The mixed quarter with revenue decline and EPS beat creates uncertainty. Monitor Q4 guidance execution, particularly licensing revenue recovery toward the $362M-$392M range. The $350M buyback authorization increase signals management confidence and may support the stock near current levels.
Price Chart
Executive Summary
Dolby Laboratories reported Q3 fiscal 2026 non-GAAP EPS of $0.69, beating the $0.67 consensus by 3%, but revenue of $305M missed the $312M estimate and declined 3.5% YoY. GAAP net income fell to $0.30 per share from $0.48 a year ago. The company increased its stock repurchase authorization by $350M and guided Q4 revenue of $362M-$392M with non-GAAP EPS of $1.13-$1.28.
Key Financial Metrics
Key Facts
- Q3 FY2026 revenue $305M vs $316M YoY (-3.5%)
- Non-GAAP EPS $0.69 vs consensus $0.67 (beat ~3%)
- GAAP EPS $0.30 vs $0.48 YoY
- Licensing revenue $282.4M vs $289.9M YoY (-2.6%)
- Stock repurchase authorization increased by $350M to ~$427M available
- Q4 FY2026 guidance: revenue $362M-$392M, non-GAAP EPS $1.13-$1.28
- Full year FY2026 guidance: revenue $1.41B-$1.44B, non-GAAP EPS $4.25-$4.40
- Restructuring charges of $3.955M in the quarter
Financial Impact
Revenue miss of ~$7M vs consensus and YoY decline of $11M; non-GAAP EPS beat by $0.02; buyback increase of $350M provides downside support
Risk Factors
- Revenue decline YoY and licensing revenue contraction
- Macroeconomic uncertainty and trade restrictions impacting consumer electronics demand
- Restructuring charges may indicate ongoing cost pressures
- GAAP profitability declining faster than non-GAAP
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302839283 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | SC 13G/A | $63.28 | awaiting T+20 | — | $63.08 (−0.32%) |
Oct 12, 2026 14d ago | Press Release | $58.07 | awaiting T+20 | — | $63.08 (+8.63%) |
Sep 3, 2026 7w ago | Insider Cluster | $61.96 $59.36 | ▼ −4.20% | ▼ −4.80% | $63.08 (+1.81%) |
Aug 27, 2026 8w ago | 8-K | $62.41 $57.56 | ▼ −7.77% | ▼ −7.26% | $63.08 (+1.07%) |
Aug 18, 2026 9w ago | Insider Cluster | $62.70 $57.47 | ▼ −8.34% | ▼ −7.50% | $63.08 (+0.61%) |
Aug 12, 2026 10w ago | Insider Cluster | $62.37 $64.48 | ▲ +3.38% | ▲ +5.13% | $63.08 (+1.14%) |
Jul 30, 2026 12w ago | Press Release | $58.81 $61.50 | ▲ +4.57% | ▲ +1.59% | $63.08 (+7.26%) |
May 27, 2026 21w ago | Insider Cluster | $55.26 $53.49 | ▼ −3.20% | ▼ −0.06% | $63.08 (+14.15%) |
May 19, 2026 22w ago | Insider Cluster | $54.12 $52.33 | ▼ −3.31% | ▼ −4.05% | $63.08 (+16.56%) |
May 5, 2026 25w ago | Insider Cluster | $58.67 $55.61 | ▼ −5.22% | ▼ −10.17% | $63.08 (+7.51%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers