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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.

Life Time Group Holdings, Inc. is the larger business by last-quarter revenue ($745.1M vs $395.6M, roughly 1.9× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 16.5%, a 7.5% gap on every dollar of revenue. On growth, Life Time Group Holdings, Inc. posted the faster year-over-year revenue change (12.3% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 11.7%).

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.

Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.

DLB vs LTH — Head-to-Head

Bigger by revenue
LTH
LTH
1.9× larger
LTH
$745.1M
$395.6M
DLB
Growing faster (revenue YoY)
LTH
LTH
+5.3% gap
LTH
12.3%
7.1%
DLB
Higher net margin
DLB
DLB
7.5% more per $
DLB
24.0%
16.5%
LTH
Faster 2-yr revenue CAGR
DLB
DLB
Annualised
DLB
13.9%
11.7%
LTH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DLB
DLB
LTH
LTH
Revenue
$395.6M
$745.1M
Net Profit
$94.9M
$123.0M
Gross Margin
88.7%
49.1%
Operating Margin
28.5%
17.4%
Net Margin
24.0%
16.5%
Revenue YoY
7.1%
12.3%
Net Profit YoY
3.4%
231.0%
EPS (diluted)
$0.99
$0.55

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
LTH
LTH
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
$745.1M
Q3 25
$307.0M
$782.6M
Q2 25
$315.5M
$761.5M
Q1 25
$369.6M
$706.0M
Q4 24
$357.0M
$663.3M
Q3 24
$304.8M
$693.2M
Net Profit
DLB
DLB
LTH
LTH
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
$123.0M
Q3 25
$49.3M
$102.4M
Q2 25
$46.1M
$72.1M
Q1 25
$91.8M
$76.1M
Q4 24
$67.8M
$37.2M
Q3 24
$58.6M
$41.4M
Gross Margin
DLB
DLB
LTH
LTH
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
49.1%
Q3 25
87.1%
47.1%
Q2 25
86.1%
47.0%
Q1 25
90.3%
47.5%
Q4 24
88.6%
48.2%
Q3 24
88.8%
46.5%
Operating Margin
DLB
DLB
LTH
LTH
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
17.4%
Q3 25
9.7%
17.3%
Q2 25
15.1%
14.2%
Q1 25
29.2%
15.2%
Q4 24
22.4%
13.1%
Q3 24
15.2%
13.5%
Net Margin
DLB
DLB
LTH
LTH
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
16.5%
Q3 25
16.1%
13.1%
Q2 25
14.6%
9.5%
Q1 25
24.8%
10.8%
Q4 24
19.0%
5.6%
Q3 24
19.2%
6.0%
EPS (diluted)
DLB
DLB
LTH
LTH
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
$0.55
Q3 25
$0.50
$0.45
Q2 25
$0.48
$0.32
Q1 25
$0.94
$0.34
Q4 24
$0.70
$0.17
Q3 24
$0.59
$0.19

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
LTH
LTH
Cash + ST InvestmentsLiquidity on hand
$594.7M
$204.8M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.6B
$3.1B
Total Assets
$3.2B
$8.0B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
LTH
LTH
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
$204.8M
Q3 25
$702.6M
$218.9M
Q2 25
$699.3M
$175.5M
Q1 25
$626.6M
$59.0M
Q4 24
$520.8M
$10.9M
Q3 24
$482.0M
$120.9M
Total Debt
DLB
DLB
LTH
LTH
Q2 26
Q1 26
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.7B
Stockholders' Equity
DLB
DLB
LTH
LTH
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
$3.1B
Q3 25
$2.6B
$3.0B
Q2 25
$2.6B
$2.9B
Q1 25
$2.6B
$2.7B
Q4 24
$2.5B
$2.6B
Q3 24
$2.5B
$2.6B
Total Assets
DLB
DLB
LTH
LTH
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
$8.0B
Q3 25
$3.2B
$7.8B
Q2 25
$3.2B
$7.6B
Q1 25
$3.2B
$7.3B
Q4 24
$3.2B
$7.2B
Q3 24
$3.1B
$7.2B
Debt / Equity
DLB
DLB
LTH
LTH
Q2 26
Q1 26
Q4 25
0.48×
Q3 25
0.51×
Q2 25
0.53×
Q1 25
0.56×
Q4 24
0.59×
Q3 24
0.64×

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
LTH
LTH
Operating Cash FlowLast quarter
$147.3M
$239.9M
Free Cash FlowOCF − Capex
$-64.6M
FCF MarginFCF / Revenue
-8.7%
Capex IntensityCapex / Revenue
40.9%
Cash ConversionOCF / Net Profit
1.55×
1.95×
TTM Free Cash FlowTrailing 4 quarters
$-21.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
LTH
LTH
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
$239.9M
Q3 25
$472.2M
$251.1M
Q2 25
$67.7M
$195.7M
Q1 25
$174.9M
$183.9M
Q4 24
$106.8M
$163.1M
Q3 24
$327.3M
$151.1M
Free Cash Flow
DLB
DLB
LTH
LTH
Q2 26
Q1 26
Q4 25
$50.2M
$-64.6M
Q3 25
$435.9M
$28.6M
Q2 25
$61.3M
$-26.3M
Q1 25
$168.0M
$41.4M
Q4 24
$100.0M
$26.8M
Q3 24
$297.2M
$64.0M
FCF Margin
DLB
DLB
LTH
LTH
Q2 26
Q1 26
Q4 25
14.5%
-8.7%
Q3 25
142.0%
3.7%
Q2 25
19.4%
-3.5%
Q1 25
45.5%
5.9%
Q4 24
28.0%
4.0%
Q3 24
97.5%
9.2%
Capex Intensity
DLB
DLB
LTH
LTH
Q2 26
Q1 26
Q4 25
1.3%
40.9%
Q3 25
11.8%
28.4%
Q2 25
2.0%
29.2%
Q1 25
1.9%
20.2%
Q4 24
1.9%
20.6%
Q3 24
9.8%
12.6%
Cash Conversion
DLB
DLB
LTH
LTH
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
1.95×
Q3 25
9.57×
2.45×
Q2 25
1.47×
2.71×
Q1 25
1.91×
2.41×
Q4 24
1.57×
4.39×
Q3 24
5.59×
3.65×

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%

LTH
LTH

Membership$535.1M72%
In Center$191.2M26%
Other$18.8M3%

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