Dolby Laboratories Inc
For the period ended Mar 28, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 28, 2025 · Filed May 1, 2025
DLB$64.79-0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
FORM 10-Q
For the Fiscal Quarter Ended March 28, 2025
TABLE OF CONTENTS
| PART I – FINANCIAL INFORMATION | ||
|---|---|---|
| Item 1. | Unaudited Interim Condensed Consolidated Financial Statements | 4 |
| Unaudited Interim Condensed Consolidated Balance Sheets | 4 | |
| Unaudited Interim Condensed Consolidated Statements of Operations | 5 | |
| Unaudited Interim Condensed Consolidated Statements of Comprehensive Income | 6 | |
| Unaudited Interim Condensed Consolidated Statements of Stockholders' Equity | 7 | |
| Unaudited Interim Condensed Consolidated Statements of Cash Flows | 9 | |
| Notes to Unaudited Interim Condensed Consolidated Financial Statements | 10 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 37 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 58 |
| Item 4. | Controls and Procedures | 60 |
| PART II – OTHER INFORMATION | ||
| Item 1. | Legal Proceedings | 61 |
| Item 1A. | Risk Factors | 61 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 77 |
| Item 5. | Other Information | 77 |
| Item 6. | Exhibits | 79 |
| Signature | ||
GLOSSARY OF TERMS
The following table summarizes certain terms and abbreviations that may be used within the text of this report:
| Abbreviation | Term |
|---|---|
| AAC | Advanced Audio Coding |
| AFS | Available-For-Sale (Securities) |
| AOCI | Accumulated Other Comprehensive Income (Loss) |
| API | Application Programming Interface |
| APIC | Additional Paid In-Capital |
| ARPU | Average Revenue Per Unit |
| ASC | Accounting Standards Codification |
| ASU | Accounting Standards Update |
| AVC | Advanced Video Coding |
| AVR | Audio/Video Receiver |
| CE | Consumer Electronics |
| CES | Consumer Electronics Show |
| CODM | Chief Operating Decision Maker |
| COSO | Committee Of Sponsoring Organizations (Of The Treadway Commission) |
| DD | Dolby Digital® |
| DD+ | Dolby Digital Plus™ |
| DMA | Digital Media Adapter |
| DTV | Digital Television |
| DVD | Digital Versatile Disc |
| EPS | Earnings Per Share |
| ESP | Estimated Selling Price |
| ESPP | Employee Stock Purchase Plan |
| FASB | Financial Accounting Standards Board |
| FCPA | Foreign Corrupt Practices Act |
| G&A | General and Administrative |
| HDR | High-Dynamic Range |
| HE-AAC | High Efficiency Advanced Audio Coding |
| HEVC | High Efficiency Video Coding |
| IC | Integrated Circuit |
| IBR | Incremental Borrowing Rate |
| IP | Intellectual Property |
| LP | Limited Partner/Partnership |
| NOL | Net Operating Loss |
| OECD | Organization For Economic Co-Operation & Development |
| OEM | Original Equipment Manufacturer |
| OTT | Over-The-Top |
| PC | Personal Computer |
| PCS | Post-Contract Support |
| PLF | Premium Large Format |
| PP&E | Property, Plant, and Equipment |
| PSO | Performance-Based Stock Option |
| PSU | Performance-Based Restricted Stock Unit |
| R&D | Research and Development |
| ROU | Right-Of-Use |
| RSU | Restricted Stock Unit |
| S&M | Sales and Marketing |
| SEC | U.S. Securities and Exchange Commission |
| SERP | Supplemental Executive Retirement Plan |
| STB | Set-Top Box |
| TSR | Total Stockholder Return |
| U.S. GAAP | Generally Accepted Accounting Principles In The United States |
| VVC | Versatile Video Coding |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.