vs

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

Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $184.5M, roughly 2.1× DOUGLAS DYNAMICS, INC). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 7.0%, a 17.0% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 7.1%). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% 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.

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

DLB vs PLOW — Head-to-Head

Bigger by revenue
DLB
DLB
2.1× larger
DLB
$395.6M
$184.5M
PLOW
Growing faster (revenue YoY)
PLOW
PLOW
+21.5% gap
PLOW
28.6%
7.1%
DLB
Higher net margin
DLB
DLB
17.0% more per $
DLB
24.0%
7.0%
PLOW
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
13.9%
DLB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DLB
DLB
PLOW
PLOW
Revenue
$395.6M
$184.5M
Net Profit
$94.9M
$12.8M
Gross Margin
88.7%
26.1%
Operating Margin
28.5%
10.5%
Net Margin
24.0%
7.0%
Revenue YoY
7.1%
28.6%
Net Profit YoY
3.4%
62.3%
EPS (diluted)
$0.99
$0.54

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
PLOW
PLOW
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
$184.5M
Q3 25
$307.0M
$162.1M
Q2 25
$315.5M
$194.3M
Q1 25
$369.6M
$115.1M
Q4 24
$357.0M
$143.5M
Q3 24
$304.8M
$129.4M
Net Profit
DLB
DLB
PLOW
PLOW
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
$12.8M
Q3 25
$49.3M
$8.0M
Q2 25
$46.1M
$26.0M
Q1 25
$91.8M
$148.0K
Q4 24
$67.8M
$7.9M
Q3 24
$58.6M
$32.3M
Gross Margin
DLB
DLB
PLOW
PLOW
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
26.1%
Q3 25
87.1%
23.5%
Q2 25
86.1%
31.0%
Q1 25
90.3%
24.5%
Q4 24
88.6%
24.9%
Q3 24
88.8%
23.9%
Operating Margin
DLB
DLB
PLOW
PLOW
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
10.5%
Q3 25
9.7%
8.7%
Q2 25
15.1%
19.0%
Q1 25
29.2%
2.8%
Q4 24
22.4%
9.0%
Q3 24
15.2%
35.4%
Net Margin
DLB
DLB
PLOW
PLOW
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
7.0%
Q3 25
16.1%
4.9%
Q2 25
14.6%
13.4%
Q1 25
24.8%
0.1%
Q4 24
19.0%
5.5%
Q3 24
19.2%
24.9%
EPS (diluted)
DLB
DLB
PLOW
PLOW
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
$0.54
Q3 25
$0.50
$0.33
Q2 25
$0.48
$1.09
Q1 25
$0.94
$0.00
Q4 24
$0.70
$0.35
Q3 24
$0.59
$1.36

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$594.7M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$2.6B
$281.4M
Total Assets
$3.2B
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
PLOW
PLOW
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
Q3 25
$702.6M
Q2 25
$699.3M
Q1 25
$626.6M
Q4 24
$520.8M
Q3 24
$482.0M
Total Debt
DLB
DLB
PLOW
PLOW
Q2 26
Q1 26
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Stockholders' Equity
DLB
DLB
PLOW
PLOW
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
$281.4M
Q3 25
$2.6B
$275.3M
Q2 25
$2.6B
$273.3M
Q1 25
$2.6B
$258.9M
Q4 24
$2.5B
$264.2M
Q3 24
$2.5B
$260.8M
Total Assets
DLB
DLB
PLOW
PLOW
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
$626.7M
Q3 25
$3.2B
$694.9M
Q2 25
$3.2B
$671.5M
Q1 25
$3.2B
$621.0M
Q4 24
$3.2B
$590.0M
Q3 24
$3.1B
$665.6M
Debt / Equity
DLB
DLB
PLOW
PLOW
Q2 26
Q1 26
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
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
PLOW
PLOW
Operating Cash FlowLast quarter
$147.3M
$95.9M
Free Cash FlowOCF − Capex
$92.8M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
1.55×
7.47×
TTM Free Cash FlowTrailing 4 quarters
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
PLOW
PLOW
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
$95.9M
Q3 25
$472.2M
$-8.5M
Q2 25
$67.7M
$-11.4M
Q1 25
$174.9M
$-1.3M
Q4 24
$106.8M
$74.4M
Q3 24
$327.3M
$-14.2M
Free Cash Flow
DLB
DLB
PLOW
PLOW
Q2 26
Q1 26
Q4 25
$50.2M
$92.8M
Q3 25
$435.9M
$-11.4M
Q2 25
$61.3M
$-14.3M
Q1 25
$168.0M
$-3.5M
Q4 24
$100.0M
$70.2M
Q3 24
$297.2M
$-15.2M
FCF Margin
DLB
DLB
PLOW
PLOW
Q2 26
Q1 26
Q4 25
14.5%
50.3%
Q3 25
142.0%
-7.1%
Q2 25
19.4%
-7.4%
Q1 25
45.5%
-3.0%
Q4 24
28.0%
48.9%
Q3 24
97.5%
-11.8%
Capex Intensity
DLB
DLB
PLOW
PLOW
Q2 26
Q1 26
Q4 25
1.3%
1.7%
Q3 25
11.8%
1.8%
Q2 25
2.0%
1.5%
Q1 25
1.9%
1.9%
Q4 24
1.9%
2.9%
Q3 24
9.8%
0.8%
Cash Conversion
DLB
DLB
PLOW
PLOW
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
7.47×
Q3 25
9.57×
-1.07×
Q2 25
1.47×
-0.44×
Q1 25
1.91×
-9.03×
Q4 24
1.57×
9.41×
Q3 24
5.59×
-0.44×

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%

PLOW
PLOW

Work Truck Solutions$101.5M55%
Transferred At Point In Time$83.1M45%

Related Comparisons