---
title: "Dolby Laboratories Metrics Guide"
description: "Dolby Laboratories revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/dolby-laboratories/financial-metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Dolby Laboratories Financial Metrics Guide

## Direct Answer

> Dolby Laboratories reported revenue of $1.3 billion for the fiscal year ended September 26, 2025, with an operating margin of 19.6% and net income of $255 million, according to its SEC filings. Revenue grew 5.9% from the prior year.

## What Are Dolby Laboratories's Key Financial Figures?

| Fiscal year | FY2025ended September 26, 2025 | FY2024ended September 27, 2024 | FY2023ended September 29, 2023 | FY2022ended September 30, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $1.3 billion | $1.3 billion | $1.3 billion | $1.3 billion |
| Operating income | $265 million | $258 million | $216 million | $207 million |
| Operating margin | 19.6% | 20.3% | 16.6% | 16.5% |
| Net income | $255 million | $262 million | $201 million | $184 million |
| Net margin | 18.9% | 20.6% | 15.4% | 14.7% |
| Operating cash flow | $472 million | $327 million | $367 million | $319 million |
| Capital expenditures | $36 million | $30 million | $30 million | $48 million |
| Free cash flow | $436 million | $297 million | $337 million | $271 million |

Operating margin narrowed by 0.6 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $436 million against net income of $255 million; cash generation covered reported earnings.

![Bar chart of Dolby Laboratories revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $1.3 billion, operating income $265 million and net income $255 million.](https://www.getswoopr.com/images/charts/dolby-laboratories-metrics-revenue-profit.webp)
*Dolby Laboratories revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Dolby Laboratories operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 19.6% and net margin was 18.9%.](https://www.getswoopr.com/images/charts/dolby-laboratories-metrics-margins.webp)
*Dolby Laboratories operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Dolby Laboratories operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $472 million, capital expenditures was $36 million, free cash flow was $436 million.](https://www.getswoopr.com/images/charts/dolby-laboratories-metrics-cash-flow.webp)
*Dolby Laboratories operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Dolby Laboratories's Balance Sheet Show?

| Cash and cash equivalents | $702 million |
| --- | --- |
| Long-term debt | Not reported |
| Total assets | $3.2 billion |
| Total liabilities | $596 million |
| Shareholders' equity | $2.6 billion |
| Current ratio | 3.2x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Dolby Laboratories reported in its own SEC filings, read from the SEC's XBRL data (accession 0001308547-25-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Dolby Laboratories's revenue in fiscal 2025?

Dolby Laboratories reported revenue of $1.3 billion for the fiscal year ended September 26, 2025, according to its SEC filings.

### What is Dolby Laboratories's operating margin?

Dolby Laboratories's operating margin was 19.6% in fiscal 2025: operating income of $265 million on revenue of $1.3 billion.

### How much free cash flow did Dolby Laboratories generate?

Operating cash flow of $472 million less capital expenditures of $36 million gives free cash flow of $436 million for fiscal 2025.

## References

- [SEC EDGAR: Dolby Laboratories, Inc. Form 10-K filed November 18, 2025](https://www.sec.gov/Archives/edgar/data/1308547/000130854725000007/dlb-20250926.htm)
- [SEC EDGAR: Dolby Laboratories, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1308547&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

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