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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$533M
$21M
44.5%
4.7%
3.2%
2.8%
$60M
—
$111M
2024
$501M
$17M
44.6%
4.0%
2.5%
2.2%
$69M
—
$89M
2023
$504M
$17M
44.1%
5.6%
2.5%
2.2%
$45M
—
$84M
2022
$488M
-$103M
44.1%
-20.1%
-14.8%
-12.9%
$40M
—
$57M
2021
$488M
$33M
45.6%
8.3%
4.0%
3.6%
$21M
—
$66M
2020
$434M
$51M
50.1%
13.8%
7.9%
6.8%
$60M
—
$128M
2019
$459M
$64M
51.3%
17.4%
10.9%
9.4%
$54M
—
$125M
2018
$446M
$77M
53.6%
20.0%
14.1%
12.4%
$36M
—
$85M
2017
$344M
$52M
56.3%
21.0%
11.2%
10.0%
$49M
—
$37M
2016
$298M
$43M
56.0%
20.7%
11.2%
10.3%
$44M
$0
$69M
2015
—
$47M
—
—
14.2%
12.9%
$20M
$0
$48M
2014
—
$42M
—
—
15.7%
14.5%
—
—
$43M
2013
—
$35M
—
—
16.7%
15.3%
—
$363000
$43M
2013
—
$28M
—
—
16.1%
14.6%
—
—
$28M
2012
—
$24M
—
—
15.3%
13.9%
$8M
—
$37M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$154M
$12M
44.5%
9.4%
1.7%
1.5%
$17M
—
$134M
Jun '26
$149M
$9M
46.4%
7.6%
1.3%
1.2%
$9M
—
$128M
Mar '26
$139M
$8M
45.6%
7.1%
1.2%
1.0%
$14M
—
$124M
Dec '25
$136M
$6M
44.2%
5.0%
0.9%
0.8%
$8M
—
$111M
Sep '25
$135M
$7M
45.3%
6.5%
1.1%
1.0%
$25M
—
$104M
Jun '25
$135M
$4M
44.3%
3.7%
0.7%
0.6%
$9M
—
$90M
Mar '25
$126M
$4M
44.1%
3.6%
0.5%
0.5%
$17M
—
$83M
Dec '24
$122M
-$404000
42.7%
-1.2%
-0.1%
-0.1%
$16M
—
$89M
Sep '24
$126M
$7M
45.6%
6.8%
1.1%
1.0%
$23M
—
$88M
Jun '24
$126M
$5M
45.0%
4.8%
0.7%
0.6%
$10M
—
$96M
Mar '24
$128M
$5M
44.9%
5.3%
0.8%
0.7%
$19M
—
$93M
Dec '23
$125M
$7M
44.6%
6.7%
1.0%
0.9%
-$953000
—
$84M
Sep '23
$131M
$8M
45.4%
8.0%
1.2%
1.0%
$21M
—
$83M
Jun '23
$122M
-$383000
43.4%
4.6%
-0.1%
-0.0%
$6M
—
$66M
Mar '23
$126M
$3M
42.7%
3.0%
0.4%
0.3%
$19M
—
$62M
Dec '22
$116M
-$115M
42.0%
-101.3%
-16.5%
-14.3%
$5M
—
$57M
Sep '22
$122M
$4M
44.1%
5.0%
0.5%
0.4%
$10M
—
$59M
Jun '22
$127M
$3M
45.2%
4.1%
0.3%
0.3%
$10M
—
$55M
Mar '22
$124M
$5M
44.9%
6.4%
0.6%
0.5%
$15M
—
$57M
Dec '21
$124M
$12M
44.8%
10.6%
1.4%
1.3%
$17M
—
$66M
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 50.0× (Jan '24) to 75.6× (Nov '26).
The price-to-sales ratio has risen from 1.6× (Mar '23) to 3.0× (Nov '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?
Proto Labs Inc's P/E (TTM) is 45.84 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PRLB stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 75.6× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.