$DLB (DOLBY LABORATORIES) — Q3 FY26

Dolby reported Q3 non-GAAP EPS of $0.69, a $0.01 beat vs consensus, though down 11.5% YoY. Revenue of $305M missed estimates and fell 3.5% YoY, with guidance implying a cautious Q4. The top-line miss was driven by lower licensing revenue from consumer electronics, partially offset by growth in Dolby Atmos/Vision adoption across live sports, automotive, and mobile.

Dolby reported Q3 non-GAAP EPS of $0.69, a $0.01 beat vs consensus, though down 11.5% YoY. Revenue of $305M missed estimates and fell 3.5% YoY, with guidance implying a cautious Q4. The top-line miss was driven by lower licensing revenue from consumer electronics, partially offset by growth in Dolby Atmos/Vision adoption across live sports, automotive, and mobile.