What are Proto Labs's profit margins?

Gross margin is 44.9% and operating margin is 5.6%, with a 4.7% net margin.

Where does Proto Labs's income statement data come from?

Every line is extracted from Proto Labs's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Proto Labs PRLB Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$533.13M+6.4%	$500.89M-0.6%	$503.88M+3.2%	$488.4M+0.1%
Total cost of revenue	$295.99M+6.6%	$277.69M-1.5%	$281.88M+3.3%	$272.93M+2.8%
Gross profit	$237.14M+6.2%	$223.2M+0.5%	$221.99M+3.0%	$215.47M-3.2%
Gross margin	44.5%-0.1pp	44.6%+0.5pp	44.1%-0.1pp	44.1%-1.5pp
Research and development	$42.81M+3.7%	$41.3M+2.9%	$40.14M+5.0%	$38.22M-13.6%
Selling and marketing	$98.32M+6.8%	$92.07M+5.0%	$87.69M+6.0%	$82.75M+0.7%
General and administrative	$69.81M+8.5%	$64.33M-2.2%	$65.79M-2.6%	$67.54M+20.8%
Compensation and benefits	$15.73M-7.5%	$17M+6.3%	$15.99M-8.9%	$17.55M-8.1%
Advertising	$15.3M+7.0%	$14.3M+3.6%	$13.8M+4.5%	$13.2M+5.6%
Depreciation and amortization	$33.81M-5.6%	$35.81M-4.6%	$37.53M-4.8%	$39.43M-2.6%
Restructuring charges	——	$0—	$0—	——
Other operating expenses	$212.03M+4.3%	$203.29M+4.9%	$193.83M-38.2%	$313.45M+71.9%
Total operating expenses	$212.03M+4.3%	$203.29M+4.9%	$193.83M-38.2%	$313.45M+71.9%
Operating income	$25.11M+17.3%	$21.41M-24.0%	$28.17M+129%	-$97.98M-343%
Operating margin	4.7%+0.4pp	4.3%-1.3pp	5.6%+25.7pp	-20.1%-28.3pp
Interest expense	$58K-57.4%	$136K-87.1%	$1.06M+945%	$101K+261%
Other income (expense), net	$5.95M+25.0%	$4.76M—	——	$106K+167%
Gain (loss) on disposal of assets	-$342K+93.9%	-$5.59M-2,498%	-$215K—	——
Income before income taxes	$31.06M+24.5%	$24.95M-10.7%	$27.95M+129%	-$97.88M-344%
Income tax expense	$9.82M+21.6%	$8.08M-24.7%	$10.73M—	——
Net income	$21.24M+25.0%	$17M-1.3%	$17.22M+117%	-$103.46M-410%
Net margin	4%+0.6pp	3.4%0.0pp	3.4%+24.6pp	-21.2%-28.0pp
Diluted earnings per share	$0.88+31.3%	$0.670.0%	$0.67+118%	-$3.77-412%
Basic earnings per share	$0.89+30.9%	$0.68+1.5%	$0.67+118%	-$3.77-412%
Weighted-average shares, diluted	97M-4.4%	101.4M-3.5%	105.1M-4.5%	110M-0.8%
Weighted-average shares, basic	95.8M-5.1%	101M-3.8%	105M-4.5%	109.9M-0.5%
Accretion Expense	$20K-39.4%	$33K-96.9%	$1.06M—	$0—
Share-based compensation expense related to employee stock plans	$15.73M-7.5%	$17M+6.3%	$15.99M-8.9%	$17.55M-8.1%
Advertising costs	$15.3M+7.0%	$14.3M+3.6%	$13.8M+4.5%	$13.2M+5.6%
Pre-tax stock-based compensation cost	$15.83M-6.9%	$17M+6.3%	$15.99M-8.9%	$17.55M-8.1%
Amortization of capitalized software and acquired intangible assets	$3.6M-2.7%	$3.7M-37.3%	$5.9M0.0%	$5.9M-4.8%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	1.4M-22.0%	1.8M+26.0%	1.4M+64.8%	862.4K—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	$21.76M—	——	$27.23M—	——
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$28.25M+55.6%	$18.16M-22.9%	$23.56M+119%	-$121M-706%
Federal	$6.03M-49.6%	$11.97M-23.8%	$15.72M+2.3%	$15.37M+177%
Foreign	$0+100%	-$165K-585%	$34K+134%	-$99K-54.7%
Current State And Local Tax Expense Benefit	$912K-37.1%	$1.45M-40.0%	$2.42M+715%	-$393K-140%
Federal	$4.16M+190%	-$4.61M+43.8%	-$8.2M+10.4%	-$9.16M-2,329%
Deferred Foreign Income Tax Expense Benefit	-$2.97M+20.4%	-$3.74M-371%	$1.38M+130%	-$4.64M-293%
Deferred taxes	$2.91M—	——	——	-$9.5M-2,902%
State	-$231K+82.1%	-$1.29M-235%	-$385K+46.7%	-$723K+11.2%
Depreciation	$30.1M-6.2%	$32.1M+1.6%	$31.6M-5.4%	$33.4M-2.6%
