Dolby Laboratories, Inc. (DLB) — Financial statements
Income statement, balance sheet, and cash flow for Dolby Laboratories, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,349↑5.9% | 1,274↓2.0% | 1,300↑3.7% | 1,254↓2.1% | 1,281 | |
| Cost of Revenue | 160↑14.0% | 140↓7.9% | 153↑7.9% | 141↑8.7% | 130 | |
| Gross Profit | 1,189↑4.9% | 1,133↓1.2% | 1,147↑3.1% | 1,112↓3.4% | 1,151 | |
| Operating Expenses | ||||||
| R&D Expenses | 262↓0.7% | 264↓2.9% | 272↑4.0% | 261↑3.0% | 254 | |
| General & Administrative Expenses | 287 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 361 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 647↑7.0% | 605↓1.3% | 613↓3.3% | 634↑13.9% | 557 | |
| Other Expenses | 15 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 924↑6.4% | 869↓1.8% | 884↓1.2% | 895↑10.5% | 810 | |
| Total Costs & Expenses | 1,084↑7.4% | 1,009↓2.7% | 1,037↑0.0% | 1,037↑10.2% | 940 | |
| Operating Results | ||||||
| Operating Income | 265↑0.1% | 265↑0.7% | 263↑21.0% | 217↓36.3% | 341 | |
| Depreciation & Amortization | 99↑12.9% | 87↓8.6% | 96↓7.8% | 104↑8.1% | 96 | |
| EBITDA | 379↓5.3% | 400↑15.7% | 346↑8.4% | 319↓29.2% | 450 | |
| EBIT | 280↓10.4% | 312↑25.0% | 250↑16.2% | 215↓39.3% | 355 | |
| Interest & Other Income | ||||||
| Net Interest Income | 15↓54.9% | 34↑21.3% | 28↑327.6% | 7↑88.0% | 3 | |
| Interest Income | 15↓54.9% | 34↑21.3% | 28↑327.6% | 7↑88.0% | 3 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -15↑68.6% | -48↓474.3% | 13↑554.7% | 2↑114.2% | -14 | |
| Other Income / Expenses | 39↓19.3% | 48↑474.3% | -13↓554.7% | -2↓114.2% | 14 | |
| Income Before Tax | 303↓2.9% | 312↑25.0% | 250↑16.2% | 215↓39.3% | 355 | |
| Income Tax Expense | 47↓2.4% | 48↓0.5% | 48↑54.3% | 31↓14.5% | 37 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 256↓3.0% | 264↑31.1% | 202↑9.6% | 184↓42.1% | 318 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 255↓2.6% | 262↑30.5% | 201↑9.0% | 184↓40.7% | 310 | |
| Bottom-Line Net Income | 255↓2.6% | 262↑30.5% | 201↑9.0% | 184↓40.7% | 310 | |
| EPS (Basic) | 2.66↓2.9% | 2.74↑37.0% | 2.00↑8.7% | 1.84↓40.1% | 3.07 | |
| EPS (Diluted) | 2.62↓2.6% | 2.69↑37.2% | 1.96↑8.3% | 1.81↓39.1% | 2.97 | |
| Weighted Average Shares | 96↑0.3% | 96↓0.3% | 96↓4.2% | 100↓1.2% | 101 | |
| Weighted Average Diluted Shares | 97↑0.2% | 97↓0.3% | 98↓4.3% | 102↓2.5% | 105 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.