Invesaro

Stocks Comparison

Dolby Laboratories vs VirnetX: revenue, profit, margins and growth compared

Dolby Laboratories brought in $1.3B of revenue in fiscal 2025, VirnetX $162K in fiscal 2025. Revenue changed by +5.9% at Dolby Laboratories and +3,140.0% at VirnetX on the year before, so VirnetX grew faster. Dolby Laboratories kept 18.9% of its revenue as net profit, VirnetX -11,250.0%. Free cash flow was $435.9M at Dolby Laboratories and -$15.7M at VirnetX.

Side by side, latest fiscal year

DLBVHC
Fiscal year endedFY2025 (September 26, 2025)FY2025 (December 31, 2025)
Revenue$1.3B$162K
Revenue growth+5.9%+3,140.0%
Net income$255M-$18.2M
Net margin18.9%-11,250.0%
Free cash flow$435.9M-$15.7M
Free cash flow margin32.3%-9,667.3%
Earnings per share (diluted)$2.62-$5.00
Cash$701.9M$15.5M
Debtn/an/a
Price to earnings22.4n/a
Market value$5.5B$43.7M
Dividend yield2.25%n/a
Rank by revenue in sector#11 of 34 · Other#33 of 34 · Other

Over the years

Revenue
DLB FY2018: $1.1BDLB FY2019: $1.2BDLB FY2020: $1.2BDLB FY2021: $1.3BDLB FY2022: $1.3BDLB FY2023: $1.3BDLB FY2024: $1.3BDLB FY2025: $1.3BVHC FY2018: $63KVHC FY2019: $85KVHC FY2020: $302.6MVHC FY2021: $35KVHC FY2022: $48KVHC FY2023: $7KVHC FY2024: $5KVHC FY2025: $162KFY18FY19FY20FY21FY22FY23FY24FY25
DLB $1.3BVHC $162K
Net income
DLB FY2018: $41.7MDLB FY2019: $255.2MDLB FY2020: $231.4MDLB FY2021: $310.2MDLB FY2022: $184.1MDLB FY2023: $200.7MDLB FY2024: $261.8MDLB FY2025: $255MVHC FY2018: -$25.4MVHC FY2019: -$19.2MVHC FY2020: $280.4MVHC FY2021: -$42.9MVHC FY2022: -$36.3MVHC FY2023: -$27.9MVHC FY2024: -$18.2MVHC FY2025: -$18.2MFY18FY19FY20FY21FY22FY23FY24FY25
DLB $255MVHC -$18.2M
Net margin
DLB FY2018: 4.0%DLB FY2019: 20.5%DLB FY2020: 19.9%DLB FY2021: 24.2%DLB FY2022: 14.7%DLB FY2023: 15.4%DLB FY2024: 20.6%DLB FY2025: 18.9%VHC FY2018: -40,327.0%VHC FY2019: -22,564.7%VHC FY2020: 92.7%VHC FY2021: -122,631.4%VHC FY2022: -75,541.7%VHC FY2023: -398,157.1%VHC FY2024: -363,500.0%VHC FY2025: -11,250.0%FY18FY19FY20FY21FY22FY23FY24FY25
DLB 18.9%VHC -11,250.0%
Revenue growth
DLB FY2019: +17.7%DLB FY2020: -6.4%DLB FY2021: +10.3%DLB FY2022: -2.1%DLB FY2023: +3.7%DLB FY2024: -2.0%DLB FY2025: +5.9%VHC FY2019: +34.9%VHC FY2020: +355,942.4%VHC FY2021: -100.0%VHC FY2022: +37.1%VHC FY2023: -85.4%VHC FY2024: -28.6%VHC FY2025: +3,140.0%FY19FY20FY21FY22FY23FY24FY25
DLB +5.9%VHC +3,140.0%
Free cash flow
DLB FY2018: $279.4MDLB FY2019: $231.4MDLB FY2020: $277.5MDLB FY2021: $393.3MDLB FY2022: $270.6MDLB FY2023: $336.7MDLB FY2024: $297.2MDLB FY2025: $435.9MVHC FY2018: -$22.3MVHC FY2019: -$15.1MVHC FY2020: $281.4MVHC FY2021: -$51.7MVHC FY2022: -$16.9MVHC FY2023: -$24.8MVHC FY2024: -$15.3MVHC FY2025: -$15.7MFY18FY19FY20FY21FY22FY23FY24FY25
DLB $435.9MVHC -$15.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Dolby Laboratories and VirnetX

Which is bigger by revenue, Dolby Laboratories or VirnetX?

Dolby Laboratories is bigger by revenue: $1.3B in fiscal 2025, against $162K for VirnetX in fiscal 2025.

Which keeps more of its revenue as profit, Dolby Laboratories or VirnetX?

Dolby Laboratories had a net margin of 18.9% in fiscal 2025; VirnetX had -11,250.0% in fiscal 2025.

Which grew revenue faster, Dolby Laboratories or VirnetX?

In their latest fiscal years revenue changed by +5.9% at Dolby Laboratories and +3,140.0% at VirnetX.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies