Dolby Laboratories, Inc. (DLB) quarterly cash flow statement — complete operating, investing & financing history
Dolby Laboratories, Inc. (DLB) cash flow statement — 23-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 167.46M | 92.51M | 54.8M | 122.83M | 67.69M | 174.9M | 106.78M | 116.17M | 21.26M | 181.41M | 8.41M | 85.02M | 121.13M | 104.54M | 56.4M | 51.31M | 172.61M | 63M | 31.66M | 109.77M |
| Operating CF Margin % | 54.91% | 23.38% | 15.81% | 40.01% | 21.45% | 47.33% | 29.91% | 38.11% | 7.36% | 49.77% | 2.66% | 29.26% | 40.6% | 27.81% | 16.84% | 18.44% | 59.61% | 18.84% | 9% | 38.51% |
| Operating CF Growth % | 147.39% | -47.11% | -48.68% | 5.73% | 218.34% | -3.59% | 1169.82% | 36.65% | -82.45% | 73.53% | -85.09% | 65.69% | -29.82% | 65.94% | 78.13% | -53.26% | 0.15% | -24.52% | -61.47% | -2.56% |
| Net Income | 29.21M | 94.92M | 53.68M | 49.65M | 46.54M | 92.23M | 68.07M | 58.87M | 39.66M | 98.21M | 67.58M | 9.91M | 16.41M | 95.88M | 79.45M | 27.76M | 39.61M | 36.52M | 80.01M | 44.23M |
| Depreciation & Amortization | 25.07M | 26.85M | 26.81M | 24.57M | 24.4M | 24.43M | 25.2M | 24.38M | 21.21M | 20.78M | 20.96M | 24.26M | 24.3M | 24.59M | 22.36M | 22.57M | 27.25M | 26.36M | 27.42M | 42.06M |
| Stock-Based Compensation | 30.96M | 0 | 37.21M | 31.05M | 30.73M | 30.66M | 36.07M | 29.68M | 29.34M | 28.91M | 31.89M | 28.2M | 29.22M | 29.83M | 31.24M | 26.96M | 27.61M | 27.7M | 32.66M | 24.14M |
| Deferred Taxes | -3.67M | 5.2M | 16K | 14.13M | -5.41M | 3.57M | -7.31M | -3.6M | -11.23M | -1.38M | -5.4M | 3.32M | -2.11M | -11.29M | -8.26M | -322K | -9.78M | -10.36M | -9M | -10.57M |
| Other Non-Cash Items | -4.66M | 37.64M | -6.37M | 15.59M | -3.09M | -9.55M | -2.33M | -4.85M | -5.44M | -970K | -4.74M | 14.05M | 4.17M | -2.04M | -4.42M | 976K | -2.68M | 2.05M | 1.51M | -4.16M |
| Working Capital Changes | 90.55M | -72.09M | -56.55M | -12.17M | -25.48M | 33.56M | -12.92M | 11.7M | -52.27M | 35.85M | -101.89M | 5.29M | 49.13M | -32.43M | -63.98M | -26.64M | 90.59M | -19.28M | -100.94M | 14.08M |
| Change in Receivables | 137.6M | -61.78M | -102.78M | -10.12M | 41.62M | 14.78M | -48.06M | -7.71M | 49.56M | -15.18M | -64.33M | 14.69M | 170.37M | -51.94M | -85M | -14.62M | 79.55M | -18.56M | -54.39M | 29.06M |
| Change in Inventory | 2.66M | 2.97M | 879K | 4M | 5.17M | -2.5M | 1.34M | 1.96M | 3.22M | 1.46M | -9.3M | -10.8M | 2.3M | -4.23M | -501K | 472K | -7.19M | -3.23M | -1.82M | 2.33M |
| Change in Payables | 0 | 39.3M | 0 | 71.83M | -76.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.44M | -34.03M | 12.44M |
| Cash from Investing | -9.79M | -46.09M | 1.25M | -21.91M | -6.43M | 25.89M | -8.14M | -261.31M | -7.74M | -17.87M | 633K | -19.71M | 22.03M | 23.59M | 28.3M | -40.72M | -8.16M | -120.94M | -126.11M | -14.96M |
| Capital Expenditures | -14.99M | -9.06M | -4.63M | -16.24M | -6.43M | -6.9M | -6.78M | -7.38M | -7.61M | -8.92M | -6.1M | -8.19M | -7.41M | -7.52M | -7.22M | -10.71M | -11.16M | -11.6M | -14.45M | -11.84M |
