What is Proto Labs's R&D?

Proto Labs (PRLB) reported R&D of $10.54M in Q1 2026.

How has Proto Labs's R&D changed year-over-year?

Proto Labs's R&D decreased by 0.7% year-over-year, from $10.61M to $10.54M.

What is the long-term trend for Proto Labs's R&D?

Over 4 years (2021 to 2025), Proto Labs's R&D has grown at a -0.8% compound annual growth rate (CAGR), from $44.24M to $42.81M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Proto Labs PRLB R&D

R&D at other companies

Xometry, Inc.XMTR

$11.43M+2.3%

West Pharmaceutical ServicesWST

$15.8M-3.1%

PTCPTC

$124.13M+11.8%

Ichor HoldingsICHR

$5.53M-5.9%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$17.5M-4.6%

CapEx$3.5M+181%

Free cash flow$14.0M-18.2%

Valuation

See full

Market cap$1.9B+59.7%

Enterprise value$1.78B+60.4%

P/E73.7×-3.9×

P/S3.5×+1.1×

Profitability

See full

Gross margin44.9%+0.5pp

Operating margin5.6%+1.7pp

Net margin4.7%+1.6pp

FCF margin10.4%-3.1pp

Returns & leverage

See full

Return on equity3.8%+1.6pp

Debt / equity0×0.0×

Current ratio3.5×+0.4×

Where this comes from

Reported directly by Proto Labs in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

Ask your AI about Proto Labs's r&d.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Proto Labs's R&D?: Proto Labs (PRLB) reported R&D of $10.54M in Q1 2026.
How has Proto Labs's R&D changed year-over-year?: Proto Labs's R&D decreased by 0.7% year-over-year, from $10.61M to $10.54M.
What is the long-term trend for Proto Labs's R&D?: Over 4 years (2021 to 2025), Proto Labs's R&D has grown at a -0.8% compound annual growth rate (CAGR), from $44.24M to $42.81M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.