Costs related to disposal and exit activities	$342K-93.9%	$5.59M+2,498%	$215K—	——
Benefits related to exit and disposal activities	——	——	——	——
Impairment on sales of Shopify's logistics businesses	——	$2.33M—	——	——
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	$1.11M+365%	-$418K-214%	$368K—	——
Effective tax rates	——	$0.98—	——	$0.74—
Effective income tax rate, decrease during period (in percent)	4.9%+104%	-98.7%-127%	27.9%-9.6%	37.5%+35.8%
Income taxes at U.S. statutory rate of 21%	84%0.0%	84%0.0%	84%—	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——
Business disposition	——	——	——	——
Foreign operations	——	——	——	——
Other	$0.02—	——	——	——
Share-based compensation	——	——	——	——
Provision to return difference	——	——	——	——
Revaluation of deferred tax liability	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——
Changes in unrecognized tax benefits	——	——	——	——
Effective Income Tax Rate Reconciliation Tax Credits Research	——	——	——	——
Unrealized foreign exchange losses	——	——	——	——
Finance Lease Interest Payment On Liability	$20K-39.4%	$33K-96.9%	$1.06M+1,011%	$95K+956%
Finance Lease Principal Payments	$309K+4.4%	$296K-3.3%	$306K-42.4%	$531K-3.8%
Finance Lease Right Of Use Asset Amortization	$329K0.0%	$329K-55.1%	$732K+37.6%	$532K+6.8%
Gain Loss On Sale Of Property Plant Equipment	$4K—	——	$498K—	——
Goodwill Period Increase Decrease	$0—	$0—	$0+100%	-$126.6M—
Impairment Of Long Lived Assets Held For Use	$0-100%	$256K—	$0—	$0—
Income Loss From Continuing Operations Before Income Taxes Domestic	$47.07M+19.5%	$39.39M+3.4%	$38.1M+12.9%	$33.73M-20.5%
Income Loss From Continuing Operations Before Income Taxes Foreign	-$16M-8.8%	-$14.71M-45.0%	-$10.15M+92.3%	-$131.61M-5,711%
Federal taxes	$5.75M—	——	——	——
Foreign	$16K—	——	——	——
State taxes	$978K—	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$1.92M-56.9%	$4.46M+2,046%	-$229K-104%	$5.23M+92.4%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$6.52M—	——	——	——
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	$733K—	——	——	——
Share-based compensation	$304K—	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	$32K—	——	——	——
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	$877K—	——	——	——
Changes in unrecognized tax benefits	-$282K—	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount	$547K—	——	——	——
Income taxes paid	$6.74M-51.5%	$13.91M-12.5%	$15.89M-17.1%	$19.16M+153%
Income Taxes Paid, Net	$6.74M—	——	——	——
Accounts payable	-$333K-169%	$480K+126%	-$1.84M-234%	$1.38M—
Increase (Decrease) in Accounts Receivable	$12.48M+229%	-$9.65M-254%	-$2.73M—	——
Increase Decrease In Accrued Income Taxes Payable	——	-$691K—	——	-$2.68M—
Increase in accrued expenses and other liabilities	——	——	-$1.45M—	——
Increase (Decrease) in Inventories	$2.11M+260%	-$1.32M—	——	——
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	-$4.27M-305%	$2.08M—
Add - Incremental shares under stock-based compensation plans (in shares)	$850.49K+183%	$300.69K+740%	$35.8K+490%	$6.06K—
Interest Paid, Excluding Capitalized Interest, Operating Activity	$58K-57.4%	$136K-87.1%	$1.06M+945%	$101K+261%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$40.37M+31.1%	-$58.55M-39.9%	-$41.86M-49.9%	-$27.92M-25.8%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$13.41M+1.3%	-$13.58M-198%	-$4.55M+89.5%	-$43.37M—
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$74.5M-4.3%	$77.83M+6.2%	$73.27M+18.0%	$62.08M+12.4%
