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Dolby Laboratories, Inc. income statement

In fiscal 2025, Dolby Laboratories, Inc. reported revenue of $1.35bn, up 5.9% on the year before, operating income of $265m (a 19.6% margin) and net income of $255m, or $2.62 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Dolby Laboratories, Inc.: income statement, annual
Fiscal year2009Sept 20092010Sept 20102011Sept 20112012Sept 20122013Sept 20132014Sept 20142015Sept 20152016Sept 20162017Sept 20172018Sept 20182019Sept 20192020Sept 20202021Sept 20212022Sept 20222023Sept 20232024Sept 20242025Sept 2025LTMJun 2026
Revenue7209239619339109609711,0261,0801,0551,2421,1621,2811,2541,3001,2741,3491,354
Cost of revenue6513211192977095109119128161146130141153140160168
Gross profit6557918508418138908769179629271,0811,0151,1511,1121,1471,1331,1891,187
Research and development82105124140169183201220233237238239254261272264262266
Selling and marketing99130155188231253279295297310344336333359354334361363
General and administrative106119138149162178182169172197205220224275258270287295
Operating income364429430362245274213232247184257219344207216258265239
Interest expense11−101−000000000————
Net interest income————————————36283415—
Income before tax371437441369251276246236255196282240355215250312303277
Income tax1271541301046067635048154278373148484749
Net income24328330926418920618118620642255231310184201262255226
Diluted EPS$2.11$2.46$2.75$2.46$1.84$1.99$1.75$1.81$2.00$0.39$2.44$2.25$2.97$1.81$2.05$2.69$2.62$2.35
Diluted shares (average)115m115m113m108m103m104m104m102m103m107m105m103m105m102m98m97m97m96m
EBITDA392464474406299327282317331265342310440295298334353332

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Dolby Laboratories, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Dolby Laboratories, Inc.