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

OCEANEERING INTERNATIONAL INC is the larger business by last-quarter revenue ($692.4M vs $395.6M, roughly 1.8× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 5.2%, a 18.8% gap on every dollar of revenue. On growth, Dolby Laboratories, Inc. posted the faster year-over-year revenue change (7.1% vs 3.6%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 1.8%).

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.

Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.

DLB vs OII — Head-to-Head

Bigger by revenue
OII
OII
1.8× larger
OII
$692.4M
$395.6M
DLB
Growing faster (revenue YoY)
DLB
DLB
+3.5% gap
DLB
7.1%
3.6%
OII
Higher net margin
DLB
DLB
18.8% more per $
DLB
24.0%
5.2%
OII
Faster 2-yr revenue CAGR
DLB
DLB
Annualised
DLB
13.9%
1.8%
OII

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
DLB
DLB
OII
OII
Revenue
$395.6M
$692.4M
Net Profit
$94.9M
$36.1M
Gross Margin
88.7%
Operating Margin
28.5%
Net Margin
24.0%
5.2%
Revenue YoY
7.1%
3.6%
Net Profit YoY
3.4%
-28.3%
EPS (diluted)
$0.99
$0.36

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
OII
OII
Q2 26
$395.6M
Q1 26
$346.7M
$692.4M
Q4 25
$346.7M
$668.6M
Q3 25
$307.0M
$742.9M
Q2 25
$315.5M
$698.2M
Q1 25
$369.6M
$674.5M
Q4 24
$357.0M
$713.5M
Q3 24
$304.8M
$679.8M
Net Profit
DLB
DLB
OII
OII
Q2 26
$94.9M
Q1 26
$53.3M
$36.1M
Q4 25
$53.3M
$177.7M
Q3 25
$49.3M
$71.3M
Q2 25
$46.1M
$54.4M
Q1 25
$91.8M
$50.4M
Q4 24
$67.8M
$56.1M
Q3 24
$58.6M
$41.2M
Gross Margin
DLB
DLB
OII
OII
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
19.8%
Q3 25
87.1%
20.6%
Q2 25
86.1%
21.3%
Q1 25
90.3%
20.0%
Q4 24
88.6%
19.9%
Q3 24
88.8%
19.3%
Operating Margin
DLB
DLB
OII
OII
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
9.8%
Q3 25
9.7%
11.6%
Q2 25
15.1%
11.3%
Q1 25
29.2%
10.9%
Q4 24
22.4%
10.9%
Q3 24
15.2%
10.5%
Net Margin
DLB
DLB
OII
OII
Q2 26
24.0%
Q1 26
15.4%
5.2%
Q4 25
15.4%
26.6%
Q3 25
16.1%
9.6%
Q2 25
14.6%
7.8%
Q1 25
24.8%
7.5%
Q4 24
19.0%
7.9%
Q3 24
19.2%
6.1%
EPS (diluted)
DLB
DLB
OII
OII
Q2 26
$0.99
Q1 26
$0.55
$0.36
Q4 25
$0.55
$1.75
Q3 25
$0.50
$0.71
Q2 25
$0.48
$0.54
Q1 25
$0.94
$0.49
Q4 24
$0.70
$0.55
Q3 24
$0.59
$0.40

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
OII
OII
Cash + ST InvestmentsLiquidity on hand
$594.7M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$2.6B
$1.1B
Total Assets
$3.2B
$2.6B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
OII
OII
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
$695.9M
Q3 25
$702.6M
$7.0M
Q2 25
$699.3M
$7.0M
Q1 25
$626.6M
$7.0M
Q4 24
$520.8M
$504.5M
Q3 24
$482.0M
Total Debt
DLB
DLB
OII
OII
Q2 26
Q1 26
$488.8M
Q4 25
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$482.0M
Q3 24
Stockholders' Equity
DLB
DLB
OII
OII
Q2 26
$2.6B
Q1 26
$2.6B
$1.1B
Q4 25
$2.6B
$1.1B
Q3 25
$2.6B
$907.7M
Q2 25
$2.6B
$842.1M
Q1 25
$2.6B
$773.1M
Q4 24
$2.5B
$714.3M
Q3 24
$2.5B
$698.0M
Total Assets
DLB
DLB
OII
OII
Q2 26
$3.2B
Q1 26
$3.2B
$2.6B
Q4 25
$3.2B
$2.7B
Q3 25
$3.2B
$2.5B
Q2 25
$3.2B
$2.3B
Q1 25
$3.2B
$2.3B
Q4 24
$3.2B
$2.3B
Q3 24
$3.1B
$2.4B
Debt / Equity
DLB
DLB
OII
OII
Q2 26
Q1 26
0.44×
Q4 25
0.46×
Q3 25
Q2 25
Q1 25
Q4 24
0.67×
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
DLB
DLB
OII
OII
Operating Cash FlowLast quarter
$147.3M
Free Cash FlowOCF − Capex
$-76.5M
FCF MarginFCF / Revenue
-11.1%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
OII
OII
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
$221.1M
Q3 25
$472.2M
$101.3M
Q2 25
$67.7M
$77.2M
Q1 25
$174.9M
$-80.7M
Q4 24
$106.8M
$128.4M
Q3 24
$327.3M
$91.9M
Free Cash Flow
DLB
DLB
OII
OII
Q2 26
Q1 26
$-76.5M
Q4 25
$50.2M
$190.7M
Q3 25
$435.9M
$77.0M
Q2 25
$61.3M
$46.9M
Q1 25
$168.0M
$-106.8M
Q4 24
$100.0M
$94.5M
Q3 24
$297.2M
$67.0M
FCF Margin
DLB
DLB
OII
OII
Q2 26
Q1 26
-11.1%
Q4 25
14.5%
28.5%
Q3 25
142.0%
10.4%
Q2 25
19.4%
6.7%
Q1 25
45.5%
-15.8%
Q4 24
28.0%
13.2%
Q3 24
97.5%
9.9%
Capex Intensity
DLB
DLB
OII
OII
Q2 26
Q1 26
2.5%
Q4 25
1.3%
4.6%
Q3 25
11.8%
3.3%
Q2 25
2.0%
4.3%
Q1 25
1.9%
3.9%
Q4 24
1.9%
4.7%
Q3 24
9.8%
3.7%
Cash Conversion
DLB
DLB
OII
OII
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
1.24×
Q3 25
9.57×
1.42×
Q2 25
1.47×
1.42×
Q1 25
1.91×
-1.60×
Q4 24
1.57×
2.29×
Q3 24
5.59×
2.23×

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%

OII
OII

Segment breakdown not available.

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