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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $346.7M, roughly 1.1× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 15.4% vs 1.5%, a 13.9% gap on every dollar of revenue. On growth, Dolby Laboratories, Inc. posted the faster year-over-year revenue change (-2.9% vs -12.5%). Dolby Laboratories, Inc. produced more free cash flow last quarter ($50.2M vs $23.2M). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% 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.

Expro is an energy services provider headquartered in Houston, Texas, United States.

DLB vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.1× larger
XPRO
$382.1M
$346.7M
DLB
Growing faster (revenue YoY)
DLB
DLB
+9.6% gap
DLB
-2.9%
-12.5%
XPRO
Higher net margin
DLB
DLB
13.9% more per $
DLB
15.4%
1.5%
XPRO
More free cash flow
DLB
DLB
$27.0M more FCF
DLB
$50.2M
$23.2M
XPRO
Faster 2-yr revenue CAGR
XPRO
XPRO
Annualised
XPRO
-0.2%
-2.5%
DLB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLB
DLB
XPRO
XPRO
Revenue
$346.7M
$382.1M
Net Profit
$53.3M
$5.8M
Gross Margin
87.5%
Operating Margin
17.9%
3.1%
Net Margin
15.4%
1.5%
Revenue YoY
-2.9%
-12.5%
Net Profit YoY
-21.4%
-74.9%
EPS (diluted)
$0.55
$0.05

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
XPRO
XPRO
Q4 25
$346.7M
$382.1M
Q3 25
$307.0M
$411.4M
Q2 25
$315.5M
$422.7M
Q1 25
$369.6M
$390.9M
Q4 24
$357.0M
$436.8M
Q3 24
$304.8M
$422.8M
Q2 24
$288.8M
$469.6M
Q1 24
$364.5M
$383.5M
Net Profit
DLB
DLB
XPRO
XPRO
Q4 25
$53.3M
$5.8M
Q3 25
$49.3M
$14.0M
Q2 25
$46.1M
$18.0M
Q1 25
$91.8M
$13.9M
Q4 24
$67.8M
$23.0M
Q3 24
$58.6M
$16.3M
Q2 24
$38.4M
$15.3M
Q1 24
$97.8M
$-2.7M
Gross Margin
DLB
DLB
XPRO
XPRO
Q4 25
87.5%
Q3 25
87.1%
Q2 25
86.1%
Q1 25
90.3%
Q4 24
88.6%
Q3 24
88.8%
Q2 24
87.7%
Q1 24
89.4%
Operating Margin
DLB
DLB
XPRO
XPRO
Q4 25
17.9%
3.1%
Q3 25
9.7%
6.4%
Q2 25
15.1%
7.7%
Q1 25
29.2%
2.6%
Q4 24
22.4%
7.3%
Q3 24
15.2%
6.2%
Q2 24
12.7%
5.9%
Q1 24
29.9%
2.2%
Net Margin
DLB
DLB
XPRO
XPRO
Q4 25
15.4%
1.5%
Q3 25
16.1%
3.4%
Q2 25
14.6%
4.3%
Q1 25
24.8%
3.6%
Q4 24
19.0%
5.3%
Q3 24
19.2%
3.8%
Q2 24
13.3%
3.3%
Q1 24
26.8%
-0.7%
EPS (diluted)
DLB
DLB
XPRO
XPRO
Q4 25
$0.55
$0.05
Q3 25
$0.50
$0.12
Q2 25
$0.48
$0.16
Q1 25
$0.94
$0.12
Q4 24
$0.70
$0.20
Q3 24
$0.59
$0.14
Q2 24
$0.40
$0.13
Q1 24
$1.01
$-0.02

