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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.
Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $336.0M, roughly 1.2× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 24.0%, a 14.6% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 6.5%).
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.
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
DLB vs FRT — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $395.6M | $336.0M |
| Net Profit | $94.9M | $129.7M |
| Gross Margin | 88.7% | — |
| Operating Margin | 28.5% | 53.8% |
| Net Margin | 24.0% | 38.6% |
| Revenue YoY | 7.1% | 8.7% |
| Net Profit YoY | 3.4% | 103.5% |
| EPS (diluted) | $0.99 | $1.49 |
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 | $336.0M | ||
| Q4 25 | $346.7M | $336.0M | ||
| Q3 25 | $307.0M | $322.3M | ||
| Q2 25 | $315.5M | $311.5M | ||
| Q1 25 | $369.6M | $309.2M | ||
| Q4 24 | $357.0M | $311.4M | ||
| Q3 24 | $304.8M | $303.6M |
| Q2 26 | $94.9M | — | ||
| Q1 26 | $53.3M | $129.7M | ||
| Q4 25 | $53.3M | $129.7M | ||
| Q3 25 | $49.3M | $61.6M | ||
| Q2 25 | $46.1M | $155.9M | ||
| Q1 25 | $91.8M | $63.8M | ||
| Q4 24 | $67.8M | $65.5M | ||
| Q3 24 | $58.6M | $61.0M |
| Q2 26 | 88.7% | — | ||
| Q1 26 | 87.5% | — | ||
| Q4 25 | 87.5% | — | ||
| Q3 25 | 87.1% | — | ||
| Q2 25 | 86.1% | — | ||
| Q1 25 | 90.3% | — | ||
| Q4 24 | 88.6% | — | ||
| Q3 24 | 88.8% | — |
| Q2 26 | 28.5% | — | ||
| Q1 26 | 17.9% | 53.8% | ||
| Q4 25 | 17.9% | 53.8% | ||
| Q3 25 | 9.7% | 34.3% | ||
| Q2 25 | 15.1% | 65.1% | ||
| Q1 25 | 29.2% | 35.0% | ||
| Q4 24 | 22.4% | 35.1% | ||
| Q3 24 | 15.2% | 34.9% |
| Q2 26 | 24.0% | — | ||
| Q1 26 | 15.4% | 38.6% | ||
| Q4 25 | 15.4% | 38.6% | ||
| Q3 25 | 16.1% | 19.1% | ||
| Q2 25 | 14.6% | 50.0% | ||
| Q1 25 | 24.8% | 20.6% | ||
| Q4 24 | 19.0% | 21.0% | ||
| Q3 24 | 19.2% | 20.1% |
| Q2 26 | $0.99 | — | ||
| Q1 26 | $0.55 | $1.49 | ||
| Q4 25 | $0.55 | $1.49 | ||
| Q3 25 | $0.50 | $0.69 | ||
| Q2 25 | $0.48 | $1.78 | ||
| Q1 25 | $0.94 | $0.72 | ||
| Q4 24 | $0.70 | $0.74 | ||
| Q3 24 | $0.59 | $0.70 |
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 | $107.4M |
| Total DebtLower is stronger | — | $5.0B |
| Stockholders' EquityBook value | $2.6B | $3.2B |
| Total Assets | $3.2B | $9.1B |
| Debt / EquityLower = less leverage | — | 1.53× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $594.7M | — | ||
| Q1 26 | $644.6M | $107.4M | ||
| Q4 25 | $644.6M | $107.4M | ||
| Q3 25 | $702.6M | $111.3M | ||
| Q2 25 | $699.3M | $177.0M | ||
| Q1 25 | $626.6M | $109.2M | ||
| Q4 24 | $520.8M | $123.4M | ||
| Q3 24 | $482.0M | $97.0M |
| Q2 26 | — | — | ||
| Q1 26 | — | $5.0B | ||
| Q4 25 | — | $5.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | — |
| Q2 26 | $2.6B | — | ||
| Q1 26 | $2.6B | $3.2B | ||
| Q4 25 | $2.6B | $3.2B | ||
| Q3 25 | $2.6B | $3.2B | ||
| Q2 25 | $2.6B | $3.2B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.5B | $3.2B | ||
| Q3 24 | $2.5B | $3.1B |
| Q2 26 | $3.2B | — | ||
| Q1 26 | $3.2B | $9.1B | ||
| Q4 25 | $3.2B | $9.1B | ||
| Q3 25 | $3.2B | $8.9B | ||
| Q2 25 | $3.2B | $8.6B | ||
| Q1 25 | $3.2B | $8.6B | ||
| Q4 24 | $3.2B | $8.5B | ||
| Q3 24 | $3.1B | $8.5B |
| Q2 26 | — | — | ||
| Q1 26 | — | 1.53× | ||
| Q4 25 | — | 1.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | — | — |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.55× | — |
| 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 | $622.4M | ||
| Q3 25 | $472.2M | $147.8M | ||
| Q2 25 | $67.7M | $150.7M | ||
| Q1 25 | $174.9M | $179.0M | ||
| Q4 24 | $106.8M | $574.6M | ||
| Q3 24 | $327.3M | $144.1M |
| 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× | 4.80× | ||
| Q3 25 | 9.57× | 2.40× | ||
| Q2 25 | 1.47× | 0.97× | ||
| Q1 25 | 1.91× | 2.81× | ||
| Q4 24 | 1.57× | 8.77× | ||
| Q3 24 | 5.59× | 2.36× |
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% |
FRT
Segment breakdown not available.