Proto Labs Inc income statement
In fiscal 2025, Proto Labs Inc reported revenue of $533m, up 6.4% on the year before, operating income of $25.1m (a 4.7% margin) and net income of $21.2m, or $0.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 65 | 99 | 126 | 163 | 210 | 264 | 298 | 344 | 446 | 459 | 434 | 488 | 488 | 504 | 501 | 533 | 579 |
| Cost of revenue | 25 | 39 | 50 | 61 | 81 | 110 | 131 | 151 | 207 | 223 | 217 | 265 | 273 | 282 | 278 | 296 | 318 |
| Gross profit | 39 | 60 | 76 | 102 | 128 | 154 | 167 | 194 | 239 | 235 | 218 | 223 | 215 | 222 | 223 | 237 | 262 |
| Research and development | 4 | 5 | 9 | 12 | 17 | 18 | 22 | 24 | 29 | 33 | 37 | 44 | 38 | 40 | 41 | 43 | 43 |
| Selling and marketing | 11 | 16 | 18 | 22 | 29 | 39 | 46 | 57 | 69 | 73 | 69 | 82 | 83 | 88 | 92 | 98 | 100 |
| General and administrative | 8 | 12 | 14 | 16 | 22 | 30 | 37 | 41 | 53 | 50 | 52 | 56 | 68 | 66 | 64 | 70 | 72 |
| Operating income | 16 | 27 | 35 | 51 | 61 | 67 | 62 | 72 | 89 | 80 | 60 | 40 | −98 | 28 | 20 | 25 | 42 |
| Income before tax | 16 | 27 | 35 | 52 | 61 | 68 | 64 | 74 | 92 | 81 | 63 | 40 | −98 | 28 | 25 | 31 | 48 |
| Income tax | 5 | 9 | 11 | 16 | 19 | 21 | 22 | 23 | 15 | 18 | 12 | 7 | 6 | 11 | 8 | 10 | 13 |
| Net income | 11 | 18 | 24 | 35 | 42 | 47 | 43 | 52 | 77 | 64 | 51 | 33 | −103 | 17 | 17 | 21 | 35 |
| Diluted EPS | $0.34 | $0.67 | $0.98 | $1.36 | $1.60 | $1.77 | $1.61 | $1.93 | $2.81 | $2.35 | $1.89 | $1.21 | −$3.77 | $0.66 | $0.66 | $0.88 | $1.44 |
| Diluted shares (average) | 13m | 14m | 24m | 26m | 26m | 26m | 27m | 27m | 27m | 27m | 27m | 28m | 27m | 26m | 25m | 24m | 24m |
| EBITDA | 19 | 31 | 41 | 59 | 72 | 81 | 79 | 91 | 116 | 111 | 92 | 81 | −59 | 66 | 56 | 59 | 75 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 122 | 126 | 135 | 135 | 136 | 139 | 149 | 154 |
| Cost of revenue | 70 | 71 | 75 | 74 | 76 | 76 | 80 | 86 |
| Gross profit | 52 | 56 | 60 | 61 | 60 | 64 | 69 | 69 |
| Research and development | 10 | 11 | 11 | 11 | 10 | 11 | 11 | 11 |
| Selling and marketing | 23 | 24 | 25 | 25 | 25 | 25 | 26 | 25 |
| General and administrative | 15 | 17 | 19 | 17 | 17 | 17 | 20 | 18 |
| Operating income | −1 | 5 | 5 | 9 | 7 | 10 | 11 | 14 |
| Income before tax | −0 | 6 | 7 | 10 | 8 | 11 | 13 | 16 |
| Income tax | 0 | 2 | 2 | 3 | 2 | 3 | 3 | 4 |
| Net income | −0 | 4 | 4 | 7 | 6 | 8 | 9 | 12 |
| Diluted EPS | −$0.01 | $0.15 | $0.18 | $0.30 | $0.25 | $0.33 | $0.37 | $0.48 |
| EBITDA | 7 | 13 | 14 | 17 | 15 | 18 | 19 | 23 |
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