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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Dolby Laboratories, Inc. is the larger business by last-quarter revenue ($395.6M vs $192.4M, roughly 2.1× Xometry, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs -4.5%, a 28.5% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 7.1%). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% 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.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
DLB vs XMTR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $395.6M | $192.4M |
| Net Profit | $94.9M | $-8.6M |
| Gross Margin | 88.7% | 39.1% |
| Operating Margin | 28.5% | -4.6% |
| Net Margin | 24.0% | -4.5% |
| Revenue YoY | 7.1% | 29.5% |
| Net Profit YoY | 3.4% | 12.7% |
| EPS (diluted) | $0.99 | — |
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 | — | ||
| Q4 25 | $346.7M | $192.4M | ||
| Q3 25 | $307.0M | $180.7M | ||
| Q2 25 | $315.5M | $162.5M | ||
| Q1 25 | $369.6M | $151.0M | ||
| Q4 24 | $357.0M | $148.5M | ||
| Q3 24 | $304.8M | $141.7M |
| Q2 26 | $94.9M | — | ||
| Q1 26 | $53.3M | — | ||
| Q4 25 | $53.3M | $-8.6M | ||
| Q3 25 | $49.3M | $-11.6M | ||
| Q2 25 | $46.1M | $-26.4M | ||
| Q1 25 | $91.8M | $-15.1M | ||
| Q4 24 | $67.8M | $-9.9M | ||
| Q3 24 | $58.6M | $-10.2M |
| Q2 26 | 88.7% | — | ||
| Q1 26 | 87.5% | — | ||
| Q4 25 | 87.5% | 39.1% | ||
| Q3 25 | 87.1% | 39.9% | ||
| Q2 25 | 86.1% | 40.1% | ||
| Q1 25 | 90.3% | 37.3% | ||
| Q4 24 | 88.6% | 39.7% | ||
| Q3 24 | 88.8% | 39.4% |
| Q2 26 | 28.5% | — | ||
| Q1 26 | 17.9% | — | ||
| Q4 25 | 17.9% | -4.6% | ||
| Q3 25 | 9.7% | -6.1% | ||
| Q2 25 | 15.1% | -6.3% | ||
| Q1 25 | 29.2% | -10.2% | ||
| Q4 24 | 22.4% | -7.8% | ||
| Q3 24 | 15.2% | -8.1% |
| Q2 26 | 24.0% | — | ||
| Q1 26 | 15.4% | — | ||
| Q4 25 | 15.4% | -4.5% | ||
| Q3 25 | 16.1% | -6.4% | ||
| Q2 25 | 14.6% | -16.3% | ||
| Q1 25 | 24.8% | -10.0% | ||
| Q4 24 | 19.0% | -6.7% | ||
| Q3 24 | 19.2% | -7.2% |
| Q2 26 | $0.99 | — | ||
| Q1 26 | $0.55 | — | ||
| Q4 25 | $0.55 | — | ||
| Q3 25 | $0.50 | — | ||
| Q2 25 | $0.48 | — | ||
| Q1 25 | $0.94 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $0.59 | — |
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 | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.6B | $275.6M |
| Total Assets | $3.2B | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $594.7M | — | ||
| Q1 26 | $644.6M | — | ||
| Q4 25 | $644.6M | $219.1M | ||
| Q3 25 | $702.6M | $224.5M | ||
| Q2 25 | $699.3M | $225.8M | ||
| Q1 25 | $626.6M | $231.4M | ||
| Q4 24 | $520.8M | $239.8M | ||
| Q3 24 | $482.0M | $234.0M |
| Q2 26 | $2.6B | — | ||
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $275.6M | ||
| Q3 25 | $2.6B | $272.0M | ||
| Q2 25 | $2.6B | $270.4M | ||
| Q1 25 | $2.6B | $309.9M | ||
| Q4 24 | $2.5B | $314.5M | ||
| Q3 24 | $2.5B | $315.2M |
| Q2 26 | $3.2B | — | ||
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $703.7M | ||
| Q3 25 | $3.2B | $698.9M | ||
| Q2 25 | $3.2B | $687.0M | ||
| Q1 25 | $3.2B | $690.1M | ||
| Q4 24 | $3.2B | $680.1M | ||
| Q3 24 | $3.1B | $678.2M |
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 | $4.4M |
| Free Cash FlowOCF − Capex | — | $-5.9M |
| FCF MarginFCF / Revenue | — | -3.0% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | 1.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $147.3M | — | ||
| Q1 26 | $54.8M | — | ||
| Q4 25 | $54.8M | $4.4M | ||
| Q3 25 | $472.2M | $5.8M | ||
| Q2 25 | $67.7M | $-427.0K | ||
| Q1 25 | $174.9M | $-3.7M | ||
| Q4 24 | $106.8M | $9.1M | ||
| Q3 24 | $327.3M | $-3.6M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $50.2M | $-5.9M | ||
| Q3 25 | $435.9M | $-1.7M | ||
| Q2 25 | $61.3M | $-7.4M | ||
| Q1 25 | $168.0M | $-9.2M | ||
| Q4 24 | $100.0M | $4.5M | ||
| Q3 24 | $297.2M | $-8.4M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | -3.0% | ||
| Q3 25 | 142.0% | -0.9% | ||
| Q2 25 | 19.4% | -4.5% | ||
| Q1 25 | 45.5% | -6.1% | ||
| Q4 24 | 28.0% | 3.1% | ||
| Q3 24 | 97.5% | -6.0% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 5.3% | ||
| Q3 25 | 11.8% | 4.1% | ||
| Q2 25 | 2.0% | 4.3% | ||
| Q1 25 | 1.9% | 3.6% | ||
| Q4 24 | 1.9% | 3.1% | ||
| Q3 24 | 9.8% | 3.4% |
| 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
| Licensing | $372.2M | 94% |
| Products and services | $23.4M | 6% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