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$644.6M
$196.1M
Total DebtLower is stronger
$79.1M
Stockholders' EquityBook value
$2.6B
$1.5B
Total Assets
$3.2B
$2.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
XPRO
XPRO
Q4 25
$644.6M
$196.1M
Q3 25
$702.6M
$197.9M
Q2 25
$699.3M
$206.8M
Q1 25
$626.6M
$179.3M
Q4 24
$520.8M
$183.0M
Q3 24
$482.0M
$165.7M
Q2 24
$869.0M
$133.5M
Q1 24
$825.4M
$163.2M
Total Debt
DLB
DLB
XPRO
XPRO
Q4 25
$79.1M
Q3 25
$99.1M
Q2 25
$121.1M
Q1 25
$121.1M
Q4 24
$121.1M
Q3 24
$121.1M
Q2 24
$121.1M
Q1 24
$40.0M
Stockholders' Equity
DLB
DLB
XPRO
XPRO
Q4 25
$2.6B
$1.5B
Q3 25
$2.6B
$1.5B
Q2 25
$2.6B
$1.5B
Q1 25
$2.6B
$1.5B
Q4 24
$2.5B
$1.5B
Q3 24
$2.5B
$1.5B
Q2 24
$2.4B
$1.5B
Q1 24
$2.4B
$1.3B
Total Assets
DLB
DLB
XPRO
XPRO
Q4 25
$3.2B
$2.3B
Q3 25
$3.2B
$2.3B
Q2 25
$3.2B
$2.3B
Q1 25
$3.2B
$2.3B
Q4 24
$3.2B
$2.3B
Q3 24
$3.1B
$2.3B
Q2 24
$3.0B
$2.3B
Q1 24
$3.0B
$2.0B
Debt / Equity
DLB
DLB
XPRO
XPRO
Q4 25
0.05×
Q3 25
0.07×
Q2 25
0.08×
Q1 25
0.08×
Q4 24
0.08×
Q3 24
0.08×
Q2 24
0.08×
Q1 24
0.03×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$54.8M
$57.1M
Free Cash FlowOCF − Capex
$50.2M
$23.2M
FCF MarginFCF / Revenue
14.5%
6.1%
Capex IntensityCapex / Revenue
1.3%
8.9%
Cash ConversionOCF / Net Profit
1.03×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$715.3M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
XPRO
XPRO
Q4 25
$54.8M
$57.1M
Q3 25
$472.2M
$63.2M
Q2 25
$67.7M
$48.4M
Q1 25
$174.9M
$41.5M
Q4 24
$106.8M
$97.4M
Q3 24
$327.3M
$55.3M
Q2 24
$21.3M
$-13.2M
Q1 24
$181.4M
$29.9M
Free Cash Flow
DLB
DLB
XPRO
XPRO
Q4 25
$50.2M
$23.2M
Q3 25
$435.9M
$39.0M
Q2 25
$61.3M
$27.2M
Q1 25
$168.0M
$8.4M
Q4 24
$100.0M
$53.0M
Q3 24
$297.2M
$23.3M
Q2 24
$13.7M
$-49.5M
Q1 24
$172.5M
$-801.0K
FCF Margin
DLB
DLB
XPRO
XPRO
Q4 25
14.5%
6.1%
Q3 25
142.0%
9.5%
Q2 25
19.4%
6.4%
Q1 25
45.5%
2.1%
Q4 24
28.0%
12.1%
Q3 24
97.5%
5.5%
Q2 24
4.7%
-10.5%
Q1 24
47.3%
-0.2%
Capex Intensity
DLB
DLB
XPRO
XPRO
Q4 25
1.3%
8.9%
Q3 25
11.8%
5.9%
Q2 25
2.0%
5.0%
Q1 25
1.9%
8.5%
Q4 24
1.9%
10.2%
Q3 24
9.8%
7.6%
Q2 24
2.6%
7.7%
Q1 24
2.4%
8.0%
Cash Conversion
DLB
DLB
XPRO
XPRO
Q4 25
1.03×
9.89×
Q3 25
9.57×
4.52×
Q2 25
1.47×
2.69×
Q1 25
1.91×
2.98×
Q4 24
1.57×
4.23×
Q3 24
5.59×
3.40×
Q2 24
0.55×
-0.86×
Q1 24
1.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLB
DLB

Licensing Brodcast Revenue$100.3M29%
Licensing Mobile Revenue$74.9M22%
Licensing Other Revenue$70.2M20%
Licensing CE Revenue$45.6M13%
Licensing PC Revenue$28.7M8%
Products And Services$26.9M8%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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