PRLB
Proto Labs, Inc.
PRLB has the edge over RKLB overall, supported by lower modeled downside and stronger modeled upside.
RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
PRLB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
PRLB's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
PRLB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 29x | $68.61 | — |
| Cheap | 39x | $55.46 | -19% |
| Current | 48x | $68.61 | — |
| Fair | 52x | $74.95 | +9.2% |
| Expensive | 71x | $102 | +49% |
Historical ranges are pointers, not guarantees.
PRLB's PE is in its fair range at 48x. If earnings grow as analysts expect, today's price would be 29x next year's earnings, in its cheap range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
PRLB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PRLB, with profitability improving.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
PRLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.39 | +67% |
| Q3 2026 | $1.43 | +131% |
| Q2 2026 | $1.25 | +105% |
| Q1 2026 | $1.06 | +74% |
| Q4 2025 | $0.88 | +33% |
| Q3 2025 | $0.62 | -33% |
| Q2 2025 | $0.61 | -36% |
| Q1 2025 | $0.61 | -20% |
| Q4 2024 | $0.66 | 0% |
PRLB has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
PRLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $154.3M | +14% |
| Q2 2026 | $149.3M | +11% |
| Q1 2026 | $139.3M | +10% |
| Q4 2025 | $136.5M | +12% |
| Q3 2025 | $135.4M | +7.8% |
| Q2 2025 | $135.1M | +7.5% |
| Q1 2025 | $126.2M | -1.3% |
| Q4 2024 | $121.8M | -2.6% |
PRLB's revenue has grown year over year for six quarters in a row: $154M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.4% | +2.8 points |
| Q2 2026 | 7.6% | +3.9 points |
| Q1 2026 | 7.1% | +3.5 points |
| Q4 2025 | 5% | +6.2 points |
| Q3 2025 | 6.5% | -0.3 points |
| Q2 2025 | 3.7% | -1.1 points |
| Q1 2025 | 3.6% | -1.8 points |
| Q4 2024 | -1.2% | -7.9 points |
PRLB has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over PRLB on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
PRLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $17M | -32% |
| Q2 2026 | $9.2M | +1.3% |
| Q1 2026 | $14M | -18% |
| Q4 2025 | $8.4M | -49% |
| Q3 2025 | $25M | +7.9% |
| Q2 2025 | $9.1M | -11% |
| Q1 2025 | $17.1M | -8.7% |
| Q4 2024 | $16.5M | +$17.4M |
PRLB has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
PRLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +23K shares |
| 1 year | +1% | +248K shares |
| 3 years | -6.1% | -1.6M shares |
| 5 years | -12% | -3.3M shares |
| Available history | -9.7% | -2.6M shares |
PRLB has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5M |
| Q2 2026 | $5M |
| Q1 2026 | — |
| Q4 2025 | $6.2M |
| Q3 2025 | $12.8M |
| Q2 2025 | $3.1M |
| Q1 2025 | $20.9M |
| Q4 2024 | $14.3M |
PRLB spent $16M buying back its own shares over the past year, down 68% from the year before.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
PRLB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.8x | Net Cash |
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.0x | Net Cash |
| Q2 2025 | -1.8x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.6x | Net Cash |
PRLB has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
PRLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.2 | Neutral |
| Stochastic | 12.3 | Oversold |
PRLB's weekly RSI is 42 (neutral) and its Stochastic is 12 (oversold).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
PRLB PE vs Industrials Sector
| Metric | PRLB | Sector median | Relative |
|---|---|---|---|
| PE | 48x | 24x | 99% above |
| PE % | 44 | 58 | 14 pts below |
PRLB is trading at 48x earnings, a 99% premium to the Industrials sector's median of 24x.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
PRLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $82.8 | 17% below |
| 20 week MA | $81.8 | 16% below |
| 50 week MA | $70.3 | 2.4% below |
| 100 week MA | $56.4 | 22% above |
| 200 week MA | $44.5 | 54% above |
PRLB has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 54% above its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over PRLB on trend strength, trading above more of its moving averages.
PRLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.1 | $172.6 | +71% |
| 2021 | $172.6 | $52.8 | -69% |
| 2022 | $52.8 | $24.8 | -53% |
| 2023 | $24.8 | $39.0 | +57% |
| 2024 | $39.0 | $39.6 | +1.5% |
| 2025 | $39.6 | $52.7 | +33% |
| 2026 YTD | $52.7 | $68.6 | +30% |
PRLB has the edge over RKLB on returns for 2026, with the stronger performance.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.