Tony Prophet
the Board of Directors (the “Board”) of the Company has appointed Tony Prophet to the Board, effective as of December 6, 2021
Highest-materiality recent filing
Dolby names Marc Whitten CEO as Kevin Yeaman retires
Marc Whitten named President, CEO, and director effective Aug 27, 2026; Kevin Yeaman retires same day.
Dolby Q3 revenue $305M, down 3.5% YoY; GAAP EPS $0.30 vs $0.48; non-GAAP EPS $0.69 vs $0.78
Revenue $305M, down from $316M YoY; GAAP net income $29M ($0.30 diluted EPS) vs $46M ($0.48).
Dolby Q2 FY26 revenue $396M (+7% YoY); GAAP EPS $0.99, non-GAAP $1.37; dividend $0.36
Total revenue $396M, up 7% from $370M in Q2 FY25. GAAP net income $95M ($0.99 diluted) vs $92M ($0.94).
All eight nominees elected; votes for ranged from 378M (Peter Gotcher) to 398M (Kevin Yeaman, others).
Dolby Q1 revenue down 2.8% to $347M; GAAP EPS $0.55 vs $0.70 YoY
Total revenue $347M ($357M YoY); GAAP net income $53M ($0.55 diluted) vs $68M ($0.70).
Dolby Q4 revenue $307M (+1% YoY); GAAP EPS $0.51, non-GAAP $0.99; declares $0.36 dividend
Q4 FY2025 revenue $307M vs $305M YoY; GAAP net income $49M ($0.51 diluted) vs $59M ($0.61).
Dolby adopts 2026 Executive Bonus Plan; CEO target 100% of salary, other NEOs 65%
CEO target bonus set at 100% of base salary; other NEOs at 65% each.
Dolby Labs beats Q3 FY2025 with $316M revenue; EPS $0.48 GAAP, $0.78 adj.
Revenue $316M vs $289M YoY (+9.3%); GAAP net income $46M ($0.48 diluted) vs $38M ($0.40).
Dolby Q2 FY2025 revenue $370M (+1.4% YoY); non-GAAP EPS $1.34 vs $1.27; dividend $0.33
Total revenue $370M, up from $365M in Q2 FY2024.
Shareholders approve officer exculpation charter amendment, re-elect directors at annual meeting
Charter amendment approved to exculpate certain officers from liability per Delaware law; filed Feb 5, 2025.
Dolby Q1 revenue $357M (+13% YoY); GAAP EPS $0.70, non-GAAP $1.14
Total revenue $357M vs $316M in Q1 FY2024; GAAP net income $68M ($0.70 diluted EPS).
Dolby Q4 revenue $305M, GAAP EPS $0.61, non-GAAP $0.81; new $250M revolver
Q4 revenue $305M (up 5% YoY); GAAP net income $59M ($0.61) vs $9M ($0.09) YoY; non-GAAP net income $78M ($0.81) vs $64M ($0.65).
Dolby adopts 2025 executive bonus plan with CEO target at 100% of base salary
CEO Kevin Yeaman target bonus set at 100% of base salary; other NEOs at 65%.
Dolby completes $429M acquisition of GE Licensing IP business
Acquired GE Licensing for $429M in cash, subject to purchase price adjustments.
Dolby Q3 revenue $288.8M (-3% YoY); GAAP EPS $0.40, non-GAAP $0.71, both up
Total revenue $288.8M vs $298.4M in Q3 FY2023; GAAP net income $38.4M ($0.40 diluted) vs $16.4M ($0.17) YoY.
Dolby Laboratories acquires GE Licensing for $429M cash; accretive to FY2025 EPS
All-cash purchase of GE Licensing from GE Aerospace for $429 million; portfolio includes over 5,000 patents in HEVC/VVC video codec.
Dolby Q2 FY2024 revenue $364.5M (-3% YoY); GAAP EPS $1.01, non-GAAP $1.27
Revenue $364.5M vs $375.9M YoY; GAAP net income $97.8M ($1.01/diluted share) vs $95.7M ($0.98) YoY.
All 8 director nominees elected with >387M votes each; Kevin Yeaman received 410.9M votes for.
Dolby Q1 revenue $315.6M, down 5.8% YoY; GAAP EPS $0.69 vs $0.82
Revenue $315.6M vs $334.9M YoY; GAAP net income $67.0M ($0.69 diluted EPS), non-GAAP $98.6M ($1.01).
