Filing Flows › Proto Labs (PRLB) › Q3 2026
Proto Labs (PRLB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Proto Labs (PRLB) reported revenue of $154M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +3% from the quarter before. Operating margin was 9.4%, net earnings $11.8M (7.6% of revenue).
Proto Labs, Q3 2026: revenue $154M (+14% year over year), operating margin 9.4%, net earnings $11.8M, operating cash flow $22.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $154M | +3% | +14% |
| Gross profit | $68.7M | -1% | +12% |
| Operating profit | $14.4M | +27% | +64% |
| Net earnings | $11.8M | +29% | +63% |
| Operating cash flow | $22.8M | +47% | -22% |
| Free cash flow | $17.0M | +84% | -32% |
What changed
Revenue was $154.3M in Q3 2026, up 14% year over year and up 3% from the previous quarter. CNC Machining was the largest line at 48% of revenue. CNC Machining added $10.3M year over year (up 16%), 54% of the total change. Sheet Metal declined 5%.
Gross margin was 44.5%, down 0.8 points from Q3 2025. Operating profit was $14.4M, a 9.4% margin (up 2.8 points year over year). Of the extra revenue versus Q3 2025, 30% reached operating profit, above the 7% margin then. Operating expenses grew 3% against revenue growth of 14%. Net earnings were $11.8M, up 63% year over year. The effective tax rate was 27.4%.
Operating cash flow was $22.8M (down 22% year over year), 194% of net earnings. Non-cash charges added back $8.1M of depreciation and amortization and $3.4M of share-based compensation. Capital expenditures of $5.8M left free cash flow of $17.0M.
Questions
What was Proto Labs' revenue in the third quarter 2026?
Proto Labs (PRLB) reported revenue of $154M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +3% from the quarter before.
Was Proto Labs profitable in the third quarter 2026?
Operating profit was $14.4M (9.4% of revenue) and net earnings $11.8M.
Source: Proto Labs 10-Q on SEC EDGAR.