Proto Labs, Inc. announced strong financial results for the fourth quarter and full year ended December 31, 2025, with record quarterly revenue of $136.5 million, a 12.1% increase year-over-year, and record annual revenue of $533.1 million, a 6.4% increase year-over-year. The company also reported a net income of $6.0 million for the quarter.
Proto Labs achieved record quarterly revenue in Q3 2025, driven by growth in CNC Machining and Sheet Metal. Despite flat net income, the company maintained strong margins and operational performance.
Protolabs achieved record quarterly revenue of $135.1 million, a 7.5% increase year-over-year, driven by growth in both digital factory and Protolabs Network fulfillment. GAAP EPS remained flat at $0.18, while non-GAAP EPS increased to $0.41, reflecting the strength of their profitable business model.
Protolabs announced first-quarter 2025 financial results with total revenue of $126.2 million, a 1.3% decrease year-over-year. Net income was $3.6 million, or $0.15 per diluted share, while non-GAAP net income was $8.1 million, or $0.33 per diluted share. The company served 21,627 customer contacts, with revenue per customer contact increasing by 2.5%.
Proto Labs reported a slight decrease in revenue for Q4 2024 compared to Q4 2023, with a net loss of $(0.4) million. However, non-GAAP net income was $9.4 million. The company's revenue through the Protolabs Network increased by 17.9%.
Proto Labs reported a revenue of $125.6 million for Q3 2024, a 3.9% decrease compared to the previous year. GAAP EPS was $0.29 and non-GAAP EPS was $0.47. The company's business generated its highest quarterly operating cash flow since 2020.
Proto Labs reported a revenue of $125.6 million, a 2.8% increase compared to Q2 2023. The company's net income was $4.5 million, or $0.18 per diluted share, compared to a net loss of $0.4 million in the same quarter last year. Non-GAAP net income was $9.5 million, or $0.38 per diluted share, compared to $8.7 million, or $0.33 per diluted share, in the second quarter of 2023.
Proto Labs reported a revenue of $127.9 million, a 1.6% increase compared to the first quarter of 2023. The company's GAAP earnings per share was $0.20, and non-GAAP earnings per share was $0.40. Revenue generated from Protolabs Network was $23.9 million, a 38.9% increase compared to the first quarter of 2023.
Proto Labs reported a record year with revenue above $500 million for the first time. Q4 revenue increased by 8.2% compared to Q4 2022, reaching $125.0 million. Net income for Q4 was $7.0 million, or $0.27 per diluted share, compared to a net loss of $4.24 per diluted share in the fourth quarter of 2022.
Proto Labs announced record revenue of $130.7 million for Q3 2023, a 7.4% increase year-over-year. The company reported GAAP earnings per share of $0.31 and non-GAAP earnings per share of $0.51. Protolabs experienced increased demand for its digitally-enabled manufacturing capabilities.
Proto Labs reported a slight decrease in revenue for Q2 2023, but experienced significant growth in network revenue. The company served over 23,000 unique product developers and improved gross and operating margins sequentially.
Proto Labs reported first quarter revenue of $125.9 million, a 1.4 percent increase compared to the first quarter of 2022. GAAP earnings per share was $0.10, and non-GAAP earnings per share was $0.30.
Proto Labs reported a decrease in revenue for Q4 2022, totaling $115.6 million, a 6.5% decrease compared to Q4 2021. The company experienced a net loss of $115.1 million, driven by a goodwill impairment charge of $118.0 million, but non-GAAP net income was $7.0 million, or $0.26 per diluted share. The digital network powered by Hubs saw revenue growth of 49.6% over Q4 2021.
Proto Labs reported a revenue of $121.7 million for Q3 2022, a 2.9% decrease compared to Q3 2021. GAAP earnings per share was $0.14, while non-GAAP earnings per share was $0.40. The company served 23,816 unique product developers during the quarter.
Proto Labs, Inc. reported a revenue of $126.9 million for the second quarter of 2022, a 3.1 percent increase compared to the second quarter of 2021. GAAP earnings per share was $0.09, and non-GAAP earnings per share was $0.46.
Proto Labs reported a revenue of $124.2 million for Q1 2022, a 6.9% increase compared to Q1 2021. GAAP earnings per share was $0.19, and non-GAAP earnings per share was $0.38.
Proto Labs reported a strong fourth quarter with revenue of $123.6 million, an increase of 17.5% year-over-year. The company's net income for the quarter was $11.9 million, or $0.43 per diluted share, and non-GAAP net income was $11.4 million, or $0.41 per diluted share.
Proto Labs reported record revenue of $125.3 million, a 16.6% increase compared to the third quarter of 2020. Net income was $4.8 million, or $0.17 per diluted share, while non-GAAP net income was $9.7 million, or $0.35 per diluted share.
Proto Labs reported a record revenue of $123.0 million for Q2 2021, a 15.5% increase compared to Q2 2020. The company served 23,253 unique product developers during the quarter, representing a 36.5% increase year-over-year.
Proto Labs reported a revenue of $116.1 million for Q1 2021, a 10.4 percent increase compared to Q4 2020. The company's net income was $3.7 million, or $0.13 per diluted share, and non-GAAP net income was $11.0 million, or $0.40 per diluted share.
Proto Labs, Inc. reported a revenue of $105.2 million for the fourth quarter of 2020, a 2.1 percent decline compared to the third quarter of 2020. Net income for the fourth quarter was $9.6 million, or $0.36 per diluted share. Non-GAAP net income was $13.5 million, or $0.50 per diluted share.
Proto Labs reported a revenue of $107.5 million for Q3 2020, an 8.5 percent decrease compared to Q3 2019. The GAAP EPS was $0.55, and the non-GAAP EPS was $0.67. The company's focus on cost management resulted in sequential margin improvement.
Proto Labs reported a revenue of $106.6 million for Q2 2020, representing an 8.1 percent decrease compared to Q2 2019. GAAP EPS was $0.47, and non-GAAP EPS was $0.59. The company delivered over 8 million parts to support the medical industry, generating $12 million in revenue.
Proto Labs reported a 1.5% increase in revenue to $115.1 million for the first quarter of 2020. GAAP EPS was $0.52, and non-GAAP EPS was $0.61. The company experienced a slowdown in ordering activity in mid-March due to the global pandemic but saw increased orders for COVID-19 related parts.
Proto Labs reported a slight decrease in revenue for Q4 2019 compared to Q4 2018, but highlighted its strong cash generation and healthy balance sheet. The company served a higher number of unique product developers and engineers. They are focusing on strategic investments for long-term business performance.