Health score, competitive moat, risk signals, and key metrics at a glance.
Strongest: Growth (23/25); weakest: Balance Sheet & Red Flags (15/25).
Proto Labs, Inc., together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. It offers manufacturing services, such as molding, computer numerical control machining, 3D printing, and sheet metal to developers, engineers, and supply chain teams. The company was incorporated in 1999 and is headquartered in Maple Plain, Minnesota.
Competitive analysis based on 58 quarters of fundamental data
Operating margins are under pressure, averaging 4.9%. The business may lack pricing power or face rising costs.'
ROE is positive at ~3.0% on average, adequate but below the threshold typically associated with wide moats.
Data-driven red flags and warnings across 58 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF covers net income by -2.9x on average — earnings are well-supported by cash generation.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 4.0% — net buybacks are reducing shares outstanding and boosting per-share value.
as of June 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue shows resilience with 5 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