Number of operating segments	2—	——	——	——
Number of reportable segments	2—	——	——	——
Foreign currency translation	$6.81M+3,088%	-$228K-104%	$5.37M—	——
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Parent	$500K-77.3%	$2.2M+69.2%	$1.3M—	——
Foreign currency translation gains (losses)	——	-$228K-104%	$5.37M—	——
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax	——	——	$1.3M—	——
Net unrealized gains (losses) on securities still held	$195K—	——	$977K—	——
Other income, net (Note 6)	$5.95M+25.0%	$4.76M—	——	$106K+167%
All other operating activities	-$223K—	——	——	——
Payments for Repurchase of Common Stock	$42.96M-28.7%	$60.28M+37.1%	$43.95M+48.2%	$29.66M+27.4%
Payment, Tax Withholding, Share-Based Payment Arrangement	$3.43M+72.1%	$2M+38.9%	$1.44M-14.6%	$1.68M-60.2%
Payments to Acquire Debt Securities, Available-for-Sale	$17.02M-32.1%	$25.07M—	$0-100%	$46.87M+190%
Payments to Acquire Property, Plant, and Equipment	$14.84M+61.9%	$9.17M-67.4%	$28.12M+29.7%	$21.69M-36.6%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options	$6.34M+57.8%	$4.02M+4.8%	$3.84M-2.9%	$3.95M-32.6%
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	$17.61M-8.3%	$19.21M-19.5%	$23.87M+23.3%	$19.36M—
Proceeds from disposition of property, plant and equipment/other	$834K+2,353%	$34K-95.1%	$699K-83.0%	$4.11M—
Right Of Use Asset Obtained In Exchange For Finance Lease Liability	$0—	$0-100%	$240K-98.5%	$16.17M—
Property, plant, and equipment additions	$14.84M+61.9%	$9.17M-67.4%	$28.12M+29.7%	$21.69M-36.6%
Segment Reporting, Other Segment Item, Amount	$506.78M+6.6%	$475.39M0.0%	$475.5M+3.0%	$461.45M—
Stock-based compensation	$15.73M-7.5%	$17M+6.3%	$15.99M-8.9%	$17.55M-8.1%
Weighted-average grant date fair value of stock options (in dollars per share)	——	——	——	——
Granted (in shares)	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period	——	——	——	——
Intrinsic value of stock options exercised	$1.1M+1,000%	$100K—	$0-100%	$100K-97.4%
Options canceled (in dollars per share)	——	——	——	——
Granted (in shares)	——	——	——	——
Options forfeited/expired (in dollars per share)	——	——	——	——
Exercised (in shares)	——	——	——	——
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1	$2.3M0.0%	$2.3M+27.8%	$1.8M-21.7%	$2.3M+9.5%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	——	——	——	——
Value of shares repurchased	$43.13M-29.1%	$60.79M+37.2%	$44.3M+49.4%	$29.66M+27.4%
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	$0-100%	$384K—	$0-100%	$1.79M—
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	$290K-45.6%	$533K-15.7%	$632K-0.3%	$634K+29.1%
Additions for tax positions of prior years	$20K—	$0-100%	$86K+274%	$23K-97.1%
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations	$623K+57.7%	$395K+16.9%	$338K—	$0-100%
EBIT	$25.11M+17.3%	$21.41M-24.0%	$28.17M+129%	-$97.98M-343%
EBITDA	$58.92M+3.0%	$57.21M-12.9%	$65.7M+212%	-$58.56M-172%
EBITDA	$58.92M+3.0%	$57.21M-12.9%	$65.7M+212%	-$58.56M-172%
EBITDA margin	11.1%-0.4pp	11.4%-1.6pp	13%+25.0pp	-12%-28.6pp
EBIT	$25.11M+17.3%	$21.41M-24.0%	$28.17M+129%	-$97.98M-343%

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Questions, answered.

What are Proto Labs's profit margins?: Gross margin is 44.9% and operating margin is 5.6%, with a 4.7% net margin.
Where does Proto Labs's income statement data come from?: Every line is extracted from Proto Labs's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.