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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and GRACO INC (GGG). Click either name above to swap in a different company.
GRACO INC is the larger business by last-quarter revenue ($593.2M vs $395.6M, roughly 1.5× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 22.3%, a 1.7% gap on every dollar of revenue. On growth, GRACO INC posted the faster year-over-year revenue change (8.1% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 9.8%).
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.
Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.
DLB vs GGG — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $395.6M | $593.2M |
| Net Profit | $94.9M | $132.5M |
| Gross Margin | 88.7% | 51.7% |
| Operating Margin | 28.5% | 26.7% |
| Net Margin | 24.0% | 22.3% |
| Revenue YoY | 7.1% | 8.1% |
| Net Profit YoY | 3.4% | 21.9% |
| EPS (diluted) | $0.99 | $0.78 |
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 | $593.2M | ||
| Q3 25 | $307.0M | $543.4M | ||
| Q2 25 | $315.5M | $571.8M | ||
| Q1 25 | $369.6M | $528.3M | ||
| Q4 24 | $357.0M | $548.7M | ||
| Q3 24 | $304.8M | $519.2M |
| Q2 26 | $94.9M | — | ||
| Q1 26 | $53.3M | — | ||
| Q4 25 | $53.3M | $132.5M | ||
| Q3 25 | $49.3M | $137.6M | ||
| Q2 25 | $46.1M | $127.6M | ||
| Q1 25 | $91.8M | $124.1M | ||
| Q4 24 | $67.8M | $108.7M | ||
| Q3 24 | $58.6M | $122.2M |
| Q2 26 | 88.7% | — | ||
| Q1 26 | 87.5% | — | ||
| Q4 25 | 87.5% | 51.7% | ||
| Q3 25 | 87.1% | 53.2% | ||
| Q2 25 | 86.1% | 52.4% | ||
| Q1 25 | 90.3% | 52.6% | ||
| Q4 24 | 88.6% | 50.9% | ||
| Q3 24 | 88.8% | 53.2% |
| Q2 26 | 28.5% | — | ||
| Q1 26 | 17.9% | — | ||
| Q4 25 | 17.9% | 26.7% | ||
| Q3 25 | 9.7% | 30.3% | ||
| Q2 25 | 15.1% | 27.5% | ||
| Q1 25 | 29.2% | 27.3% | ||
| Q4 24 | 22.4% | 23.7% | ||
| Q3 24 | 15.2% | 28.1% |
| Q2 26 | 24.0% | — | ||
| Q1 26 | 15.4% | — | ||
| Q4 25 | 15.4% | 22.3% | ||
| Q3 25 | 16.1% | 25.3% | ||
| Q2 25 | 14.6% | 22.3% | ||
| Q1 25 | 24.8% | 23.5% | ||
| Q4 24 | 19.0% | 19.8% | ||
| Q3 24 | 19.2% | 23.5% |
| Q2 26 | $0.99 | — | ||
| Q1 26 | $0.55 | — | ||
| Q4 25 | $0.55 | $0.78 | ||
| Q3 25 | $0.50 | $0.82 | ||
| Q2 25 | $0.48 | $0.76 | ||
| Q1 25 | $0.94 | $0.72 | ||
| Q4 24 | $0.70 | $0.63 | ||
| Q3 24 | $0.59 | $0.71 |
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 | $624.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $2.7B |
| Total Assets | $3.2B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $594.7M | — | ||
| Q1 26 | $644.6M | — | ||
| Q4 25 | $644.6M | $624.1M | ||
| Q3 25 | $702.6M | $618.7M | ||
| Q2 25 | $699.3M | $534.9M | ||
| Q1 25 | $626.6M | $536.1M | ||
| Q4 24 | $520.8M | $675.3M | ||
| Q3 24 | $482.0M | $764.5M |
| Q2 26 | $2.6B | — | ||
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $2.7B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.6B | $2.5B | ||
| Q1 25 | $2.6B | $2.5B | ||
| Q4 24 | $2.5B | $2.6B | ||
| Q3 24 | $2.5B | $2.5B |
| Q2 26 | $3.2B | — | ||
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $3.3B | ||
| Q3 25 | $3.2B | $3.2B | ||
| Q2 25 | $3.2B | $3.0B | ||
| Q1 25 | $3.2B | $3.0B | ||
| Q4 24 | $3.2B | $3.1B | ||
| Q3 24 | $3.1B | $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 | $147.3M | $196.3M |
| Free Cash FlowOCF − Capex | — | $184.3M |
| FCF MarginFCF / Revenue | — | 31.1% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | 1.55× | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | $637.9M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $147.3M | — | ||
| Q1 26 | $54.8M | — | ||
| Q4 25 | $54.8M | $196.3M | ||
| Q3 25 | $472.2M | $179.2M | ||
| Q2 25 | $67.7M | $182.7M | ||
| Q1 25 | $174.9M | $125.4M | ||
| Q4 24 | $106.8M | $185.2M | ||
| Q3 24 | $327.3M | $178.6M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $50.2M | $184.3M | ||
| Q3 25 | $435.9M | $175.7M | ||
| Q2 25 | $61.3M | $163.1M | ||
| Q1 25 | $168.0M | $114.8M | ||
| Q4 24 | $100.0M | $171.3M | ||
| Q3 24 | $297.2M | $159.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | 31.1% | ||
| Q3 25 | 142.0% | 32.3% | ||
| Q2 25 | 19.4% | 28.5% | ||
| Q1 25 | 45.5% | 21.7% | ||
| Q4 24 | 28.0% | 31.2% | ||
| Q3 24 | 97.5% | 30.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 2.0% | ||
| Q3 25 | 11.8% | 0.6% | ||
| Q2 25 | 2.0% | 3.4% | ||
| Q1 25 | 1.9% | 2.0% | ||
| Q4 24 | 1.9% | 2.5% | ||
| Q3 24 | 9.8% | 3.7% |
| Q2 26 | 1.55× | — | ||
| Q1 26 | 1.03× | — | ||
| Q4 25 | 1.03× | 1.48× | ||
| Q3 25 | 9.57× | 1.30× | ||
| Q2 25 | 1.47× | 1.43× | ||
| Q1 25 | 1.91× | 1.01× | ||
| Q4 24 | 1.57× | 1.70× | ||
| 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% |
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
