Dolby Laboratories, Inc. Class A (DLB)

Over the past six months, Dolby Laboratories's stock has decreased by 10.27%. Recent events include the company's Q1 2026 earnings report on November 18, 2025, where it reported EPS of $0.99, surpassing analysts' estimates, with revenue of $307.02 million, slightly above estimates. Dolby Laboratories increased its quarterly dividend to $0.36 per share, with the ex-dividend date set for December 2, 2025. Insider selling has been noted, with CEO Kevin Yeaman and Director Tony Prophet selling shares. Additionally, Magnetar Financial LLC decreased its position in DLB by 81.7% in the second quarter.

Demand seasonality for Dolby Laboratories's products and services is influenced by factors within the cinema industry. Revenue and demand for Dolby Cinema and related products are affected by overall cinema industry and macroeconomic conditions, including consumer trends, box office performance, delays in cinematic releases, and the inherent seasonality of film releases and associated moviegoing attendance. The percentage of box office revenue attributed to premium large format screens, such as Dolby Cinema, has shown a significant increase. Dolby has observed sustained strong engagement across its content creator, distributor, and device OEM ecosystems, notably in music, sports, cinema, automotive, and mobile sectors.

Dolby Laboratories, Inc. is a global leader in audio, voice, and imaging technologies, specializing in audio noise reduction and audio encoding/compression. The company operates within the Consumer Discretionary sector, specifically in the Audio Video Production industry, licensing its proprietary technologies to manufacturers and content creators. Major products and technologies include Dolby Atmos, Dolby Vision, and Dolby Voice, which aim to revolutionize entertainment and communications across various platforms. The company also designs and manufactures audio and imaging products for film production, cinema, television, broadcast, and other entertainment industries. A significant portion of Dolby's revenue is derived from the licensing of its audio technologies, including branded technologies like Branded Audio Codecs, Dolby Atmos & Dolby Vision, and various audio and imaging patents.

Dolby Laboratories, Inc. is headquartered in San Francisco, California, USA, and maintains a significant global presence with additional offices across the Americas, Asia-Pacific, and EMEA regions. In the United States, Dolby has offices in Burbank, Indianapolis, New York, Sunnyvale, and Atlanta. Internationally, its footprint extends to São Paulo in the Americas; Sydney, Beijing, Shenzhen, Taipei, Chennai, Mumbai, Bangalore, Tokyo, Singapore, and Seoul in Asia-Pacific; and Paris, Berlin, Amsterdam, Wroclaw, Barcelona, Stockholm, Dubai, and London in EMEA. The company operates through distinct United States and International geographical segments.

Dolby Laboratories maintains a strong brand reputation, with its brand being synonymous with high-quality entertainment. The company's commitment to innovation and its deep understanding of the consumer experience have solidified its position as a vital partner in delivering cutting-edge audio and imaging solutions. In the past year, Dolby partnered with the Bay Area Host Committee to deliver immersive fan experiences during the Week of Football's Biggest Game. No specific negative events significantly affecting Dolby Laboratories's reputation in the past year were found.

The ownership structure of Dolby Laboratories is primarily composed of institutional shareholders, who hold 59.74% of the company's stock. Retail investors account for 37.98% ownership, while Dolby Laboratories insiders hold 2.28%. Major institutional owners include Vanguard Group Inc., Morgan Stanley, Blackrock Inc., Bank Of New York Mellon Corp, and State Street Corp. Vanguard Group Inc. is the single largest institutional owner, holding over 7.75 million shares. Kevin J. Yeaman is identified as the largest individual Dolby Laboratories shareholder, owning 614,499 shares, representing 0.64% of the company.