| CapEx % of Revenue | 4.92% | 2.29% | 1.33% | 5.29% | 2.04% | 1.87% | 1.9% | 2.42% | 2.64% | 2.45% | 1.93% | 2.82% | 2.48% | 2% | 2.15% | 3.85% | 3.86% | 3.47% | 4.11% | 4.15% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -1.36M | -487.88M | 0 | 0 | 0 | 0 | 25.7M | 0 | 0 | 0 | -769K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 5.2M | -37.02M | 5.87M | -5.59M | 0 | 16.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37.5M | -11.43M | -4.5M |
| Cash from Financing | -91.02M | -99.88M | -121.83M | -64.06M | -60.74M | -64.87M | -57.57M | -60.12M | -58.4M | -44.16M | -125.14M | -42.8M | -36.83M | -67.1M | -90.09M | -242.43M | -197.87M | -97.42M | -72.84M | -86.86M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -56.5M | -63.96M | -86.95M | -32.07M | -28.64M | -32.54M | -25.28M | -20.93M | -26.23M | -16.17M | -95.54M | -16.98M | -10.98M | -41.22M | -63.46M | -218.18M | -172.74M | -72.02M | -46.12M | -64.58M |
| Dividends Paid | -33.98M | -34.34M | -34.34M | -31.59M | -31.63M | -31.83M | -31.55M | -28.61M | -28.7M | -28.72M | -28.55M | -25.82M | -25.84M | -25.87M | -25.87M | -24.25M | -25.14M | -25.4M | -25.28M | -22.29M |
| Share Repurchases | -65.89M | -65M | -101.2M | -37.08M | -41.2M | -36.51M | -47.44M | -21.65M | -36.37M | -26.49M | -114.56M | -27.52M | -26.82M | -51.66M | -74.41M | -222.42M | -191.27M | -85.71M | -67.49M | -97.52M |
| Other Financing | -534K | -1.58M | -547K | -398K | -468K | -502K | -740K | -10.58M | -3.46M | 722K | -1.05M | 0 | 0 | 0 | -766K | 0 | 0 | 0 | -1.44M | 0 |
| Net Change in Cash | 65.08M | -53.76M | -65.8M | 36.8M | 6.22M | 138.69M | 33.91M | -200.87M | -45.73M | 115.7M | -109.31M | 18.81M | 105.74M | 61.94M | 3.11M | -238.89M | -41.58M | -155.59M | -168.6M | 5.78M |
| Free Cash Flow | 147.67M | 46.42M | 49.42M | 100.99M | 61.26M | 168M | 100M | 108.79M | 13.65M | 172.49M | 2.31M | 76.83M | 113.72M | 97.02M | 49.18M | 40.6M | 161.44M | 51.3M | 5.78M | 97.94M |
| FCF Margin % | 48.42% | 11.73% | 14.25% | 32.89% | 19.41% | 45.46% | 28.01% | 35.69% | 4.73% | 47.32% | 0.73% | 26.44% | 38.11% | 25.81% | 14.68% | 14.59% | 55.75% | 15.34% | 1.64% | 34.36% |
| FCF Growth % | 141.04% | -72.37% | -50.58% | -7.17% | 348.78% | -2.6% | 4229% | 41.6% | -88% | 77.79% | -95.3% | 89.24% | -29.56% | 89.13% | 750.54% | -58.55% | 1.78% | -26.83% | -91.32% | -4.19% |
| FCF per Share | 1.56 | 0.49 | 0.51 | 1.04 | 0.63 | 1.72 | 1.03 | 1.13 | 0.14 | 1.78 | 0.02 | 0.79 | 1.17 | 1.00 | 0.51 | 0.41 | 1.59 | 0.50 | 0.06 | 0.94 |
| FCF Conversion (FCF/Net Income) | 5.85x | 0.97x | 1.03x | 2.49x | 1.47x | 1.91x | 1.57x | 1.98x | 0.55x | 1.85x | 0.13x | 9.25x | 7.39x | 1.09x | 0.71x | 1.85x | 4.36x | 1.72x | 0.40x | 2.48x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
| Taxes Paid | 13.67M | 0 | 11.65M | -58.52M | 14.97M | 32.94M | 10.61M | 12.45M | 12.18M | 26.82M | 11.76M | 21.02M | 12.99M | 14.84M | 12.63M | 10.33M | 6M | 14.55M | 9.47M | 25.02M |