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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $273.0M, roughly 1.4× Forestar Group Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 5.6%, a 18.3% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs -9.6%).
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.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
DLB vs FOR — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $395.6M | $273.0M |
| Net Profit | $94.9M | $15.4M |
| Gross Margin | 88.7% | 20.1% |
| Operating Margin | 28.5% | 7.6% |
| Net Margin | 24.0% | 5.6% |
| Revenue YoY | 7.1% | 9.0% |
| Net Profit YoY | 3.4% | -6.7% |
| EPS (diluted) | $0.99 | $0.30 |
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 | $273.0M | ||
| Q3 25 | $307.0M | $670.5M | ||
| Q2 25 | $315.5M | $390.5M | ||
| Q1 25 | $369.6M | $351.0M | ||
| Q4 24 | $357.0M | $250.4M | ||
| Q3 24 | $304.8M | $551.3M |
| Q2 26 | $94.9M | — | ||
| Q1 26 | $53.3M | — | ||
| Q4 25 | $53.3M | $15.4M | ||
| Q3 25 | $49.3M | $86.9M | ||
| Q2 25 | $46.1M | $32.9M | ||
| Q1 25 | $91.8M | $31.6M | ||
| Q4 24 | $67.8M | $16.5M | ||
| Q3 24 | $58.6M | $81.5M |
| Q2 26 | 88.7% | — | ||
| Q1 26 | 87.5% | — | ||
| Q4 25 | 87.5% | 20.1% | ||
| Q3 25 | 87.1% | 22.3% | ||
| Q2 25 | 86.1% | 20.4% | ||
| Q1 25 | 90.3% | 22.6% | ||
| Q4 24 | 88.6% | 22.0% | ||
| Q3 24 | 88.8% | 23.9% |
| Q2 26 | 28.5% | — | ||
| Q1 26 | 17.9% | — | ||
| Q4 25 | 17.9% | 7.6% | ||
| Q3 25 | 9.7% | 16.9% | ||
| Q2 25 | 15.1% | 11.2% | ||
| Q1 25 | 29.2% | 11.6% | ||
| Q4 24 | 22.4% | 8.7% | ||
| Q3 24 | 15.2% | 19.7% |
| Q2 26 | 24.0% | — | ||
| Q1 26 | 15.4% | — | ||
| Q4 25 | 15.4% | 5.6% | ||
| Q3 25 | 16.1% | 13.0% | ||
| Q2 25 | 14.6% | 8.4% | ||
| Q1 25 | 24.8% | 9.0% | ||
| Q4 24 | 19.0% | 6.6% | ||
| Q3 24 | 19.2% | 14.8% |
| Q2 26 | $0.99 | — | ||
| Q1 26 | $0.55 | — | ||
| Q4 25 | $0.55 | $0.30 | ||
| Q3 25 | $0.50 | $1.70 | ||
| Q2 25 | $0.48 | $0.65 | ||
| Q1 25 | $0.94 | $0.62 | ||
| Q4 24 | $0.70 | $0.32 | ||
| Q3 24 | $0.59 | $1.59 |
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 | $211.7M |
| Total DebtLower is stronger | — | $793.2M |
| Stockholders' EquityBook value | $2.6B | $1.8B |
| Total Assets | $3.2B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $594.7M | — | ||
| Q1 26 | $644.6M | — | ||
| Q4 25 | $644.6M | $211.7M | ||
| Q3 25 | $702.6M | $379.2M | ||
| Q2 25 | $699.3M | $189.2M | ||
| Q1 25 | $626.6M | $174.3M | ||
| Q4 24 | $520.8M | $132.0M | ||
| Q3 24 | $482.0M | $481.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M |
| Q2 26 | $2.6B | — | ||
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $1.8B | ||
| Q3 25 | $2.6B | $1.8B | ||
| Q2 25 | $2.6B | $1.7B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.5B | $1.6B |
| Q2 26 | $3.2B | — | ||
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $3.2B | ||
| Q3 25 | $3.2B | $3.1B | ||
| Q2 25 | $3.2B | $3.1B | ||
| Q1 25 | $3.2B | $3.0B | ||
| Q4 24 | $3.2B | $3.0B | ||
| Q3 24 | $3.1B | $2.8B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× |
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 | $-157.0M |
| Free Cash FlowOCF − Capex | — | $-157.1M |
| FCF MarginFCF / Revenue | — | -57.5% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | 1.55× | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $147.3M | — | ||
| Q1 26 | $54.8M | — | ||
| Q4 25 | $54.8M | $-157.0M | ||
| Q3 25 | $472.2M | $256.3M | ||
| Q2 25 | $67.7M | $15.8M | ||
| Q1 25 | $174.9M | $-19.8M | ||
| Q4 24 | $106.8M | $-450.0M | ||
| Q3 24 | $327.3M | $119.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $50.2M | $-157.1M | ||
| Q3 25 | $435.9M | $255.6M | ||
| Q2 25 | $61.3M | $15.0M | ||
| Q1 25 | $168.0M | $-20.5M | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $297.2M | $118.4M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | -57.5% | ||
| Q3 25 | 142.0% | 38.1% | ||
| Q2 25 | 19.4% | 3.8% | ||
| Q1 25 | 45.5% | -5.8% | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 97.5% | 21.5% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 0.0% | ||
| Q3 25 | 11.8% | 0.1% | ||
| Q2 25 | 2.0% | 0.2% | ||
| Q1 25 | 1.9% | 0.2% | ||
| Q4 24 | 1.9% | 0.0% | ||
| Q3 24 | 9.8% | 0.1% |
| Q2 26 | 1.55× | — | ||
| Q1 26 | 1.03× | — | ||
| Q4 25 | 1.03× | -10.19× | ||
| Q3 25 | 9.57× | 2.95× | ||
| Q2 25 | 1.47× | 0.48× | ||
| Q1 25 | 1.91× | -0.63× | ||
| Q4 24 | 1.57× | -27.27× | ||
| Q3 24 | 5.59× | 1.46× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |