Proto Labs Q2 revenue beats estimates, lifts FY outlook
PRLB•What drove the quarter
- Strategic customer expansion - Co said larger strategic customers expanded relationships, contributing to revenue growth.
- Product line growth - CNC machining and injection molding revenue increased 13.6% and 13.1% year over year, respectively.
- Higher revenue per customer - Revenue per customer contact rose 16.7% year over year.
Updated outlook for 2026
- Proto Labs raises 2026 full-year revenue growth guidance to 8%–10%.
- Company expects Q3 2026 revenue between $145 million and $153 million.
- Proto Labs sees Q3 2026 GAAP EPS between $0.34 and $0.42, and non-GAAP EPS of $0.56–$0.64.
Key figures and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat |
