Proto Labs Q1 revenue rises 10.4% to record $139.3 million; net income $8.1 million
Proto Labs reported first quarter 2026 revenue of $139.3 million, up 10.4% from a year earlier, and GAAP net income of $8.1 million, or $0.33 per diluted share, compared with $3.6 million, or $0.15, in the first quarter of 2025. The company also guided to second quarter 2026 revenue of $140.0 million to $148.0 million and full-year 2026 revenue growth of 6% to 8%.
Key points
- Revenue was $139.3 million, up 10.4% from $126.2 million in Q1 2025; CNC Machining revenue grew 19.7%.
- GAAP diluted EPS was $0.33 versus $0.15 a year earlier; non-GAAP diluted EPS was $0.54 versus $0.33.
- Adjusted EBITDA was $22.8 million, or 16.3% of revenue, compared with $17.4 million, or 13.8%, in Q1 2025.
- Q2 2026 outlook: revenue of $140.0 million to $148.0 million and non-GAAP diluted EPS of $0.50 to $0.58; full-year 2026 revenue growth of 6% to 8%.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.