Dolby (DLB)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$61.96+0.06%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · DLB
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 2 guided quarters · 100.9% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue expanding market reach and adoption of Dolby Atmos and Dolby Vision across various content and device platforms.
Stated as a priority in 3 of last 3 quarters. Revenue was $396 million in 2026-Q2 and declined to $305 million in 2026-Q3. Management consistently emphasizes expanding Dolby Atmos and Vision adoption and new content partnerships, but revenue shows a declining trajectory in the most recent quarter.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 65% of the time over the next year (vs 52% for the rest of the cohort, n=6360).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We are expanding our total addressable market and creating new opportunities with content partners through the Video Distribution Program and Dolby OptiView.”
“We continue to strengthen our position and create growth opportunities across existing and new business areas.”
“We continue to have strong momentum with Dolby Atmos and Dolby Vision, while also expanding our addressable market with our imaging patent program for content streamers and Dolby OptiView.”
Continue paying and increasing cash dividends to shareholders as part of capital allocation strategy.
Stated as a priority in 3 of last 3 quarters. Dividend per share was consistently $0.36 in 2026-Q1, Q2, and Q3, reflecting stable dividend payments. Management has maintained this capital allocation priority with no reduction, indicating delivery on this commitment.
“Dolby announced a cash dividend of $0.36 per share payable on August 19, 2026.”
“Dolby announced a cash dividend of $0.36 per share payable on May 20, 2026.”
“Dolby announced a cash dividend of $0.36 per share payable on February 18, 2026.”
Expand share repurchase program size and actively repurchase shares to return capital to shareholders.
Stated as a priority in 3 of last 3 quarters. Share repurchase authorization increased from $142 million in 2026-Q2 to $427 million in 2026-Q3. The company repurchased about 1 million shares in 2026-Q2 and 1.2 million shares in 2026-Q3. Management is delivering on expanding and executing share buybacks.
“Board approved increasing stock repurchase program by $350 million, total available $427 million.”
“Dolby repurchased approximately one million shares for approximately $65 million, with $142 million repurchase authorization remaining.”
“Dolby repurchased approximately one million shares for approximately $70 million, with $207 million repurchase authorization remaining.”
Sustain gross margins near 88-90% on GAAP and non-GAAP basis to support profitability.
Stated as a priority in 3 of last 3 quarters. Gross margins were approximately 89% in 2026-Q2 and declined slightly to 87% in 2026-Q3. Management guidance targets 88-90% for fiscal 2026. The trajectory shows slight decline but remains near target, indicating mixed delivery.
“Gross margins are anticipated to be approximately 88% on a GAAP basis and approximately 90% on a non-GAAP basis.”
“Gross margins are anticipated to be approximately 86% on a GAAP basis and approximately 88% on a non-GAAP basis.”
“Gross margins are anticipated to be approximately 90% on a GAAP basis and approximately 91% on a non-GAAP basis.”
Complete leadership succession with Marc Whitten appointed as new President and CEO to lead next growth phase.
Newly stated in 2026-08-27 press release. The leadership transition is a one-time event with Marc Whitten appointed CEO. This priority is newly stated and represents a strategic shift in management leadership.
Over the trailing year it converted 1.29x of net income into operating cash flow. Historically, Information Technology names rated neutral grew net income 57% of the time over the next year (vs 52% for the rest of the cohort, n=4162).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to real (inflation-adjusted) rates, the US dollar, Fed net liquidity, long-term interest rates (low R² over the window).
13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=3673).
Not investment advice. As of 2026-09-04.