Dolby Laboratories Q2 Revenue Up 7% to $396M, Declares $0.36 Dividend
Dolby Laboratories posted Q2 revenue of $396 million, up 7% from $370 million a year earlier, with GAAP net income of $95 million ($0.99/share). The company repurchased $65 million of stock, declared a $0.36/share dividend and forecasted Q3 revenue of $295–325 million.
1. Q2 Financial Performance
Dolby Laboratories posted Q2 fiscal 2026 revenue of $396 million, up 7% from $370 million a year ago. GAAP net income reached $95 million ($0.99 per diluted share), non-GAAP net income was $131 million ($1.37 per diluted share), while the company repurchased $65 million of stock and declared a $0.36 per share cash dividend.
2. Recent Business Highlights
Dolby expanded its reach in live sports and automotive sectors, featuring Dolby Atmos and Vision at the Super Bowl, Winter Olympics and T20 Cricket World Cup and securing integration with BMW’s new 7 Series and iX3 Long Wheelbase. Additional partnerships include Apple TV streaming in Dolby Vision, Douyin supporting Dolby content, and Hisense, TCL and Philips planning Dolby Vision 2 TVs before year-end.
3. Outlook and Guidance
For Q3, Dolby expects revenue between $295 million and $325 million, licensing revenue of $270–300 million and GAAP EPS of $0.19–0.34 (non-GAAP EPS $0.56–0.71). Full-year revenue guidance stands at $1.40–1.45 billion, with non-GAAP EPS projected at $4.30–4.45 given macroeconomic uncertainties.