Proto Labs (Protolabs) reported FY 2025 revenue of USD 533.13 million (up 6.4%), with net income of USD 21.24 million and income from operations of USD 25.11 million. Gross profit was USD 237.14 million, with gross margin of 44.5% (from 44.6%). Other income, net was USD 5.95 million, and the provision for income taxes was USD 9.82 million; the effective tax rate was 31.6% (from 32.7%). Cash and cash equivalents ended FY 2025 at USD 110.8 million, with net cash provided by operating activities of USD 74.5 million. By segment, FY 2025 revenue was USD 432.33 million in the United States and USD 100.8 million in Europe. By product line, CNC Machining revenue was USD 243.33 million (up 17.6%), Sheet Metal revenue was USD 17.16 million (up 12.4%), while Injection Molding revenue was USD 191.52 million (down 1.4%) and 3D Printing revenue was USD 80.3 million (down 4.1%). The company served 48,415 unique customer contacts in FY 2025 (down 6.1%), while revenue per customer contact was USD 11,012 (up 13.3%). Corporate updates included the completion in Q4 2025 of a plan approved in October 2024 to close Protolabs’ prototype injection molding facility in Eschenlohe, Germany, and discontinue Direct Metal Laser Sintering 3D printing services at its Putzbrunn, Germany facility; Protolabs said it continues to offer these services in Europe through internal facilities and its manufacturing partner network (Protolabs Network). Protolabs also reported FY 2025 stock repurchases of USD 43 million.
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