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

Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $136.5M, roughly 1.9× Proto Labs Inc). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 12.1%). Palomar Holdings, Inc. produced more free cash flow last quarter ($409.0M vs $8.4M). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 3.3%).

Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.

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...

PLMR vs PRLB — Head-to-Head

Bigger by revenue
PLMR
PLMR
1.9× larger
PLMR
$253.4M
$136.5M
PRLB
Growing faster (revenue YoY)
PLMR
PLMR
+50.6% gap
PLMR
62.7%
12.1%
PRLB
More free cash flow
PLMR
PLMR
$400.6M more FCF
PLMR
$409.0M
$8.4M
PRLB
Faster 2-yr revenue CAGR
PLMR
PLMR
Annualised
PLMR
46.2%
3.3%
PRLB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PLMR
PLMR
PRLB
PRLB
Revenue
$253.4M
$136.5M
Net Profit
Gross Margin
44.2%
Operating Margin
28.7%
5.0%
Net Margin
Revenue YoY
62.7%
12.1%
Net Profit YoY
EPS (diluted)
$2.05
$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
PLMR
PLMR
PRLB
PRLB
Q4 25
$253.4M
$136.5M
Q3 25
$244.7M
$135.4M
Q2 25
$203.3M
$135.1M
Q1 25
$174.6M
$126.2M
Q4 24
$155.8M
$121.8M
Q3 24
$148.5M
$125.6M
Q2 24
$131.1M
$125.6M
Q1 24
$118.5M
$127.9M
Net Profit
PLMR
PLMR
PRLB
PRLB
Q4 25
Q3 25
$51.5M
$7.2M
Q2 25
$46.5M
$4.4M
Q1 25
$42.9M
$3.6M
Q4 24
Q3 24
$30.5M
$7.2M
Q2 24
$25.7M
$4.5M
Q1 24
$26.4M
$5.3M
Gross Margin
PLMR
PLMR
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
PLMR
PLMR
PRLB
PRLB
Q4 25
28.7%
5.0%
Q3 25
27.4%
6.5%
Q2 25
29.5%
3.7%
Q1 25
30.8%
3.6%
Q4 24
28.9%
-1.2%
Q3 24
25.9%
6.8%
Q2 24
25.5%
4.8%
Q1 24
29.0%
5.3%
Net Margin
PLMR
PLMR
PRLB
PRLB
Q4 25
Q3 25
21.0%
5.3%
Q2 25
22.9%
3.3%
Q1 25
24.6%
2.9%
Q4 24
Q3 24
20.5%
5.7%
Q2 24
19.6%
3.6%
Q1 24
22.3%
4.1%
EPS (diluted)
PLMR
PLMR
PRLB
PRLB
Q4 25
$2.05
$0.25
Q3 25
$1.87
$0.30
Q2 25
$1.68
$0.18
Q1 25
$1.57
$0.15
Q4 24
$1.29
$-0.01
Q3 24
$1.15
$0.29
Q2 24
$1.00
$0.18
Q1 24
$1.04
$0.20

Balance Sheet & Financial Strength

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

Metric
PLMR
PLMR
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$106.9M
$128.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$942.7M
$673.9M
Total Assets
$3.1B
$763.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLMR
PLMR
PRLB
PRLB
Q4 25
$106.9M
$128.1M
Q3 25
$111.7M
$119.2M
Q2 25
$81.3M
$103.2M
Q1 25
$119.3M
$96.8M
Q4 24
$80.4M
$103.1M
Q3 24
$86.5M
$100.5M
Q2 24
$47.8M
$112.9M
Q1 24
$61.4M
$109.7M
Stockholders' Equity
PLMR
PLMR
PRLB
PRLB
Q4 25
$942.7M
$673.9M
Q3 25
$878.1M
$664.7M
Q2 25
$847.2M
$664.7M
Q1 25
$790.4M
$656.8M
Q4 24
$729.0M
$670.2M
Q3 24
$703.3M
$680.0M
Q2 24
$532.6M
$685.2M
Q1 24
$501.7M
$687.3M
Total Assets
PLMR
PLMR
PRLB
PRLB
Q4 25
$3.1B
$763.4M
Q3 25
$2.9B
$756.9M
Q2 25
$2.8B
$743.3M
Q1 25
$2.4B
$737.5M
Q4 24
$2.3B
$743.5M
Q3 24
$2.3B
$753.8M
Q2 24
$2.0B
$758.2M
Q1 24
$1.9B
$769.8M

Cash Flow & Capital Efficiency

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

Metric
PLMR
PLMR
PRLB
PRLB
Operating Cash FlowLast quarter
$409.1M
$16.5M
Free Cash FlowOCF − Capex
$409.0M
$8.4M
FCF MarginFCF / Revenue
161.4%
6.2%
Capex IntensityCapex / Revenue
0.1%
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$700.6M
$59.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLMR
PLMR
PRLB
PRLB
Q4 25
$409.1M
$16.5M
Q3 25
$83.6M
$29.1M
Q2 25
$120.9M
$10.6M
Q1 25
$87.2M
$18.4M
Q4 24
$261.2M
$17.3M
Q3 24
$100.3M
$24.8M
Q2 24
$55.1M
$14.4M
Q1 24
$33.1M
$21.3M
Free Cash Flow
PLMR
PLMR
PRLB
PRLB
Q4 25
$409.0M
$8.4M
Q3 25
$83.6M
$25.0M
Q2 25
$120.8M
$9.1M
Q1 25
$87.1M
$17.1M
Q4 24
$260.9M
$16.5M
Q3 24
$100.1M
$23.2M
Q2 24
$10.2M
Q1 24
$18.8M
FCF Margin
PLMR
PLMR
PRLB
PRLB
Q4 25
161.4%
6.2%
Q3 25
34.2%
18.5%
Q2 25
59.4%
6.7%
Q1 25
49.9%
13.6%
Q4 24
167.5%
13.5%
Q3 24
67.4%
18.5%
Q2 24
8.2%
Q1 24
14.7%
Capex Intensity
PLMR
PLMR
PRLB
PRLB
Q4 25
0.1%
5.9%
Q3 25
0.0%
3.0%
Q2 25
0.0%
1.1%
Q1 25
0.0%
1.0%
Q4 24
0.2%
0.7%
Q3 24
0.1%
1.2%
Q2 24
0.0%
3.3%
Q1 24
0.0%
2.0%
Cash Conversion
PLMR
PLMR
PRLB
PRLB
Q4 25
Q3 25
1.63×
4.03×
Q2 25
2.60×
2.39×
Q1 25
2.03×
5.11×
Q4 24
Q3 24
3.29×
3.44×
Q2 24
2.14×
3.18×
Q1 24
1.26×
4.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PLMR
PLMR

Segment breakdown not available.

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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