15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 4.2% per year over the past 5 years.
Net income has grown slower than revenue (-16.0% vs 4.2% per year).
Operating margin has contracted, at 4.7% in the latest year.
Free cash flow has declined 0.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$533M
$21M
44.5%
4.7%
$60M
—
$111M
2024
$501M
$17M
44.6%
4.0%
$69M
—
$89M
2023
$504M
$17M
44.1%
5.6%
$45M
—
$84M
2022
$488M
-$103M
44.1%
-20.1%
$40M
—
$57M
2021
$488M
$33M
45.6%
8.3%
$21M
—
$66M
2020
$434M
$51M
50.1%
13.8%
$60M
—
$128M
2019
$459M
$64M
51.3%
17.4%
$54M
—
$125M
2018
$446M
$77M
53.6%
20.0%
$36M
—
$85M
2017
$344M
$52M
56.3%
21.0%
$49M
—
$37M
2016
$298M
$43M
56.0%
20.7%
$44M
$0
$69M
2015
—
$47M
—
—
$20M
$0
$48M
2014
—
$42M
—
—
—
—
$43M
2013
—
$35M
—
—
—
$363000
$43M
2013
—
$28M
—
—
—
—
$28M
2012
—
$24M
—
—
$8M
—
$37M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$139M
$8M
45.6%
7.1%
$14M
—
$124M
Dec '25
$136M
$6M
44.2%
5.0%
$8M
—
$111M
Sep '25
$135M
$7M
45.3%
6.5%
$25M
—
$104M
Jun '25
$135M
$4M
44.3%
3.7%
$9M
—
$90M
Mar '25
$126M
$4M
44.1%
3.6%
$17M
—
$83M
Dec '24
$122M
-$404000
42.7%
-1.2%
$16M
—
$89M
Sep '24
$126M
$7M
45.6%
6.8%
$23M
—
$88M
Jun '24
$126M
$5M
45.0%
4.8%
$10M
—
$96M
Mar '24
$128M
$5M
44.9%
5.3%
$19M
—
$93M
Dec '23
$125M
$7M
44.6%
6.7%
-$953000
—
$84M
Sep '23
$131M
$8M
45.4%
8.0%
$21M
—
$83M
Jun '23
$122M
-$383000
43.4%
4.6%
$6M
—
$66M
Mar '23
$126M
$3M
42.7%
3.0%
$19M
—
$62M
Dec '22
$116M
-$115M
42.0%
-101.3%
$5M
—
$57M
Sep '22
$122M
$4M
44.1%
5.0%
$10M
—
$59M
Jun '22
$127M
$3M
45.2%
4.1%
$10M
—
$55M
Mar '22
$124M
$5M
44.9%
6.4%
$15M
—
$57M
Dec '21
$124M
$12M
44.8%
10.6%
$17M
—
$66M
Sep '21
$125M
$5M
44.1%
5.5%
$7M
—
$48M
Jun '21
$123M
$13M
46.0%
13.1%
-$3M
—
$42M
Valuation over time
How the market has priced PRLB against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 49.8× (Jan '24) to 91.0× (Jun '26).
The price-to-sales ratio has risen from 1.6× (Mar '23) to 3.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is PRLB growing its revenue and profit?
Over the past 5 years, Proto Labs Inc's revenue has grown 4.2% per year, and net income declined 16.0% per year. These are computed facts, not advice.
How much debt does PRLB have?
As of FY2025, Proto Labs Inc reported — of total debt against $111M of cash.
What is PRLB's profit margin?
In FY2025, gross margin was 44.5%, operating margin 4.7%, and net margin 4.0%.
What is PRLB's P/E ratio?
As of Jun '26, Proto Labs Inc traded at a price-to-earnings ratio of about 91.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.