Jul. 30 at 5:15 PM
Watching
$DLB for earnings today. I started a little position in our stream today to follow it.
DLB = Dolby Laboratories (NYSE), the audio/imaging tech company behind Dolby Atmos and Dolby Vision, licensing that tech to device makers, streamers, and theaters (licensing is ~92% of revenue).
Fundamentally it's a cash-generative, high-margin licensing model — it repurchased
$70M of its own stock in Q1 FY26, carries a ~2.83% dividend yield, trades around a
$7.4B market cap with a P/E near 28.6, and holds a consensus "Buy" from analysts. Its last reported quarter (Q2 FY26, April 30) beat estimates —
$1.37 EPS vs
$1.31 expected, and revenue of
$395.63M vs
$385.80M expected, up 7% YoY — with GAAP net income of
$95M (
$0.99/share), up from
$92M (
$0.94/share) a year earlier. For the quarter just reported, Dolby had guided Q3 FY26 revenue to
$295-325M, with licensing revenue of
$270-300M — and results actually came out after market close today.
- Not financial advice.
