Proto Labs Income Statement 2025-2009 | PRLB

Brief overview of income trends at Proto Labs

The conclusions below are based on five years of reported results. Proto Labs reported revenue of 434 million dollars in 2020 and 533 million dollars by 2025. Across the full period, sales moved by +22.7%; the average annual rate was 4.2%. Revenue was effectively stagnant over the period.

Gross profit changed from 218 million dollars to 237 million dollars (+8.9%). The relationship between sales and direct costs deteriorated. Comparing the endpoints gives gross margins of 50.1% and 44.5%. The contraction points to pressure from direct costs or weaker pricing power.

Over the period, EBITDA shifted from 92.4 million dollars to 58.9 million dollars, a change of −36.3%. The operating result developed less favorably than sales. EBITDA margin moved from 21.3% to 11.1%. The business retained less EBITDA from each unit of revenue.

Net profit was $50.9 million at the start and $21.2 million at the end. The decline reduces the quality of the financial trajectory.

Market capitalization changed from 5.7 billion dollars to 1.6 billion dollars (−72.3%). Market expectations deteriorated over the period.

Overall conclusion

Signs of deterioration dominate the five-year picture. Caution is warranted because of pressure on operating profitability, a weaker market valuation and pressure from direct costs. Further direction will depend on top-line growth, operating profitability, and net income.