Dolby Laboratories, Inc. (DLB)

Dolby Laboratories Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2025	Sep 27, 2024	Sep 29, 2023	Sep 30, 2022	Sep 24, 2021
Net Income	255.02	261.83	200.66	184.09	310.23
Depreciation & Amortization	98.6	87.33	95.51	103.61	112.76
Loss (Gain) From Sale of Assets	-	-	-	-	-13.87
Asset Writedown & Restructuring Costs	-	-	16.23	-	-
Loss (Gain) From Sale of Investments	-	-2.92	-0.86	1.44	1.37
Loss (Gain) on Equity Investments	-0.71	-2.02	-0.06	-	-
Stock-Based Compensation	128.51	119.83	118.49	114.93	99.7
Provision & Write-off of Bad Debts	2.43	-2.26	-0.79	5.46	-2.89
Other Operating Activities	5.35	-15.82	-15	-34.69	-34.9
Change in Accounts Receivable	-1.78	-37.67	48.13	-8.01	-70.19
Change in Inventory	8.02	-2.65	-13.23	-11.76	17.15
Change in Accounts Payable	22.85	-34.55	-52.32	-33.54	44.23
Change in Unearned Revenue	-5.08	-9.74	-8.38	-0.41	2.36
Change in Income Taxes	-42.83	-4.5	-8.72	8.45	-2.98
Change in Other Net Operating Assets	1.81	-29.59	-12.57	-10.97	-15.22
Operating Cash Flow	472.2	327.25	367.08	318.58	447.75
Operating Cash Flow Growth	44.29%	-10.85%	15.23%	-28.85%	30.22%
Capital Expenditures	-36.35	-30.01	-30.34	-47.93	-54.45
Sale of Property, Plant & Equipment	16.88	-	-	-	16.37
Cash Acquisitions	-1.36	-487.88	25.7	-38.17	-4.5
Sale (Purchase) of Intangibles	-5.59	-	-	-11.53	-
Investment in Securities	15.84	231.59	58.84	-198.31	-2.32
Investing Cash Flow	-10.59	-286.29	54.21	-295.94	-44.91
Issuance of Common Stock	43.7	40.93	47.78	57.85	122.09
Repurchase of Common Stock	-162.49	-199.08	-180.42	-566.9	-278.07
Common Dividends Paid	-126.6	-114.58	-103.41	-100.07	-89.17
Other Financing Activities	-1.85	-15.08	-0.77	-1.44	-7.36
Financing Cash Flow	-247.24	-287.81	-236.81	-610.56	-252.52
Foreign Exchange Rate Adjustments	1.24	6.64	5.12	-16.74	2.72
Net Cash Flow	215.61	-240.21	189.6	-604.66	153.05
Free Cash Flow	435.85	297.25	336.74	270.65	393.3
Free Cash Flow Growth	46.63%	-11.73%	24.42%	-31.19%	41.73%
Free Cash Flow Margin	32.31%	23.34%	25.91%	21.59%	30.70%
Free Cash Flow Per Share	4.47	3.05	3.45	2.65	3.76
Cash Income Tax Paid	73.74	63.22	61.48	40.34	70.74
Levered Free Cash Flow	408.66	230.51	390.52	253.52	352.1
Unlevered Free Cash Flow	408.66	230.51	390.52	253.52	352.1
Change in Working Capital	-17.01	-118.71	-47.08	-56.25	-24.64

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q