Dolby Income Statement
DLB / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Dolby reported $1.3B in revenue and $255M in net income for FY2025. Revenue has grown at a 4.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 3.39 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | $1.2B | $1.2B | $1.1B | $1.1B | $1.1B | $970.6M | $960.2M | $909.7M | $933.0M | $961.1M | $922.7M | $719.5M |
| Cost of Revenue | $160.1M | $140.5M | $130.0M | $146.5M | $160.9M | $127.6M | $118.5M | $127.6M | $94.8M | $70.2M | $96.7M | $92.0M | $111.2M | $131.8M | $64.8M |
| Gross Profit | $1.2B | $1.1B | $1.2B | $1.0B | $1.1B | $927.0M | $961.6M | $927.0M | $875.8M | $890.0M | $813.0M | $841.0M | $849.9M | $790.9M | $654.7M |
| SG&A Expense | $286.5M | $270.4M | $224.2M | $219.8M | $205.4M | $197.4M | $171.7M | $197.4M | $182.2M | $178.1M | $162.0M | $149.2M | $137.6M | $119.4M | $105.8M |
| R&D Expense | $261.8M | $263.7M | $253.6M | $239.0M | $237.9M | $236.8M | $233.3M | $236.8M | $201.3M | $183.1M | $168.7M | $140.1M | $123.9M | $105.0M | $81.5M |
| Operating Income | $265.0M | $258.3M | $344.4M | $218.7M | $257.1M | $183.5M | $247.1M | $183.5M | $213.2M | $273.7M | $245.3M | $362.0M | $429.7M | $429.4M | $363.7M |
| Interest Expense | $15.4M | - | $3.0M | $186.0K | $170.0K | $198.0K | $127.0K | $198.0K | $183.0K | -$183.0K | $575.0K | $196.0K | -$1.0M | $703.0K | $935.0K |
| Income Tax | $47.0M | $48.2M | $36.7M | $8.1M | $26.8M | $154.1M | $48.0M | $154.1M | $62.5M | $67.4M | $60.3M | $103.9M | $130.1M | $154.2M | $127.1M |
| Net Income | $255.0M | $261.8M | $310.2M | $231.4M | $255.2M | $41.7M | $206.5M | $41.7M | $181.4M | $206.1M | $189.3M | $264.3M | $309.3M | $283.4M | $243.0M |
| EPS (Basic) | $2.66 | $1.84 | $3.07 | $2.30 | $2.51 | $0.40 | $2.03 | $1.85 | $1.77 | $2.02 | $1.86 | $2.47 | $2.78 | $2.50 | $2.15 |
| EPS (Diluted) | $2.62 | $1.81 | $2.97 | $2.25 | $2.44 | $0.39 | $2.00 | $1.81 | $1.75 | $1.99 | $1.84 | $2.46 | $2.75 | $2.46 | $2.11 |
| Shares Outstanding | 97.5M | 102.0M | 104.6M | 102.9M | 104.6M | 107.0M | 103.3M | 102.4M | 103.9M | 103.6M | 102.8M | 107.5M | 112.6M | 115.4M | 115.4M |
| Gross Margin | 88.1% | 89.0% | 89.8% | 87.4% | 87.0% | 87.9% | 89.0% | 87.9% | 90.2% | 92.7% | 89.4% | 90.1% | 88.4% | 85.7% | 91.0% |
| Operating Margin | 19.6% | 20.3% | 26.9% | 18.8% | 20.7% | 17.4% | 22.9% | 17.4% | 22.0% | 28.5% | 27.0% | 38.8% | 44.7% | 46.5% | 50.5% |
| Profit Margin | 18.9% | 20.6% | 24.2% | 19.9% | 20.5% | 4.0% | 19.1% | 4.0% | 18.7% | 21.5% | 20.8% | 28.3% | 32.2% | 30.7% | 33.8% |