NN vs Proto Labs
Proto Labs is the larger business, with $533m of revenue in fiscal 2025 against $422m for NN (1.3 times as much). Proto Labs grew faster (6.4% against -9.1%). Proto Labs kept more of each dollar of sales as profit: a net margin of 4.0% against -8.1%. Proto Labs carries less debt relative to equity (0.0% against 469.3%).
| Latest fiscal year | NNNNBR, 2025 | Proto LabsPRLB, 2025 |
|---|---|---|
| Revenue | $422m | $533m |
| Revenue growth | -9.1% | 6.4% |
| Net income | −$34.0m | $21.2m |
| Operating margin | -4.5% | 4.7% |
| Net margin | -8.1% | 4.0% |
| Return on equity | -62.7% | 3.2% |
| Free cash flow | −$7.2m | $59.7m |
| Cash | $11.4m | $111m |
| Total debt | $160m | $0 |
| Debt to equity | 469.3% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $43.0m |
| Employees | — | 2,280 |
| Market value | $309m | $1.67bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 30 (Weak) | 60 (Moderate) |
| Insider trades, 12 months | 0 buys, 28 sales | 0 buys, 15 sales |