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Proto Labs Inc（PRLB）与Target Hospitality Corp.（TH）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Target Hospitality Corp.的1.9倍（$139.3M vs $73.5M），Proto Labs Inc净利率更高（5.8% vs -20.3%，领先26.2%），Target Hospitality Corp.同比增速更快（22.0% vs 10.4%），过去两年Proto Labs Inc的营收复合增速更高（5.3% vs 0.7%）
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。
Target Hospitality是一家专业住宿服务提供商，主营石油、天然气及矿业项目用工住宿，也提供大型活动、灾后救援所需的临时模块化住宿，总部位于得克萨斯州伍德兰兹，同时在北达科他州威利斯顿、科罗拉多州丹佛以及阿尔伯塔省卡尔加里设有办事处。
PRLB vs TH — 直观对比
营收规模更大
PRLB
是对方的1.9倍
$73.5M
营收增速更快
TH
高出11.6%
10.4%
净利率更高
PRLB
高出26.2%
-20.3%
两年增速更快
PRLB
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $139.3M | $73.5M |
| 净利润 | $8.1M | $-14.9M |
| 毛利率 | 45.6% | 9.6% |
| 营业利润率 | 7.1% | -22.9% |
| 净利率 | 5.8% | -20.3% |
| 营收同比 | 10.4% | 22.0% |
| 净利润同比 | 125.4% | -219.1% |
| 每股收益（稀释后） | $0.29 | $-0.14 |
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PRLBTH
| Q1 26 | $139.3M | — | ||
| Q4 25 | $136.5M | $73.5M | ||
| Q3 25 | $135.4M | $91.6M | ||
| Q2 25 | $135.1M | $54.9M | ||
| Q1 25 | $126.2M | $54.9M | ||
| Q4 24 | $121.8M | $60.2M | ||
| Q3 24 | $125.6M | $65.8M | ||
| Q2 24 | $125.6M | $67.5M |
净利润PRLBTH
| Q1 26 | $8.1M | — | ||
| Q4 25 | — | $-14.9M | ||
| Q3 25 | $7.2M | $-795.0K | ||
| Q2 25 | $4.4M | $-14.9M | ||
| Q1 25 | $3.6M | $-6.5M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | $7.2M | $20.0M | ||
| Q2 24 | $4.5M | $18.4M |
毛利率PRLBTH
| Q1 26 | 45.6% | — | ||
| Q4 25 | 44.2% | 9.6% | ||
| Q3 25 | 45.3% | 19.6% | ||
| Q2 25 | 44.3% | -0.6% | ||
| Q1 25 | 44.1% | 32.7% | ||
| Q4 24 | 42.7% | 61.5% | ||
| Q3 24 | 45.6% | 68.7% | ||
| Q2 24 | 45.0% | 69.4% |
营业利润率PRLBTH
| Q1 26 | 7.1% | — | ||
| Q4 25 | 5.0% | -22.9% | ||
| Q3 25 | 6.5% | 0.1% | ||
| Q2 25 | 3.7% | -30.8% | ||
| Q1 25 | 3.6% | -2.0% | ||
| Q4 24 | -1.2% | 34.5% | ||
| Q3 24 | 6.8% | 42.5% | ||
| Q2 24 | 4.8% | 43.8% |
净利率PRLBTH
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | -20.3% | ||
| Q3 25 | 5.3% | -0.9% | ||
| Q2 25 | 3.3% | -27.2% | ||
| Q1 25 | 2.9% | -11.8% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | 5.7% | 30.4% | ||
| Q2 24 | 3.6% | 27.2% |
每股收益（稀释后）PRLBTH
| Q1 26 | $0.29 | — | ||
| Q4 25 | $0.25 | $-0.14 | ||
| Q3 25 | $0.30 | $-0.01 | ||
| Q2 25 | $0.18 | $-0.15 | ||
| Q1 25 | $0.15 | $-0.07 | ||
| Q4 24 | $-0.01 | $0.12 | ||
| Q3 24 | $0.29 | $0.20 | ||
| Q2 24 | $0.18 | $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 | $124.0M | $8.3M |
| 总债务越低越好 | — | $1.7M |
| 股东权益账面价值 | $683.1M | $389.3M |
| 总资产 | $778.6M | $530.2M |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资PRLBTH
| Q1 26 | $124.0M | — | ||
| Q4 25 | $128.1M | $8.3M | ||
| Q3 25 | $119.2M | $30.4M | ||
| Q2 25 | $103.2M | $19.2M | ||
| Q1 25 | $96.8M | $34.5M | ||
| Q4 24 | $103.1M | $190.7M | ||
| Q3 24 | $100.5M | $177.7M | ||
| Q2 24 | $112.9M | $154.3M |
总债务PRLBTH
| Q1 26 | — | — | ||
| Q4 25 | — | $1.7M | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $42.9M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M |
股东权益PRLBTH
| Q1 26 | $683.1M | — | ||
| Q4 25 | $673.9M | $389.3M | ||
| Q3 25 | $664.7M | $402.4M | ||
| Q2 25 | $664.7M | $401.3M | ||
| Q1 25 | $656.8M | $415.3M | ||
| Q4 24 | $670.2M | $421.1M | ||
| Q3 24 | $680.0M | $417.6M | ||
| Q2 24 | $685.2M | $397.2M |
总资产PRLBTH
| Q1 26 | $778.6M | — | ||
| Q4 25 | $763.4M | $530.2M | ||
| Q3 25 | $756.9M | $541.2M | ||
| Q2 25 | $743.3M | $533.7M | ||
| Q1 25 | $737.5M | $562.5M | ||
| Q4 24 | $743.5M | $725.8M | ||
| Q3 24 | $753.8M | $709.8M | ||
| Q2 24 | $758.2M | $697.0M |
负债/权益比PRLBTH
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | $17.5M | $5.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流PRLBTH
| Q1 26 | $17.5M | — | ||
| Q4 25 | $16.5M | $5.7M | ||
| Q3 25 | $29.1M | $53.4M | ||
| Q2 25 | $10.6M | $11.1M | ||
| Q1 25 | $18.4M | $3.9M | ||
| Q4 24 | $17.3M | $30.6M | ||
| Q3 24 | $24.8M | $31.4M | ||
| Q2 24 | $14.4M | $39.1M |
自由现金流PRLBTH
| Q1 26 | — | — | ||
| Q4 25 | $8.4M | — | ||
| Q3 25 | $25.0M | — | ||
| Q2 25 | $9.1M | — | ||
| Q1 25 | $17.1M | $-11.6M | ||
| Q4 24 | $16.5M | — | ||
| Q3 24 | $23.2M | — | ||
| Q2 24 | $10.2M | — |
自由现金流率PRLBTH
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | — | ||
| Q3 25 | 18.5% | — | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | 13.6% | -21.1% | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | 18.5% | — | ||
| Q2 24 | 8.2% | — |
资本支出强度PRLBTH
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.0% | 28.2% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 3.3% | — |
现金转化率PRLBTH
| Q1 26 | 2.16× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.03× | — | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 5.11× | — | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | 3.44× | 1.57× | ||
| Q2 24 | 3.18× | 2.13× |
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
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% |
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
