Proto Labs (PRLB) Research & Development (2011 - 2026)
Proto Labs (PRLB) recorded Research & Development of $10.79 million in Q2 2026, down 3.4% from $11.17 million a year earlier but up 2.4% from the prior quarter.
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Analysis
Proto Labs (PRLB) Research & Development (2011 - 2026) Analysis & Trends
On a TTM basis, Proto Labs' Research & Development came in at $42.36 million as of Jun 30, 2026, up 2.7% year-over-year; for FY2025, it came in at $42.81 million, up 3.7% from FY2024.
- Annual Research & Development has increased for three straight years, with a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $41.3 million in FY2024 (+2.9%), $40.14 million in FY2023 (+5.0%), $38.22 million in FY2022 (-13.6%) and $44.24 million in FY2021 (+19.8%).
- Quarterly Research & Development has ranged from $8.91 million in Q4 2022 to $11.17 million in Q2 2025 over the past five years.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 1.3%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 34.1% in Q3 2021, against a decline of 14.6% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.54 million (Q1 2026), $10.32 million (Q4 2025) and $10.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | - |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 304.00 Mn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | - |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | - |
| 10 | Proto Labs | 2.15 Bn | 1.62 Bn | 69.34 Mn | 10.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.79 Mn |
| Mar 31, 2026 | 10.54 Mn |
| Dec 31, 2025 | 10.32 Mn |
| Sep 30, 2025 | 10.71 Mn |
| Jun 30, 2025 | 11.17 Mn |
| Mar 31, 2025 | 10.61 Mn |
| Dec 31, 2024 | 9.70 Mn |
| Sep 30, 2024 | 9.77 Mn |
| Jun 30, 2024 | 10.66 Mn |
| Mar 31, 2024 | 11.17 Mn |
| Dec 31, 2023 | 9.49 Mn |
| Sep 30, 2023 | 10.11 Mn |
| Jun 30, 2023 | 9.87 Mn |
| Mar 31, 2023 | 10.68 Mn |
| Dec 31, 2022 | 8.91 Mn |
| Sep 30, 2022 | 9.31 Mn |
| Jun 30, 2022 | 9.45 Mn |
| Mar 31, 2022 | 10.56 Mn |
| Dec 31, 2021 | 10.39 Mn |
| Sep 30, 2021 | 10.61 Mn |
API Access
Proto Labs Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PRLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PRLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PRLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();