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Side-by-side financial comparison of Dolby Laboratories, Inc. (DLB) and Zurn Elkay Water Solutions Corp (ZWS). Click either name above to swap in a different company.

Zurn Elkay Water Solutions Corp is the larger business by last-quarter revenue ($407.2M vs $395.6M, roughly 1.0× Dolby Laboratories, Inc.). Dolby Laboratories, Inc. runs the higher net margin — 24.0% vs 10.3%, a 13.7% gap on every dollar of revenue. On growth, Zurn Elkay Water Solutions Corp posted the faster year-over-year revenue change (9.8% vs 7.1%). Over the past eight quarters, Dolby Laboratories, Inc.'s revenue compounded faster (13.9% CAGR vs 4.4%).

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.

Zurn Elkay Water Solutions Corp designs, manufactures, and distributes a wide range of water management and dispensing products, including commercial plumbing fixtures, drinking fountains, water filtration systems, and flow control components. It serves commercial, residential, industrial, and public infrastructure markets primarily across North America, with a focus on delivering sustainable, water-efficient solutions for diverse end-user needs.

DLB vs ZWS — Head-to-Head

Bigger by revenue
ZWS
ZWS
1.0× larger
ZWS
$407.2M
$395.6M
DLB
Growing faster (revenue YoY)
ZWS
ZWS
+2.8% gap
ZWS
9.8%
7.1%
DLB
Higher net margin
DLB
DLB
13.7% more per $
DLB
24.0%
10.3%
ZWS
Faster 2-yr revenue CAGR
DLB
DLB
Annualised
DLB
13.9%
4.4%
ZWS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DLB
DLB
ZWS
ZWS
Revenue
$395.6M
$407.2M
Net Profit
$94.9M
$42.1M
Gross Margin
88.7%
44.4%
Operating Margin
28.5%
14.8%
Net Margin
24.0%
10.3%
Revenue YoY
7.1%
9.8%
Net Profit YoY
3.4%
15.7%
EPS (diluted)
$0.99
$0.24

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
ZWS
ZWS
Q2 26
$395.6M
Q1 26
$346.7M
Q4 25
$346.7M
$407.2M
Q3 25
$307.0M
$455.4M
Q2 25
$315.5M
$444.5M
Q1 25
$369.6M
$388.8M
Q4 24
$357.0M
$370.7M
Q3 24
$304.8M
$410.0M
Net Profit
DLB
DLB
ZWS
ZWS
Q2 26
$94.9M
Q1 26
$53.3M
Q4 25
$53.3M
$42.1M
Q3 25
$49.3M
$61.8M
Q2 25
$46.1M
$50.5M
Q1 25
$91.8M
$43.6M
Q4 24
$67.8M
$36.4M
Q3 24
$58.6M
$43.5M
Gross Margin
DLB
DLB
ZWS
ZWS
Q2 26
88.7%
Q1 26
87.5%
Q4 25
87.5%
44.4%
Q3 25
87.1%
44.1%
Q2 25
86.1%
45.5%
Q1 25
90.3%
46.6%
Q4 24
88.6%
43.5%
Q3 24
88.8%
46.2%
Operating Margin
DLB
DLB
ZWS
ZWS
Q2 26
28.5%
Q1 26
17.9%
Q4 25
17.9%
14.8%
Q3 25
9.7%
17.0%
Q2 25
15.1%
17.5%
Q1 25
29.2%
16.3%
Q4 24
22.4%
13.3%
Q3 24
15.2%
17.1%
Net Margin
DLB
DLB
ZWS
ZWS
Q2 26
24.0%
Q1 26
15.4%
Q4 25
15.4%
10.3%
Q3 25
16.1%
13.6%
Q2 25
14.6%
11.4%
Q1 25
24.8%
11.2%
Q4 24
19.0%
9.8%
Q3 24
19.2%
10.6%
EPS (diluted)
DLB
DLB
ZWS
ZWS
Q2 26
$0.99
Q1 26
$0.55
Q4 25
$0.55
$0.24
Q3 25
$0.50
$0.36
Q2 25
$0.48
$0.29
Q1 25
$0.94
$0.26
Q4 24
$0.70
$0.21
Q3 24
$0.59
$0.25

