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PROTO LABS, INC.
As of May 30, 2026 at 24:05 UTC
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About PROTO LABS, INC.
Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. The Lab uses injection molding, computer numerical control machining, and 3-D printing, and sheet metal to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. Geographically, a majority of the company's revenue is derived from the United States and the rest from Europe.
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Latest News
5 articlesThe polymer additive manufacturing market is expected to grow significantly from 2024 to 2031, driven by cost efficiency, customization, and sustainability benefits. Key growth opportunities include advancements in bioprinting, supply chain resilience, and industry partnerships. North America leads the market due to strong industrial adoption.
The global aerospace 3D printing market is poised for significant growth, with a projected CAGR of 18.79% from 2025 to 2033, driven by increasing demand for lightweight and fuel-efficient aircraft, and efforts to minimize carbon emissions and bolster national defense industries.
Proto Labs beat earnings forecasts in Q3, with sales of $125.6 million and earnings of $0.47 per share, despite a decline in revenue and earnings compared to the prior year. The company's CEO cited 'continued dynamic challenges in the manufacturing sector' as the reason for the revenue decline. Proto Labs provided Q4 guidance, forecasting sales between $115-$123 million and GAAP earnings between $0.10-$0.18 per share.
The global additive manufacturing market is projected to reach $91.59 billion by 2031, growing at a CAGR of 20.8% due to rising demand for cost-efficient production, customized products, and technological advancements in 3D printing. Industrial 3D printers dominate the market, and the laser beam melting (LBM) technology is expected to lead the growth.
