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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Shutterstock, Inc. (SSTK). Click either name above to swap in a different company.
Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($346.7M vs $220.2M, roughly 1.6× Shutterstock, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 15.4% vs -7.3%, a 22.7% gap on every dollar of revenue. On growth, Dolby Laboratories, Inc. posted the faster year-over-year revenue change (-2.9% vs -12.0%). Dolby Laboratories, Inc. produced more free cash flow last quarter ($50.2M vs $25.9M). Over the past eight quarters, Shutterstock, Inc.'s revenue compounded faster (1.4% CAGR vs -2.5%).
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.
Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2002 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into à la carte p...
DLB vs SSTK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $346.7M | $220.2M |
| Net Profit | $53.3M | $-16.0M |
| Gross Margin | 87.5% | 55.8% |
| Operating Margin | 17.9% | -1.1% |
| Net Margin | 15.4% | -7.3% |
| Revenue YoY | -2.9% | -12.0% |
| Net Profit YoY | -21.4% | -1021.0% |
| EPS (diluted) | $0.55 | $-0.47 |
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.
| Q4 25 | $346.7M | $220.2M | ||
| Q3 25 | $307.0M | $260.1M | ||
| Q2 25 | $315.5M | $267.0M | ||
| Q1 25 | $369.6M | $242.6M | ||
| Q4 24 | $357.0M | $250.3M | ||
| Q3 24 | $304.8M | $250.6M | ||
| Q2 24 | $288.8M | $220.1M | ||
| Q1 24 | $364.5M | $214.3M |
| Q4 25 | $53.3M | $-16.0M | ||
| Q3 25 | $49.3M | $13.4M | ||
| Q2 25 | $46.1M | $29.4M | ||
| Q1 25 | $91.8M | $18.7M | ||
| Q4 24 | $67.8M | $-1.4M | ||
| Q3 24 | $58.6M | $17.6M | ||
| Q2 24 | $38.4M | $3.6M | ||
| Q1 24 | $97.8M | $16.1M |
| Q4 25 | 87.5% | 55.8% | ||
| Q3 25 | 87.1% | 60.6% | ||
| Q2 25 | 86.1% | 60.3% | ||
| Q1 25 | 90.3% | 58.4% | ||
| Q4 24 | 88.6% | 55.1% | ||
| Q3 24 | 88.8% | 58.3% | ||
| Q2 24 | 87.7% | 58.5% | ||
| Q1 24 | 89.4% | 58.8% |
| Q4 25 | 17.9% | -1.1% | ||
| Q3 25 | 9.7% | 12.5% | ||
| Q2 25 | 15.1% | 13.0% | ||
| Q1 25 | 29.2% | 4.2% | ||
| Q4 24 | 22.4% | 5.3% | ||
| Q3 24 | 15.2% | 7.2% | ||
| Q2 24 | 12.7% | 9.4% | ||
| Q1 24 | 29.9% | 7.8% |
| Q4 25 | 15.4% | -7.3% | ||
| Q3 25 | 16.1% | 5.1% | ||
| Q2 25 | 14.6% | 11.0% | ||
| Q1 25 | 24.8% | 7.7% | ||
| Q4 24 | 19.0% | -0.6% | ||
| Q3 24 | 19.2% | 7.0% | ||
| Q2 24 | 13.3% | 1.6% | ||
| Q1 24 | 26.8% | 7.5% |
| Q4 25 | $0.55 | $-0.47 | ||
| Q3 25 | $0.50 | $0.37 | ||
| Q2 25 | $0.48 | $0.82 | ||
| Q1 25 | $0.94 | $0.53 | ||
| Q4 24 | $0.70 | $-0.04 | ||
| Q3 24 | $0.59 | $0.50 | ||
| Q2 24 | $0.40 | $0.10 | ||
| Q1 24 | $1.01 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $644.6M | $178.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $581.0M |
