Proto Labs Inc (PRLB) FY2025 10-K Annual Report

Filed: Feb 20, 2026
Industrials
Fabricated Structural Metal ProductsSEC EDGAR

Proto Labs Inc (PRLB) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Proto Labs Inc FY2025 10-K Analysis

Business Overview

  • Core business model not detailed; filing emphasizes governance and proxy statement references
  • No new products, services, or segments introduced or highlighted this year
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Management Discussion & Analysis

  • Operating cash flow $74.5M in 2025 vs $77.8M in 2024 and $73.3M in 2023, driven by net income $21.2M in 2025 up from $16.6M in 2024
  • Investing cash outflow $13.4M in 2025 vs $13.6M in 2024, primarily for property and equipment purchases of $14.0M
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Risk Factors

  • Regulatory/legal risk: Closure of Eschenlohe injection molding and Putzbrunn 3D printing facilities in Germany per Oct 2024 plan, impacting European operations
  • Geopolitical/macroeconomic threat: Europe revenue decline 3.7% to $100.8M in 2025 due to lower volumes and exit of German operations
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Proto Labs Inc FY2025 Key Financial Metrics
XBRL

Revenue

$533M

+6.4% YoY

Net Income

$21M

+28.0% YoY

Gross Margin

44.5%

-8bp YoY

Operating Margin

4.7%

+73bp YoY

Net Margin

4.0%

+67bp YoY

ROE

3.2%

+68bp YoY

Total Assets

$763M

+2.7% YoY

EPS (Diluted)

$0.88

+33.3% YoY

Operating Cash Flow

$75M

-4.3% YoY

Source: XBRL data from Proto Labs Inc FY2025 10-K filing on SEC EDGAR. All figures in USD.

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