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Side-by-side financial comparison of PagerDuty, Inc. (PD) 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 $124.5M, roughly 1.1× PagerDuty, Inc.). On growth, Proto Labs Inc posted the faster year-over-year revenue change (12.1% vs 4.7%). PagerDuty, Inc. produced more free cash flow last quarter ($24.1M vs $8.4M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs 3.3%).

PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.

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...

PD vs PRLB — Head-to-Head

Bigger by revenue
PRLB
PRLB
1.1× larger
PRLB
$136.5M
$124.5M
PD
Growing faster (revenue YoY)
PRLB
PRLB
+7.4% gap
PRLB
12.1%
4.7%
PD
More free cash flow
PD
PD
$15.7M more FCF
PD
$24.1M
$8.4M
PRLB
Faster 2-yr revenue CAGR
PD
PD
Annualised
PD
5.9%
3.3%
PRLB

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PD
PD
PRLB
PRLB
Revenue
$124.5M
$136.5M
Net Profit
$161.6M
Gross Margin
85.3%
44.2%
Operating Margin
6.5%
5.0%
Net Margin
129.7%
Revenue YoY
4.7%
12.1%
Net Profit YoY
2827.7%
EPS (diluted)
$1.69
$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
PD
PD
PRLB
PRLB
Q4 25
$124.5M
$136.5M
Q3 25
$123.4M
$135.4M
Q2 25
$119.8M
$135.1M
Q1 25
$121.4M
$126.2M
Q4 24
$118.9M
$121.8M
Q3 24
$115.9M
$125.6M
Q2 24
$111.2M
$125.6M
Q1 24
$111.1M
$127.9M
Net Profit
PD
PD
PRLB
PRLB
Q4 25
$161.6M
Q3 25
$9.6M
$7.2M
Q2 25
$-7.2M
$4.4M
Q1 25
$-8.8M
$3.6M
Q4 24
$-5.9M
Q3 24
$-10.9M
$7.2M
Q2 24
$-17.1M
$4.5M
Q1 24
$-28.2M
$5.3M
Gross Margin
PD
PD
PRLB
PRLB
Q4 25
85.3%
44.2%
Q3 25
84.6%
45.3%
Q2 25
84.0%
44.3%
Q1 25
83.6%
44.1%
Q4 24
83.0%
42.7%
Q3 24
82.7%
45.6%
Q2 24
82.6%
45.0%
Q1 24
81.7%
44.9%
Operating Margin
PD
PD
PRLB
PRLB
Q4 25
6.5%
5.0%
Q3 25
2.9%
6.5%
Q2 25
-8.6%
3.7%
Q1 25
-9.6%
3.6%
Q4 24
-8.7%
-1.2%
Q3 24
-13.8%
6.8%
Q2 24
-19.5%
4.8%
Q1 24
-30.1%
5.3%
Net Margin
PD
PD
PRLB
PRLB
Q4 25
129.7%
Q3 25
7.8%
5.3%
Q2 25
-6.0%
3.3%
Q1 25
-7.2%
2.9%
Q4 24
-5.0%
Q3 24
-9.4%
5.7%
Q2 24
-15.4%
3.6%
Q1 24
-25.3%
4.1%
EPS (diluted)
PD
PD
PRLB
PRLB
Q4 25
$1.69
$0.25
Q3 25
$0.10
$0.30
Q2 25
$-0.07
$0.18
Q1 25
$-0.12
$0.15
Q4 24
$-0.07
$-0.01
Q3 24
$-0.14
$0.29
Q2 24
$-0.26
$0.18
Q1 24
$-0.34
$0.20

