I used RightMark Audio Analyzer to test the output of the Pi 3 (via my Rega DAC) vs the output over the laptop. Dynamic range is good, with the Pi offering an additional 1 bit of resolution over the laptop out. I'm confused by the high amounts of THD and IMD though. This occurs when using the Pi's USB out and my Digi+ coaxial out. It doesn't occur with the Pi's analog out however. I have tested every "sound signature" and they all produce the same distortion figures. Could someone kindly replicate the test with their DAC and see what the results say?
From left to right: My soundcard, my laptop USB out to DAC, Pi USB out to DAC, Digi+ coax to DAC, Pi analog out.