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Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and Proto Labs Inc (PRLB). Click either name above to swap in a different company.

Proto Labs Inc is the larger business by last-quarter revenue ($136.5M vs $105.5M, roughly 1.3× Granite Ridge Resources, Inc.). On growth, Proto Labs Inc posted the faster year-over-year revenue change (12.1% vs -0.8%). Over the past eight quarters, Granite Ridge Resources, Inc.'s revenue compounded faster (8.9% CAGR vs 3.3%).

Granite Ridge Resources, Inc. is an independent upstream energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It operates low-cost, high-yield onshore hydrocarbon assets across key U.S. basins, primarily serving North American energy markets.

Protolabs is a company that provides rapid manufacturing of 3D printed, CNC-machined, sheet metal, and injection-molded custom parts for prototyping and production. Markets like medical devices, aerospace, electronics, appliances, automotive and consumer products use these parts. Protolabs' headquarters are located in Maple Plain, Minnesota, with Minnesota-based manufacturing facilities in Plymouth, Brooklyn Park, and Rosemount, along with additional facilities in Nashua, New Hampshire and Ca...

GRNT vs PRLB — Head-to-Head

Bigger by revenue
PRLB
PRLB
1.3× larger
PRLB
$136.5M
$105.5M
GRNT
Growing faster (revenue YoY)
PRLB
PRLB
+12.9% gap
PRLB
12.1%
-0.8%
GRNT
Faster 2-yr revenue CAGR
GRNT
GRNT
Annualised
GRNT
8.9%
3.3%
PRLB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRNT
GRNT
PRLB
PRLB
Revenue
$105.5M
$136.5M
Net Profit
Gross Margin
44.2%
Operating Margin
-34.5%
5.0%
Net Margin
Revenue YoY
-0.8%
12.1%
Net Profit YoY
EPS (diluted)
$-0.19
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRNT
GRNT
PRLB
PRLB
Q4 25
$105.5M
$136.5M
Q3 25
$112.7M
$135.4M
Q2 25
$109.2M
$135.1M
Q1 25
$122.9M
$126.2M
Q4 24
$106.3M
$121.8M
Q3 24
$94.1M
$125.6M
Q2 24
$90.7M
$125.6M
Q1 24
$89.0M
$127.9M
Net Profit
GRNT
GRNT
PRLB
PRLB
Q4 25
Q3 25
$14.5M
$7.2M
Q2 25
$25.1M
$4.4M
Q1 25
$9.8M
$3.6M
Q4 24
Q3 24
$9.1M
$7.2M
Q2 24
$5.1M
$4.5M
Q1 24
$16.2M
$5.3M
Gross Margin
GRNT
GRNT
PRLB
PRLB
Q4 25
44.2%
Q3 25
45.3%
Q2 25
44.3%
Q1 25
44.1%
Q4 24
42.7%
Q3 24
45.6%
Q2 24
45.0%
Q1 24
44.9%
Operating Margin
GRNT
GRNT
PRLB
PRLB
Q4 25
-34.5%
5.0%
Q3 25
17.4%
6.5%
Q2 25
19.0%
3.7%
Q1 25
34.6%
3.6%
Q4 24
-6.5%
-1.2%
Q3 24
26.2%
6.8%
Q2 24
24.1%
4.8%
Q1 24
22.0%
5.3%
Net Margin
GRNT
GRNT
PRLB
PRLB
Q4 25
Q3 25
12.9%
5.3%
Q2 25
23.0%