Balance Sheet & Financial Strength

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

Metric
DLB
DLB
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$594.7M
$300.5M
Total DebtLower is stronger
$496.5M
Stockholders' EquityBook value
$2.6B
$1.6B
Total Assets
$3.2B
$2.7B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLB
DLB
ZWS
ZWS
Q2 26
$594.7M
Q1 26
$644.6M
Q4 25
$644.6M
$300.5M
Q3 25
$702.6M
$260.1M
Q2 25
$699.3M
$201.9M
Q1 25
$626.6M
$144.7M
Q4 24
$520.8M
$198.0M
Q3 24
$482.0M
$187.9M
Total Debt
DLB
DLB
ZWS
ZWS
Q2 26
Q1 26
Q4 25
$496.5M
Q3 25
$496.4M
Q2 25
$495.9M
Q1 25
$495.8M
Q4 24
$495.6M
Q3 24
$495.6M
Stockholders' Equity
DLB
DLB
ZWS
ZWS
Q2 26
$2.6B
Q1 26
$2.6B
Q4 25
$2.6B
$1.6B
Q3 25
$2.6B
$1.6B
Q2 25
$2.6B
$1.6B
Q1 25
$2.6B
$1.5B
Q4 24
$2.5B
$1.6B
Q3 24
$2.5B
$1.6B
Total Assets
DLB
DLB
ZWS
ZWS
Q2 26
$3.2B
Q1 26
$3.2B
Q4 25
$3.2B
$2.7B
Q3 25
$3.2B
$2.7B
Q2 25
$3.2B
$2.7B
Q1 25
$3.2B
$2.6B
Q4 24
$3.2B
$2.6B
Q3 24
$3.1B
$2.7B
Debt / Equity
DLB
DLB
ZWS
ZWS
Q2 26
Q1 26
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.31×
Q3 24
0.31×

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
ZWS
ZWS
Operating Cash FlowLast quarter
$147.3M
$91.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.55×
2.18×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLB
DLB
ZWS
ZWS
Q2 26
$147.3M
Q1 26
$54.8M
Q4 25
$54.8M
$91.7M
Q3 25
$472.2M
$101.3M
Q2 25
$67.7M
$110.6M
Q1 25
$174.9M
$42.9M
Q4 24
$106.8M
$63.6M
Q3 24
$327.3M
$90.9M
Free Cash Flow
DLB
DLB
ZWS
ZWS
Q2 26
Q1 26
Q4 25
$50.2M
Q3 25
$435.9M
Q2 25
$61.3M
Q1 25
$168.0M
Q4 24
$100.0M
Q3 24
$297.2M
FCF Margin
DLB
DLB
ZWS
ZWS
Q2 26
Q1 26
Q4 25
14.5%
Q3 25
142.0%
Q2 25
19.4%
Q1 25
45.5%
Q4 24
28.0%
Q3 24
97.5%
Capex Intensity
DLB
DLB
ZWS
ZWS
Q2 26
Q1 26
Q4 25
1.3%
Q3 25
11.8%
Q2 25
2.0%
Q1 25
1.9%
Q4 24
1.9%
Q3 24
9.8%
Cash Conversion
DLB
DLB
ZWS
ZWS
Q2 26
1.55×
Q1 26
1.03×
Q4 25
1.03×
2.18×
Q3 25
9.57×
1.64×
Q2 25
1.47×
2.19×
Q1 25
1.91×
0.98×
Q4 24
1.57×
1.75×
Q3 24
5.59×
2.09×

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%

ZWS
ZWS

Segment breakdown not available.

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