Filing Flows › Proto Labs (PRLB) › Q2 2026
Proto Labs (PRLB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Proto Labs (PRLB) reported revenue of $149M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +7% from the quarter before. Operating margin was 7.6%, net earnings $9.2M (6.1% of revenue).
Proto Labs, Q2 2026: revenue $149M (+11% year over year), operating margin 7.6%, net earnings $9.2M, operating cash flow $15.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $149M | +7% | +11% |
| Gross profit | $69.3M | +9% | +16% |
| Operating profit | $11.4M | +15% | +129% |
| Net earnings | $9.2M | +13% | +107% |
| Operating cash flow | $15.4M | -12% | +46% |
| Free cash flow | $9.2M | -34% | +1% |
What changed
Revenue was $149.3M in Q2 2026, up 11% year over year and up 7% from the previous quarter. CNC Machining was the largest line at 47% of revenue. CNC Machining added $8.4M year over year (up 14%), 59% of the total change. 3D Printing declined 3%.
Gross margin was 46.4%, up 2.2 points from Q2 2025. Operating profit was $11.4M, a 7.6% margin (up 3.9 points year over year). Of the extra revenue versus Q2 2025, 45% reached operating profit, above the 4% margin then. Operating expenses grew 6% against revenue growth of 11%. Net earnings were $9.2M, up 107% year over year. The effective tax rate was 27.4%.
Operating cash flow was $15.4M (up 46% year over year), 169% of net earnings. Non-cash charges added back $8.1M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $5.9M. Capital expenditures of $6.2M left free cash flow of $9.2M.
Questions
What was Proto Labs' revenue in the second quarter 2026?
Proto Labs (PRLB) reported revenue of $149M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +7% from the quarter before.
Was Proto Labs profitable in the second quarter 2026?
Operating profit was $11.4M (7.6% of revenue) and net earnings $9.2M.
Source: Proto Labs 10-Q on SEC EDGAR.