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Side-by-side financial comparison of Proto Labs Inc (PRLB) and VALMONT INDUSTRIES INC (VMI). Click either name above to swap in a different company.

VALMONT INDUSTRIES INC is the larger business by last-quarter revenue ($1.0B vs $136.5M, roughly 7.5× Proto Labs Inc). On growth, Proto Labs Inc posted the faster year-over-year revenue change (12.1% vs 6.2%). Over the past eight quarters, Proto Labs Inc's revenue compounded faster (3.3% CAGR vs -0.5%).

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...

Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.

PRLB vs VMI — Head-to-Head

Bigger by revenue
VMI
VMI
7.5× larger
VMI
$1.0B
$136.5M
PRLB
Growing faster (revenue YoY)
PRLB
PRLB
+5.9% gap
PRLB
12.1%
6.2%
VMI
Faster 2-yr revenue CAGR
PRLB
PRLB
Annualised
PRLB
3.3%
-0.5%
VMI

Income Statement — Q4 2025 vs Q1 2026

Metric
PRLB
PRLB
VMI
VMI
Revenue
$136.5M
$1.0B
Net Profit
$108.0M
Gross Margin
44.2%
30.8%
Operating Margin
5.0%
15.1%
Net Margin
10.5%
Revenue YoY
12.1%
6.2%
Net Profit YoY
23.8%
EPS (diluted)
$0.25
$5.51

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
VMI
VMI
Q1 26
$1.0B
Q4 25
$136.5M
$1.0B
Q3 25
$135.4M
$1.0B
Q2 25
$135.1M
$1.1B
Q1 25
$126.2M
$969.3M
Q4 24
$121.8M
$1.0B
Q3 24
$125.6M
$1.0B
Q2 24
$125.6M
$1.0B
Net Profit
PRLB
PRLB
VMI
VMI
Q1 26
$108.0M
Q4 25
$168.0M
Q3 25
$7.2M
$99.0M
Q2 25
$4.4M
$-4.0M
Q1 25
$3.6M
$87.3M
Q4 24
$77.7M
Q3 24
$7.2M
$83.1M
Q2 24
$4.5M
$99.7M
Gross Margin
PRLB
PRLB
VMI
VMI
Q1 26
30.8%
Q4 25
44.2%
29.8%
Q3 25
45.3%
30.4%
Q2 25
44.3%
30.6%
Q1 25
44.1%
30.0%
Q4 24
42.7%
30.2%
Q3 24
45.6%
29.6%
Q2 24
45.0%
30.8%
Operating Margin
PRLB
PRLB
VMI
VMI
Q1 26
15.1%
Q4 25
5.0%
11.2%
Q3 25
6.5%
13.5%
Q2 25
3.7%
2.8%
Q1 25
3.6%
13.2%
Q4 24
-1.2%
11.6%
Q3 24
6.8%
12.3%
Q2 24
4.8%
14.2%
Net Margin
PRLB
PRLB
VMI
VMI
Q1 26
10.5%
Q4 25
16.2%
Q3 25
5.3%
9.5%
Q2 25
3.3%
-0.4%
Q1 25
2.9%
9.0%
Q4 24
7.5%
Q3 24
5.7%
8.1%
Q2 24
3.6%
9.6%
EPS (diluted)
PRLB
PRLB
VMI
VMI
Q1 26
$5.51
Q4 25
$0.25
$9.02
Q3 25
$0.30
$4.98
Q2 25
$0.18
$-1.53
Q1 25
$0.15
$4.32
Q4 24
$-0.01
$3.85
Q3 24
$0.29
$4.11
Q2 24
$0.18
$4.91

Balance Sheet & Financial Strength

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

Metric
PRLB
PRLB
VMI
VMI
Cash + ST InvestmentsLiquidity on hand
$128.1M
$160.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$673.9M
$1.7B
Total Assets
$763.4M
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRLB
PRLB
VMI
VMI
Q1 26
$160.2M
Q4 25
$128.1M
$187.1M
Q3 25
$119.2M
$226.1M
Q2 25
$103.2M
$208.5M
Q1 25
$96.8M
$184.4M
Q4 24
$103.1M
$164.3M
Q3 24
$100.5M
$200.5M
Q2 24
$112.9M
$163.1M
Total Debt
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
$795.7M
Q3 25
Q2 25
Q1 25
Q4 24
$730.6M
Q3 24
Q2 24
Stockholders' Equity
PRLB
PRLB
VMI
VMI
Q1 26
$1.7B
Q4 25
$673.9M
$1.6B
Q3 25
$664.7M
$1.6B
Q2 25
$664.7M
$1.5B
Q1 25
$656.8M
$1.6B
Q4 24
$670.2M
$1.5B
Q3 24
$680.0M
$1.5B
Q2 24
$685.2M
$1.5B
Total Assets
PRLB
PRLB
VMI
VMI
Q1 26
$3.4B
Q4 25
$763.4M
$3.4B
Q3 25
$756.9M
$3.4B
Q2 25
$743.3M
$3.3B
Q1 25
$737.5M
$3.4B
Q4 24
$743.5M
$3.3B
Q3 24
$753.8M
$3.5B
Q2 24
$758.2M
$3.5B
Debt / Equity
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
0.49×
Q3 25
Q2 25
Q1 25
Q4 24
0.47×
Q3 24
Q2 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
VMI
VMI
Operating Cash FlowLast quarter
$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
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
$16.5M
$111.2M
Q3 25
$29.1M
$112.5M
Q2 25
$10.6M
$167.6M
Q1 25
$18.4M
$65.1M
Q4 24
$17.3M
$193.4M
Q3 24
$24.8M
$225.1M
Q2 24
$14.4M
$130.8M
Free Cash Flow
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
$8.4M
$70.4M
Q3 25
$25.0M
$70.6M
Q2 25
$9.1M
$135.6M
Q1 25
$17.1M
$34.8M
Q4 24
$16.5M
$167.8M
Q3 24
$23.2M
$204.6M
Q2 24
$10.2M
$112.5M
FCF Margin
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
6.2%
6.8%
Q3 25
18.5%
6.7%
Q2 25
6.7%
12.9%
Q1 25
13.6%
3.6%
Q4 24
13.5%
16.2%
Q3 24
18.5%
20.1%
Q2 24
8.2%
10.8%
Capex Intensity
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
5.9%
3.9%
Q3 25
3.0%
4.0%
Q2 25
1.1%
3.0%
Q1 25
1.0%
3.1%
Q4 24
0.7%
2.5%
Q3 24
1.2%
2.0%
Q2 24
3.3%
1.8%
Cash Conversion
PRLB
PRLB
VMI
VMI
Q1 26
Q4 25
0.66×
Q3 25
4.03×
1.14×
Q2 25
2.39×
Q1 25
5.11×
0.75×
Q4 24
2.49×
Q3 24
3.44×
2.71×
Q2 24
3.18×
1.31×

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%

VMI
VMI

Infrastructure$803.2M78%
Agriculture$226.0M22%

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