Dolby Laboratories reported third quarter fiscal 2026 results with total revenue of $305 million, down from $316 million in the prior year period. GAAP net income was $29 million or $0.30 per diluted share, compared to $46 million or $0.48 per diluted share previously. On a non-GAAP basis, net income was $65 million or $0.69 per diluted share versus $76 million or $0.78 in the prior year. The company announced a cash dividend of $0.36 per share payable on August 19, 2026 to record holders as of August 11, 2026. Additionally, the Board increased the stock repurchase program authorization by $350 million, bringing available funds to approximately $427 million. Dolby provided Q4 fiscal 2026 revenue guidance of $362–$392 million and full-year fiscal 2026 revenue estimates of $1.41–$1.44 billion. Dolby Laboratories operates in the technology industry, specializing in audio and visual entertainment technologies.