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

Riot Platforms, Inc. is the larger business by last-quarter revenue ($152.8M vs $136.5M, roughly 1.1× Proto Labs Inc). On growth, Proto Labs Inc posted the faster year-over-year revenue change (12.1% vs 7.2%). Proto Labs Inc produced more free cash flow last quarter ($8.4M vs $-774.3M). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% 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...

Riot Platforms, Inc. is a leading U.S.-based enterprise focused on Bitcoin mining, operating multiple large-scale, energy-efficient data centers across North America. It also invests in blockchain infrastructure development and holds Bitcoin as a core long-term reserve asset, centering its business strategy around the digital asset ecosystem.

PRLB vs RIOT — Head-to-Head

Bigger by revenue
RIOT
RIOT
1.1× larger
RIOT
$152.8M
$136.5M
PRLB
Growing faster (revenue YoY)
PRLB
PRLB
+4.9% gap
PRLB
12.1%
7.2%
RIOT
More free cash flow
PRLB
PRLB
$782.7M more FCF
PRLB
$8.4M
$-774.3M
RIOT
Faster 2-yr revenue CAGR
RIOT
RIOT
Annualised
RIOT
38.8%
3.3%
PRLB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRLB
PRLB
RIOT
RIOT
Revenue
$136.5M
$152.8M
Net Profit
$-690.7M
Gross Margin
44.2%
Operating Margin
5.0%
-447.9%
Net Margin
-452.0%
Revenue YoY
12.1%
7.2%
Net Profit YoY
-606.3%
EPS (diluted)
$0.25
$-1.89

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
RIOT
RIOT
Q4 25
$136.5M
$152.8M
Q3 25
$135.4M
$180.2M
Q2 25
$135.1M
$153.0M
Q1 25
$126.2M
$161.4M
Q4 24
$121.8M
$142.6M
Q3 24
$125.6M
$84.8M
Q2 24
$125.6M
$70.0M
Q1 24
$127.9M
$79.3M
Net Profit
PRLB
PRLB
RIOT
RIOT
Q4 25
$-690.7M
Q3 25
$7.2M
$104.5M
Q2 25
$4.4M
$219.5M
Q1 25
$3.6M
$-296.4M
Q4 24
$136.4M
Q3 24
$7.2M
$-154.4M
Q2 24
$4.5M
$-84.4M
Q1 24
$5.3M
$211.8M
Gross Margin
PRLB
PRLB
RIOT
RIOT
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
RIOT
RIOT
Q4 25
5.0%
-447.9%
Q3 25
6.5%
44.4%
Q2 25
3.7%
Q1 25
3.6%
-144.9%
Q4 24
-1.2%
Q3 24
6.8%
-143.3%
Q2 24
4.8%
-167.2%
Q1 24
5.3%
Net Margin
PRLB
PRLB
RIOT
RIOT
Q4 25
-452.0%
Q3 25
5.3%
58.0%
Q2 25
3.3%
143.4%
Q1 25
2.9%
-183.6%
Q4 24
95.7%
Q3 24
5.7%
-182.1%
Q2 24
3.6%
-120.6%
Q1 24
4.1%
267.1%
EPS (diluted)
PRLB
PRLB
RIOT
RIOT
Q4 25
$0.25
$-1.89
Q3 25
$0.30
$0.26
Q2 25
$0.18
$0.58
Q1 25
$0.15
$-0.90
Q4 24
$-0.01
$0.39
Q3 24
$0.29
$-0.54
Q2 24
$0.18
$-0.32
Q1 24
$0.20
$0.51

