OverviewSuggest Edit

Proto Labs is a manufacturer of custom prototypes and on-demand production parts. It utilizes injection molding, computer numerical control machining, 3D printing, and sheet metal fabrication to manufacture custom parts for developers and engineers who use 3D computer-aided design software.

TypePublic
Founded1999
HQMaple Plain, MN, US
Websiteprotolabs.com
Employee Ratings3.7
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)2,535(+2%)
Job Openings67
Revenue (FY, 2020)$434.4 M(-5%)
Share Price (Sept 2021)$74.3(-3%)
Cybersecurity ratingCMore

Key People/Management at Proto Labs

Victoria Holt

Victoria Holt

President and CEO
John Way

John Way

CFO
Richard Baker

Richard Baker

CTO
Robert Bodor

Robert Bodor

Vice President and General Manager, Americas
Greg Wesling

Greg Wesling

Director, Operations
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Proto Labs Office Locations

Proto Labs has offices in Maple Plain, Minneapolis, Morrisville, Nashua and in 10 other locations
Maple Plain, MN, US (HQ)
5540 Pioneer Creek Dr
Minneapolis, MN, US
8500 Wyoming Ave N
Morrisville, NC, US
3700 Pleasant Grove Church Rd
Nashua, NH, US
15 Charron Ave
Plymouth, MN, US
2600 Niagara Ln N
Rosemount, MN, US
15197 Boulder Ave
Show all (14)

Proto Labs Financials and Metrics

Proto Labs Revenue

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Proto Labs's revenue was reported to be $434.4 m in FY, 2020
USD

Revenue (FY, 2020)

434.4m

Gross profit (FY, 2020)

217.8m

Gross profit margin (FY, 2020), %

50.1%

Net income (FY, 2020)

50.9m

EBIT (FY, 2020)

59.8m

Market capitalization (8-Sept-2021)

2.1b

Closing stock price (8-Sept-2021)

74.3

Cash (31-Dec-2020)

127.6m

EV

1.9b
Proto Labs's current market capitalization is $2.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

298.1m344.5m445.6m458.7m434.4m

Revenue growth, %

13%16%29%

Cost of goods sold

131.1m150.6m206.9m223.4m216.6m

Gross profit

166.9m193.8m238.7m235.3m217.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

80.2m82.0m88.1m107.7m109.7m115.4m113.5m115.9m117.5m115.1m106.6m107.5m

Cost of goods sold

34.9m35.7m38.8m49.8m50.4m53.0m54.6m55.7m57.8m57.0m54.1m52.9m

Gross profit

45.3m46.4m49.3m57.9m59.2m62.4m58.9m60.2m59.6m58.1m52.5m54.6m

Gross profit Margin, %

56%57%56%54%54%54%52%52%51%50%49%51%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

68.8m36.7m85.0m125.2m127.6m

Accounts Receivable

34.1m51.5m59.2m57.5m57.9m

Prepaid Expenses

5.7m6.3m8.6m8.2m11.0m

Inventories

9.3m11.3m10.1m10.1m10.9m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

42.7m51.8m76.6m63.7m50.9m

Depreciation and Amortization

17.5m18.5m26.8m30.9m32.6m

Inventories

136.0k(985.0k)(189.0k)60.0k(662.0k)

Accounts Payable

(1.1m)3.2m1.9m(719.0k)1.5m
Quarterly
USDFY, 2016

Revenue/Employee

175.3k

Financial Leverage

1.1 x
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Proto Labs Operating Metrics

FY, 2016FY, 2017FY, 2018

Patents (Foreign)

222

Patents (US)

161718

Patents Pending (Foreign)

222

Trademarks (US)

132323
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Proto Labs Acquisitions / Subsidiaries

Company NameDateDeal Size
3D HubsJanuary 20, 2021$330 m
Rapid Manufacturing Group, LLCJuly 29, 2019$110 m
Alphaform AGSeptember 24, 2015
FineLine Prototyping Inc.April 24, 2014$38 m
PL DE Holding GmbH
PL Euro Services Ltd.
PL International Holdings, UK, Ltd.
PL-US International LLC
Proto Labs Eschenlohe GmbH
Proto Labs, G.K.
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Proto Labs Revenue Breakdown

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Proto Labs revenue breakdown by business segment: 5.6% from Sheet Metal, 12.0% from 3D Printing, 34.5% from CNC Machining, 47.2% from Injection Molding and 0.7% from Other

Proto Labs revenue breakdown by geographic segment: 18.2% from Europe, 78.7% from United States and 3.2% from Other

Proto Labs Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Proto Labs Online and Social Media Presence

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Proto Labs Company Culture

  • Overall Culture

    A-

    77/100

  • CEO Rating

    B+

    73/100

  • Compensation

    A-

    80/100

Learn more on Comparably

Proto Labs News and Updates

Protolabs Reports Financial Results for the Second Quarter of 2021

Proto Labs, Inc. (NYSE: PRLB), the world’s largest ecommerce manufacturer and supplier of on-demand prototype and production parts, today announced financial results for the second quarter ended June 30, 2021.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Proto Labs, Inc. - PRLB

NEW YORK, Feb. 7, 2019 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors of Proto Labs, Inc. ("Proto Labs" or the "Company") (NYSE: PRLB). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The...

Proto Labs Blogs

Alex Cappy Named Vice President and CEO of Hubs, a Protolabs Company

Alex Cappy Named Vice President and CEO of Hubs, a Protolabs Company Content Import Tue, 09/14/2021 - 08:01 Alex Cappy Named Vice President and CEO of Hubs, a Protolabs Company September 14, 2021 at 8:00 AM EDT This release is a backfill from a News Wire …

At-risk Youth in San Francisco Benefit from Protolabs’ Cool Idea Award

At-risk Youth in San Francisco Benefit from Protolabs’ Cool Idea Award Katherine.Howe… Thu, 08/19/2021 - 11:21 At-risk Youth in San Francisco Benefit from Protolabs’ Cool Idea Award August 17, 2021 at 12:00 PM EDT This release is a backfill from a News Wire …

Proto Labs Frequently Asked Questions

  • When was Proto Labs founded?

    Proto Labs was founded in 1999.

  • Who are Proto Labs key executives?

    Proto Labs's key executives are Victoria Holt, John Way and Richard Baker.

  • How many employees does Proto Labs have?

    Proto Labs has 2,535 employees.

  • What is Proto Labs revenue?

    Latest Proto Labs annual revenue is $434.4 m.

  • What is Proto Labs revenue per employee?

    Latest Proto Labs revenue per employee is $171.4 k.

  • Who are Proto Labs competitors?

    Competitors of Proto Labs include EOS, Materialise and 3D Systems.

  • Where is Proto Labs headquarters?

    Proto Labs headquarters is located at 5540 Pioneer Creek Dr, Maple Plain.

  • Where are Proto Labs offices?

    Proto Labs has offices in Maple Plain, Minneapolis, Morrisville, Nashua and in 10 other locations.

  • How many offices does Proto Labs have?

    Proto Labs has 14 offices.