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MARKETS / NYSE / DLB
NYSE · PATENT OWNERS & LESSORS · LARGE CAP

Dolby Laboratories, Inc. DLB

18 fiscal years on record · USD · FY2025 reported · SEC filings only
10 YEARS OF DIVIDEND GROWTH
$1.3B
▲ 5.9% YoY
$255.0M
▼ 2.6% YoY
$435.9M
▲ 46.6% YoY
In brief

What this company does

It derives the majority of its revenue from licensing audio and video technology to electronics manufacturers, and a lesser portion of its revenue by offering audio and video technologies to cinema exhibitors. It generated over 90% of its revenue in fiscal 2025 from agreements to license branded technology and patents to approximately 1,000 electronic device manufacturers. It also designs and manufactures audio, imaging, accessibility, and other hardware and software solutions primarily for the cinema, with occasional applications in the television, broadcast, and live entertainment industries. The company was founded in London, England in 1965 and incorporated in the State of New York in 1967, then reincorporated in California in 1976 and in Delaware in September 2004.

Written from the business description in Dolby Laboratories, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 November 2025. Every sentence was checked against that document before publication.

Growth
USD 1.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.3 · Net income 0.3
0.5B1.0B2008201120142017202020232025
Compound annual growth
+2.5%
+3.0%
+3.3%
+2.6%
+11.5%
+2.0%
+3.5%
−0.7%
+13.1%
+3.1%
+4.1%
+0.4%
+9.0%
+8.4%
+12.1%
−28.7%
+3.0%
+5.7%
+0.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.0% a year over five years — but profit grew slower: net income at +2.0%, earnings per share at +3.1%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
19 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 19.6% · Net 19.0%
20%40%2008201120142017202020232025
ROE
FY2025 · ROE 10.0%
10%20%2008201120142017202020232025

Each USD of equity produced 10 cents of profit this year.

Cash & shareholders
USD 207.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 435.9
200M400M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 126.6 · Net buybacks 81.3
200M400MDividendsNet buybacks201020122014201620182020202220242025

USD 126.6M in dividends and USD 81.3M in buybacks — 82% of the year's profit went back to shareholders.

Total assetsUSD 3.2B
EquityUSD 2.6B
CashUSD 701.9M
Current ratio3.17×

Equity funds 81% of total assets.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B1.31.31.31.31.31.21.21.11.11.01.01.00.90.91.00.90.70.6
Operating income $B0.30.30.20.20.30.20.30.20.20.20.20.30.20.40.40.40.40.3
EBITDA $B0.30.30.30.30.40.30.30.20.30.30.30.30.30.40.50.40.4·
Income tax $B0.00.00.00.00.00.00.00.20.00.00.10.10.10.10.10.20.10.1
Net income $B0.30.30.20.20.30.20.30.00.20.20.20.20.20.30.30.30.20.2
Free cash flow $B0.40.30.30.30.40.30.20.30.30.30.20.30.20.20.40.30.30.3
EPS, diluted $2.622.692.051.812.972.252.440.392.001.811.751.991.842.462.752.462.111.74
Dividend / sh $1.321.231.111.020.910.880.790.670.580.500.420.004.00·····
Payout %50445254293830158282623021600···
ROE %10.010.88.77.612.39.810.91.910.19.810.312.911.815.619.720.118.1·
Shares out B··········0.050.05······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPatent Owners & Lessors
Listed onNYSE
Incorporated inDelaware
Fiscal year endsSeptember 27
Data on record since2008

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