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DLB $61.35 -1.67%
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DLB · Dolby Laboratories, Inc.

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$61.35 -1.04 (-1.67%) At close · Aug 17
Market Cap
$5.76B
Shares
93.67M
All earnings calls

Earnings call · FY2026 Q3

Third Quarter Fiscal Year 2026 Financial Results Conference Call

Third Quarter Fiscal Year 2026 Financial Results Conference Call

Concluded Jul 30, 2026 Audio replay
Jul 30, 2026 3:47 6 turns
Period
FY2026 Q3
Runtime
3:47
Sources
4 artifacts

Executive readout · one minute

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Dolby Vision 2 adoption 10 Ad technology and Google Ad Manager partnership 5 Capital allocation and buybacks 4 Sports intelligence platform 4

Management tone

Positive

Net tone +22 · low hedging

Grounding quotes
  • “we're pretty excited about that”
  • “we continue to get really good engagement from customers on what we're doing with that”
  • “we are really excited about how the portfolio of solutions is coming together to make that happen”

Forward guidance

22 guided metrics

Management's latest ranges and targets are included below.

Research coverage

4 live sources

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Revenue $305.00M -3.3% YoY
Diluted EPS $0.30 -37.5% YoY
Gross margin 86.8% +0.7 pp YoY
Net income $28.60M -37.9% YoY

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Forward guidance

From the 8-K filed Jul 30, 2026.

Metric Guided
Total revenue
fourth quarter of fiscal 2026
$362M – $392M
Gross margins
fourth quarter of fiscal 2026
90%
Gross margins
fourth quarter of fiscal 2026
88%
Licensing revenue
fourth quarter of fiscal 2026
$335M – $365M
Operating expenses
fourth quarter of fiscal 2026
$195M – $205M
Operating expenses
fourth quarter of fiscal 2026
$227M – $237M
Effective tax rate
fourth quarter of fiscal 2026
23%
Diluted earnings per share
fourth quarter of fiscal 2026
$0.78 – $0.93
Effective tax rate
fourth quarter of fiscal 2026
21%
Total revenue
full year of fiscal 2026
$1.41B – $1.44B
Diluted earnings per share
fourth quarter of fiscal 2026
$1.13 – $1.28
Licensing revenue
full year of fiscal 2026
$1.31B – $1.34B
Gross margins
full year of fiscal 2026
88%
Operating expenses
full year of fiscal 2026
$937M – $947M
Gross margins
full year of fiscal 2026
90%
Operating expenses
full year of fiscal 2026
$785M – $795M
Operating margins
full year of fiscal 2026
34%
Operating margins
full year of fiscal 2026
21%
Effective tax rate
full year of fiscal 2026
24%
Diluted earnings per share
full year of fiscal 2026
$2.62 – $2.77
Diluted earnings per share
full year of fiscal 2026
$4.25 – $4.40
Effective tax rate
full year of fiscal 2026
21%

Quarter detail

How the reported period landed and where the business moved.

Revenue · regions

Non Us$200.79M -11% YoY
United States$104.21M +16% YoY

Capital returned

Buybacks
$65.00M
Dividend / share
$0.36
Full-screen source Call document