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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($688.9M vs $395.6M, roughly 1.7× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 5.8%, a 18.2% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (11.9% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 8.6%).
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 Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
DLB vs TTD — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $395.6M | $688.9M |
| Net Profit | $94.9M | $40.0M |
| Gross Margin | 88.7% | — |
| Operating Margin | 28.5% | 9.7% |
| Net Margin | 24.0% | 5.8% |
| Revenue YoY | 7.1% | 11.9% |
| Net Profit YoY | 3.4% | -21.6% |
| EPS (diluted) | $0.99 | $0.08 |
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.
| Q2 26 | $395.6M | — | ||
| Q1 26 | $346.7M | $688.9M | ||
| Q4 25 | $346.7M | $846.8M | ||
| Q3 25 | $307.0M | $739.4M | ||
| Q2 25 | $315.5M | $694.0M | ||
| Q1 25 | $369.6M | $616.0M | ||
| Q4 24 | $357.0M | $741.0M | ||
| Q3 24 | $304.8M | $628.0M |
| Q2 26 | $94.9M | — | ||
| Q1 26 | $53.3M | $40.0M | ||
| Q4 25 | $53.3M | $186.9M | ||
| Q3 25 | $49.3M | $115.5M | ||
| Q2 25 | $46.1M | $90.1M | ||
| Q1 25 | $91.8M | $50.7M | ||
| Q4 24 | $67.8M | $182.2M | ||
| Q3 24 | $58.6M | $94.2M |
| Q2 26 | 88.7% | — | ||
| Q1 26 | 87.5% | — | ||
| Q4 25 | 87.5% | 80.7% | ||
| Q3 25 | 87.1% | 78.1% | ||
| Q2 25 | 86.1% | 78.2% | ||
| Q1 25 | 90.3% | 76.8% | ||
| Q4 24 | 88.6% | 81.7% | ||
| Q3 24 | 88.8% | 80.5% |
| Q2 26 | 28.5% | — | ||
| Q1 26 | 17.9% | 9.7% | ||
| Q4 25 | 17.9% | 30.3% | ||
| Q3 25 | 9.7% | 21.8% | ||
| Q2 25 | 15.1% | 16.8% | ||
| Q1 25 | 29.2% | 8.8% | ||
| Q4 24 | 22.4% | 26.4% | ||
| Q3 24 | 15.2% | 17.3% |
| Q2 26 | 24.0% | — | ||
| Q1 26 | 15.4% | 5.8% | ||
| Q4 25 | 15.4% | 22.1% | ||
| Q3 25 | 16.1% | 15.6% | ||
| Q2 25 | 14.6% | 13.0% | ||
| Q1 25 | 24.8% | 8.2% | ||
| Q4 24 | 19.0% | 24.6% | ||
| Q3 24 | 19.2% | 15.0% |
| Q2 26 | $0.99 | — | ||
| Q1 26 | $0.55 | $0.08 | ||
| Q4 25 | $0.55 | $0.39 | ||
| Q3 25 | $0.50 | $0.23 | ||
| Q2 25 | $0.48 | $0.18 | ||
| Q1 25 | $0.94 | $0.10 | ||
| Q4 24 | $0.70 | $0.36 | ||
| Q3 24 | $0.59 | $0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $594.7M | $878.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $2.5B |
| Total Assets | $3.2B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $594.7M | — | ||
| Q1 26 | $644.6M | $878.4M | ||
| Q4 25 | $644.6M | $1.3B | ||
| Q3 25 | $702.6M | $1.4B | ||
| Q2 25 | $699.3M | $1.7B | ||
| Q1 25 | $626.6M | $1.7B | ||
| Q4 24 | $520.8M | $1.9B | ||
| Q3 24 | $482.0M | $1.7B |
| Q2 26 | $2.6B | — | ||
| Q1 26 | $2.6B | $2.5B | ||
| Q4 25 | $2.6B | $2.5B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.6B | $2.7B | ||
| Q1 25 | $2.6B | $2.7B | ||
| Q4 24 | $2.5B | $2.9B | ||
| Q3 24 | $2.5B | $2.6B |
| Q2 26 | $3.2B | — | ||
| Q1 26 | $3.2B | $5.7B | ||
| Q4 25 | $3.2B | $6.2B | ||
| Q3 25 | $3.2B | $5.9B | ||
| Q2 25 | $3.2B | $6.0B | ||
| Q1 25 | $3.2B | $5.7B | ||
| Q4 24 | $3.2B | $6.1B | ||
| Q3 24 | $3.1B | $5.5B |
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 | $147.3M | $391.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.55× | 9.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $147.3M | — | ||
| Q1 26 | $54.8M | $391.8M | ||
| Q4 25 | $54.8M | $311.6M | ||
| Q3 25 | $472.2M | $224.7M | ||
| Q2 25 | $67.7M | $165.0M | ||
| Q1 25 | $174.9M | $291.4M | ||
| Q4 24 | $106.8M | $199.4M | ||
| Q3 24 | $327.3M | $273.3M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $50.2M | $285.3M | ||
| Q3 25 | $435.9M | $158.3M | ||
| Q2 25 | $61.3M | $119.8M | ||
| Q1 25 | $168.0M | $232.3M | ||
| Q4 24 | $100.0M | $179.2M | ||
| Q3 24 | $297.2M | $224.6M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | 33.7% | ||
| Q3 25 | 142.0% | 21.4% | ||
| Q2 25 | 19.4% | 17.3% | ||
| Q1 25 | 45.5% | 37.7% | ||
| Q4 24 | 28.0% | 24.2% | ||
| Q3 24 | 97.5% | 35.8% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 3.1% | ||
| Q3 25 | 11.8% | 9.0% | ||
| Q2 25 | 2.0% | 6.5% | ||
| Q1 25 | 1.9% | 9.6% | ||
| Q4 24 | 1.9% | 2.7% | ||
| Q3 24 | 9.8% | 7.8% |
| Q2 26 | 1.55× | — | ||
| Q1 26 | 1.03× | 9.80× | ||
| Q4 25 | 1.03× | 1.67× | ||
| Q3 25 | 9.57× | 1.94× | ||
| Q2 25 | 1.47× | 1.83× | ||
| Q1 25 | 1.91× | 5.75× | ||
| Q4 24 | 1.57× | 1.09× | ||
| Q3 24 | 5.59× | 2.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLB
| Licensing | $372.2M | 94% |
| Products and services | $23.4M | 6% |
TTD
Segment breakdown not available.
