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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and ECARX Holdings Inc. (ECX). Click either name above to swap in a different company.
Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($346.7M vs $323.3M, roughly 1.1× ECARX Holdings Inc.). Dolby Laboratories, Inc. runs the higher net margin — 15.4% vs -21.4%, a 36.7% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs -2.9%). Dolby Laboratories, Inc. produced more free cash flow last quarter ($50.2M vs $-86.5M).
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.
ECARX Holdings Inc. is a global mobility technology provider specializing in integrated smart vehicle solutions, including in-vehicle infotainment systems, advanced driver assistance technologies, and connected car cloud services. It primarily partners with automotive manufacturers across the world, with a strong operational presence in the Chinese and European markets.
DLB vs ECX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $346.7M | $323.3M |
| Net Profit | $53.3M | $-69.1M |
| Gross Margin | 87.5% | 15.5% |
| Operating Margin | 17.9% | -20.2% |
| Net Margin | 15.4% | -21.4% |
| Revenue YoY | -2.9% | 6.5% |
| Net Profit YoY | -21.4% | 12.8% |
| EPS (diluted) | $0.55 | $-0.20 |
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.
| Q4 25 | $346.7M | — | ||
| Q3 25 | $307.0M | — | ||
| Q2 25 | $315.5M | $323.3M | ||
| Q1 25 | $369.6M | — | ||
| Q4 24 | $357.0M | — | ||
| Q3 24 | $304.8M | — | ||
| Q2 24 | $288.8M | $303.5M | ||
| Q1 24 | $364.5M | — |
| Q4 25 | $53.3M | — | ||
| Q3 25 | $49.3M | — | ||
| Q2 25 | $46.1M | $-69.1M | ||
| Q1 25 | $91.8M | — | ||
| Q4 24 | $67.8M | — | ||
| Q3 24 | $58.6M | — | ||
| Q2 24 | $38.4M | $-79.2M | ||
| Q1 24 | $97.8M | — |
| Q4 25 | 87.5% | — | ||
| Q3 25 | 87.1% | — | ||
| Q2 25 | 86.1% | 15.5% | ||
| Q1 25 | 90.3% | — | ||
| Q4 24 | 88.6% | — | ||
| Q3 24 | 88.8% | — | ||
| Q2 24 | 87.7% | 22.6% | ||
| Q1 24 | 89.4% | — |
| Q4 25 | 17.9% | — | ||
| Q3 25 | 9.7% | — | ||
| Q2 25 | 15.1% | -20.2% | ||
| Q1 25 | 29.2% | — | ||
| Q4 24 | 22.4% | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 12.7% | -22.2% | ||
| Q1 24 | 29.9% | — |
| Q4 25 | 15.4% | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 14.6% | -21.4% | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 19.0% | — | ||
| Q3 24 | 19.2% | — | ||
| Q2 24 | 13.3% | -26.1% | ||
| Q1 24 | 26.8% | — |
| Q4 25 | $0.55 | — | ||
| Q3 25 | $0.50 | — | ||
| Q2 25 | $0.48 | $-0.20 | ||
| Q1 25 | $0.94 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $0.59 | — | ||
| Q2 24 | $0.40 | $-0.23 | ||
| Q1 24 | $1.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $644.6M | $86.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $-293.7M |
| Total Assets | $3.2B | $494.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $644.6M | — | ||
| Q3 25 | $702.6M | — | ||
| Q2 25 | $699.3M | $86.2M | ||
| Q1 25 | $626.6M | — | ||
| Q4 24 | $520.8M | — | ||
| Q3 24 | $482.0M | — | ||
| Q2 24 | $869.0M | $108.4M | ||
| Q1 24 | $825.4M | — |
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | $-293.7M | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.4B | $-198.5M | ||
| Q1 24 | $2.4B | — |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.2B | $494.9M | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.0B | $555.0M | ||
| Q1 24 | $3.0B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $54.8M | $-82.0M |
| Free Cash FlowOCF − Capex | $50.2M | $-86.5M |
| FCF MarginFCF / Revenue | 14.5% | -26.7% |
| Capex IntensityCapex / Revenue | 1.3% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $715.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | — | ||
| Q3 25 | $472.2M | — | ||
| Q2 25 | $67.7M | $-82.0M | ||
| Q1 25 | $174.9M | — | ||
| Q4 24 | $106.8M | — | ||
| Q3 24 | $327.3M | — | ||
| Q2 24 | $21.3M | $-57.1M | ||
| Q1 24 | $181.4M | — |
| Q4 25 | $50.2M | — | ||
| Q3 25 | $435.9M | — | ||
| Q2 25 | $61.3M | $-86.5M | ||
| Q1 25 | $168.0M | — | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $297.2M | — | ||
| Q2 24 | $13.7M | $-64.9M | ||
| Q1 24 | $172.5M | — |
| Q4 25 | 14.5% | — | ||
| Q3 25 | 142.0% | — | ||
| Q2 25 | 19.4% | -26.7% | ||
| Q1 25 | 45.5% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 97.5% | — | ||
| Q2 24 | 4.7% | -21.4% | ||
| Q1 24 | 47.3% | — |
| Q4 25 | 1.3% | — | ||
| Q3 25 | 11.8% | — | ||
| Q2 25 | 2.0% | 1.4% | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 2.6% | 2.6% | ||
| Q1 24 | 2.4% | — |
| Q4 25 | 1.03× | — | ||
| Q3 25 | 9.57× | — | ||
| Q2 25 | 1.47× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | 1.57× | — | ||
| Q3 24 | 5.59× | — | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 1.85× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLB
| Licensing Brodcast Revenue | $100.3M | 29% |
| Licensing Mobile Revenue | $74.9M | 22% |
| Licensing Other Revenue | $70.2M | 20% |
| Licensing CE Revenue | $45.6M | 13% |
| Licensing PC Revenue | $28.7M | 8% |
| Products And Services | $26.9M | 8% |
ECX
Segment breakdown not available.