Balance Sheet & Financial Strength

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

Metric
PRLB
PRLB
RIOT
RIOT
Cash + ST InvestmentsLiquidity on hand
$128.1M
$233.5M
Total DebtLower is stronger
$840.8M
Stockholders' EquityBook value
$673.9M
$2.9B
Total Assets
$763.4M
$3.9B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRLB
PRLB
RIOT
RIOT
Q4 25
$128.1M
$233.5M
Q3 25
$119.2M
$330.7M
Q2 25
$103.2M
$255.4M
Q1 25
$96.8M
$163.7M
Q4 24
$103.1M
$277.9M
Q3 24
$100.5M
$355.7M
Q2 24
$112.9M
$481.2M
Q1 24
$109.7M
$688.5M
Total Debt
PRLB
PRLB
RIOT
RIOT
Q4 25
$840.8M
Q3 25
$5.3M
Q2 25
$5.3M
Q1 25
$5.3M
Q4 24
$584.6M
Q3 24
$5.7M
Q2 24
Q1 24
Stockholders' Equity
PRLB
PRLB
RIOT
RIOT
Q4 25
$673.9M
$2.9B
Q3 25
$664.7M
$3.5B
Q2 25
$664.7M
$3.3B
Q1 25
$656.8M
$2.9B
Q4 24
$670.2M
$3.1B
Q3 24
$680.0M
$2.7B
Q2 24
$685.2M
$2.6B
Q1 24
$687.3M
$2.5B
Total Assets
PRLB
PRLB
RIOT
RIOT
Q4 25
$763.4M
$3.9B
Q3 25
$756.9M
$4.5B
Q2 25
$743.3M
$4.3B
Q1 25
$737.5M
$3.7B
Q4 24
$743.5M
$3.9B
Q3 24
$753.8M
$2.9B
Q2 24
$758.2M
$2.7B
Q1 24
$769.8M
$2.6B
Debt / Equity
PRLB
PRLB
RIOT
RIOT
Q4 25
0.29×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.19×
Q3 24
0.00×
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
RIOT
RIOT
Operating Cash FlowLast quarter
$16.5M
$-572.9M
Free Cash FlowOCF − Capex
$8.4M
$-774.3M
FCF MarginFCF / Revenue
6.2%
-506.6%
Capex IntensityCapex / Revenue
5.9%
131.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.7M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRLB
PRLB
RIOT
RIOT
Q4 25
$16.5M
$-572.9M
Q3 25
$29.1M
$-114.0M
Q2 25
$10.6M
$-231.3M
Q1 25
$18.4M
$-122.1M
Q4 24
$17.3M
$-255.1M
Q3 24
$24.8M
$-56.3M
Q2 24
$14.4M
$-42.5M
Q1 24
$21.3M
$-57.9M
Free Cash Flow
PRLB
PRLB
RIOT
RIOT
Q4 25
$8.4M
$-774.3M
Q3 25
$25.0M
$-139.7M
Q2 25
$9.1M
$-291.7M
Q1 25
$17.1M
$-154.9M
Q4 24
$16.5M
$-495.4M
Q3 24
$23.2M
$-127.6M
Q2 24
$10.2M
$-96.1M
Q1 24
$18.8M
$-115.2M
FCF Margin
PRLB
PRLB
RIOT
RIOT
Q4 25
6.2%
-506.6%
Q3 25
18.5%
-77.5%
Q2 25
6.7%
-190.7%
Q1 25
13.6%
-96.0%
Q4 24
13.5%
-347.5%
Q3 24
18.5%
-150.5%
Q2 24
8.2%
-137.2%
Q1 24
14.7%
-145.2%
Capex Intensity
PRLB
PRLB
RIOT
RIOT
Q4 25
5.9%
131.8%
Q3 25
3.0%
14.3%
Q2 25
1.1%
39.5%
Q1 25
1.0%
20.4%
Q4 24
0.7%
168.6%
Q3 24
1.2%
84.1%
Q2 24
3.3%
76.5%
Q1 24
2.0%
72.3%
Cash Conversion
PRLB
PRLB
RIOT
RIOT
Q4 25
Q3 25
4.03×
-1.09×
Q2 25
2.39×
-1.05×
Q1 25
5.11×
Q4 24
-1.87×
Q3 24
3.44×
Q2 24
3.18×
Q1 24
4.05×
-0.27×

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%

RIOT
RIOT

Bitcoin Mining Segment$131.7M86%
Engineering Segment$21.1M14%

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