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DULUTH HOLDINGS INC.（DLTH）与Proto Labs Inc（PRLB）财务数据对比。点击上方公司名可切换其他公司
Proto Labs Inc的季度营收约是DULUTH HOLDINGS INC.的1.2倍（$139.3M vs $114.9M），Proto Labs Inc净利率更高（5.8% vs -8.8%，领先14.6%），Proto Labs Inc同比增速更快（10.4% vs -9.6%），过去两年Proto Labs Inc的营收复合增速更高（5.3% vs -31.6%）
德卢思控股是一家美国工装及配饰企业，主打通过旗下德卢思贸易品牌开展产品销售业务，面向市场推出各类实用工装及相关配饰产品，是美国本土颇具特色的服饰零售企业。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
DLTH vs PRLB — 直观对比
营收规模更大
PRLB
是对方的1.2倍
$114.9M
营收增速更快
PRLB
高出20.0%
-9.6%
净利率更高
PRLB
高出14.6%
-8.8%
两年增速更快
PRLB
近两年复合增速
-31.6%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $114.9M | $139.3M |
| 净利润 | $-10.1M | $8.1M |
| 毛利率 | 53.8% | 45.6% |
| 营业利润率 | -7.7% | 7.1% |
| 净利率 | -8.8% | 5.8% |
| 营收同比 | -9.6% | 10.4% |
| 净利润同比 | 64.6% | 125.4% |
| 每股收益（稀释后） | $-0.29 | $0.29 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DLTHPRLB
| Q1 26 | — | $139.3M | ||
| Q4 25 | $114.9M | $136.5M | ||
| Q3 25 | $131.7M | $135.4M | ||
| Q2 25 | $102.7M | $135.1M | ||
| Q1 25 | $241.3M | $126.2M | ||
| Q4 24 | $127.1M | $121.8M | ||
| Q3 24 | $141.6M | $125.6M | ||
| Q2 24 | $116.7M | $125.6M |
净利润DLTHPRLB
| Q1 26 | — | $8.1M | ||
| Q4 25 | $-10.1M | — | ||
| Q3 25 | $1.3M | $7.2M | ||
| Q2 25 | $-15.3M | $4.4M | ||
| Q1 25 | $-5.6M | $3.6M | ||
| Q4 24 | $-28.2M | — | ||
| Q3 24 | $-2.0M | $7.2M | ||
| Q2 24 | $-7.9M | $4.5M |
毛利率DLTHPRLB
| Q1 26 | — | 45.6% | ||
| Q4 25 | 53.8% | 44.2% | ||
| Q3 25 | 54.7% | 45.3% | ||
| Q2 25 | 52.0% | 44.3% | ||
| Q1 25 | 44.1% | 44.1% | ||
| Q4 24 | 52.3% | 42.7% | ||
| Q3 24 | 52.3% | 45.6% | ||
| Q2 24 | 52.8% | 45.0% |
营业利润率DLTHPRLB
| Q1 26 | — | 7.1% | ||
| Q4 25 | -7.7% | 5.0% | ||
| Q3 25 | 1.8% | 6.5% | ||
| Q2 25 | -12.0% | 3.7% | ||
| Q1 25 | -1.8% | 3.6% | ||
| Q4 24 | -17.4% | -1.2% | ||
| Q3 24 | -1.1% | 6.8% | ||
| Q2 24 | -7.7% | 4.8% |
净利率DLTHPRLB
| Q1 26 | — | 5.8% | ||
| Q4 25 | -8.8% | — | ||
| Q3 25 | 1.0% | 5.3% | ||
| Q2 25 | -14.9% | 3.3% | ||
| Q1 25 | -2.3% | 2.9% | ||
| Q4 24 | -22.2% | — | ||
| Q3 24 | -1.4% | 5.7% | ||
| Q2 24 | -6.7% | 3.6% |
每股收益（稀释后）DLTHPRLB
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-0.29 | $0.25 | ||
| Q3 25 | $0.04 | $0.30 | ||
| Q2 25 | $-0.45 | $0.18 | ||
| Q1 25 | $-0.17 | $0.15 | ||
| Q4 24 | $-0.84 | $-0.01 | ||
| Q3 24 | $-0.06 | $0.29 | ||
| Q2 24 | $-0.24 | $0.18 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.2M | $124.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $160.6M | $683.1M |
