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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and MANITOWOC CO INC (MTW). Click either name above to swap in a different company.

MANITOWOC CO INC is the larger business by last-quarter revenue ($677.1M vs $395.6M, roughly 1.7× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 1.0%, a 23.0% gap on every dollar of revenue. On growth, MANITOWOC CO INC posted the faster year-over-year revenue change (13.6% vs 7.1%). Over the past eight quarters, MANITOWOC CO INC's revenue compounded faster (16.9% 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.

The Manitowoc Company, Inc. is an American manufacturer which produces cranes and previously produced commercial refrigeration and marine equipment. It was founded in 1902 and, through its wholly owned subsidiaries, designs, manufactures, markets, and supports mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks under the Grove, Manitowoc, National Crane, Potain, Shuttlelift and Manitowoc Crane Care brand names.

DLB vs MTW — Head-to-Head

Bigger by revenue
MTW
MTW
1.7× larger
MTW
$677.1M
$395.6M
DLB
Growing faster (revenue YoY)
MTW
MTW
+6.6% gap
MTW
13.6%
7.1%
DLB
Higher net margin
DLB
DLB
23.0% more per $
DLB
24.0%
1.0%
MTW
Faster 2-yr revenue CAGR
MTW
MTW
Annualised
MTW
16.9%
13.9%
DLB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DLB
DLB
MTW
MTW
Revenue
$395.6M
$677.1M
Net Profit
$94.9M
$7.0M
Gross Margin
88.7%
16.7%
Operating Margin
28.5%
3.0%
Net Margin
24.0%
1.0%
Revenue YoY
7.1%
13.6%
Net Profit YoY
3.4%
-87.7%
EPS (diluted)
$0.99
$0.20

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
MTW
MTW
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
$677.1M
Q3 25
$307.0M
$553.4M
Q2 25
$315.5M
$539.5M
Q1 25
$369.6M
$470.9M
Q4 24
$357.0M
$596.0M
Q3 24
$304.8M
$524.8M
Net Profit
DLB
DLB
MTW
MTW
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
$7.0M
Q3 25
$49.3M
$5.0M
Q2 25
$46.1M
$1.5M
Q1 25
$91.8M
$-6.3M
Q4 24
$67.8M
$56.7M
Q3 24
$58.6M
$-7.0M
Gross Margin
DLB
DLB
MTW
MTW
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
16.7%
Q3 25
87.1%
18.5%
Q2 25
86.1%
18.4%
Q1 25
90.3%
19.1%
Q4 24
88.6%
16.0%
Q3 24
88.8%
16.7%
Operating Margin
DLB
DLB
MTW
MTW
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
3.0%
Q3 25
9.7%
3.3%
Q2 25
15.1%
1.8%
Q1 25
29.2%
1.1%
Q4 24
22.4%
2.7%
Q3 24
15.2%
1.4%
Net Margin
DLB
DLB
MTW
MTW
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
1.0%
Q3 25
16.1%
0.9%
Q2 25
14.6%
0.3%
Q1 25
24.8%
-1.3%
Q4 24
19.0%
9.5%
Q3 24
19.2%
-1.3%
EPS (diluted)
DLB
DLB
MTW
MTW
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
$0.20
Q3 25
$0.50
$0.14
Q2 25
$0.48
$0.04
Q1 25
$0.94
$-0.18
Q4 24
$0.70
$1.60
Q3 24
$0.59
$-0.20

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
MTW
MTW
Cash + ST InvestmentsLiquidity on hand
$594.7M
$77.3M
Total DebtLower is stronger
$447.1M
Stockholders' EquityBook value
$2.6B
$695.2M
Total Assets
$3.2B
$1.8B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
MTW
MTW
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
$77.3M
Q3 25
$702.6M
$39.7M
Q2 25
$699.3M
$32.9M
Q1 25
$626.6M
$41.4M
Q4 24
$520.8M
$48.0M
Q3 24
$482.0M
$22.9M
Total Debt
DLB
DLB
MTW
MTW
Q2 26
Q1 26
Q4 25
$447.1M
Q3 25
$479.9M
Q2 25
$459.8M
Q1 25
$381.4M
Q4 24
$377.1M
Q3 24
$426.7M
Stockholders' Equity
DLB
DLB
MTW
MTW
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
$695.2M
Q3 25
$2.6B
$682.7M
Q2 25
$2.6B
$681.3M
Q1 25
$2.6B
$651.6M
Q4 24
$2.5B
$640.1M
Q3 24
$2.5B
$607.6M
Total Assets
DLB
DLB
MTW
MTW
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
$1.8B
Q3 25
$3.2B
$1.9B
Q2 25
$3.2B
$1.9B
Q1 25
$3.2B
$1.8B
Q4 24
$3.2B
$1.7B
Q3 24
$3.1B
$1.8B
Debt / Equity
DLB
DLB
MTW
MTW
Q2 26
Q1 26
Q4 25
0.64×
Q3 25
0.70×
Q2 25
0.67×
Q1 25
0.59×
Q4 24
0.59×
Q3 24
0.70×

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
MTW
MTW
Operating Cash FlowLast quarter
$147.3M
$91.1M
Free Cash FlowOCF − Capex
$78.3M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
1.55×
13.01×
TTM Free Cash FlowTrailing 4 quarters
$-15.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
MTW
MTW
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
$91.1M
Q3 25
$472.2M
$-14.1M
Q2 25
$67.7M
$-67.7M
Q1 25
$174.9M
$12.9M
Q4 24
$106.8M
$112.4M
Q3 24
$327.3M
$-43.6M
Free Cash Flow
DLB
DLB
MTW
MTW
Q2 26
Q1 26
Q4 25
$50.2M
$78.3M
Q3 25
$435.9M
$-22.0M
Q2 25
$61.3M
$-73.7M
Q1 25
$168.0M
$2.1M
Q4 24
$100.0M
$101.1M
Q3 24
$297.2M
$-52.9M
FCF Margin
DLB
DLB
MTW
MTW
Q2 26
Q1 26
Q4 25
14.5%
11.6%
Q3 25
142.0%
-4.0%
Q2 25
19.4%
-13.7%
Q1 25
45.5%
0.4%
Q4 24
28.0%
17.0%
Q3 24
97.5%
-10.1%
Capex Intensity
DLB
DLB
MTW
MTW
Q2 26
Q1 26
Q4 25
1.3%
1.9%
Q3 25
11.8%
1.4%
Q2 25
2.0%
1.1%
Q1 25
1.9%
2.3%
Q4 24
1.9%
1.9%
Q3 24
9.8%
1.8%
Cash Conversion
DLB
DLB
MTW
MTW
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
13.01×
Q3 25
9.57×
-2.82×
Q2 25
1.47×
-45.13×
Q1 25
1.91×
Q4 24
1.57×
1.98×
Q3 24
5.59×

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%

MTW
MTW

US$344.5M51%
Europe$193.8M29%
Other Countries$138.8M20%

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