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Proto Labs vs Techprecision: revenue, profit, margins and growth compared

Proto Labs brought in $533.1M of revenue in fiscal 2025, Techprecision $31.6M in fiscal 2026. Revenue changed by +6.4% at Proto Labs and -7.0% at Techprecision on the year before, so Proto Labs grew faster. Proto Labs kept 4.0% of its revenue as net profit, Techprecision -5.3%. Free cash flow was $59.7M at Proto Labs and -$3.3M at Techprecision.

Side by side, latest fiscal year

PRLBTPCS
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$533.1M$31.6M
Revenue growth+6.4%-7.0%
Net income$21.2M-$1.7M
Net margin4.0%-5.3%
Free cash flow$59.7M-$3.3M
Free cash flow margin11.2%-10.3%
Earnings per share (diluted)$0.88-$0.17
Cash$110.8M$431K
Debtn/a$6.9M
Price to earnings109.4n/a
Market value$2.3B$53.1M
Dividend yieldn/an/a
Rank by revenue in sector#314 of 451 · Industrials#415 of 451 · Industrials

Over the years

Revenue
PRLB FY2018: $445.6MPRLB FY2019: $458.7MPRLB FY2020: $434.4MPRLB FY2021: $488.1MPRLB FY2022: $488.4MPRLB FY2023: $503.9MPRLB FY2024: $500.9MPRLB FY2025: $533.1MTPCS FY2019: $16.7MTPCS FY2020: $16MTPCS FY2021: $15.6MTPCS FY2022: $22.3MTPCS FY2023: $31.4MTPCS FY2024: $31.6MTPCS FY2025: $34MTPCS FY2026: $31.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PRLB $533.1MTPCS $31.6M
Net income
PRLB FY2018: $76.6MPRLB FY2019: $63.7MPRLB FY2020: $50.9MPRLB FY2021: $33.4MPRLB FY2022: -$103.5MPRLB FY2023: $17.2MPRLB FY2024: $16.6MPRLB FY2025: $21.2MTPCS FY2019: $1.1MTPCS FY2020: -$341.6KTPCS FY2021: $320.6KTPCS FY2022: -$349.8KTPCS FY2023: -$979KTPCS FY2024: -$7MTPCS FY2025: -$2.7MTPCS FY2026: -$1.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PRLB $21.2MTPCS -$1.7M
Net margin
PRLB FY2018: 17.2%PRLB FY2019: 13.9%PRLB FY2020: 11.7%PRLB FY2021: 6.8%PRLB FY2022: -21.2%PRLB FY2023: 3.4%PRLB FY2024: 3.3%PRLB FY2025: 4.0%TPCS FY2019: 6.6%TPCS FY2020: -2.1%TPCS FY2021: 2.1%TPCS FY2022: -1.6%TPCS FY2023: -3.1%TPCS FY2024: -22.3%TPCS FY2025: -8.1%TPCS FY2026: -5.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
PRLB 4.0%TPCS -5.3%
Revenue growth
PRLB FY2019: +2.9%PRLB FY2020: -5.3%PRLB FY2021: +12.4%PRLB FY2022: +0.1%PRLB FY2023: +3.2%PRLB FY2024: -0.6%PRLB FY2025: +6.4%TPCS FY2020: -4.2%TPCS FY2021: -2.6%TPCS FY2022: +42.9%TPCS FY2023: +41.1%TPCS FY2024: +0.5%TPCS FY2025: +7.7%TPCS FY2026: -7.0%FY19FY20FY21FY22FY23FY24FY25FY26
PRLB +6.4%TPCS -7.0%
Free cash flow
PRLB FY2018: $35.8MPRLB FY2019: $53.8MPRLB FY2020: $60MPRLB FY2021: $21MPRLB FY2022: $40.4MPRLB FY2023: $45.2MPRLB FY2024: $68.7MPRLB FY2025: $59.7MTPCS FY2019: $84.7KTPCS FY2020: $636.9KTPCS FY2021: $89KTPCS FY2022: -$681.2KTPCS FY2023: $812.5KTPCS FY2024: -$2.5MTPCS FY2025: -$4.7MTPCS FY2026: -$3.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PRLB $59.7MTPCS -$3.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Proto Labs and Techprecision

Which is bigger by revenue, Proto Labs or Techprecision?

Proto Labs is bigger by revenue: $533.1M in fiscal 2025, against $31.6M for Techprecision in fiscal 2026.

Which keeps more of its revenue as profit, Proto Labs or Techprecision?

Proto Labs had a net margin of 4.0% in fiscal 2025; Techprecision had -5.3% in fiscal 2026.

Which grew revenue faster, Proto Labs or Techprecision?

In their latest fiscal years revenue changed by +6.4% at Proto Labs and -7.0% at Techprecision.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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