Automotive stole the show in Dolby’s Q1 2025 earnings, with executives waxing lyrical about new in-car entertainment deals. But without any product-line-level transparency in the quarterly filing, we are left to take the company’s word for it that a slew of auto brand deals contributed to Dolby’s total revenue of $369.6 million for the quarter—though this was up just 1% year-over-year. Licensing revenue rose slightly to $346 million (from $338.2 million a year earlier), while products and services fell 10% to $23.55 million. The automotive vertical was hailed as the engine of future growth. Porsche will offer Dolby Atmos in its 2026 models, while Cadillac plans to integrate Atmos across its full 2026 EV lineup. New Dolby Atmos and/or Dolby…