Proto Labs
NYSE: PRLBRuns its own factories for quick-turn digital manufacturing: CNC, injection molding, 3D printing and sheet metal. Built its name on very fast prototyping and low-volume production. Also resells network capacity, but the owned-factory model is the core.
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Timeline
- 2021Jan 2021
Buys 3D Hubs for 280 million dollars
Closed on 19 January 2021 with 130 million in cash and 150 million in stock, plus up to 50 million in performance-based payments.
- 20222022
Net loss of 103.5 million dollars
Driven by a 118.0 million dollar goodwill impairment in the fourth quarter.
- 2023
- 20242024
Revenue slips 0.6 percent to 500.9 million dollars
Net income was 16.6 million dollars. Revenue through the Protolabs Network, the former 3D Hubs, rose 21.6 percent to 100.4 million.
- 2025May 2025
Suresh Krishna replaces Rob Bodor as CEO
Krishna previously ran Northern Tool + Equipment; Bodor had led the company since 2021.
- 2025
Record revenue of 533.1 million dollars
Up 6.4 percent, with CNC machining revenue up 17.6 percent and net income of 21.2 million dollars.
- 2026Jul 2026
Record quarter of 149.3 million dollars
Second-quarter revenue rose 10.6 percent, and full-year growth guidance went up to 8 to 10 percent.
Posts about Proto Labs
Informational only, not investment advice. Timeline entries are compiled by hand from public sources and can lag real events. Figures come from company reports and news, not from us. Private companies rarely publish financials; where a figure is not disclosed we say so instead of estimating it.