Proto Labs (PRLB) Operating Margin (2011 - 2026)
Proto Labs' (PRLB) quarterly Operating Margin came in at 7.06% in Q1 2026, up 347.0% year-on-year from 1.58% in Q1 2025, and up 41.74% quarter-over-quarter from 4.98% in Q4 2025.
Proto Labs (PRLB) Operating Margin (2011 - 2026) Analysis & Trends
Proto Labs has disclosed Operating Margin across 16 years of filings, most recently posting 7.06% for Q1 2026.
- Operating Margin for Q1 2026 came in at 7.06%, up 347.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.57% (up 204.0% YoY), and the FY2025 annual result was 4.71%, up 73.0% from the prior year.
- Operating Margin came in at 7.06% for Q1 2026 at Proto Labs, up from 4.98% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7.97% in Q3 2023 to a low of 101.32% in Q4 2022.
- The 5-year median for Operating Margin is 4.98% (2022), against an average of 1.3%.
- Across the five-year window, Operating Margin slumped 11188 bps in 2022 and jumped 10803 bps in 2023, its largest moves.
- Proto Labs' Operating Margin stood at 101.32% in 2022, then jumped by 107 bps to 6.71% in 2023, then tumbled by 118 bps to 1.23% in 2024, then soared by 506 bps to 4.98% in 2025, then jumped by 42 bps to 7.06% in 2026.
- The last three Operating Margin figures came in at 7.06% (Q1 2026), 4.98% (Q4 2025), and 6.51% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 22.98% |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 14.22% |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 26.17% |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | -76.66% |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 12.01% |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | - |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 8.33% |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 7.06% |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 1.48% |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | -5.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.06% |
| Dec 31, 2025 | 4.98% |
| Sep 30, 2025 | 6.51% |
| Jun 30, 2025 | 3.68% |
| Mar 31, 2025 | 3.59% |
| Dec 31, 2024 | -1.23% |
| Sep 30, 2024 | 6.83% |
| Jun 30, 2024 | 4.78% |
| Mar 31, 2024 | 5.34% |
| Dec 31, 2023 | 6.71% |
| Sep 30, 2023 | 7.97% |
| Jun 30, 2023 | 4.59% |
| Mar 31, 2023 | 2.98% |
| Dec 31, 2022 | -101.32% |
| Sep 30, 2022 | 4.98% |
| Jun 30, 2022 | 4.10% |
| Mar 31, 2022 | 6.35% |
| Dec 31, 2021 | 10.56% |
| Sep 30, 2021 | 5.53% |
| Jun 30, 2021 | 13.09% |