Quarterly ResultApr 30, 2026, 04:28 PM
DLB Q2 Revenue +7% to $396M; GAAP EPS $0.99; Declares $0.36 Dividend
AI Summary
Dolby Laboratories reported strong Q2 fiscal 2026 financial results with revenue increasing 7% year-over-year to $396 million and GAAP diluted EPS rising to $0.99. The company also announced a cash dividend of $0.36 per share and repurchased $65 million of its common stock. Business highlights include expanded Dolby integration in sports broadcasting and automotive experiences, alongside positive full-year fiscal 2026 guidance.
Key Highlights
- Q2 fiscal 2026 total revenue increased 7% YoY to $396 million.
- Q2 GAAP net income was $95 million, or $0.99 per diluted share.
- Q2 Non-GAAP net income was $131 million, or $1.37 per diluted share.
- Declared a cash dividend of $0.36 per share, payable May 20, 2026.
- Repurchased approximately one million shares for $65 million.
- Q2 licensing revenue from Broadcast increased to $119.2 million (32% of total).
- Forecasts full-year fiscal 2026 total revenue of $1.40 billion to $1.45 billion.
- Anticipates full-year fiscal 2026 GAAP diluted EPS of $2.66 to $2.81.