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

NNN REIT, INC. is the larger business by last-quarter revenue ($240.4M vs $139.3M, roughly 1.7× Proto Labs Inc). NNN REIT, INC. runs the higher net margin — 39.1% vs 5.8%, a 33.3% gap on every dollar of revenue. On growth, Proto Labs Inc posted the faster year-over-year revenue change (10.4% vs 4.1%). Over the past eight quarters, Proto Labs Inc's revenue compounded faster (5.3% CAGR vs 5.3%).

NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.

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...

NNN vs PRLB — Head-to-Head

Bigger by revenue
NNN
NNN
1.7× larger
NNN
$240.4M
$139.3M
PRLB
Growing faster (revenue YoY)
PRLB
PRLB
+6.3% gap
PRLB
10.4%
4.1%
NNN
Higher net margin
NNN
NNN
33.3% more per $
NNN
39.1%
5.8%
PRLB
Faster 2-yr revenue CAGR
PRLB
PRLB
Annualised
PRLB
5.3%
5.3%
NNN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NNN
NNN
PRLB
PRLB
Revenue
$240.4M
$139.3M
Net Profit
$94.0M
$8.1M
Gross Margin
45.6%
Operating Margin
61.0%
7.1%
Net Margin
39.1%
5.8%
Revenue YoY
4.1%
10.4%
Net Profit YoY
-2.6%
125.4%
EPS (diluted)
$0.50
$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
NNN
NNN
PRLB
PRLB
Q1 26
$240.4M
$139.3M
Q4 25
$238.4M
$136.5M
Q3 25
$230.2M
$135.4M
Q2 25
$226.8M
$135.1M
Q1 25
$230.9M
$126.2M
Q4 24
$218.5M
$121.8M
Q3 24
$218.6M
$125.6M
Q2 24
$216.8M
$125.6M
Net Profit
NNN
NNN
PRLB
PRLB
Q1 26
$94.0M
$8.1M
Q4 25
$96.0M
Q3 25
$96.8M
$7.2M
Q2 25
$100.5M
$4.4M
Q1 25
$96.5M
$3.6M
Q4 24
$97.9M
Q3 24
$97.9M
$7.2M
Q2 24
$106.7M
$4.5M
Gross Margin
NNN
NNN
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
NNN
NNN
PRLB
PRLB
Q1 26
61.0%
7.1%
Q4 25
62.3%
5.0%
Q3 25
64.0%
6.5%
Q2 25
66.0%
3.7%
Q1 25
62.3%
3.6%
Q4 24
65.8%
-1.2%
Q3 24
65.7%
6.8%
Q2 24
70.2%
4.8%
Net Margin
NNN
NNN
PRLB
PRLB
Q1 26
39.1%
5.8%
Q4 25
40.2%
Q3 25
42.1%
5.3%
Q2 25
44.3%
3.3%
Q1 25
41.8%
2.9%
Q4 24
44.8%
Q3 24
44.8%
5.7%
Q2 24
49.2%
3.6%
EPS (diluted)
NNN
NNN
PRLB
PRLB
Q1 26
$0.50
$0.29
Q4 25
$0.51
$0.25
Q3 25
$0.51
$0.30
Q2 25
$0.54
$0.18
Q1 25
$0.51
$0.15
Q4 24
$0.52
$-0.01
Q3 24
$0.53
$0.29
Q2 24
$0.58
$0.18

Balance Sheet & Financial Strength

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

Metric
NNN
NNN
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$4.6M
$124.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4B
$683.1M
Total Assets
$9.4B
$778.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NNN
NNN
PRLB
PRLB
Q1 26
$4.6M
$124.0M
Q4 25
$5.0M
$128.1M
Q3 25
$157.9M
$119.2M
Q2 25
$6.0M
$103.2M
Q1 25
$5.1M
$96.8M
Q4 24
$8.7M
$103.1M
Q3 24
$173.5M
$100.5M
Q2 24
$2.1M
$112.9M
Stockholders' Equity
NNN
NNN
PRLB
PRLB
Q1 26
$4.4B
$683.1M
Q4 25
$4.4B
$673.9M
Q3 25
$4.4B
$664.7M
Q2 25
$4.4B
$664.7M
Q1 25
$4.4B
$656.8M
Q4 24
$4.4B
$670.2M
Q3 24
$4.4B
$680.0M
Q2 24
$4.2B
$685.2M
Total Assets
NNN
NNN
PRLB
PRLB
Q1 26
$9.4B
$778.6M
Q4 25
$9.4B
$763.4M
Q3 25
$9.5B
$756.9M
Q2 25
$9.1B
$743.3M
Q1 25
$9.0B
$737.5M
Q4 24
$8.9B
$743.5M
Q3 24
$8.9B
$753.8M
Q2 24
$8.7B
$758.2M

Cash Flow & Capital Efficiency

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

Metric
NNN
NNN
PRLB
PRLB
Operating Cash FlowLast quarter
$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
NNN
NNN
PRLB
PRLB
Q1 26
$17.5M
Q4 25
$667.1M
$16.5M
Q3 25
$218.3M
$29.1M
Q2 25
$119.4M
$10.6M
Q1 25
$203.3M
$18.4M
Q4 24
$635.5M
$17.3M
Q3 24
$206.6M
$24.8M
Q2 24
$120.5M
$14.4M
Free Cash Flow
NNN
NNN
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
NNN
NNN
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
NNN
NNN
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
NNN
NNN
PRLB
PRLB
Q1 26
2.16×
Q4 25
6.95×
Q3 25
2.25×
4.03×
Q2 25
1.19×
2.39×
Q1 25
2.11×
5.11×
Q4 24
6.49×
Q3 24
2.11×
3.44×
Q2 24
1.13×
3.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NNN
NNN

Segment breakdown not available.

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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