Dolby reports Q3 revenue of $305M, announces $0.36 dividend and $350M stock buyback increase.

Dolby Laboratories reported $305 million in revenue for Q3 fiscal 2026, slightly down from $316 million last year. GAAP net income was $29 million, with non-GAAP net income at $65 million. The company highlighted growth in Dolby Atmos and Dolby Vision across various platforms, including the 2026 FIFA World Cup and new AR glasses. Dolby declared a $0.36 per share dividend and expanded its stock repurchase program by $350 million. It also provided cautious guidance for Q4 and full-year 2026, noting macroeconomic uncertainties affecting outlook visibility.