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杜比实验室（DLB）与Royalty Management Holding Corp（RMCO）财务数据对比。点击上方公司名可切换其他公司
杜比实验室的季度营收约是Royalty Management Holding Corp的248.2倍（$346.7M vs $1.4M）。杜比实验室净利率更高（15.4% vs -29.3%，领先44.7%）。Royalty Management Holding Corp同比增速更快（469.8% vs -2.9%）。过去两年Royalty Management Holding Corp的营收复合增速更高（193.5% vs -2.5%）
杜比实验室是一家美国科技企业，专注于音频降噪、音频编码压缩、空间音频及高动态范围（HDR）影像等技术的研发，旗下技术广泛授权给全球各地的消费电子制造商使用，助力终端产品为用户带来更出色的视听体验。
本公司旗下的Royalties是总部位于法国巴黎的品牌管理机构，该机构最早于2008年由阳狮环球与欧睿集团咨询联合创立，最初名为阳狮Royalties，如今由两位创始合伙人独立持有，在法国和中国均设有办公点。
DLB vs RMCO — 直观对比
营收规模更大
DLB
是对方的248.2倍
$1.4M
营收增速更快
RMCO
高出472.7%
-2.9%
净利率更高
DLB
高出44.7%
-29.3%
两年增速更快
RMCO
近两年复合增速
-2.5%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $346.7M | $1.4M |
| 净利润 | $53.3M | $-409.5K |
| 毛利率 | 87.5% | 12.9% |
| 营业利润率 | 17.9% | -2.6% |
| 净利率 | 15.4% | -29.3% |
| 营收同比 | -2.9% | 469.8% |
| 净利润同比 | -21.4% | -1216.7% |
| 每股收益（稀释后） | $0.55 | $-0.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DLBRMCO
| Q4 25 | $346.7M | $1.4M | ||
| Q3 25 | $307.0M | $1.3M | ||
| Q2 25 | $315.5M | $1.3M | ||
| Q1 25 | $369.6M | $923.2K | ||
| Q4 24 | $357.0M | $245.1K | ||
| Q3 24 | $304.8M | $145.6K | ||
| Q2 24 | $288.8M | $254.2K | ||
| Q1 24 | $364.5M | $162.1K |
净利润DLBRMCO
| Q4 25 | $53.3M | $-409.5K | ||
| Q3 25 | $49.3M | $-209.1K | ||
| Q2 25 | $46.1M | $-49.5K | ||
| Q1 25 | $91.8M | $-58.8K | ||
| Q4 24 | $67.8M | $-31.1K | ||
| Q3 24 | $58.6M | $-119.2K | ||
| Q2 24 | $38.4M | $-117.8K | ||
| Q1 24 | $97.8M | $153.8K |
毛利率DLBRMCO
| Q4 25 | 87.5% | 12.9% | ||
| Q3 25 | 87.1% | 11.2% | ||
| Q2 25 | 86.1% | 17.0% | ||
| Q1 25 | 90.3% | 27.4% | ||
| Q4 24 | 88.6% | 99.5% | ||
| Q3 24 | 88.8% | 96.3% | ||
| Q2 24 | 87.7% | 94.7% | ||
| Q1 24 | 89.4% | 98.3% |
营业利润率DLBRMCO
| Q4 25 | 17.9% | -2.6% | ||
| Q3 25 | 9.7% | -7.6% | ||
| Q2 25 | 15.1% | -3.6% | ||
| Q1 25 | 29.2% | -12.0% | ||
| Q4 24 | 22.4% | -8.9% | ||
| Q3 24 | 15.2% | -116.4% | ||
| Q2 24 | 12.7% | -53.1% | ||
| Q1 24 | 29.9% | 8.5% |
净利率DLBRMCO
| Q4 25 | 15.4% | -29.3% | ||
| Q3 25 | 16.1% | -16.0% | ||
| Q2 25 | 14.6% | -3.7% | ||
| Q1 25 | 24.8% | -6.4% | ||
| Q4 24 | 19.0% | -12.7% | ||
| Q3 24 | 19.2% | -81.8% | ||
| Q2 24 | 13.3% | -46.3% | ||
| Q1 24 | 26.8% | 94.9% |
每股收益（稀释后）DLBRMCO
| Q4 25 | $0.55 | $-0.04 | ||
| Q3 25 | $0.50 | $-0.01 | ||
| Q2 25 | $0.48 | $0.00 | ||
| Q1 25 | $0.94 | $0.00 | ||
| Q4 24 | $0.70 | $0.00 | ||
| Q3 24 | $0.59 | $-0.01 | ||
| Q2 24 | $0.40 | $-0.01 | ||
| Q1 24 | $1.01 | $0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $644.6M | $133.1K |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $13.7M |
| 总资产 | $3.2B | $16.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DLBRMCO
| Q4 25 | $644.6M | $133.1K | ||
