Protolabs revenue skyrockets 11% to $149 million

• Protolabs reported record second-quarter 2026 revenue of $149.3 million, up 10.6% year over year.
• Adjusted EBITDA increased to $25.1 million, while operating margins expanded.
• The company raised its full-year 2026 revenue growth outlook to 8%–10%.

Protolabs (NYSE:PRLB) reported record second-quarter 2026 revenue of $149.3 million, up 10.6% year over year, supported by growth in CNC machining and injection molding services.

GAAP net income increased to $0.37 per diluted share from $0.18 per diluted share a year earlier, while adjusted net income rose to $0.60 per diluted share from $0.41.

CNC machining revenue increased 13.6% year over year, injection molding revenue increased 13.1%, and adjusted EBITDA rose to $25.1 million, representing 16.8% of revenue compared with 14.6% in the prior-year quarter.

Protolabs raised its full-year 2026 revenue growth outlook to 8%–10%.

GAAP gross margin improved to 46.4% from 44.3%, while GAAP operating margin increased to 7.6% from 3.7% during the second quarter.

The company ended June 30, 2026 with $162.9 million in cash and investments and continues providing digital manufacturing services including CNC machining, injection molding and 3D printing.