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Side-by-side financial comparison of Proto Labs Inc (PRLB) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

Proto Labs Inc is the larger business by last-quarter revenue ($136.5M vs $77.7M, roughly 1.8× Prairie Operating Co.). Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 3.3%).

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...

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

PRLB vs PROP — Head-to-Head

Bigger by revenue
PRLB
PRLB
1.8× larger
PRLB
$136.5M
$77.7M
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
3.3%
PRLB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PRLB
PRLB
PROP
PROP
Revenue
$136.5M
$77.7M
Net Profit
$1.3M
Gross Margin
44.2%
Operating Margin
5.0%
34.8%
Net Margin
1.7%
Revenue YoY
12.1%
Net Profit YoY
111.3%
EPS (diluted)
$0.25
$-0.44

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
PRLB
PRLB
PROP
PROP
Q4 25
$136.5M
Q3 25
$135.4M
$77.7M
Q2 25
$135.1M
$68.1M
Q1 25
$126.2M
$13.6M
Q4 24
$121.8M
Q3 24
$125.6M
$0
Q2 24
$125.6M
Q1 24
$127.9M
Net Profit
PRLB
PRLB
PROP
PROP
Q4 25
Q3 25
$7.2M
$1.3M
Q2 25
$4.4M
$35.7M
Q1 25
$3.6M
$-2.6M
Q4 24
Q3 24
$7.2M
$-11.4M
Q2 24
$4.5M
Q1 24
$5.3M
Gross Margin
PRLB
PRLB
PROP
PROP
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
PRLB
PRLB
PROP
PROP
Q4 25
5.0%
Q3 25
6.5%
34.8%
Q2 25
3.7%
27.8%
Q1 25
3.6%
12.9%
Q4 24
-1.2%
Q3 24
6.8%
Q2 24
4.8%
Q1 24
5.3%
Net Margin
PRLB
PRLB
PROP
PROP
Q4 25
Q3 25
5.3%
1.7%
Q2 25
3.3%
52.4%
Q1 25
2.9%
-19.3%
Q4 24
Q3 24
5.7%
Q2 24
3.6%
Q1 24
4.1%
EPS (diluted)
PRLB
PRLB
PROP
PROP
Q4 25
$0.25
Q3 25
$0.30
$-0.44
Q2 25
$0.18
$0.18
Q1 25
$0.15
$-3.49
Q4 24
$-0.01
Q3 24
$0.29
$-0.68
Q2 24
$0.18
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
PRLB
PRLB
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$128.1M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$673.9M
$101.8M
Total Assets
$763.4M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRLB
PRLB
PROP
PROP
Q4 25
$128.1M
Q3 25
$119.2M
$10.6M
Q2 25
$103.2M
$10.7M
Q1 25
$96.8M
$15.0M
Q4 24
$103.1M
Q3 24
$100.5M
$40.1M
Q2 24
$112.9M
Q1 24
$109.7M
Total Debt
PRLB
PRLB
PROP
PROP
Q4 25
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PRLB
PRLB
PROP
PROP
Q4 25
$673.9M
Q3 25
$664.7M
$101.8M
Q2 25
$664.7M
$94.2M
Q1 25
$656.8M
$34.0M
Q4 24
$670.2M
Q3 24
$680.0M
$61.3M
Q2 24
$685.2M
Q1 24
$687.3M
Total Assets
PRLB
PRLB
PROP
PROP
Q4 25
$763.4M
Q3 25
$756.9M
$939.8M
Q2 25
$743.3M
$858.5M
Q1 25
$737.5M
$775.4M
Q4 24
$743.5M
Q3 24
$753.8M
$107.2M
Q2 24
$758.2M
Q1 24
$769.8M
Debt / Equity
PRLB
PRLB
PROP
PROP
Q4 25
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
PRLB
PRLB
PROP
PROP
Operating Cash FlowLast quarter
$16.5M
$57.7M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters
$59.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRLB
PRLB
PROP
PROP
Q4 25
$16.5M
Q3 25
$29.1M
$57.7M
Q2 25
$10.6M
$-7.2M
Q1 25
$18.4M
$16.9M
Q4 24
$17.3M
Q3 24
$24.8M
$2.8M
Q2 24
$14.4M
Q1 24
$21.3M
Free Cash Flow
PRLB
PRLB
PROP
PROP
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
PRLB
PRLB
PROP
PROP
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
PRLB
PRLB
PROP
PROP
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
PRLB
PRLB
PROP
PROP
Q4 25
Q3 25
4.03×
44.80×
Q2 25
2.39×
-0.20×
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

PRLB
PRLB

CNC Machining Firstcut$65.5M48%
Injection Molding Protomold$47.6M35%
Three D Printing Fineline$18.8M14%
Sheet Metal$4.4M3%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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