Dolby Laboratories, Inc. (DLB)

Dolby Laboratories Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 26, 2025	Sep 26, 2025	Sep 27, 2024	Sep 29, 2023	Sep 30, 2022	Sep 24, 2021
Net Income	176.34	256.49	264.32	201.64	183.9	317.82
Depreciation & Amortization	65.88	87.83	75.56	82.56	88.46	95.86
Stock-Based Compensation	95.15	128.51	119.83	118.49	114.93	99.7
Other Adjustments	19.45	16.38	-13.74	11.48	-12.45	-40.99
Change in Receivables	2.02	-1.78	-37.67	48.13	-8.01	-70.19
Changes in Inventories	8.6	8.02	-2.65	-13.23	-11.76	17.15
Changes in Accounts Payable	9.22	22.85	-34.55	-52.32	-33.54	44.23
Changes in Income Taxes Payable	-45.78	-42.83	-4.5	-8.72	8.45	-2.98
Changes in Unearned Revenue	-1.94	-5.08	-9.74	-8.38	-0.41	2.36
Changes in Other Operating Activities	-11.12	1.81	-29.59	-12.57	-10.97	-15.22
Operating Cash Flow	312.5	472.2	327.25	367.08	318.58	447.75
Operating Cash Flow Growth	4.95%	44.29%	-10.85%	15.23%	-28.85%	30.22%
Capital Expenditures	-29.51	-36.35	-30.01	-30.34	-47.93	-54.45
Sale of Property, Plant & Equipment	8.44	16.88	-	-	-	16.37
Purchases of Intangible Assets	-	-5.59	-	-	-11.53	-
Proceeds from Sale of Intangible Assets	6.62	-	-	-	-	-
Purchases of Investments	-	-0.08	-160.2	-172.96	-316.31	-67.1
Proceeds from Sale of Investments	7.96	15.91	391.79	231.8	118.01	64.79
Payments for Business Acquisitions	-0.68	-1.36	-487.88	25.7	-38.17	-4.5
Investing Cash Flow	-12.84	-10.59	-286.29	54.21	-295.94	-44.91
Issuance of Common Stock	30.64	43.7	40.93	47.78	57.85	122.09
Repurchase of Common Stock	-120.25	-162.23	-199.08	-180.42	-566.9	-278.07
Net Common Stock Issued (Repurchased)	-89.62	-118.53	-158.15	-132.64	-509.06	-155.98
Common Dividends Paid	-94.91	-126.6	-114.58	-103.41	-100.07	-89.17
Other Financing Activities	-1.78	-2.11	-15.08	-0.77	-1.44	-7.36
Financing Cash Flow	-186.56	-247.24	-287.81	-236.81	-610.56	-252.52
Effect of Exchange Rate Changes on Cash and Cash Equivalents	3.43	1.24	6.64	5.12	-16.74	2.72
Net Cash Flow	116.53	215.61	-240.21	189.6	-604.66	153.05
Free Cash Flow	301.85	435.85	297.25	336.74	270.65	393.3
Free Cash Flow Growth	-30.75%	46.63%	-11.73%	24.42%	-31.19%	41.73%
FCF Margin	22.55%	32.31%	23.34%	25.91%	21.59%	30.70%
Free Cash Flow Per Share	3.11	4.47	3.05	3.45	2.65	3.76
Levered Free Cash Flow	235.86	291.27	226.34	157.67	176.38	397.18
Unlevered Free Cash Flow	202.43	260.18	183.02	130.99	168.78	395.7

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

SEC Filings: 10-K · 10-Q