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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and Proto Labs Inc (PRLB). Click either name above to swap in a different company.

HighPeak Energy, Inc. is the larger business by last-quarter revenue ($216.6M vs $139.3M, roughly 1.6× Proto Labs Inc). Proto Labs Inc runs the higher net margin — 5.8% vs -11.6%, a 17.5% gap on every dollar of revenue. On growth, Proto Labs Inc posted the faster year-over-year revenue change (10.4% vs -23.3%). Over the past eight quarters, Proto Labs Inc's revenue compounded faster (5.3% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

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...

HPK vs PRLB — Head-to-Head

Bigger by revenue
HPK
HPK
1.6× larger
HPK
$216.6M
$139.3M
PRLB
Growing faster (revenue YoY)
PRLB
PRLB
+33.7% gap
PRLB
10.4%
-23.3%
HPK
Higher net margin
PRLB
PRLB
17.5% more per $
PRLB
5.8%
-11.6%
HPK
Faster 2-yr revenue CAGR
PRLB
PRLB
Annualised
PRLB
5.3%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HPK
HPK
PRLB
PRLB
Revenue
$216.6M
$139.3M
Net Profit
$-25.2M
$8.1M
Gross Margin
45.6%
Operating Margin
-7.6%
7.1%
Net Margin
-11.6%
5.8%
Revenue YoY
-23.3%
10.4%
Net Profit YoY
-380.7%
125.4%
EPS (diluted)
$-0.16
$0.29

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
HPK
HPK
PRLB
PRLB
Q1 26
$139.3M
Q4 25
$216.6M
$136.5M
Q3 25
$188.9M
$135.4M
Q2 25
$200.4M
$135.1M
Q1 25
$257.4M
$126.2M
Q4 24
$282.6M
$121.8M
Q3 24
$271.6M
$125.6M
Q2 24
$275.3M
$125.6M
Net Profit
HPK
HPK
PRLB
PRLB
Q1 26
$8.1M
Q4 25
$-25.2M
Q3 25
$-18.3M
$7.2M
Q2 25
$26.2M
$4.4M
Q1 25
$36.3M
$3.6M
Q4 24
$9.0M
Q3 24
$49.9M
$7.2M
Q2 24
$29.7M
$4.5M
Gross Margin
HPK
HPK
PRLB
PRLB
Q1 26
45.6%
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%
Operating Margin
HPK
HPK
PRLB
PRLB
Q1 26
7.1%
Q4 25
-7.6%
5.0%
Q3 25
17.3%
6.5%
Q2 25
21.7%
3.7%
Q1 25
35.1%
3.6%
Q4 24
26.1%
-1.2%
Q3 24
27.0%
6.8%
Q2 24
31.7%
4.8%
Net Margin
HPK
HPK
PRLB
PRLB
Q1 26
5.8%
Q4 25
-11.6%
Q3 25
-9.7%
5.3%
Q2 25
13.1%
3.3%
Q1 25
14.1%
2.9%
Q4 24
3.2%
Q3 24
18.4%
5.7%
Q2 24
10.8%
3.6%
EPS (diluted)
HPK
HPK
PRLB
PRLB
Q1 26
$0.29
Q4 25
$-0.16
$0.25
Q3 25
$-0.15
$0.30
Q2 25
$0.19
$0.18
Q1 25
$0.26
$0.15
Q4 24
$0.06
$-0.01
Q3 24
$0.35
$0.29
Q2 24
$0.21
$0.18

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$162.1M
$124.0M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$683.1M
Total Assets
$3.2B
$778.6M
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
PRLB
PRLB
Q1 26
$124.0M
Q4 25
$162.1M
$128.1M
Q3 25
$164.9M
$119.2M
Q2 25
$21.9M
$103.2M
Q1 25
$51.6M
$96.8M
Q4 24
$86.6M
$103.1M
Q3 24
$135.6M
$100.5M
Q2 24
$157.9M
$112.9M
Total Debt
HPK
HPK
PRLB
PRLB
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
HPK
HPK
PRLB
PRLB
Q1 26
$683.1M
Q4 25
$1.6B
$673.9M
Q3 25
$1.6B
$664.7M
Q2 25
$1.7B
$664.7M
Q1 25
$1.6B
$656.8M
Q4 24
$1.6B
$670.2M
Q3 24
$1.6B
$680.0M
Q2 24
$1.6B
$685.2M
Total Assets
HPK
HPK
PRLB
PRLB
Q1 26
$778.6M
Q4 25
$3.2B
$763.4M
Q3 25
$3.2B
$756.9M
Q2 25
$3.1B
$743.3M
Q1 25
$3.1B
$737.5M
Q4 24
$3.1B
$743.5M
Q3 24
$3.1B
$753.8M
Q2 24
$3.1B
$758.2M
Debt / Equity
HPK
HPK
PRLB
PRLB
Q1 26
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
HPK
HPK
PRLB
PRLB
Operating Cash FlowLast quarter
$93.1M
$17.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPK
HPK
PRLB
PRLB
Q1 26
$17.5M
Q4 25
$93.1M
$16.5M
Q3 25
$120.2M
$29.1M
Q2 25
$141.2M
$10.6M
Q1 25
$157.1M
$18.4M
Q4 24
$139.5M
$17.3M
Q3 24
$177.1M
$24.8M
Q2 24
$202.3M
$14.4M
Free Cash Flow
HPK
HPK
PRLB
PRLB
Q1 26
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
FCF Margin
HPK
HPK
PRLB
PRLB
Q1 26
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%
Capex Intensity
HPK
HPK
PRLB
PRLB
Q1 26
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%
Cash Conversion
HPK
HPK
PRLB
PRLB
Q1 26
2.16×
Q4 25
Q3 25
4.03×
Q2 25
5.39×
2.39×
Q1 25
4.32×
5.11×
Q4 24
15.53×
Q3 24
3.55×
3.44×
Q2 24
6.81×
3.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

PRLB
PRLB

CNC Machining$63.2M45%
Injection Molding$51.1M37%
3D Printing$20.5M15%
Sheet Metal$4.4M3%
Other Revenue$207.0K0%

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