Proto Labs (PRLB) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Proto Labs Revenue Highlights


Latest Revenue (Y)

$503.88M

Latest Revenue (Q)

$125.63M

Main Segment (Y)

Injection Molding (Protomold)

Main Geography (Y)

Europe Segment

Proto Labs Revenue by Period


Proto Labs Revenue by Year

DateRevenueChange
2023-12-31$503.88M3.17%
2022-12-31$488.40M0.06%
2021-12-31$488.10M12.36%
2020-12-31$434.39M-5.30%
2019-12-31$458.73M2.95%
2018-12-31$445.60M29.35%
2017-12-31$344.49M15.58%
2016-12-31$298.06M12.85%
2015-12-31$264.11M26.01%
2014-12-31$209.58M28.49%
2013-12-31$163.11M29.46%
2012-12-31$125.99M27.34%
2011-12-31$98.94M52.40%
2010-12-31$64.92M48.11%
2009-12-31$43.83M-

Proto Labs generated $503.88M in revenue during NA 2023, up 3.17% compared to the previous quarter, and up 113.08% compared to the same period a year ago.

Proto Labs Revenue by Quarter

DateRevenueChange
2024-06-30$125.63M-1.77%
2024-03-31$127.89M2.27%
2023-12-31$125.05M-4.33%
2023-09-30$130.71M6.90%
2023-06-30$122.27M-2.86%
2023-03-31$125.86M8.87%
2022-12-31$115.61M-5.02%
2022-09-30$121.72M-4.08%
2022-06-30$126.90M2.20%
2022-03-31$124.17M0.47%
2021-12-31$123.58M-1.40%
2021-09-30$125.34M1.86%
2021-06-30$123.05M5.96%
2021-03-31$116.13M10.38%
2020-12-31$105.21M-2.14%
2020-09-30$107.50M0.87%
2020-06-30$106.58M-7.41%
2020-03-31$115.11M2.88%
2019-12-31$111.89M-4.74%
2019-09-30$117.45M1.31%
2019-06-30$115.93M2.19%
2019-03-31$113.45M0.61%
2018-12-31$112.77M-2.31%
2018-09-30$115.43M5.27%
2018-06-30$109.65M1.77%
2018-03-31$107.75M14.41%
2017-12-31$94.18M6.89%
2017-09-30$88.11M7.39%
2017-06-30$82.04M2.34%
2017-03-31$80.17M10.80%
2016-12-31$72.35M-7.45%
2016-09-30$78.17M4.28%
2016-06-30$74.96M3.30%
2016-03-31$72.57M-1.61%
2015-12-31$73.76M8.72%
2015-09-30$67.84M6.05%
2015-06-30$63.97M9.28%
2015-03-31$58.54M4.40%
2014-12-31$56.07M2.74%
2014-09-30$54.57M3.23%
2014-06-30$52.87M14.74%
2014-03-31$46.07M4.61%
2013-12-31$44.04M4.84%
2013-09-30$42.01M5.68%
2013-06-30$39.75M6.53%
2013-03-31$37.31M11.00%
2012-12-31$33.62M3.58%
2012-09-30$32.45M8.36%
2012-06-30$29.95M-0.06%
2012-03-31$29.97M16.90%
2011-12-31$25.64M-4.75%
2011-09-30$26.91M11.90%
2011-06-30$24.05M7.69%
2011-03-31$22.34M22.07%
2010-12-31$18.30M3.51%
2010-09-30$17.68M12.37%
2010-06-30$15.73M19.05%
2010-03-31$13.21M-

Proto Labs generated $125.63M in revenue during Q2 2024, up -1.77% compared to the previous quarter, and up 99.82% compared to the same period a year ago.

Proto Labs Revenue Breakdown


Proto Labs Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Sheet Metal$16.54M$19.50M$20.40M$18.84M$21.00M
3D Printing (Fineline)$84.29M$78.99M$72.72M$62.50M$61.35M
CNC Machining (Firstcut)$198.22M$188.37M$166.81M$131.59M$155.47M
Injection Molding (Protomold)$203.94M$200.58M$226.12M$217.99M$217.41M
Other Products$883.00K$962.00K$2.05M$3.48M$3.49M

