Proto Labs (PRLB) Revenue & Revenue Breakdown

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Proto Labs Revenue Highlights

Latest Revenue (Y)

$503.88M

Latest Revenue (Q)

$125.62M

Main Segment (Y)

Injection Molding (Protomold)

Main Geography (Y)

Europe Segment

Proto Labs Revenue by Period

Proto Labs Revenue by Year

Date	Revenue	Change
2023-12-31	$503.88M	3.17%
2022-12-31	$488.40M	0.06%
2021-12-31	$488.10M	12.36%
2020-12-31	$434.39M	-5.30%
2019-12-31	$458.73M	2.95%
2018-12-31	$445.60M	29.35%
2017-12-31	$344.49M	15.58%
2016-12-31	$298.06M	12.85%
2015-12-31	$264.11M	26.01%
2014-12-31	$209.58M	28.49%
2013-12-31	$163.11M	29.46%
2012-12-31	$125.99M	27.34%
2011-12-31	$98.94M	52.40%
2010-12-31	$64.92M	48.11%
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

Date	Revenue	Change
2024-09-30	$125.62M	-0.01%
2024-06-30	$125.63M	-1.77%
2024-03-31	$127.89M	2.27%
2023-12-31	$125.05M	-4.33%
2023-09-30	$130.71M	6.90%
2023-06-30	$122.27M	-2.86%
2023-03-31	$125.86M	8.87%
2022-12-31	$115.61M	-5.02%
2022-09-30	$121.72M	-4.08%
2022-06-30	$126.90M	2.20%
2022-03-31	$124.17M	0.47%
2021-12-31	$123.58M	-1.40%
2021-09-30	$125.34M	1.86%
2021-06-30	$123.05M	5.96%
2021-03-31	$116.13M	10.38%
2020-12-31	$105.21M	-2.14%
2020-09-30	$107.50M	0.87%
2020-06-30	$106.58M	-7.41%
2020-03-31	$115.11M	2.88%
2019-12-31	$111.89M	-4.74%
2019-09-30	$117.45M	1.31%
2019-06-30	$115.93M	2.19%
2019-03-31	$113.45M	0.61%
2018-12-31	$112.77M	-2.31%
2018-09-30	$115.43M	5.27%
2018-06-30	$109.65M	1.77%
2018-03-31	$107.75M	14.41%
2017-12-31	$94.18M	6.89%
2017-09-30	$88.11M	7.39%
2017-06-30	$82.04M	2.34%
2017-03-31	$80.17M	10.80%
2016-12-31	$72.35M	-7.45%
2016-09-30	$78.17M	4.28%
2016-06-30	$74.96M	3.30%
2016-03-31	$72.57M	-1.61%
2015-12-31	$73.76M	8.72%
2015-09-30	$67.84M	6.05%
2015-06-30	$63.97M	9.28%
2015-03-31	$58.54M	4.40%
2014-12-31	$56.07M	2.74%
2014-09-30	$54.57M	3.23%
2014-06-30	$52.87M	14.74%
2014-03-31	$46.07M	4.61%
2013-12-31	$44.04M	4.84%
2013-09-30	$42.01M	5.68%
2013-06-30	$39.75M	6.53%
2013-03-31	$37.31M	11.00%
2012-12-31	$33.62M	3.58%
2012-09-30	$32.45M	8.36%
2012-06-30	$29.95M	-0.06%
2012-03-31	$29.97M	16.90%
2011-12-31	$25.64M	-4.75%
2011-09-30	$26.91M	11.90%
2011-06-30	$24.05M	7.69%
2011-03-31	$22.34M	22.07%
2010-12-31	$18.30M	3.51%
2010-09-30	$17.68M	12.37%
2010-06-30	$15.73M	19.05%
2010-03-31	$13.21M	-

Proto Labs generated $125.62M in revenue during Q3 2024, up -0.01% compared to the previous quarter, and up 102.74% compared to the same period a year ago.

Proto Labs Revenue Breakdown

Proto Labs Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Injection Molding (Protomold)	$203.94M	$200.58M	$226.12M	$217.99M	$217.41M
Sheet Metal	$16.54M	$19.50M	$20.40M	$18.84M	$21.00M
Other Products	$883.00K	$962.00K	$2.05M	$3.48M	$3.49M
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

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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Sheet Metal	$3.74M	$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	-	-
3D Printing (Fineline)	$21.44M	$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)	$53.33M	$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	-	-
Injection Molding (Protomold)	$46.83M	$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	-	-
Other Products	$281.00K	$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	-	-
United States Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$90.08M	$88.33M

Proto Labs's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: CNC Machining (Firstcut) (42.45%), Injection Molding (Protomold) (37.28%), 3D Printing (Fineline) (17.07%), Sheet Metal (2.98%), and Other Products (0.22%).

Proto Labs Revenue Breakdown by Country

Annual Revenue by Country

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

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

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Europe Segment	$26.05M	$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
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

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

Proto Labs Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ATI	ATI	$7.54B	$1.88B
RYI	Ryerson	$5.11B	$1.13B
ESAB	ESAB	$2.77B	$673.25M
CRS	Carpenter	$2.76B	$717.60M
WOR	Worthington Industries	$1.25B	$257.31M
TG	Tredegar	$704.83M	$182.03M
MEC	Mayville Engineering Company	$588.42M	$135.39M
IIIN	Insteel Industries	$529.20M	$145.78M
PRLB	Proto Labs	$503.88M	$125.62M
NWPX	Northwest Pipe Company	$444.36M	$130.31M
GIFI	Gulf Island Fabrication	$151.07M	$37.64M

PRLB Revenue FAQ

What is Proto Labs’s yearly revenue?

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.

What is Proto Labs’s quarterly revenue?

Proto Labs's quarterly revenue for Q3 2024 was $125.62M, a -0.01% decrease from the previous quarter (Q2 2024), and a -3.89% decrease year-over-year (Q3 2023). The company'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). PRLB'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).

What is Proto Labs’s revenue growth rate?

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%.

What are Proto Labs’s revenue streams?

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

What is Proto Labs’s main source of revenue?

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.