3.3%
Q1 25
8.0%
2.9%
Q4 24
Q3 24
9.6%
5.7%
Q2 24
5.6%
3.6%
Q1 24
18.2%
4.1%
EPS (diluted)
GRNT
GRNT
PRLB
PRLB
Q4 25
$-0.19
$0.25
Q3 25
$0.11
$0.30
Q2 25
$0.19
$0.18
Q1 25
$0.07
$0.15
Q4 24
$-0.09
$-0.01
Q3 24
$0.07
$0.29
Q2 24
$0.04
$0.18
Q1 24
$0.12
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRNT
GRNT
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$128.1M
Total DebtLower is stronger
$367.8M
Stockholders' EquityBook value
$605.8M
$673.9M
Total Assets
$1.2B
$763.4M
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
PRLB
PRLB
Q4 25
$128.1M
Q3 25
$119.2M
Q2 25
$103.2M
Q1 25
$96.8M
Q4 24
$103.1M
Q3 24
$100.5M
Q2 24
$112.9M
Q1 24
$109.7M
Total Debt
GRNT
GRNT
PRLB
PRLB
Q4 25
$367.8M
Q3 25
$300.0M
Q2 25
$275.0M
Q1 25
$250.0M
Q4 24
$205.0M
Q3 24
Q2 24
Q1 24
$137.5M
Stockholders' Equity
GRNT
GRNT
PRLB
PRLB
Q4 25
$605.8M
$673.9M
Q3 25
$643.9M
$664.7M
Q2 25
$642.5M
$664.7M
Q1 25
$631.4M
$656.8M
Q4 24
$635.4M
$670.2M
Q3 24
$660.6M
$680.0M
Q2 24
$665.3M
$685.2M
Q1 24
$674.0M
$687.3M
Total Assets
GRNT
GRNT
PRLB
PRLB
Q4 25
$1.2B
$763.4M
Q3 25
$1.1B
$756.9M
Q2 25
$1.1B
$743.3M
Q1 25
$1.1B
$737.5M
Q4 24
$1.0B
$743.5M
Q3 24
$1.0B
$753.8M
Q2 24
$990.5M
$758.2M
Q1 24
$966.7M
$769.8M
Debt / Equity
GRNT
GRNT
PRLB
PRLB
Q4 25
0.61×
Q3 25
0.47×
Q2 25
0.43×
Q1 25
0.40×
Q4 24
0.32×
Q3 24
Q2 24
Q1 24
0.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRNT
GRNT
PRLB
PRLB
Operating Cash FlowLast quarter
$64.5M
$16.5M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
PRLB
PRLB
Q4 25
$64.5M
$16.5M
Q3 25
$77.8M
$29.1M
Q2 25
$78.0M
$10.6M
Q1 25
$76.1M
$18.4M
Q4 24
$68.2M
$17.3M
Q3 24
$74.7M
$24.8M
Q2 24
$64.2M
$14.4M
Q1 24
$68.7M
$21.3M
Free Cash Flow
GRNT
GRNT
PRLB
PRLB
Q4 25
$8.4M
Q3 25
$25.0M
Q2 25
$9.1M
Q1 25
$17.1M
Q4 24
$16.5M
Q3 24
$23.2M
Q2 24
$10.2M
Q1 24
$18.8M
FCF Margin
GRNT
GRNT
PRLB
PRLB
Q4 25
6.2%
Q3 25
18.5%
Q2 25
6.7%
Q1 25
13.6%
Q4 24
13.5%
Q3 24
18.5%
Q2 24
8.2%
Q1 24
14.7%
Capex Intensity
GRNT
GRNT
PRLB
PRLB
Q4 25
5.9%
Q3 25
3.0%
Q2 25
1.1%
Q1 25
1.0%
Q4 24
0.7%
Q3 24
1.2%
Q2 24
3.3%
Q1 24
2.0%
Cash Conversion
GRNT
GRNT
PRLB
PRLB
Q4 25
Q3 25
5.36×
4.03×
Q2 25
3.11×
2.39×
Q1 25
7.75×
5.11×
Q4 24
Q3 24
8.25×
3.44×
Q2 24
12.58×
3.18×
Q1 24
4.23×
4.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRNT
GRNT

Oil And Gas Service$87.6M83%
Natural Gas Storage$17.9M17%

PRLB
PRLB

CNC Machining Firstcut$65.5M48%
Injection Molding Protomold$47.6M35%
Three D Printing Fineline$18.8M14%
Sheet Metal$4.4M3%

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