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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and GigaCloud Technology Inc (GCT). Click either name above to swap in a different company.

Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $332.6M, roughly 1.2× GigaCloud Technology Inc). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 11.2%, a 12.8% gap on every dollar of revenue. On growth, GigaCloud Technology Inc posted the faster year-over-year revenue change (9.7% vs 7.1%). Over the past eight quarters, GigaCloud Technology Inc's revenue compounded faster (36.6% CAGR vs 13.9%).

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.

GigaCloud Technology Inc. is an American e-commerce company that helps retailers buy and sell big and bulky, non-standardized items such as furniture, appliances, and fitness equipment. They own a business-to-business online marketplace and act as a middleman by handling sales, logistics and also delivery to end customers. GigaCloud is headquartered in El Monte, California, and is listed on the Nasdaq stock exchange since August 2022.

DLB vs GCT — Head-to-Head

Bigger by revenue
DLB
DLB
1.2× larger
DLB
$395.6M
$332.6M
GCT
Growing faster (revenue YoY)
GCT
GCT
+2.6% gap
GCT
9.7%
7.1%
DLB
Higher net margin
DLB
DLB
12.8% more per $
DLB
24.0%
11.2%
GCT
Faster 2-yr revenue CAGR
GCT
GCT
Annualised
GCT
36.6%
13.9%
DLB

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
DLB
DLB
GCT
GCT
Revenue
$395.6M
$332.6M
Net Profit
$94.9M
$37.2M
Gross Margin
88.7%
23.2%
Operating Margin
28.5%
12.2%
Net Margin
24.0%
11.2%
Revenue YoY
7.1%
9.7%
Net Profit YoY
3.4%
-8.6%
EPS (diluted)
$0.99
$0.99

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
GCT
GCT
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
Q3 25
$307.0M
$332.6M
Q2 25
$315.5M
$322.6M
Q1 25
$369.6M
$271.9M
Q4 24
$357.0M
$295.8M
Q3 24
$304.8M
$303.3M
Net Profit
DLB
DLB
GCT
GCT
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
Q3 25
$49.3M
$37.2M
Q2 25
$46.1M
$34.6M
Q1 25
$91.8M
$27.1M
Q4 24
$67.8M
$31.0M
Q3 24
$58.6M
$40.7M
Gross Margin
DLB
DLB
GCT
GCT
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
Q3 25
87.1%
23.2%
Q2 25
86.1%
23.9%
Q1 25
90.3%
23.4%
Q4 24
88.6%
22.0%
Q3 24
88.8%
25.5%
Operating Margin
DLB
DLB
GCT
GCT
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
Q3 25
9.7%
12.2%
Q2 25
15.1%
11.1%
Q1 25
29.2%
10.4%
Q4 24
22.4%
9.3%
Q3 24
15.2%
13.4%
Net Margin
DLB
DLB
GCT
GCT
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
Q3 25
16.1%
11.2%
Q2 25
14.6%
10.7%
Q1 25
24.8%
10.0%
Q4 24
19.0%
10.5%
Q3 24
19.2%
13.4%
EPS (diluted)
DLB
DLB
GCT
GCT
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
Q3 25
$0.50
$0.99
Q2 25
$0.48
$0.91
Q1 25
$0.94
$0.68
Q4 24
$0.70
$0.76
Q3 24
$0.59
$0.98

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
GCT
GCT
Cash + ST InvestmentsLiquidity on hand
$594.7M
$365.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$457.3M
Total Assets
$3.2B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
GCT
GCT
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
Q3 25
$702.6M
$365.9M
Q2 25
$699.3M
$303.0M
Q1 25
$626.6M
$286.8M
Q4 24
$520.8M
$302.4M
Q3 24
$482.0M
$259.8M
Stockholders' Equity
DLB
DLB
GCT
GCT
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
Q3 25
$2.6B
$457.3M
Q2 25
$2.6B
$431.4M
Q1 25
$2.6B
$412.9M
Q4 24
$2.5B
$405.2M
Q3 24
$2.5B
$400.4M
Total Assets
DLB
DLB
GCT
GCT
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
$1.1B
Q2 25
$3.2B
$1.1B
Q1 25
$3.2B
$1.1B
Q4 24
$3.2B
$1.1B
Q3 24
$3.1B
$1.1B

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
GCT
GCT
Operating Cash FlowLast quarter
$147.3M
$78.3M
Free Cash FlowOCF − Capex
$77.1M
FCF MarginFCF / Revenue
23.2%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.55×
2.10×
TTM Free Cash FlowTrailing 4 quarters
$188.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
GCT
GCT
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
Q3 25
$472.2M
$78.3M
Q2 25
$67.7M
$38.6M
Q1 25
$174.9M
$9.4M
Q4 24
$106.8M
$68.4M
Q3 24
$327.3M
$55.2M
Free Cash Flow
DLB
DLB
GCT
GCT
Q2 26
Q1 26
Q4 25
$50.2M
Q3 25
$435.9M
$77.1M
Q2 25
$61.3M
$37.0M
Q1 25
$168.0M
$7.0M
Q4 24
$100.0M
$66.9M
Q3 24
$297.2M
$51.4M
FCF Margin
DLB
DLB
GCT
GCT
Q2 26
Q1 26
Q4 25
14.5%
Q3 25
142.0%
23.2%
Q2 25
19.4%
11.5%
Q1 25
45.5%
2.6%
Q4 24
28.0%
22.6%
Q3 24
97.5%
16.9%
Capex Intensity
DLB
DLB
GCT
GCT
Q2 26
Q1 26
Q4 25
1.3%
Q3 25
11.8%
0.4%
Q2 25
2.0%
0.5%
Q1 25
1.9%
0.9%
Q4 24
1.9%
0.5%
Q3 24
9.8%
1.3%
Cash Conversion
DLB
DLB
GCT
GCT
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
Q3 25
9.57×
2.10×
Q2 25
1.47×
1.12×
Q1 25
1.91×
0.35×
Q4 24
1.57×
2.21×
Q3 24
5.59×
1.36×

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%

GCT
GCT

Services$108.4M33%
Transferred Over Time$89.8M27%
Product Sales To B$50.1M15%
Last Mile Delivery Service$49.2M15%
Warehousing Service$14.2M4%
Ocean Transportation Service$9.0M3%
Platform Commission$4.9M1%
Drayage Service$3.2M1%

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