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Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) 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 $93.7M, roughly 1.5× Ranpak Holdings Corp.). On growth, Proto Labs Inc posted the faster year-over-year revenue change (12.1% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 3.3%).

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

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...

PACK vs PRLB — Head-to-Head

Bigger by revenue
PRLB
PRLB
1.5× larger
PRLB
$136.5M
$93.7M
PACK
Growing faster (revenue YoY)
PRLB
PRLB
+9.8% gap
PRLB
12.1%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
3.3%
PRLB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
PRLB
PRLB
Revenue
$93.7M
$136.5M
Net Profit
Gross Margin
39.0%
44.2%
Operating Margin
-1.0%
5.0%
Net Margin
Revenue YoY
2.3%
12.1%
Net Profit YoY
EPS (diluted)
$-0.11
$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
PACK
PACK
PRLB
PRLB
Q4 25
$93.7M
$136.5M
Q3 25
$83.6M
$135.4M
Q2 25
$77.8M
$135.1M
Q1 25
$77.6M
$126.2M
Q4 24
$91.6M
$121.8M
Q3 24
$78.6M
$125.6M
Q2 24
$72.8M
$125.6M
Q1 24
$72.5M
$127.9M
Net Profit
PACK
PACK
PRLB
PRLB
Q4 25
Q3 25
$-10.4M
$7.2M
Q2 25
$-7.5M
$4.4M
Q1 25
$-10.9M
$3.6M
Q4 24
Q3 24
$-8.1M
$7.2M
Q2 24
$5.5M
$4.5M
Q1 24
$-8.1M
$5.3M
Gross Margin
PACK
PACK
PRLB
PRLB
Q4 25
39.0%
44.2%
Q3 25
41.1%
45.3%
Q2 25
37.1%
44.3%
Q1 25
39.8%
44.1%
Q4 24
45.2%
42.7%
Q3 24
43.8%
45.6%
Q2 24
43.5%
45.0%
Q1 24
44.6%
44.9%
Operating Margin
PACK
PACK
PRLB
PRLB
Q4 25
-1.0%
5.0%
Q3 25
-6.8%
6.5%
Q2 25
-12.5%
3.7%
Q1 25
-10.3%
3.6%
Q4 24
1.5%
-1.2%
Q3 24
-5.3%
6.8%
Q2 24
-7.1%
4.8%
Q1 24
-6.6%
5.3%
Net Margin
PACK
PACK
PRLB
PRLB
Q4 25
Q3 25
-12.4%
5.3%
Q2 25
-9.6%
3.3%
Q1 25
-14.0%
2.9%
Q4 24
Q3 24
-10.3%
5.7%
Q2 24
7.6%
3.6%
Q1 24
-11.2%
4.1%
EPS (diluted)
PACK
PACK
PRLB
PRLB
Q4 25
$-0.11
$0.25
Q3 25
$-0.12
$0.30
Q2 25
$-0.09
$0.18
Q1 25
$-0.13
$0.15
Q4 24
$-0.13
$-0.01
Q3 24
$-0.10
$0.29
Q2 24
$0.07
$0.18
Q1 24
$-0.10
$0.20

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$63.0M
$128.1M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$534.9M
$673.9M
Total Assets
$1.1B
$763.4M
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
PRLB
PRLB
Q4 25
$63.0M
$128.1M
Q3 25
$49.9M
$119.2M
Q2 25
$49.2M
$103.2M
Q1 25
$65.5M
$96.8M
Q4 24
$76.1M
$103.1M
Q3 24
$69.5M
$100.5M
Q2 24
$65.1M
$112.9M
Q1 24
$55.1M
$109.7M
Total Debt
PACK
PACK
PRLB
PRLB
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
PACK
PACK
PRLB
PRLB
Q4 25
$534.9M
$673.9M
Q3 25
$537.8M
$664.7M
Q2 25
$539.0M
$664.7M
Q1 25
$544.1M
$656.8M
Q4 24
$548.1M
$670.2M
Q3 24
$564.3M
$680.0M
Q2 24
$566.2M
$685.2M
Q1 24
$560.0M
$687.3M
Total Assets
PACK
PACK
PRLB
PRLB
Q4 25
$1.1B
$763.4M
Q3 25
$1.1B
$756.9M
Q2 25
$1.1B
$743.3M
Q1 25
$1.1B
$737.5M
Q4 24
$1.1B
$743.5M
Q3 24
$1.1B
$753.8M
Q2 24
$1.1B
$758.2M
Q1 24
$1.1B
$769.8M
Debt / Equity
PACK
PACK
PRLB
PRLB
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

Cash Flow & Capital Efficiency

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

Metric
PACK
PACK
PRLB
PRLB
Operating Cash FlowLast quarter
$19.5M
$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
PACK
PACK
PRLB
PRLB
Q4 25
$19.5M
$16.5M
Q3 25
$8.5M
$29.1M
Q2 25
$-3.6M
$10.6M
Q1 25
$-1.3M
$18.4M
Q4 24
$6.5M
$17.3M
Q3 24
$10.1M
$24.8M
Q2 24
$19.6M
$14.4M
Q1 24
$5.2M
$21.3M
Free Cash Flow
PACK
PACK
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
PACK
PACK
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
PACK
PACK
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
PACK
PACK
PRLB
PRLB
Q4 25
Q3 25
4.03×
Q2 25
2.39×
Q1 25
5.11×
Q4 24
Q3 24
3.44×
Q2 24
3.56×
3.18×
Q1 24
4.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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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