Proto Labs, Inc. reported a revenue increase of 6.4% for the fiscal year ending December 31, 2025, reaching $533.1 million compared to $500.9 million in 2024. The company's net income also rose significantly, climbing 28% to $21.2 million from $16.6 million in the previous year. This growth was attributed to a strategic focus on larger orders from existing customers, which resulted in a 13.3% increase in revenue per customer contact, despite a 6.1% decrease in unique customer contacts served.
In terms of operational changes, Proto Labs completed the closure of its prototype injection molding facility in Eschenlohe, Germany, and discontinued certain 3D printing services in Putzbrunn, Germany, as part of a restructuring plan approved in October 2024. The company continues to offer its manufacturing services across Europe through its internal facilities and a network of manufacturing partners. The acquisition of Hubs in 2021 has expanded Proto Labs' capabilities, allowing it to provide customers with access to a global network of premium manufacturing partners.
The company’s operational metrics indicate a diverse customer base, with approximately 48,415 unique customer contacts in 2025. The revenue breakdown by product line showed a notable increase in CNC machining revenue, which rose by 17.6% to $243.3 million, while injection molding revenue decreased slightly by 1.4% to $191.5 million. The overall gross profit for the year was $237.1 million, with a gross margin of 44.5%, slightly down from 44.6% in 2024.
Looking ahead, Proto Labs anticipates continued investment in its operations to support future growth, particularly in technology and personnel. The company plans to enhance its e-commerce capabilities and expand its product offerings to meet evolving customer needs. However, it also acknowledges potential risks, including economic conditions and competitive pressures, which could impact its ability to maintain revenue growth. The company remains committed to leveraging its technology-driven manufacturing processes to capitalize on market trends favoring rapid prototyping and on-demand production.
About Proto Labs Inc
Proto Labs, Inc. is a global digital manufacturer specializing in rapid production of custom plastic, metal, and silicone rubber parts. Using advanced automation, proprietary software, and a worldwide network of manufacturing partners, it offers fast, cost-effective prototyping and low-volume production solutions across industries like healthcare, aerospace, and electronics. Its e-commerce platform streamlines design-to-delivery, providing speed, quality, and broad capabilities to product developers and engineers.
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