Proto Labs's latest annual revenue breakdown by segment (product or service), as of Dec 23: Injection Molding (Protomold) (40.47%), CNC Machining (Firstcut) (39.34%), 3D Printing (Fineline) (16.73%), Sheet Metal (3.28%), and Other Products (0.18%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
3D Printing (Fineline)$21.28M$21.58M$20.34M$21.62M$21.00M$21.32M$19.53M$19.82M$19.96M$19.67M$18.73M$18.59M$18.17M$17.23M$16.02M$16.29M$14.24M---
CNC Machining (Firstcut)$51.24M$49.93M$48.91M$52.92M$48.30M$48.10M$46.56M$47.49M$48.22M$46.10M$44.86M$43.66M$41.59M$36.70M$31.83M$33.12M$28.76M---
Other Products$109.00K$160.00K$256.00K$188.00K$205.00K$234.00K$197.00K$250.00K$202.00K$313.00K$485.00K$556.00K$401.00K$610.00K$760.00K$850.00K$1.02M---
Injection Molding (Protomold)$49.08M$52.66M$51.49M$51.69M$48.82M$51.95M$44.88M$48.94M$53.35M$53.40M$53.91M$57.69M$58.17M$56.36M$52.06M$53.26M$57.89M---
Sheet Metal$3.92M$3.55M$4.06M$4.29M$3.94M$4.25M$4.43M$5.22M$5.16M$4.69M$5.61M$4.85M$4.72M$5.22M$4.53M$3.99M$4.67M---
United States Segment-----------------$90.08M$88.33M$92.92M

Proto Labs's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: CNC Machining (Firstcut) (40.79%), Injection Molding (Protomold) (39.07%), 3D Printing (Fineline) (16.94%), Sheet Metal (3.12%), and Other Products (0.09%).

Proto Labs Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Europe Segment$107.06M----
Japan Segment-----
Europe-$92.77M$90.40M$74.80M$82.81M
UNITED STATES-$387.40M$384.46M$345.71M$360.20M
JAPAN-$8.23M$13.24M$13.89M$15.72M

Proto Labs's latest annual revenue breakdown by geography, as of Dec 23: Europe Segment (100.00%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Europe Segment$27.09M$26.41M$26.23M$26.77M$25.94M$28.11M$23.33M$21.46M$23.39M$24.59M$22.14M$22.16M$24.66M$21.45M$18.38M$18.90M$16.73M$20.79M$19.89M$20.72M
Japan Segment-------$1.29M$2.86M$4.09M$3.51M$3.06M$3.05M$3.62M$3.62M$3.00M$3.02M$4.25M$3.67M$3.82M

Proto Labs's latest quarterly revenue breakdown by geography, as of Jun 24: Europe Segment (100.00%).

Proto Labs Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ARNCArconic$8.96B$1.99B
ATIATI$7.54B$1.96B
RYIRyerson$5.11B$1.23B
ESABESAB$2.77B$707.05M
CRSCarpenter$2.76B$684.90M
WORWorthington Industries$1.25B$316.75M
TGTredegar$704.83M$190.56M
IIINInsteel Industries$649.19M$145.78M
HAYNHaynes$589.96M$153.92M
MECMayville Engineering Company$588.42M$163.64M
PRLBProto Labs$503.88M$125.63M
NWPXNorthwest Pipe Company$444.36M$129.50M
GIFIGulf Island Fabrication$151.07M$41.26M

PRLB Revenue FAQ


Proto Labs's yearly revenue for 2023 was $503.88M, representing an increase of 3.17% compared to 2022. The company's yearly revenue for 2022 was $488.4M, representing an increase of 0.06% compared to 2021. PRLB's yearly revenue for 2021 was $488.1M, representing an increase of 12.36% compared to 2020.

Proto Labs's quarterly revenue for Q2 2024 was $125.63M, a -1.77% decrease from the previous quarter (Q1 2024), and a 2.75% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $127.89M, a 2.27% increase from the previous quarter (Q4 2023), and a 1.61% increase year-over-year (Q1 2023). PRLB's quarterly revenue for Q4 2023 was $125.05M, a -4.33% decrease from the previous quarter (Q3 2023), and a 8.17% increase year-over-year (Q4 2022).

Proto Labs's revenue growth rate for the last 3 years (2021-2023) was 3.23%, and for the last 5 years (2019-2023) was 9.84%.

Proto Labs's revenue streams in c 23 are Sheet Metal, 3D Printing (Fineline), CNC Machining (Firstcut), Injection Molding (Protomold), and Other Products. Sheet Metal generated $16.54M in revenue, accounting 3.28% of the company's total revenue, down -15.17% year-over-year. 3D Printing (Fineline) generated $84.29M in revenue, accounting 16.73% of the company's total revenue, up 6.71% year-over-year. CNC Machining (Firstcut) generated $198.22M in revenue, accounting 39.34% of the company's total revenue, up 5.23% year-over-year. Injection Molding (Protomold) generated $203.94M in revenue, accounting 40.47% of the company's total revenue, up 1.68% year-over-year. Other Products generated $883K in revenue, accounting 0.18% of the company's total revenue, down -8.21% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Proto Labs was Injection Molding (Protomold). This segment made a revenue of $203.94M, representing 40.47% of the company's total revenue.