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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Distribution Solutions Group, Inc. (DSGR). Click either name above to swap in a different company.

Distribution Solutions Group, Inc. is the larger business by last-quarter revenue ($518.0M vs $395.6M, roughly 1.3× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 1.2%, a 22.7% gap on every dollar of revenue. On growth, Distribution Solutions Group, Inc. posted the faster year-over-year revenue change (10.7% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 13.1%).

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.

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

DLB vs DSGR — Head-to-Head

Bigger by revenue
DSGR
DSGR
1.3× larger
DSGR
$518.0M
$395.6M
DLB
Growing faster (revenue YoY)
DSGR
DSGR
+3.6% gap
DSGR
10.7%
7.1%
DLB
Higher net margin
DLB
DLB
22.7% more per $
DLB
24.0%
1.2%
DSGR
Faster 2-yr revenue CAGR
DLB
DLB
Annualised
DLB
13.9%
13.1%
DSGR

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
DLB
DLB
DSGR
DSGR
Revenue
$395.6M
$518.0M
Net Profit
$94.9M
$6.5M
Gross Margin
88.7%
32.9%
Operating Margin
28.5%
4.6%
Net Margin
24.0%
1.2%
Revenue YoY
7.1%
10.7%
Net Profit YoY
3.4%
-70.6%
EPS (diluted)
$0.99
$0.14

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
DLB
DLB
DSGR
DSGR
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
Q3 25
$307.0M
$518.0M
Q2 25
$315.5M
$502.4M
Q1 25
$369.6M
$478.0M
Q4 24
$357.0M
$480.5M
Q3 24
$304.8M
$468.0M
Net Profit
DLB
DLB
DSGR
DSGR
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
Q3 25
$49.3M
$6.5M
Q2 25
$46.1M
$5.0M
Q1 25
$91.8M
$3.3M
Q4 24
$67.8M
$-25.9M
Q3 24
$58.6M
$21.9M
Gross Margin
DLB
DLB
DSGR
DSGR
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
Q3 25
87.1%
32.9%
Q2 25
86.1%
33.9%
Q1 25
90.3%
34.3%
Q4 24
88.6%
33.3%
Q3 24
88.8%
33.9%
Operating Margin
DLB
DLB
DSGR
DSGR
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
Q3 25
9.7%
4.6%
Q2 25
15.1%
5.3%
Q1 25
29.2%
4.2%
Q4 24
22.4%
4.2%
Q3 24
15.2%
4.0%
Net Margin
DLB
DLB
DSGR
DSGR
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
Q3 25
16.1%
1.2%
Q2 25
14.6%
1.0%
Q1 25
24.8%
0.7%
Q4 24
19.0%
-5.4%
Q3 24
19.2%
4.7%
EPS (diluted)
DLB
DLB
DSGR
DSGR
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
Q3 25
$0.50
$0.14
Q2 25
$0.48
$0.11
Q1 25
$0.94
$0.07
Q4 24
$0.70
$-0.55
Q3 24
$0.59
$0.46

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
DSGR
DSGR
Cash + ST InvestmentsLiquidity on hand
$594.7M
$69.2M
Total DebtLower is stronger
$665.5M
Stockholders' EquityBook value
$2.6B
$653.9M
Total Assets
$3.2B
$1.8B
Debt / EquityLower = less leverage
1.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
DSGR
DSGR
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
Q3 25
$702.6M
$69.2M
Q2 25
$699.3M
$47.4M
Q1 25
$626.6M
$65.4M
Q4 24
$520.8M
$66.5M
Q3 24
$482.0M
$61.3M
Total Debt
DLB
DLB
DSGR
DSGR
Q2 26
Q1 26
Q4 25
Q3 25
$665.5M
Q2 25
$675.0M
Q1 25
$712.4M
Q4 24
$693.9M
Q3 24
$704.1M
Stockholders' Equity
DLB
DLB
DSGR
DSGR
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
Q3 25
$2.6B
$653.9M
Q2 25
$2.6B
$649.4M
Q1 25
$2.6B
$636.7M
Q4 24
$2.5B
$640.5M
Q3 24
$2.5B
$680.8M
Total Assets
DLB
DLB
DSGR
DSGR
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
$1.8B
Q2 25
$3.2B
$1.8B
Q1 25
$3.2B
$1.8B
Q4 24
$3.2B
$1.7B
Q3 24
$3.1B
$1.8B
Debt / Equity
DLB
DLB
DSGR
DSGR
Q2 26
Q1 26
Q4 25
Q3 25
1.02×
Q2 25
1.04×
Q1 25
1.12×
Q4 24
1.08×
Q3 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
DLB
DLB
DSGR
DSGR
Operating Cash FlowLast quarter
$147.3M
$38.4M
Free Cash FlowOCF − Capex
$32.9M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.55×
5.95×
TTM Free Cash FlowTrailing 4 quarters
$92.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
DSGR
DSGR
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
Q3 25
$472.2M
$38.4M
Q2 25
$67.7M
$33.3M
Q1 25
$174.9M
$-4.8M
Q4 24
$106.8M
$45.7M
Q3 24
$327.3M
$-17.3M
Free Cash Flow
DLB
DLB
DSGR
DSGR
Q2 26
Q1 26
Q4 25
$50.2M
Q3 25
$435.9M
$32.9M
Q2 25
$61.3M
$28.7M
Q1 25
$168.0M
$-10.4M
Q4 24
$100.0M
$41.1M
Q3 24
$297.2M
$-20.5M
FCF Margin
DLB
DLB
DSGR
DSGR
Q2 26
Q1 26
Q4 25
14.5%
Q3 25
142.0%
6.3%
Q2 25
19.4%
5.7%
Q1 25
45.5%
-2.2%
Q4 24
28.0%
8.6%
Q3 24
97.5%
-4.4%
Capex Intensity
DLB
DLB
DSGR
DSGR
Q2 26
Q1 26
Q4 25
1.3%
Q3 25
11.8%
1.1%
Q2 25
2.0%
0.9%
Q1 25
1.9%
1.2%
Q4 24
1.9%
1.0%
Q3 24
9.8%
0.7%
Cash Conversion
DLB
DLB
DSGR
DSGR
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
Q3 25
9.57×
5.95×
Q2 25
1.47×
6.66×
Q1 25
1.91×
-1.46×
Q4 24
1.57×
Q3 24
5.59×
-0.79×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DLB
DLB

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

DSGR
DSGR

Test Equity Segment$206.5M40%
Gexpro Services Segment$130.5M25%
Lawson Segment$121.5M23%
Canada Branch Division Segment$60.0M12%

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