Dolby Laboratories (DLB) Operating Margin (2009 - 2026)

Dolby Laboratories' Operating Margin history runs 18 years deep, the most recent figure standing at 28.55% for Q1 2026.

• Quarterly Operating Margin fell 61.0% year-over-year to 28.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.49% (down 202.0% YoY) and the FY2025 annual result came in at 19.64%, down 64.0% from the prior year.
• Operating Margin was 28.55% for Q1 2026 at Dolby Laboratories, up from 17.93% in the prior quarter.
• Across five years, Operating Margin topped out at 29.89% in Q1 2024 and bottomed at 1.2% in Q3 2023.
• A 5-year average of 17.73% and a median of 15.73% in 2022 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2022 — Operating Margin sank 1307 bps — and 2024, when it jumped 1641 bps.
• Dolby Laboratories' Operating Margin stood at 28.09% in 2022, then fell by 25 bps to 20.98% in 2023, then gained by 7 bps to 22.38% in 2024, then retreated by 20 bps to 17.93% in 2025, then surged by 59 bps to 28.55% in 2026.
• Business Quant data shows DLB's Operating Margin at 28.55% in Q1 2026, 17.93% in Q4 2025, and 9.67% in Q3 2025.