v3.26.1
Operating Segments
9 Months Ended
Jun. 26, 2026
Segment Reporting [Abstract]  
Operating Segments Operating Segments
We operate as a single reportable segment. We derive the majority of our revenue from licensing audio and video technology to electronics manufacturers, and a lesser portion of our revenue by offering premium audio and video technologies to cinema exhibitors. Our CODM is our Chief Executive Officer, who reviews financial information
presented on a consolidated basis to assess performance and allocate resources. Our CODM uses consolidated net income, as reported on the unaudited interim condensed consolidated statements of operations, as the primary measure of segment profit or loss by comparing actual results to the prior year comparative results and any internally or externally set expectations. Our CODM does not assess segment performance or make operating decisions using asset or liability information.
The following table presents selected financial information and significant segment expenses for the periods presented (in thousands):
Fiscal Quarter EndedFiscal Year-To-Date Ended
June 26, 2026June 27, 2025June 26, 2026June 27, 2025
Total revenue $304,995 $315,546 $1,047,331 $1,042,106 
Less:
Cost of licensing (1)
16,128 15,103 47,754 42,474 
Cost of products and services (1) (2)
16,393 21,116 57,033 54,469 
Research and development expense (1) (2)
56,054 56,794 167,407 165,112 
Sales and marketing expense (1) (2)
74,426 75,234 238,511 234,906 
General and administrative expense (1) (2)
63,495 59,904 183,754 174,146 
Restructuring charges3,955 (547)16,605 8,879 
Stock-based compensation30,964 30,728 98,883 97,462 
Amortization of acquisition-related intangibles9,705 10,016 29,285 30,741 
Interest (income)/expense, net(3,453)(4,111)(12,595)(10,316)
Equity method investees’ net income(5,669)(3,727)(14,063)(17,129)
Other income, net (1) (3)
(805)(480)(346)(455)
Income tax expense14,588 8,974 56,754 54,979 
Net income including noncontrolling interest29,214 46,542 178,349 206,838 
Less: net income attributable to noncontrolling interest(612)(471)(1,505)(1,152)
Net income attributable to Dolby Laboratories, Inc.$28,602 $46,071 $176,844 $205,686 
(1)Excludes amortization of acquisition-related intangibles presented separately.
(2)Excludes stock-based compensation expense presented separately.
(3)Excludes our proportional share of net income in our equity method investees presented separately.