Proto Labs, Inc.

PRLBNYSEIndustrials● Active

$75.54

+$2.90(+3.99%)

Market Cap$1.8B

P/E Ratio—

52W High$78.52

52W Low$37.16

Avg Volume176K

Open$73.89

Beta1.39

Overview

Proto Labs, Inc. (PRLB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PRLB · free cash flow · updated Jun 8, 2026

Core FCF metrics

PRLB · FCF · TTM · margin & CAGR

Free cash flow was $59.7M for FY2025 (fiscal year ending 2025-12-31), down 13.1% year-over-year The FCF margin was 11.2%. Five-year CAGR stands at -0.1%.

FY2025 Free Cash Flow$59.7M▼ -13.1% YoY

Trailing 12M (TTM)$61.9Mtrailing 4 quarters sum

FCF Margin11.2%$59.7M ÷ revenue

3-Year CAGR+13.9%FY2022 → FY2025

5-Year CAGR-0.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PRLB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$74.5M(15M)$59.7M▼ 13.1%11.2%

FY2024$77.8M(9M)$68.7M▲ +52.0%13.7%

FY2023$73.3M(28M)$45.2M▲ +11.8%9.0%

FY2022$62.1M(22M)$40.4M▲ +92.0%8.3%

FY2021$55.2M(34M)$21.0M▼ 64.9%4.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PRLB · P/FCF · FCF yield · FCF per share

Proto Labs, Inc. (PRLB) trades at a FCF yield of 3.41% and a price-to-free-cash-flow ratio of 29.2x. FCF per share stands at $2.59, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.41%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.59

TTM FCF ÷ Shares Outstanding

Price / FCF

x29.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x27.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

PRLB · cash flow statement · operating / investing / financing

For FY2025, Proto Labs, Inc. generated $74.5M in operating cash flow and spent 15M in capital expenditures, yielding $59.7M in free cash flow.

Operating Activities

+$74.5M

Cash from core business operations

2025-12-31

Investing Activities

−$13.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$40.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($74.5M) − |CapEx| (15M) = FCF ($59.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

PRLB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Proto Labs, Inc.YOU

PRLB

$59.7M-13.1%11.2%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Proto Labs, Inc. (PRLB) reported free cash flow of $59.7M for FY2025 (fiscal year ending 2025-12-31), down 13.1% year-over-year. The FCF margin was 11.2%.

Based on available data, Proto Labs, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $68.7M in FY2024. The 5-year CAGR stands at -0.1%.

Proto Labs, Inc.'s FCF yield is 3.41% and price-to-FCF ratio is 29.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PRLB free cash flow · 8 questions

Proto Labs, Inc. free cash flow was $59.7M for FY2025, down 13.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $61.9M.

PRLB free cash flowPRLB FCFPRLB FCF 2025PRLB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Proto Labs, Inc. · Proto Labs, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026