Dolby Q4 revenue $290.6M; GAAP EPS $0.09 vs $0.28 YoY on $30M restructuring; non-GAAP EPS $0.65
Revenue $290.6M (+4.5% YoY); GAAP net income $9.2M ($0.09) vs $27.8M ($0.28) YoY, including ~$30M restructuring charge.
Dolby Q3 revenue up 3% to $298.4M; GAAP EPS $0.17, non-GAAP EPS $0.55; dividend $0.27
Revenue $298.4M (+3% YoY); GAAP net income $16.4M ($0.17 EPS) vs $39.6M ($0.39 EPS) prior year.
Dolby Labs Q2 FY23 revenue $376M, GAAP EPS $0.98, non-GAAP EPS $1.26; declares $0.27 dividend
Revenue $375.9M (+12% YoY); GAAP net income $95.7M ($0.98 EPS) vs $36.7M ($0.36) last year.
Dolby shareholders approve 9M share increase to 2020 Stock Plan at annual meeting
Stockholders approved amendment increasing 2020 Stock Plan share reserve from 55M to 64M shares.
Dolby Q1 revenue $334.9M (-4.7% YoY); GAAP EPS $0.82, non-GAAP EPS $1.11; declares $0.27 dividend
Revenue $334.9M, down 4.7% from $351.6M YoY.
Dolby Compensation Committee approves 2023 Executive Bonus Plan with CEO target at 100% of salary
CEO target bonus set at 100% of base salary; other named executive officers at 65%.
Dolby reports Q4 revenue $278.2M (-2% YoY) and GAAP EPS $0.28; FY revenue $1.25B; dividend $0.27
Q4 FY2022 revenue $278.2M (down 2.4% YoY from $285.0M); GAAP net income $27.8M ($0.28 EPS) vs $44.2M ($0.42) a year ago.
Dolby Q3 revenue $289.6M (+1% YoY); GAAP EPS $0.39; authorizes $350M buyback increase
Revenue $289.6M vs $286.8M YoY; GAAP net income $39.6M ($0.39 diluted EPS) down from $54.6M ($0.52 EPS) in Q3 2021.
Dolby Q2 revenue $334.4M (+4.6% YoY); GAAP EPS $0.36 vs $0.73; declares $0.25 dividend
Revenue $334.4M, up 4.6% YoY from $319.6M.
All 10 director nominees elected; top vote-getter Kevin Yeaman received 415,108,577 votes for.
Dolby Q1 revenue $351.6M (-10% YoY); GAAP EPS $0.77 vs $1.30; dividend held at $0.25
Revenue of $351.6M down from $389.9M; GAAP net income $80.0M vs $135.2M YoY.
Dolby appoints Tony Prophet to Board of Directors effective Dec 6, 2021
Tony Prophet, former Chief Equality and Recruiting Officer at Salesforce, appointed to board.
Dolby Laboratories Q4 revenue $285M, GAAP EPS $0.42; declares $0.25 dividend
Q4 revenue $285.0M (+5% YoY); GAAP EPS $0.42 vs $0.26; non-GAAP EPS $0.58 vs $0.45.
Dolby adopts 2022 executive bonus plan; Giles Baker transitions to Cloud Media Solutions role
CEO Kevin Yeaman target bonus set at 100% of base salary; other named executive officers at 65%.
Dolby appoints Robert Park as CFO; Lewis Chew to retire by end of year
Robert Park, former CFO of BlueJeans by Verizon, named SVP and CFO effective Oct 15, 2021.
Dolby Q3 FY2021 revenue $286.8M (+16% YoY) but GAAP EPS down to $0.52 from $0.66
Revenue $286.8M (up 16% YoY from $246.9M); GAAP net income $54.6M ($0.52 eps) vs $67.3M ($0.66) prior year.
the Board of Directors (the “Board”) of the Company has appointed Tony Prophet to the Board, effective as of December 6, 2021
Also on November 9, 2021, the Company announced that Giles Baker will transition from his role as Senior Vice President, Consumer Entertainment Group, to Senior Vice President, Cloud Media Solutions, and will no longer serve as a Section 16 officer for purposes of federal securities laws.
On October 15, 2021, Dolby Laboratories, Inc. (the “Company”) appointed Robert J. Park, age 51, as Senior Vice President and Chief Financial Officer.
Mr. Chew ceased to serve as Chief Financial Officer effective as of the appointment of Mr. Park
Max materiality 0.80 · Median 0.65 · Most common event earnings