---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-027385"
form_type: "8-K"
ticker: "PRLB"
cik: "0001443669"
company_name: "Proto Labs Inc"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:51:58.575898+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Proto Labs Q2 revenue down 3.7% to $122.3M; GAAP loss $0.01, non-GAAP EPS $0.33

## Summary
- Revenue of $122.3M, down 3.7% YoY from $126.9M; network revenue $20.2M, up 79.3% YoY.
- GAAP net loss of $0.4M ($0.01 per diluted share) vs. net income of $8.1M ($0.31 per share) in Q2 2022.
- Non-GAAP net income of $8.7M ($0.33 per diluted share); gross margin improved to 44.2%.
- Network revenue grew 17.6% sequentially from Q1 2023; management noted continued strategic shift to digital manufacturing.

## SEC filing metadata
- accession: 0001628280-23-027385
- form_type: 8-K
- ticker: PRLB
- cik: 0001443669
- company_name: Proto Labs Inc
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1443669/000162828023027385/0001628280-23-027385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1443669/000162828023027385/prlb-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-027385
- JSON: https://secwatch.observer/filing/0001628280-23-027385.json
- Plain text: https://secwatch.observer/filing/0001628280-23-027385.txt

## Key facts
- Earnings Releases
  Proto Labs Inc reported the second quarter ended June 30, 2023 results: revenue $122.3 million, net income $0.4 million, EPS $0.01 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $122.3 million
  - Net income: $0.4 million
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: Protolabs Reports Financial Results for the Second Quarter of 2023 Revenue of $122.3 million in the Second Quarter of 2023 Network revenue of $20.2 million; a 79.3% YoY increase GAAP Loss Per Share of $0.01; Non-GAAP Earnings Per Share of $0.33 MAPLE PLAIN, Minn. – August 4, 2023 – Proto Labs, Inc. (the "Company" or "Protolabs") (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced financial results for the second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1443669/000162828023027385/0001628280-23-027385-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.