Login
Proto Labs, Inc. logo

Proto Labs, Inc.

protolabs.com

What Do They Do?

Makes custom plastic, metal and silicone rubber parts through molding, machining and printing for product developers, engineers and procurement teams.

How Do They Make Money?

Customers buy custom parts and molds; most sales are tied to completed, invoiced contracts, while qualifying custom orders are paid for as production progresses.

revenue
SegmentShareRevenue
Injection Molding
Recurring

36%
FY2022: 41%
CNC Machining
Recurring

46%
FY2022: 39%
3D Printing
Recurring

15%
FY2022: 16%
Sheet Metal
Recurring
3.2%
FY2022: 4.0%
Other Revenue
0.2%
FY2022: 0.2%

Who Are Their Customers?

Customers submit part designs online, get a quotation, adjust order details and finalize orders through the web tools; the customer base ranges from large organizations to entrepreneurs and small business owners.

Do Revenues Turn Into Profits?

Yes. It kept 4 cents of every revenue dollar as net income in FY2025 and turned 11 cents into free cash flow.

Operating income, FY2025
5% of revenue
▲ +26% vs FY2024 ($19.9M, 4%)
Net income, FY2025
4% of revenue
▲ +28% vs FY2024 ($16.6M, 3%)
Free cash flow, FY2025
11% of revenue
▼ −13% vs FY2024 ($68.7M, 14%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +11%
vs $135.1M in Q2 FY2025
Net income
▲ +107%
vs $4.4M in Q2 FY2025

Growing. Revenue grew 9% in 4 years, from $488.1M in FY2021 to $533.1M in FY2025, about 2% a year.

Revenue over time
Injection Molding CNC Machining 3D Printing Sheet Metal Other Revenue
$1B$500M$0

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support