Proto Labs Raises 2026 Growth Outlook to 10% to 11%, Sets Q4 Range

Proto Labs raised its 2026 revenue-growth outlook to 10% to 11% and set fourth-quarter guidance, citing demand across aerospace, defense, drones, robotics and data centers.

The company forecast fourth-quarter revenue of $143 million to $151 million and non-GAAP earnings per share of 46 cents to 54 cents. Its updated outlook calls for full-year revenue growth of 10% to 11%.

CEO Suresh Krishna said the third-quarter results showed the company’s strategy was translating into “strong and consistent financial results.” Management also cited deeper relationships with enterprise customers and a growing share of their spending.

Proto Labs’ third-quarter gross margin declined amid machine upgrades, contract labor and higher raw-material costs. The company expects fourth-quarter gross margin to be flat to slightly lower than in the third quarter, and said it expects to maintain its gross-margin percentage into 2027.