Proto Labs, Inc. (PRLB) Revenue History
Annual and quarterly revenue from 2009 to present
PRLB Revenue Over Time (2009–2025)
PRLB Revenue Growth History
14 of 16 years with positive growth- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- +48.1%
- FY2011 revenue growth
- +52.4%
- FY2012 revenue growth
- +27.3%
- FY2013 revenue growth
- +29.5%
- FY2014 revenue growth
- +28.5%
- FY2015 revenue growth
- +26.0%
- FY2016 revenue growth
- +12.9%
- FY2017 revenue growth
- +15.6%
- FY2018 revenue growth
- +29.3%
- FY2019 revenue growth
- +2.9%
- FY2020 revenue growth
- -5.3%
- FY2021 revenue growth
- +12.4%
- FY2022 revenue growth
- +0.1%
- FY2023 revenue growth
- +3.2%
- FY2024 revenue growth
- -0.6%
- FY2025 revenue growth
- +6.4%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $139.3M | +10.4% |
| Q4 2025 | $136.5M | +12.1% |
| Q3 2025 | $135.4M | +7.8% |
| Q2 2025 | $135.1M | +7.5% |
| Q1 2025 | $126.2M | -1.3% |
| Q4 2024 | $121.8M | -2.6% |
| Q3 2024 | $125.6M | -3.9% |
| Q2 2024 | $125.6M | +2.8% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
PRLB's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PRLB Revenue Analysis (2009–2025)
Current Revenue & Growth
As of June 21, 2026, Proto Labs, Inc. (PRLB) generated trailing twelve-month (TTM) revenue of $546.3 million, reflecting strong growth of +10.4% year-over-year. The most recent quarter (Q1 2026) recorded $139.3 million in revenue, up 2.1% sequentially.
Historical Growth Trajectory
PRLB's 5-year compound annual growth rate (CAGR) stands at +4.2%, indicating moderate growth over time. The 3-year CAGR of +3.0% is below the 5-year average, signalling a growth deceleration in recent years. Proto Labs, Inc.'s highest annual revenue of $533.1 million was recorded in 2025, an all-time high.
Revenue by Segment
PRLB's revenue is primarily driven by CNC Machining (Firstcut) (46%), Injection Molding (Protomold) (36%), and 3D Printing (Fineline) (15%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Industrials sector peers — including SSYS (-3.0% YoY), XMTR (+29.1% YoY), and MTLS (+3.5% YoY) — PRLB has underperformed the peer group in revenue growth. Compare PRLB vs SSYS →
PRLB Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PRLBCurrent | $546M | +10.4% | +4.2% | 4.9% | |
 SSYS | $551M | -3.0% | +1.1% | -10.7% | |
 XMTR | $687M | +29.1% | +37.2% | -6.6% | |
 MTLS | $257M | +3.5% | +8.6% | 1.9% | |
 NNDM | $102M | +100.3% | +97.6% | -89.0% | |
 PTC | $2.7B | +27.7% | +13.4% | 35.9% |
PRLB Historical Revenue Data (2009–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $533.1M | +6.4% | $237.1M | 44.5% | $26.2M | 4.9% |
| 2024 | $500.9M | -0.6% | $223.2M | 44.6% | $25.5M | 5.1% |
| 2023 | $503.9M | +3.2% | $222.0M | 44.1% | $28.4M | 5.6% |
| 2022 | $488.4M | +0.1% | $215.5M | 44.1% | $26.9M | 5.5% |
| 2021 | $488.1M | +12.4% | $222.7M | 45.6% | $27.8M | 5.7% |
| 2020 | $434.4M | -5.3% | $217.8M | 50.1% | $59.8M | 13.8% |
| 2019 | $458.7M | +2.9% | $235.3M | 51.3% | $79.9M | 17.4% |
| 2018 | $445.6M | +29.3% | $238.7M | 53.6% | $88.9M | 20.0% |
| 2017 | $344.5M | +15.6% | $193.8M | 56.3% | $72.2M | 21.0% |
| 2016 | $298.1M | +12.9% | $166.9M | 56.0% | $61.8M | 20.7% |
| 2015 | $264.1M | +26.0% | $154.4M | 58.5% | $67.1M | 25.4% |
| 2014 | $209.6M | +28.5% | $128.4M | 61.3% | $60.5M | 28.9% |
| 2013 | $163.1M | +29.5% | $101.7M | 62.4% | $51.3M | 31.5% |
| 2012 | $126.0M | +27.3% | $76.1M | 60.4% | $34.9M | 27.7% |
| 2011 | $98.9M | +52.4% | $59.6M | 60.3% | $26.9M | 27.2% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
17+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
PRLB — Frequently Asked Questions
Quick answers to the most common questions about buying PRLB stock.
Is PRLB's revenue growth accelerating or slowing?
PRLB revenue growth is holding steady at +10.4% year-over-year. TTM revenue is $546M. The current growth rate closely tracks the 5-year CAGR of +4.2%, signalling consistent execution.
What is PRLB's revenue history from 2009 to 2026?
Proto Labs, Inc. (PRLB) revenue history spans 2009 to 2026. TTM revenue as of 2026 is $546M, growing at +10.4% YoY. The 5-year CAGR is +4.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PRLB's long-term revenue growth rate (CAGR)?
Proto Labs, Inc.'s 5-year revenue CAGR of +4.2% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +10.4% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PRLB.
Why does PRLB's quarterly revenue fluctuate?
PRLB quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Proto Labs, Inc.'s revenue data from 2009 to 2026 shows full historical quarterly detail on this page.
How is PRLB's revenue distributed by segment?
PRLB reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PRLB's revenue compare to industry peers?
Proto Labs, Inc. (PRLB) with TTM revenue of $546M and +10.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.