What is Proto Labs's inventory turnover?

Proto Labs (PRLB) reported inventory turnover of 21.5× in Q1 2026.

How has Proto Labs's inventory turnover changed year-over-year?

Proto Labs's inventory turnover increased by 0.5% year-over-year, from 21.3× to 21.5×.

What is the long-term trend for Proto Labs's inventory turnover?

Over 5 years (2020 to 2025), Proto Labs's inventory turnover has grown at a 1.4% compound annual growth rate (CAGR), from 20.7× to 22.2×.

What does inventory turnover mean?

Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.

Proto Labs PRLB Inventory turnover

Inventory turnover at other companies

Xometry, Inc.XMTR

117.9×+16.8×

OTT

Otter TailOTTR

2.7×-0.2×

KennametalKMT

1.9×-0.3×

Barnes GroupB

3.1×+0.2×

West Pharmaceutical ServicesWST

4.9×+0.2×

Benchmark ElectronicsBHE

4.5×+0.6×

Other financials

Income statement

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Revenue$139.3M+10.4%

Gross profit$63.6M+14.2%

Operating income$9.8M+117%

Net income$8.1M+125%

EPS (diluted)$0.33+120%

Balance sheet

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Cash & equivalents$124.0M+49.9%

Total debt$2.6M-16.6%

Total equity$683.1M+4.0%

Total assets$778.6M+5.6%

Cash flow

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Operating cash flow$17.5M-4.6%

CapEx$3.5M+181%

Free cash flow$14.0M-18.2%

Valuation

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Market cap$1.9B+59.7%

Profitability

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Gross margin44.9%+0.5pp

Operating margin5.6%+1.7pp

Net margin4.7%+1.6pp

FCF margin10.4%-3.1pp

Returns & leverage

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Return on equity3.8%+1.6pp

Debt / equity0×0.0×

Current ratio3.5×+0.4×

Where this comes from

Calculated from Proto Labs’s reported figures.

total cost of revenue/inventories=21.5×

Based on trailing twelve months.

The official record: Proto Labs’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Proto Labs's inventory turnover?: Proto Labs (PRLB) reported inventory turnover of 21.5× in Q1 2026.
How has Proto Labs's inventory turnover changed year-over-year?: Proto Labs's inventory turnover increased by 0.5% year-over-year, from 21.3× to 21.5×.
What is the long-term trend for Proto Labs's inventory turnover?: Over 5 years (2020 to 2025), Proto Labs's inventory turnover has grown at a 1.4% compound annual growth rate (CAGR), from 20.7× to 22.2×.
What does inventory turnover mean?: Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.