| Total Assets | $3.2B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $644.6M | $178.2M | ||
| Q3 25 | $702.6M | $165.5M | ||
| Q2 25 | $699.3M | $116.4M | ||
| Q1 25 | $626.6M | $112.2M | ||
| Q4 24 | $520.8M | $111.3M | ||
| Q3 24 | $482.0M | $131.4M | ||
| Q2 24 | $869.0M | $74.9M | ||
| Q1 24 | $825.4M | $71.8M |
| Q4 25 | $2.6B | $581.0M | ||
| Q3 25 | $2.6B | $594.4M | ||
| Q2 25 | $2.6B | $586.2M | ||
| Q1 25 | $2.6B | $547.2M | ||
| Q4 24 | $2.5B | $518.4M | ||
| Q3 24 | $2.5B | $522.9M | ||
| Q2 24 | $2.4B | $520.4M | ||
| Q1 24 | $2.4B | $541.3M |
| Q4 25 | $3.2B | $1.4B | ||
| Q3 25 | $3.2B | $1.4B | ||
| Q2 25 | $3.2B | $1.4B | ||
| Q1 25 | $3.2B | $1.3B | ||
| Q4 24 | $3.2B | $1.3B | ||
| Q3 24 | $3.1B | $1.3B | ||
| Q2 24 | $3.0B | $1.0B | ||
| Q1 24 | $3.0B | $1.0B |
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 | $54.8M | $36.2M |
| Free Cash FlowOCF − Capex | $50.2M | $25.9M |
| FCF MarginFCF / Revenue | 14.5% | 11.8% |
| Capex IntensityCapex / Revenue | 1.3% | 4.7% |
| Cash ConversionOCF / Net Profit | 1.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $715.3M | $123.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.8M | $36.2M | ||
| Q3 25 | $472.2M | $78.4M | ||
| Q2 25 | $67.7M | $26.8M | ||
| Q1 25 | $174.9M | $25.2M | ||
| Q4 24 | $106.8M | $8.0M | ||
| Q3 24 | $327.3M | $-11.6M | ||
| Q2 24 | $21.3M | $28.0M | ||
| Q1 24 | $181.4M | $8.3M |
| Q4 25 | $50.2M | $25.9M | ||
| Q3 25 | $435.9M | $68.0M | ||
| Q2 25 | $61.3M | $15.5M | ||
| Q1 25 | $168.0M | $14.4M | ||
| Q4 24 | $100.0M | $-952.0K | ||
| Q3 24 | $297.2M | $-26.3M | ||
| Q2 24 | $13.7M | $18.9M | ||
| Q1 24 | $172.5M | $-6.2M |
| Q4 25 | 14.5% | 11.8% | ||
| Q3 25 | 142.0% | 26.1% | ||
| Q2 25 | 19.4% | 5.8% | ||
| Q1 25 | 45.5% | 6.0% | ||
| Q4 24 | 28.0% | -0.4% | ||
| Q3 24 | 97.5% | -10.5% | ||
| Q2 24 | 4.7% | 8.6% | ||
| Q1 24 | 47.3% | -2.9% |
| Q4 25 | 1.3% | 4.7% | ||
| Q3 25 | 11.8% | 4.0% | ||
| Q2 25 | 2.0% | 4.2% | ||
| Q1 25 | 1.9% | 4.5% | ||
| Q4 24 | 1.9% | 3.6% | ||
| Q3 24 | 9.8% | 5.9% | ||
| Q2 24 | 2.6% | 4.1% | ||
| Q1 24 | 2.4% | 6.7% |
| Q4 25 | 1.03× | — | ||
| Q3 25 | 9.57× | 5.86× | ||
| Q2 25 | 1.47× | 0.91× | ||
| Q1 25 | 1.91× | 1.35× | ||
| Q4 24 | 1.57× | — | ||
| Q3 24 | 5.59× | -0.66× | ||
| Q2 24 | 0.55× | 7.71× | ||
| Q1 24 | 1.85× | 0.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLB
| Licensing Brodcast Revenue | $100.3M | 29% |
| Licensing Mobile Revenue | $74.9M | 22% |
| Licensing Other Revenue | $70.2M | 20% |
| Licensing CE Revenue | $45.6M | 13% |
| Licensing PC Revenue | $28.7M | 8% |
| Products And Services | $26.9M | 8% |
SSTK
Segment breakdown not available.
