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Side-by-side financial comparison of Alto Ingredients, Inc. (ALTO) and Dolby Laboratories, Inc. (DLB). Click either name above to swap in a different company.

Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $232.0M, roughly 1.7× Alto Ingredients, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 9.4%, a 14.6% gap on every dollar of revenue. On growth, Dolby Laboratories, Inc. posted the faster year-over-year revenue change (7.1% vs -1.9%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs -1.8%).

Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organizati...

Dolby Laboratories, Inc. is an American technology corporation specializing in audio noise reduction, audio encoding/compression, spatial audio, and high-dynamic-range television (HDR) imaging. Dolby licenses its technologies to consumer electronics manufacturers.

ALTO vs DLB — Head-to-Head

Bigger by revenue
DLB
DLB
1.7× larger
DLB
$395.6M
$232.0M
ALTO
Growing faster (revenue YoY)
DLB
DLB
+8.9% gap
DLB
7.1%
-1.9%
ALTO
Higher net margin
DLB
DLB
14.6% more per $
DLB
24.0%
9.4%
ALTO
Faster 2-yr revenue CAGR
DLB
DLB
Annualised
DLB
13.9%
-1.8%
ALTO

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ALTO
ALTO
DLB
DLB
Revenue
$232.0M
$395.6M
Net Profit
$21.8M
$94.9M
Gross Margin
6.5%
88.7%
Operating Margin
3.2%
28.5%
Net Margin
9.4%
24.0%
Revenue YoY
-1.9%
7.1%
Net Profit YoY
152.3%
3.4%
EPS (diluted)
$0.28
$0.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALTO
ALTO
DLB
DLB
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$232.0M
$346.7M
Q3 25
$241.0M
$307.0M
Q2 25
$218.4M
$315.5M
Q1 25
$226.5M
$369.6M
Q4 24
$236.3M
$357.0M
Q3 24
$251.8M
$304.8M
Net Profit
ALTO
ALTO
DLB
DLB
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$21.8M
$53.3M
Q3 25
$14.2M
$49.3M
Q2 25
$-11.0M
$46.1M
Q1 25
$-11.7M
$91.8M
Q4 24
$-41.7M
$67.8M
Q3 24
$-2.4M
$58.6M
Gross Margin
ALTO
ALTO
DLB
DLB
Q2 26
88.7%
Q1 26
87.5%
Q4 25
6.5%
87.5%
Q3 25
9.7%
87.1%
Q2 25
-0.9%
86.1%
Q1 25
-0.8%
90.3%
Q4 24
-0.6%
88.6%
Q3 24
2.4%
88.8%
Operating Margin
ALTO
ALTO
DLB
DLB
Q2 26
28.5%
Q1 26
17.9%
Q4 25
3.2%
17.9%
Q3 25
7.0%
9.7%
Q2 25
-3.7%
15.1%
Q1 25
-4.0%
29.2%
Q4 24
-16.6%
22.4%
Q3 24
-0.3%
15.2%
Net Margin
ALTO
ALTO
DLB
DLB
Q2 26
24.0%
Q1 26
15.4%
Q4 25
9.4%
15.4%
Q3 25
5.9%
16.1%
Q2 25
-5.0%
14.6%
Q1 25
-5.2%
24.8%
Q4 24
-17.6%
19.0%
Q3 24
-1.0%
19.2%
EPS (diluted)
ALTO
ALTO
DLB
DLB
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.28
$0.55
Q3 25
$0.19
$0.50
Q2 25
$-0.15
$0.48
Q1 25
$-0.16
$0.94
Q4 24
$-0.56
$0.70
Q3 24
$-0.04
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALTO
ALTO
DLB
DLB
Cash + ST InvestmentsLiquidity on hand
$23.4M
$594.7M
Total DebtLower is stronger
$84.6M
Stockholders' EquityBook value
$245.2M
$2.6B
Total Assets
$388.8M
$3.2B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTO
ALTO
DLB
DLB
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$23.4M
$644.6M
Q3 25
$32.5M
$702.6M
Q2 25
$29.8M
$699.3M
Q1 25
$26.8M
$626.6M
Q4 24
$35.5M
$520.8M
Q3 24
$33.6M
$482.0M
Total Debt
ALTO
ALTO
DLB
DLB
Q2 26
Q1 26
Q4 25
$84.6M
Q3 25
$106.0M
Q2 25
$124.2M
Q1 25
$117.0M
Q4 24
$99.7M
Q3 24
$90.6M
Stockholders' Equity
ALTO
ALTO
DLB
DLB
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$245.2M
$2.6B
Q3 25
$222.4M
$2.6B
Q2 25
$207.8M
$2.6B
Q1 25
$213.9M
$2.6B
Q4 24
$225.1M
$2.5B
Q3 24
$263.9M
$2.5B
Total Assets
ALTO
ALTO
DLB
DLB
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$388.8M
$3.2B
Q3 25
$388.5M
$3.2B
Q2 25
$393.1M
$3.2B
Q1 25
$402.2M
$3.2B
Q4 24
$401.4M
$3.2B
Q3 24
$417.4M
$3.1B
Debt / Equity
ALTO
ALTO
DLB
DLB
Q2 26
Q1 26
Q4 25
0.34×
Q3 25
0.48×
Q2 25
0.60×
Q1 25
0.55×
Q4 24
0.44×
Q3 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALTO
ALTO
DLB
DLB
Operating Cash FlowLast quarter
$9.5M
$147.3M
Free Cash FlowOCF − Capex
$7.6M
FCF MarginFCF / Revenue
3.3%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.44×
1.55×
TTM Free Cash FlowTrailing 4 quarters
$8.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTO
ALTO
DLB
DLB
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$9.5M
$54.8M
Q3 25
$22.8M
$472.2M
Q2 25
$-848.0K
$67.7M
Q1 25
$-18.2M
$174.9M
Q4 24
$-9.8M
$106.8M
Q3 24
$18.6M
$327.3M
Free Cash Flow
ALTO
ALTO
DLB
DLB
Q2 26
Q1 26
Q4 25
$7.6M
$50.2M
Q3 25
$21.2M
$435.9M
Q2 25
$-1.3M
$61.3M
Q1 25
$-18.8M
$168.0M
Q4 24
$-11.1M
$100.0M
Q3 24
$18.1M
$297.2M
FCF Margin
ALTO
ALTO
DLB
DLB
Q2 26
Q1 26
Q4 25
3.3%
14.5%
Q3 25
8.8%
142.0%
Q2 25
-0.6%
19.4%
Q1 25
-8.3%
45.5%
Q4 24
-4.7%
28.0%
Q3 24
7.2%
97.5%
Capex Intensity
ALTO
ALTO
DLB
DLB
Q2 26
Q1 26
Q4 25
0.8%
1.3%
Q3 25
0.7%
11.8%
Q2 25
0.2%
2.0%
Q1 25
0.2%
1.9%
Q4 24
0.5%
1.9%
Q3 24
0.2%
9.8%
Cash Conversion
ALTO
ALTO
DLB
DLB
Q2 26
1.55×
Q1 26
1.03×
Q4 25
0.44×
1.03×
Q3 25
1.60×
9.57×
Q2 25
1.47×
Q1 25
1.91×
Q4 24
1.57×
Q3 24
5.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALTO
ALTO

Pekin Campus Production$105.1M45%
Total Marketing And Distribution Sales$57.9M25%
Marketing And Distributions$55.6M24%
Other$11.2M5%
Kodiak Carbonic LLC$2.1M1%

DLB
DLB

Licensing$372.2M94%
Products and services$23.4M6%

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