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

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $395.6M, roughly 1.2× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs -276.6%, a 300.5% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 7.1%).

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.

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

DLB vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.2× larger
STUB
$468.1M
$395.6M
DLB
Growing faster (revenue YoY)
STUB
STUB
+0.9% gap
STUB
7.9%
7.1%
DLB
Higher net margin
DLB
DLB
300.5% more per $
DLB
24.0%
-276.6%
STUB

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
DLB
DLB
STUB
STUB
Revenue
$395.6M
$468.1M
Net Profit
$94.9M
$-1.3B
Gross Margin
88.7%
Operating Margin
28.5%
-292.3%
Net Margin
24.0%
-276.6%
Revenue YoY
7.1%
7.9%
Net Profit YoY
3.4%
-3821.6%
EPS (diluted)
$0.99
$-4.27

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
STUB
STUB
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
Q3 25
$307.0M
$468.1M
Q2 25
$315.5M
Q1 25
$369.6M
Q4 24
$357.0M
Q3 24
$304.8M
$433.8M
Net Profit
DLB
DLB
STUB
STUB
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
Q3 25
$49.3M
$-1.3B
Q2 25
$46.1M
Q1 25
$91.8M
Q4 24
$67.8M
Q3 24
$58.6M
$-33.0M
Gross Margin
DLB
DLB
STUB
STUB
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
Q3 25
87.1%
Q2 25
86.1%
Q1 25
90.3%
Q4 24
88.6%
Q3 24
88.8%
Operating Margin
DLB
DLB
STUB
STUB
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
Q3 25
9.7%
-292.3%
Q2 25
15.1%
Q1 25
29.2%
Q4 24
22.4%
Q3 24
15.2%
2.8%
Net Margin
DLB
DLB
STUB
STUB
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
Q3 25
16.1%
-276.6%
Q2 25
14.6%
Q1 25
24.8%
Q4 24
19.0%
Q3 24
19.2%
-7.6%
EPS (diluted)
DLB
DLB
STUB
STUB
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
Q3 25
$0.50
$-4.27
Q2 25
$0.48
Q1 25
$0.94
Q4 24
$0.70
Q3 24
$0.59
$-0.15

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$594.7M
$1.4B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$2.6B
$1.7B
Total Assets
$3.2B
$5.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
STUB
STUB
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
Q3 25
$702.6M
$1.4B
Q2 25
$699.3M
Q1 25
$626.6M
Q4 24
$520.8M
Q3 24
$482.0M
$1.1B
Total Debt
DLB
DLB
STUB
STUB
Q2 26
Q1 26
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Stockholders' Equity
DLB
DLB
STUB
STUB
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
Q3 25
$2.6B
$1.7B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.5B
$815.9M
Total Assets
DLB
DLB
STUB
STUB
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
$5.6B
Q2 25
$3.2B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.1B
Debt / Equity
DLB
DLB
STUB
STUB
Q2 26
Q1 26
Q4 25
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
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
STUB
STUB
Operating Cash FlowLast quarter
$147.3M
$181.4M
Free Cash FlowOCF − Capex
$180.3M
FCF MarginFCF / Revenue
38.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
STUB
STUB
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
Q3 25
$472.2M
$181.4M
Q2 25
$67.7M
Q1 25
$174.9M
Q4 24
$106.8M
Q3 24
$327.3M
Free Cash Flow
DLB
DLB
STUB
STUB
Q2 26
Q1 26
Q4 25
$50.2M
Q3 25
$435.9M
$180.3M
Q2 25
$61.3M
Q1 25
$168.0M
Q4 24
$100.0M
Q3 24
$297.2M
FCF Margin
DLB
DLB
STUB
STUB
Q2 26
Q1 26
Q4 25
14.5%
Q3 25
142.0%
38.5%
Q2 25
19.4%
Q1 25
45.5%
Q4 24
28.0%
Q3 24
97.5%
Capex Intensity
DLB
DLB
STUB
STUB
Q2 26
Q1 26
Q4 25
1.3%
Q3 25
11.8%
0.2%
Q2 25
2.0%
Q1 25
1.9%
Q4 24
1.9%
Q3 24
9.8%
Cash Conversion
DLB
DLB
STUB
STUB
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
Q3 25
9.57×
Q2 25
1.47×
Q1 25
1.91×
Q4 24
1.57×
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%

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

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