| Q3 25 | $702.6M | $173.2K | ||
| Q2 25 | $699.3M | $146.7K | ||
| Q1 25 | $626.6M | $132.5K | ||
| Q4 24 | $520.8M | $114.1K | ||
| Q3 24 | $482.0M | $145.4K | ||
| Q2 24 | $869.0M | $39.1K | ||
| Q1 24 | $825.4M | — |
总债务DLBRMCO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $250.0K | ||
| Q1 25 | — | $250.0K | ||
| Q4 24 | — | $250.0K | ||
| Q3 24 | — | $252.0K | ||
| Q2 24 | — | $1.6M | ||
| Q1 24 | — | $2.2M |
股东权益DLBRMCO
| Q4 25 | $2.6B | $13.7M | ||
| Q3 25 | $2.6B | $14.1M | ||
| Q2 25 | $2.6B | $13.9M | ||
| Q1 25 | $2.6B | $14.0M | ||
| Q4 24 | $2.5B | $13.6M | ||
| Q3 24 | $2.5B | $13.5M | ||
| Q2 24 | $2.4B | $12.2M | ||
| Q1 24 | $2.4B | $11.6M |
总资产DLBRMCO
| Q4 25 | $3.2B | $16.7M | ||
| Q3 25 | $3.2B | $18.0M | ||
| Q2 25 | $3.2B | $16.9M | ||
| Q1 25 | $3.2B | $15.7M | ||
| Q4 24 | $3.2B | $15.0M | ||
| Q3 24 | $3.1B | $15.4M | ||
| Q2 24 | $3.0B | $15.2M | ||
| Q1 24 | $3.0B | $15.1M |
负债/权益比DLBRMCO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.02× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.13× | ||
| Q1 24 | — | 0.19× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $54.8M | $46.0K |
| 自由现金流经营现金流 - 资本支出 | $50.2M | — |
| 自由现金流率自由现金流/营收 | 14.5% | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | 1.03× | — |
| 过去12个月自由现金流最近4个季度 | $386.0M | — |
8季度趋势，按日历期对齐
经营现金流DLBRMCO
| Q4 25 | $54.8M | $46.0K | ||
| Q3 25 | $122.8M | $21.9K | ||
| Q2 25 | $67.7M | $250.2K | ||
| Q1 25 | $174.9M | $-327.1K | ||
| Q4 24 | $106.8M | $898.9K | ||
| Q3 24 | $116.2M | $439.8K | ||
| Q2 24 | $21.3M | $-407.1K | ||
| Q1 24 | $181.4M | $-285.3K |
自由现金流DLBRMCO
| Q4 25 | $50.2M | — | ||
| Q3 25 | $106.6M | — | ||
| Q2 25 | $61.3M | — | ||
| Q1 25 | $168.0M | — | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $108.8M | — | ||
| Q2 24 | $13.7M | — | ||
| Q1 24 | $172.5M | — |
自由现金流率DLBRMCO
| Q4 25 | 14.5% | — | ||
| Q3 25 | 34.7% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 45.5% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 35.7% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 47.3% | — |
资本支出强度DLBRMCO
| Q4 25 | 1.3% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 2.4% | — |
现金转化率DLBRMCO
| Q4 25 | 1.03× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.47× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | 1.57× | — | ||
| Q3 24 | 1.98× | — | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 1.85× | -1.86× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DLB
| Licensing Brodcast Revenue | $100.3M | 29% |
| Licensing Mobile Revenue | $74.9M | 22% |
| Licensing Other Revenue | $70.2M | 20% |
| Licensing CE Revenue | $45.6M | 13% |
| Licensing PC Revenue | $28.7M | 8% |
| Products And Services | $26.9M | 8% |
RMCO
暂无分部数据
