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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Essex Property Trust (ESS). Click either name above to swap in a different company.
Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $395.6M, roughly 1.2× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 17.9%, a 6.1% gap on every dollar of revenue. On growth, Dolby Laboratories, Inc. posted the faster year-over-year revenue change (7.1% vs 5.5%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 6.0%).
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.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.
DLB vs ESS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $395.6M | $479.6M |
| Net Profit | $94.9M | $85.7M |
| Gross Margin | 88.7% | 70.0% |
| Operating Margin | 28.5% | 31.7% |
| Net Margin | 24.0% | 17.9% |
| Revenue YoY | 7.1% | 5.5% |
| Net Profit YoY | 3.4% | -71.6% |
| EPS (diluted) | $0.99 | $1.24 |
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.
| Q2 26 | $395.6M | — | ||
| Q1 26 | $346.7M | — | ||
| Q4 25 | $346.7M | $479.6M | ||
| Q3 25 | $307.0M | $473.3M | ||
| Q2 25 | $315.5M | $469.8M | ||
| Q1 25 | $369.6M | $464.6M | ||
| Q4 24 | $357.0M | $454.5M | ||
| Q3 24 | $304.8M | $450.7M |
| Q2 26 | $94.9M | — | ||
| Q1 26 | $53.3M | — | ||
| Q4 25 | $53.3M | $85.7M | ||
| Q3 25 | $49.3M | $172.7M | ||
| Q2 25 | $46.1M | $231.5M | ||
| Q1 25 | $91.8M | $212.8M | ||
| Q4 24 | $67.8M | $301.7M | ||
| Q3 24 | $58.6M | $125.5M |
| Q2 26 | 88.7% | — | ||
| Q1 26 | 87.5% | — | ||
| Q4 25 | 87.5% | 70.0% | ||
| Q3 25 | 87.1% | 69.2% | ||
| Q2 25 | 86.1% | 70.7% | ||
| Q1 25 | 90.3% | 69.6% | ||
| Q4 24 | 88.6% | 70.0% | ||
| Q3 24 | 88.8% | 69.5% |
| Q2 26 | 28.5% | — | ||
| Q1 26 | 17.9% | — | ||
| Q4 25 | 17.9% | 31.7% | ||
| Q3 25 | 9.7% | 44.5% | ||
| Q2 25 | 15.1% | 59.5% | ||
| Q1 25 | 29.2% | 55.3% | ||
| Q4 24 | 22.4% | 67.0% | ||
| Q3 24 | 15.2% | 28.6% |
| Q2 26 | 24.0% | — | ||
| Q1 26 | 15.4% | — | ||
| Q4 25 | 15.4% | 17.9% | ||
| Q3 25 | 16.1% | 36.5% | ||
| Q2 25 | 14.6% | 49.3% | ||
| Q1 25 | 24.8% | 45.8% | ||
| Q4 24 | 19.0% | 66.4% | ||
| Q3 24 | 19.2% | 27.8% |
| Q2 26 | $0.99 | — | ||
| Q1 26 | $0.55 | — | ||
| Q4 25 | $0.55 | $1.24 | ||
| Q3 25 | $0.50 | $2.56 | ||
| Q2 25 | $0.48 | $3.44 | ||
| Q1 25 | $0.94 | $3.16 | ||
| Q4 24 | $0.70 | $4.00 | ||
| Q3 24 | $0.59 | $1.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $594.7M | $76.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $5.5B |
| Total Assets | $3.2B | $13.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $594.7M | — | ||
| Q1 26 | $644.6M | — | ||
| Q4 25 | $644.6M | $76.2M | ||
| Q3 25 | $702.6M | $66.0M | ||
| Q2 25 | $699.3M | $58.7M | ||
| Q1 25 | $626.6M | $98.7M | ||
| Q4 24 | $520.8M | $66.8M | ||
| Q3 24 | $482.0M | $71.3M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.8B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $6.4B |
| Q2 26 | $2.6B | — | ||
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $5.5B | ||
| Q3 25 | $2.6B | $5.6B | ||
| Q2 25 | $2.6B | $5.6B | ||
| Q1 25 | $2.6B | $5.6B | ||
| Q4 24 | $2.5B | $5.5B | ||
| Q3 24 | $2.5B | $5.4B |
| Q2 26 | $3.2B | — | ||
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $13.2B | ||
| Q3 25 | $3.2B | $13.2B | ||
| Q2 25 | $3.2B | $13.2B | ||
| Q1 25 | $3.2B | $13.2B | ||
| Q4 24 | $3.2B | $12.9B | ||
| Q3 24 | $3.1B | $12.6B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.18× |
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 | $147.3M | $1.1B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.55× | 12.53× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $147.3M | — | ||
| Q1 26 | $54.8M | — | ||
| Q4 25 | $54.8M | $1.1B | ||
| Q3 25 | $472.2M | $342.6M | ||
| Q2 25 | $67.7M | $216.1M | ||
| Q1 25 | $174.9M | $281.5M | ||
| Q4 24 | $106.8M | $1.1B | ||
| Q3 24 | $327.3M | $316.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $50.2M | — | ||
| Q3 25 | $435.9M | — | ||
| Q2 25 | $61.3M | — | ||
| Q1 25 | $168.0M | — | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $297.2M | — |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | — | ||
| Q3 25 | 142.0% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 45.5% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 97.5% | — |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | — | ||
| Q3 25 | 11.8% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 9.8% | — |
| Q2 26 | 1.55× | — | ||
| Q1 26 | 1.03× | — | ||
| Q4 25 | 1.03× | 12.53× | ||
| Q3 25 | 9.57× | 1.98× | ||
| Q2 25 | 1.47× | 0.93× | ||
| Q1 25 | 1.91× | 1.32× | ||
| Q4 24 | 1.57× | 3.54× | ||
| Q3 24 | 5.59× | 2.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLB
| Licensing | $372.2M | 94% |
| Products and services | $23.4M | 6% |
ESS
Segment breakdown not available.
