1.47	2.49	0.99	-0.19	7.6
Net Income to Common	243.65	255.02	261.83	200.66	184.09	310.23
Net Income Growth	-5.06%	-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)	-0.50%	0.16%	-0.42%	-4.17%	-2.52%	1.63%
EPS (Basic)	2.56	2.66	2.74	2.10	1.84	3.07
EPS (Diluted)	2.53	2.62	2.69	2.05	1.81	2.97
EPS Growth	-4.53%	-2.60%	31.22%	13.26%	-39.06%	32.00%
Shares Outstanding	94.59	95.46	95.39	95.76	95.88	101.07
Free Cash Flow	215.8	435.85	297.25	336.74	270.65	393.3
Free Cash Flow Growth	-50.49%	46.63%	-11.73%	24.42%	-31.19%	41.73%
Free Cash Flow Per Share	2.23	4.47	3.05	3.45	2.65	3.76
Dividends Per Share	1.410	1.350	1.230	1.110	1.020	0.910
Dividend Growth	4.44%	9.76%	10.81%	8.82%	12.09%	3.41%
Gross Margin	87.44%	88.13%	88.97%	88.26%	88.73%	89.85%
Operating Margin	18.49%	19.64%	20.28%	16.60%	16.48%	26.88%
Profit Margin	17.97%	19.01%	20.75%	15.51%	14.67%	24.81%
FCF Margin	15.81%	32.31%	23.34%	25.91%	21.59%	30.70%
EBITDA	320.47	352.79	333.89	298.31	295.07	440.25
EBITDA Margin	23.48%	26.15%	26.21%	22.95%	23.53%	34.36%
EBIT	252.42	264.96	258.33	215.75	206.61	344.39
EBIT Margin	18.49%	19.64%	20.28%	16.60%	16.48%	26.88%
Effective Tax Rate	14.96%	15.48%	15.41%	19.36%	14.58%	10.35%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q