“This was primarily due to our mix of customers served in the quarter as compared to the same period in 2025 and our focus on larger, more strategic customers as we strive to be their supplier of choice by serving their custom parts needs through our comprehen…”10-Q · Jul 31, 2026 ↗
Proto Labs, Inc.
PRLB
Market read
Proto Labs, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 24 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- Rising personnel, overtime and contract labor costs added $3.2M to cost of revenue in the quarter.
Invalidation: The isolated read changes if PRLB's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 24 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Rising personnel, overtime and contract labor costs added $3.2M to cost of revenue in the quarter.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +6.4% year over year.
No qualifying adverse evidence was identified; that is not proof there is no downside.
- EV/sales is 383% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
79.44Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Our research and development expenses decreased $0.5 million, or 2.1%, during the six months ended June 30, 2026 compared to the same period in 2025 primarily due to personnel and related cost decreases of $1.2 million, which were partially offset by increase…”10-Q · Jul 31, 2026 ↗
“Cash flows from operating activities increased $4.0 million during the six months ended June 30, 2026 compared to the same period in 2025, primarily due to increases in net income of $9.2 million, increases in deferred taxes of $8.0 million and an increase of…”10-Q · Jul 31, 2026 ↗
“This was primarily due to our mix of customers served in 2025 as compared to 2024 and our strategic focus to earn larger orders from our customers as we strive to be their supplier of choice by serving their custom parts needs through the comprehensive offer…”10-K · Feb 20, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.6× · EV/sales 3.4×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PRLB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PRLB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PRLB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ROKRockwell Automation, Inc.competitorFeb 20, 2026 ▾
“Schumacher was in finance leadership roles of increasing responsibility for Rockwell Automation, an industrial automation company.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PRLB is currently a Follower in the organic co-movement group Battery and Solar Technologies. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for PRLB; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.