Dolby Laboratories reported third-quarter fiscal 2026 results with revenue of $305M, down from $315.5M a year earlier, and diluted EPS of $0.3 versus $0.48 in the prior-year quarter. Net income attributable to Dolby totaled $28.6M for the quarter, declining from $46.1M in the year‑ago period.

Financial Highlights

  • Revenue was $305.0M for Q3 FY2026, compared with $315.5M in the prior-year quarter; YoY change (3.3%).
  • Net income attributable to Dolby Laboratories, Inc. was $28.6M for Q3 FY2026, compared with $46.1M in the prior-year quarter; YoY change (38.0%).
  • Diluted earnings per share was $0.30 for Q3 FY2026, compared with $0.48 in the prior-year quarter; YoY change (37.5%).

Business Highlights

  • Licensing remains the dominant revenue stream at roughly 93% of total revenue; licensing revenue declined 3% year over year in the quarter while year‑to‑date licensing is up about 1%.
  • Products and services revenue fell 12% in the quarter.
  • Broadcast and mobile are the largest channels for licensing, with broadcast representing about 38% and mobile about 18%; adoption in automotive and Dolby Cinema is increasing.
  • Dolby Atmos and Dolby Vision continue to expand across TVs, mobile devices, music, gaming and user‑generated content, supporting ecosystem growth.
  • Operational milestones include more than 30,100 issued patents, roughly 1,000 device OEM partners, 8,600+ Dolby Atmos screens and 4,500+ theatrical titles announced.
  • New initiatives include Dolby OptiView, a SaaS offering for ultra‑low latency streaming and advertising, which is in early commercial deployments targeting live sports and real‑time engagement.

Original SEC Filing:

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