Proto Labs (PRLB) Research & Development (2011 - 2026)
Proto Labs (PRLB) recorded Research & Development of $11.02 million in Q3 2026, up 2.9% from $10.71 million a year earlier and up 2.1% 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 $42.67 million as of Sep 30, 2026, up 1.1% 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%).
- The Q3 2026 figure is the highest quarterly Research & Development since Q2 2025.
- On a year-over-year basis, Research & Development rose in five of the last eight quarters, with growth averaging 2.1%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 9.5% in Q3 2025, against a decline of 14.6% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.79 million (Q2 2026), $10.54 million (Q1 2026) and $10.32 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 596.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | - |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Proto Labs | 1.62 Bn | 1.06 Bn | 68.66 Mn | 11.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.02 Mn |
| 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 |
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();