Company Analysis

Proto Labs, Inc. (PRLB)

NYSE: PRLB · Fabricated Structural Metal Products · Maple Plain, MN · filing with the SEC since 2008
Grade6.7
◀ Past 7.8● Present 5.7▶ Future 6.9

The grade of Proto Labs, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.7/10
◀ Past7.830% of the headline
● Present5.740% of the headline
▶ Future6.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.4/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 84th percentile among 37 sector filers · read for itself

From the record

Proto Labs, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.8/10

What has it actually done, year after year?

+6.7% a year over 10 filed years; profitable in 9 of 10.

weight 45% of this tense · 68th percentile among 34 sector filers · read for its customers

From the record

Proto Labs, Inc.'s 10 filed years say what it did: revenue went from $298 million in fiscal 2016 to $533 million in fiscal 2025, up 6.7% a year; it rose in 7 of 9 years; the deepest fall was 5% from fiscal 2019 to fiscal 2020; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.7%top 38% of its family
  • the share of years revenue rosetop 25% of its family
  • the share of filed years with a profittop 44% of its family
  • the deepest fall from a revenue peak5.3%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.8/10

How has it treated the people who own it?

Share count shrank 4.0% a year. 65% of cash flow returned. Insiders: 15 sales, 2 purchases.

weight 22% of this tense · 88th percentile among 26 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Proto Labs, Inc.'s diluted share count shrank about 4.0% a year, and dividends and buybacks returned about 65% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 15 sales (13 under scheduled 10b5-1 plans) and 2 purchases of their own stock on the open market in the year to 2026-11-04, buying about $101 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 5% of its family
  • cash returned against operating cash flowtop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.7/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.4/10

Is it financially healthy right now?

ROE 3%: 3¢ of profit per shareholder dollar. Leverage 12%: owes 12¢ per asset dollar.

weight 45% of this tense · 74th percentile among 34 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Proto Labs, Inc. earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 31 cents per dollar of everything the company owns. Leverage: it owed about 12 cents per dollar of assets, and net share issuance: its share count shrank 3.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 4% of its family
  • return on equitybottom 38% of its family
  • gross profit against assetstop 25% of its family
  • the share count against the year beforetop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.3/10

How strong is its position in its industry?

top 47% of 35 in its family; net margin 4%.

weight 33% of this tense · 53rd percentile among 35 sector filers · read for its customers

From the record

Proto Labs, Inc.'s standing among 35 graded names in its industry family: revenue of $533 million in fiscal 2025 ranks in the bottom 41% by size; a net margin of 4% ranks in the top 50%; revenue growth of 3% a year over the last 3 filed years ranks in the top 34% (its annual reports).

What it rests on

  • revenue against the family$533Mbottom 41% of its family
  • net margin4.0%top 50% of its family
  • three-year revenue growth3.0%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.9/10

What are the people in charge doing?

bottom 28% of 28 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 28th percentile among 28 sector filers · read for its shareholders

From the record

Proto Labs, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Krishna, Suresh (President and CEO, as filed), filing under that title since 2025-05-28, 1.5 years (bottom 18% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 6.3 years (bottom 48%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 19%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 12 peoplebottom 19% of its family
  • the median years the people in charge have filed6.3 yearsbottom 48% of its family
  • the chief executive's years on the record1.5 yearsbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.8/10

How much room does it have to grow?

top 22% of 32 in its family for room to expand.

weight 45% of this tense · 78th percentile among 32 sector filers · read for itself

From the record

Proto Labs, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $111 million against no long-term debt tagged leaves 14.5% of its assets as net cash, top 21% of its family; cash from operations less capital spending is 11.2% of revenue (top 30%); a gross margin of 44.5% (top 15%); research spending of 8% of revenue (top 22%) (its annual report).

What it rests on

  • cash less debt against assets14.5%top 21% of its family
  • cash from operations less capital spending against revenue11.2%top 30% of its family
  • gross margin44.5%top 15% of its family
  • research spending against revenue8.0%top 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.1/10

What could actually drive growth from here?

top 49% of 34 in its family for growth drivers.

weight 33% of this tense · 51st percentile among 34 sector filers · read for its customers

From the record

Proto Labs, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3% a year over the last three filed years against 6.7% over all 10, slowing (top 47% of its family); the newest year grew 6.4% (top 34%); research spending grew 3.8% a year (bottom 47%); capital spending grew -11.9% a year (bottom 38%) (its annual reports). Proto Labs, Inc. reported 2 lines of business in fiscal 2025: United States at $432 million (81%), Europe at $101 million (19%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-3.7 points a yeartop 47% of its family
  • the newest year's revenue growth6.4%top 34% of its family
  • three-year growth of research spending3.8%bottom 47% of its family
  • three-year growth of capital spending-11.9%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.6/10

Did its newest year beat what its own record pointed to?

top 24% of 34 in its family for expectations against reality.

weight 22% of this tense · 76th percentile among 34 sector filers · read for its shareholders

From the record

Proto Labs, Inc.'s newest year against its own record: revenue of $533 million in fiscal 2025 came in 5.1% above the $507 million its prior three years' pace pointed to (bottom 49% of its family); net income of $21 million against a prior three-year average of $23 million (top 4%); a net margin of 4% against -4.8% before (top 16%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.1%bottom 49% of its family
  • net income against the prior three years' average+192%top 4% of its family
  • net margin against its prior average+8.8 pointstop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton PRLB · research, not advice