| 总资产 | $468.0M | $778.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DLTHPRLB
| Q1 26 | — | $124.0M | ||
| Q4 25 | $8.2M | $128.1M | ||
| Q3 25 | $5.7M | $119.2M | ||
| Q2 25 | $8.6M | $103.2M | ||
| Q1 25 | $3.3M | $96.8M | ||
| Q4 24 | $9.3M | $103.1M | ||
| Q3 24 | $9.8M | $100.5M | ||
| Q2 24 | $6.8M | $112.9M |
股东权益DLTHPRLB
| Q1 26 | — | $683.1M | ||
| Q4 25 | $160.6M | $673.9M | ||
| Q3 25 | $170.0M | $664.7M | ||
| Q2 25 | $167.9M | $664.7M | ||
| Q1 25 | $182.7M | $656.8M | ||
| Q4 24 | $188.1M | $670.2M | ||
| Q3 24 | $215.7M | $680.0M | ||
| Q2 24 | $218.4M | $685.2M |
总资产DLTHPRLB
| Q1 26 | — | $778.6M | ||
| Q4 25 | $468.0M | $763.4M | ||
| Q3 25 | $433.8M | $756.9M | ||
| Q2 25 | $463.7M | $743.3M | ||
| Q1 25 | $452.4M | $737.5M | ||
| Q4 24 | $533.1M | $743.5M | ||
| Q3 24 | $488.6M | $753.8M | ||
| Q2 24 | $471.4M | $758.2M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-6.7M | $17.5M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | — |
| 自由现金流率自由现金流/营收 | -7.8% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | $1.7M | — |
8季度趋势，按日历期对齐
经营现金流DLTHPRLB
| Q1 26 | — | $17.5M | ||
| Q4 25 | $-6.7M | $16.5M | ||
| Q3 25 | $32.0M | $29.1M | ||
| Q2 25 | $-56.5M | $10.6M | ||
| Q1 25 | $41.2M | $18.4M | ||
| Q4 24 | $-41.1M | $17.3M | ||
| Q3 24 | $16.6M | $24.8M | ||
| Q2 24 | $-33.7M | $14.4M |
自由现金流DLTHPRLB
| Q1 26 | — | — | ||
| Q4 25 | $-8.9M | $8.4M | ||
| Q3 25 | $29.8M | $25.0M | ||
| Q2 25 | $-57.8M | $9.1M | ||
| Q1 25 | $38.7M | $17.1M | ||
| Q4 24 | $-43.7M | $16.5M | ||
| Q3 24 | $15.0M | $23.2M | ||
| Q2 24 | $-35.2M | $10.2M |
自由现金流率DLTHPRLB
| Q1 26 | — | — | ||
| Q4 25 | -7.8% | 6.2% | ||
| Q3 25 | 22.6% | 18.5% | ||
| Q2 25 | -56.3% | 6.7% | ||
| Q1 25 | 16.0% | 13.6% | ||
| Q4 24 | -34.4% | 13.5% | ||
| Q3 24 | 10.6% | 18.5% | ||
| Q2 24 | -30.2% | 8.2% |
资本支出强度DLTHPRLB
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 5.9% | ||
| Q3 25 | 1.7% | 3.0% | ||
| Q2 25 | 1.3% | 1.1% | ||
| Q1 25 | 1.0% | 1.0% | ||
| Q4 24 | 2.1% | 0.7% | ||
| Q3 24 | 1.2% | 1.2% | ||
| Q2 24 | 1.3% | 3.3% |
现金转化率DLTHPRLB
| Q1 26 | — | 2.16× | ||
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | 4.03× | ||
| Q2 25 | — | 2.39× | ||
| Q1 25 | — | 5.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.44× | ||
| Q2 24 | — | 3.18× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DLTH
| Sales Channel Directly To Consumer | $67.4M | 59% |
| Sales Channel Through Intermediary | $47.4M | 41% |
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
