Dolby vs Procore
Dolby reported revenue of $1.3 billion in fiscal 2025, about the same as Procore's $1.3 billion in fiscal 2025. Dolby's revenue grew 5.9% in its latest year, and Procore's grew 14.8%. Dolby had an operating margin of 19.6%, against -9.4% at Procore. Free cash flow was $436 million at Dolby and $282 million at Procore. Their fiscal years end in different months (September 26 and December 31), so the periods don't line up exactly.
Side by side
| Dolby | Procore | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 26, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.3B | $1.3B |
| Revenue growth | 5.9% | 14.8% |
| Revenue growth a year, last 5 years | 3.0% | 27.0% |
| Gross margin | 88.1% | 79.5% |
| Operating margin | 19.6% | −9.4% |
| Net margin | 18.9% | −7.6% |
| Free cash flow | $436M | $282M |
| Free cash flow margin | 32.3% | 21.3% |
| Return on capital | 11.4% | — |
| Net debt to EBITDA | −2.0x | — |
| Dividends and buybacks | $252M | $129M |
| Change in diluted share count | 0.2% | 1.9% |
| Last close | $64.83 | $75.33 |
| P/E at the last close | 27.6× | — |
| Insider trades, last 12 months | sold $14.2 million | sold $79.7 million |
| Piotroski F-score | 5 of 9 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
DolbyProcore
Operating margin
Percent of revenue
DolbyProcore
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
DolbyProcore