Balance Sheet & Financial Strength

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

Metric
PD
PD
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$547.8M
$128.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$320.5M
$673.9M
Total Assets
$1.0B
$763.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PD
PD
PRLB
PRLB
Q4 25
$547.8M
$128.1M
Q3 25
$567.9M
$119.2M
Q2 25
$597.1M
$103.2M
Q1 25
$570.8M
$96.8M
Q4 24
$542.2M
$103.1M
Q3 24
$599.3M
$100.5M
Q2 24
$592.8M
$112.9M
Q1 24
$571.2M
$109.7M
Total Debt
PD
PD
PRLB
PRLB
Q4 25
Q3 25
Q2 25
Q1 25
$484.5M
Q4 24
Q3 24
Q2 24
Q1 24
$489.5M
Stockholders' Equity
PD
PD
PRLB
PRLB
Q4 25
$320.5M
$673.9M
Q3 25
$180.7M
$664.7M
Q2 25
$145.7M
$664.7M
Q1 25
$129.8M
$656.8M
Q4 24
$111.6M
$670.2M
Q3 24
$164.7M
$680.0M
Q2 24
$174.0M
$685.2M
Q1 24
$171.6M
$687.3M
Total Assets
PD
PD
PRLB
PRLB
Q4 25
$1.0B
$763.4M
Q3 25
$891.5M
$756.9M
Q2 25
$926.8M
$743.3M
Q1 25
$927.3M
$737.5M
Q4 24
$866.8M
$743.5M
Q3 24
$916.0M
$753.8M
Q2 24
$924.0M
$758.2M
Q1 24
$925.3M
$769.8M
Debt / Equity
PD
PD
PRLB
PRLB
Q4 25
Q3 25
Q2 25
Q1 25
3.73×
Q4 24
Q3 24
Q2 24
Q1 24
2.85×

Cash Flow & Capital Efficiency

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

Metric
PD
PD
PRLB
PRLB
Operating Cash FlowLast quarter
$24.8M
$16.5M
Free Cash FlowOCF − Capex
$24.1M
$8.4M
FCF MarginFCF / Revenue
19.3%
6.2%
Capex IntensityCapex / Revenue
0.6%
5.9%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters
$117.6M
$59.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PD
PD
PRLB
PRLB
Q4 25
$24.8M
$16.5M
Q3 25
$34.0M
$29.1M
Q2 25
$30.7M
$10.6M
Q1 25
$31.4M
$18.4M
Q4 24
$22.1M
$17.3M
Q3 24
$35.8M
$24.8M
Q2 24
$28.6M
$14.4M
Q1 24
$22.2M
$21.3M
Free Cash Flow
PD
PD
PRLB
PRLB
Q4 25
$24.1M
$8.4M
Q3 25
$33.1M
$25.0M
Q2 25
$30.2M
$9.1M
Q1 25
$30.3M
$17.1M
Q4 24
$21.5M
$16.5M
Q3 24
$35.1M
$23.2M
Q2 24
$28.2M
$10.2M
Q1 24
$21.2M
$18.8M
FCF Margin
PD
PD
PRLB
PRLB
Q4 25
19.3%
6.2%
Q3 25
26.8%
18.5%
Q2 25
25.2%
6.7%
Q1 25
24.9%
13.6%
Q4 24
18.1%
13.5%
Q3 24
30.3%
18.5%
Q2 24
25.4%
8.2%
Q1 24
19.1%
14.7%
Capex Intensity
PD
PD
PRLB
PRLB
Q4 25
0.6%
5.9%
Q3 25
0.7%
3.0%
Q2 25
0.4%
1.1%
Q1 25
0.9%
1.0%
Q4 24
0.5%
0.7%
Q3 24
0.5%
1.2%
Q2 24
0.4%
3.3%
Q1 24
0.9%
2.0%
Cash Conversion
PD
PD
PRLB
PRLB
Q4 25
0.15×
Q3 25
3.55×
4.03×
Q2 25
2.39×
Q1 25
5.11×
Q4 24
Q3 24
3.44×
Q2 24
3.18×
Q1 24
4.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PD
PD

US$88.8M71%
Non Us$35.7M29%

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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