Proto Labs, Inc. (PRLB)

Proto Labs Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	505.91	503.88	488.4	488.1	434.4	458.73
Revenue Growth (YoY)	3.23%	3.17%	0.06%	12.36%	-5.30%	2.95%
Cost of Revenue	280.22	281.88	272.93	265.41	216.57	223.44
Gross Profit	225.68	221.99	215.47	222.69	217.83	235.29
Selling, General & Admin	153.67	153.48	150.3	138.11	121.05	122.74
Research & Development	40.63	40.14	38.22	44.24	36.94	32.69
Other Operating Expenses	0.15	0.22	124.93	0	0	0
Operating Expenses	194.44	193.83	313.45	182.35	157.99	155.43
Operating Income	31.25	28.17	-97.98	40.34	59.84	79.86
Other Expense / Income	0.61	0.22	-0.11	0.16	-3.11	-1.34
Pretax Income	30.64	27.95	-97.88	40.18	62.95	81.19
Income Tax	10.81	10.73	5.59	6.81	12.08	17.54
Net Income	19.83	17.22	-103.46	33.37	50.87	63.66
Net Income Growth	-	-	-	-34.39%	-20.09%	-16.89%
Shares Outstanding (Basic)	26	26	27	28	27	27
Shares Outstanding (Diluted)	26	26	27	28	27	27
Shares Change	-3.09%	-4.33%	-0.88%	2.81%	-0.57%	-0.84%
EPS (Basic)	0.78	0.66	-3.77	1.21	1.90	2.37
EPS (Diluted)	0.77	0.66	-3.77	1.21	1.89	2.35
EPS Growth	-	-	-	-35.98%	-19.57%	-16.37%
Free Cash Flow	45.3	45.86	44.5	21.03	59.96	53.82
Free Cash Flow Per Share	1.77	1.75	1.62	0.76	2.24	2.00
Gross Margin	44.61%	44.06%	44.12%	45.62%	50.14%	51.29%
Operating Margin	6.18%	5.59%	-20.06%	8.27%	13.77%	17.41%
Profit Margin	3.92%	3.42%	-21.18%	6.84%	11.71%	13.88%
Free Cash Flow Margin	8.95%	9.10%	9.11%	4.31%	13.80%	11.73%
Effective Tax Rate	35.28%	38.39%	-	16.95%	19.19%	21.60%
EBITDA	67.88	65.48	-58.45	80.67	95.54	112.06
EBITDA Margin	13.42%	13.00%	-11.97%	16.53%	21.99%	24.43%
Depreciation & Amortization	37.24	37.53	39.43	40.49	32.59	30.86
EBIT	30.64	27.95	-97.88	40.18	62.95	81.19
EBIT Margin	6.06%	5.55%	-20.04%	8.23%	14.49%	17.70%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).